In fact, arriving business enterprise growth remained sturdy through the 2009 money crisis and has remained therefore through the ecu debt crisis. The travel and business enterprise sector accounted for ten.3% of the nation’s total gross domestic product and eleven.7% of its employment in 2012.
Travel and Tourism in Italy to 2017
Aarkstore Enterprise (India), 30th September, 2013 :
The report provides detailed market analysis, information and insights, including:
Historic and forecast tourist volumes covering the entire Italian travel and tourism sector
Detailed analysis of tourist spending patterns in Italy
The total, direct and indirect tourism output generated by each category within the Italian travel and tourism sector
Employment and salary trends for various categories in the Italian travel and tourism sector such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
Detailed market classification across each category with analysis using similar metrics
Detailed analysis of the airline, hotel, car rental and travel intermediaries industries
In 2012, Italy was ranked fifth by the United Nations World Tourism Organization (UNWTO) in terms of inbound tourist arrivals and international tourist receipts. While the country recorded a decline in domestic tourism in 2011, inbound tourism continued to increase. In fact, inbound tourism growth remained strong through the 2009 financial crisis and has remained so through the European debt crisis. The travel and tourism sector accounted for 10.3% of the nation’s total GDP and 11.7% of its employment in 2012.
This market research report provides an extensive analysis related to tourism demands and flows in Italy:
It details historical values for the Italian tourism sector for 2008–2012, along with forecast figures for 2013–2017
It provides comprehensive analysis of travel and tourism demand factors with values for both the 2008–2012 review period and the 2013–2017 forecast period
The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Italy
It provides employment and salary trends for various categories of the travel and tourism sector
It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries with values for both the 2008–2012 review period and the 2013–2017 forecast period
• Based on Timetric’s estimates, Italy’s real GDP is expected to contract by 1.7% in 2013, led by sluggish domestic demand on the back of subdued consumer and business sentiments. The economy is likely to improve in 2014 and grow by 0.3%, bolstered by improving household consumption and enhanced exports. With gradual improvement in the global economic situation, Italy’s average GDP growth is projected to be around 1.2% during 2015–2017.
• The growth of the travel and tourism sector slowed in 2012 as the country entered another recessionary period. Besides the nation’s economic contraction, a decline in investment and consumer spending was also recorded. According to the National Statistic Institute (Istat), the economy contracted by 2.6%, investment decreased by 2.3% and domestic consumption declined at a rate of 0.7% over figures from 2011.
Other Important Reports:
Travel and Tourism in the Netherlands to 2017
Travel and Tourism in Turkey to 2017
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