Opérations
Italy
Operational Management

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Italy, on the way to recovery

2 min reading time

Published on 07/05/14 - Updated on 17/03/22

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Carnaval de Venise

Like all of Southern Europe, Italy is benefiting from the first signs of economic recovery and this may be felt on its hotel activity. The positive evolutions of indicators in February, particularly thanks to the dynamism of carnival season, only confirm the trend observed in recent months and the optimistic forecasts for 2014. MKG Hospitality’s forecasts suggest a positive evolution of results under the impact of improved economic conditions and the decrease in pressure to lower hotel prices.

For several months, Italy's hotel industry has been following an upturn and hoteliers in the country appear to be benefiting from the first signs of an economic recovery expected in 2014, for the country and Europe overall. Moreover, activity on the sector proved to be dynamic in the first month of...

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