Italian Hotel & Chains Report Released
“The Italian hospitality market, as highlighted by the 2017 data, will be driven in 2018 by growing hotel chains penetration, increasing real estate transactions volume and evolution of operators’ business model.” Marco Sangiorgio, General Manager CDP Investimenti SGR
This opening quote, by the General Manager of Italy’s largest Bank, sets the scene for this year’s Italian Hotel and Chains report. The report, the 5th instalment, is the most comprehensive ever investigation into the state of the Italian Hotel and real estate market. This market is traditional, family owned with far less internationally recognised brands than comparable, developed markets in the rest of the European Union.
The full report, over 70 pages, is available to purchase from the Italian office, but we are able to offer a free summary here.