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...Read More
The Chains Monitor 2023 by THRENDS (sponsored by Dorelan) provides an update on hotel chains in Italy. In the first half of 2023, 141 new affiliations and 89 disaffiliations were reported, with the majority in the upscale segment. For the next few years, 164 development projects are planned, with luxury hotels being the focus and...Read More
ISTAT recently published the report «Viaggi e Vacanze in Italia e all’estero», which highlights the results on incoming and outgoing tourism. In 2022, tourism by residents is clearly recovering. Trips with overnight stays were 54.8 million (+31.6% YoY), however they are still 23% lower than in 2019. Overnight stays or overnight stays exceed 2021 by...Read More
The German group DSR Hotel Holding has taken over 75% of the domestic chain Mira Hotels & Resorts, founded by Daniela Righi and Alessandro Vadagnini. The objective of the deal for DSR Hotel Holding is clearly the expansion in Italy and the growth of the brands A-Rosa, Aja and Henri, as well as brands of...Read More
Bob W, Finnish rental industry group in the short term, it will open during this second quarter the second structure in Italy, in the center of Milan. The Group had landed in Italy in 2022 with the opening of Bob W Florence Old Bridge. The facility opening in Milan will be located between the Ticinese...Read More
According to a recent analysis by Thrends’ Hoteltransactions.it platform, fewer hotel transactions were recorded in the first quarter of this year than in the first quarter of 2022. As for sales, transactions in this first quarter in the year there were in fact 11, for a volume of Euro 116.1 million, against 31 transactions recorded...Read More
According to a recent update of the Luxury Hotels Database of THRENDS, the 5 star hotels in pipeline in Italy in the coming years (2023 – 2027) has exceeded 100. To be exact, 117 new 5* hotels are in the pipeline construction, rebranding or upgrade, for a total of over 9,400 keys. Currently operational 5-star...Read More
Every year, THRENDS works together with hotel brands and investors to compile in a report the development activity of hotel chains in Italy. Acknowledged as the most authoritative source on the growth of the hotel industry, The Chains Monitor Italy Q3+Q4 2022 is recommended for those interested in the region. This year they partnered with...Read More
