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First predatory offers reported for empty hotels

24 April, Il Sole 24 Ore

As a result of the lockdown, some business owners operating in tourism have recently received excessively low bids to buy their hotel or facility. Such a trend raised some concern since the fragile economic situation of households and enterprises risks to facilitate the direct or indirect acquisition of businesses by criminal organizations.  For this reason, the law enforcement authorities are closely monitoring the property transactions.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi