05 October, Il Sole 24 Ore
Hotels in Italy recorded 148.5 million visitors in the last summer, resulting in 65 million less than in 2019. Five-star hotels reported the sharpest decline (-80%), while restaurants and bars lost revenues for 19 billion € and redundancies are expected to be between 250,000 and 300,000.
Shops mostly catering to foreign tourists lost revenues for 5.7 billion €, while beach resorts reported losses for 3 billion. Due to the absence of foreigners, cultural destinations saw 25 million visitors less than the previous summer, and restaurants lost 5.2 billion.
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi