Follow Us On

Analysis of Hotel Overnight Stays In Italy 2019 – Jan 2024

In the 30 years leading up to 2020, demand for Italy grew at a pace of about +2.8% (hotel arrivals, compound annual growth rate), with foreign arrivals even increasing at a CAGR of +3.2%. Before the total shutdown of travel, Italy’s tourism demand was strong (281 million overnight stays in 2019), with the international market accounting for 50% of the total hotel volumes. Following the outbreak of the pandemic in 2020, a slight and gradual recovery in presences was observed during 2021, despite a persistent negative trend in the volumes of occupancies in the early months of 2021. In fact, it was starting from the summer season, particularly from July, that the gap compared to the pre-pandemic period began to narrow. On an annual level, compared to 2019, 2021 still recorded a -41% drop in overall presences. In 2022, the gap compared to 2019 further narrowed.

The first quarter of 2022 saw occupancies volumes around -31% compared to 2019. This was an improvement from the -82% in the first quarter of 2021 and mainly in line with the first quarter of 2020 when there were no restrictions (except for March 2020). The 12 months of 2022 closed at just below -14% compared to the same period in 2019. In 2023, with almost 268 million presences, there was a partial alignment (-5%) in volumes compared to 2019. The months of January and February positioned themselves at -3% and -7% compared to 2019; the definitive recovery from the pandemic effects occurred in September, October, and December with +3%, +6%, and +4% respectively compared to the same months of 2019.

During 2020, Italy’s main foreign hotel markets experienced significant declines compared to 2019. The overall drop of the top 7 foreign markets was -51.7%, with US overnight stays plummeting by 77.2%. Other particularly affected source markets were the Netherlands, with a decrease of about 82.1%, and Germany with -52.8%. The Swiss market decreased the least, by 21%. In 2021, however, some foreign markets even increased their share of total foreign presences. These markets were Austria, Switzerland, and France. In 2022, only the hotel occupancy from Austria and Switzerland exceeded their respective 2019 volumes. The US and UK regained their share compared to 2019, while Germany lost weight in the total foreign hotel presences. In recent days, ISTAT published the tourist presences registered in January of this year, reaching 18.4 million (the highest volumes recorded in the years in question), an increase of 2.1% compared to 2020 and 3% compared to 2023. Considering that in January 2020, it was still possible to travel without any restrictions, hotel occupancies were at 13.8 million (the highest volumes recorded in the years in question) and non-hotel occupancy at 4.2 million.

In January 2024, the hotel segment reached 13.7 million occupancies (-0.5% compared to 2020 and +5.2% compared to 2023) and the non-hotel segment 4.6 million (+10.7% compared to 2020 and -3% compared to 2023). On the other hand, the growth in occupancies in the non-hotel segment compared to 2019 was particularly significant (+18% in 2023 and +14% in 2024).

Related Posts

Category

Recent Articles

14 October 2024
ITA-Italian Trade Agency and Invitalia invites you to “Invest in Italy”, an agreement aimed at encouraging foreign investments in Italy.
1 October 2024
Why Italy is – and will be even more so in the future – the kingdom of luxury tourism
30 September 2024
ITA Airways: Revenue H1 2024 1,4 bln € (+33% YoY)
5 September 2024
Dolce & Gabbana Acquires Mocambo Café-Patisserie in Taormina.
2 September 2024
Collective Hospitality Acquires Selina Hospitality
9 August 2024
Barletta Group Acquires Hotel Villa Diodoro from De Gais Hotel Group

Tag Cloud

Rome Accor luxury pipeline development Milan expansion Venice Hotel Chains ithic Marriott Florence hilton B&B Hotels Mandarin Oriental BWH Roma Piazza Hotels & Residences Firenze Hines Blackstone Bayview Rosewood Oaktree Belmond LVMH Horwath HTL Luxury segment VOI hotels A&O IHG Group Riccione Castello SGR Namira SGR CDP Yellowsquare CapEx ESG Thermal Wellness Rocco Forte Arsenale Mestre hostel PHR UnaHotels Russia Ennismore Wyndham Trentino Numa Adagio Aeroviaggi Mangia's STR Park Hyatt di Milano Lungarno Collection Hotel Bauer short term rentals Napoli J Hotel Meeting & Congressi MICE hotel operation Hilton Hotels & Resorts Hotel brands Rosewood Castiglion Del Bosco Rome Termini Mercure Hotels The Yard Limestone Capital Reale Immobili HNH Hospitality Six Senses Sheraton Milano San Siro Hotel Hotel Milano Monza Union Investment Hotel Le Conchiglie pygmalion capital Deutsche Hospitality Steigenberger Icons Anglo American Hotel Borgo del Forte Campus Ventimiglia Marina Azora Swiss group Arenas Travelodge Icade Healthcare Europe Canopy by Hilton Federici Costruzioni Group Four Points by Sheraton Reuben Brothers Corinthia Hotels Italian Hospitality Collection Salsomaggiore Thermae Green Park Hotel Torre SGR Star Gestioni Hotel M89 Fabio Coppola Marco Coppola Sharon Grob The Hoxton Tétris letto budget bed intervention sostituzione materassi ristrutturazione rebranding w Tony Capuano Campasso di Nervia new development Ventimiglia BDF Real Estate Ferrovie dello stato FS luxury apartments conversion Bizzi & Partners Bordighera Hotel Angst REPE I Real Estate Parters Europe II REPE II KKR Francesco Muntoni Salvatore Peru Sustainability Loan Intesa Sanpaolo Delphina H&R Sardinia Governance Social Environmental Marco Muntoni Castello Odero Gino Coppedè Punta Caiega Portofino Villa Beatrice Splendido Mare Splendido Blue Noble investment company Scalo Porta Romana Via Col Moschin Via Giovenale residence Aparto Milan Ripamonti Aparto Milan Giovenale student housing Aparto Federterme Hospitality Day Confindustria Health Tourism in Italy Federteme Confindustria Health Tourism Meeting Generali Real Eatate The Student Hotel Langhe Cherasco La Tenuta di Petriolo Borgosesia Dolce Vita Meininger Varese instability Ukrainian Crisis Ukraine 25Hours Mordashov sanctions TUI LHW Milano Baglioni Hotel San Gallo Palace Allegroitalia Tryp Meliá Frankfurt LyvInn Blantyre Capital Cima Rosetta Hotel Garibaldi Hotels Sicily StayOne Private villas Tapestry Collection La Gemma novotel dual branded hotel Calabria Alpitour Blu Hotels Ponte di Legno
Mail
Phone
B2B platform
tickets