Opérations
Italy
Operational Management

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Italy takes the best of the bad in May 2013

4 min reading time

Published on 17/07/13 - Updated on 17/03/22

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Venice

With a global RevPAR change of -1,7% over the past year, there is not much optimism in Italian tourism. However, considering that RevPAR improved 6,9% over the same month last year, there seems to be a glimmer of hope. Although the Italian market is far from healthy, tourism has not disappeared.

The hospitality sector in Italy is a microcosm of its economy overall; while there may be some improvements, the overall picture is bleak. For example, the best that can be said of Italy's gross domestic product is that it is not as bad as before. Whereas 2012 GDP was contracting by 2.3%, the first...

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