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Tourism in Italy: figures and potential for development

Andrea Petrella (), Roberto Torrini (), Guglielmo Barone (), Enrico Beretta (), Emanuele Breda (), Rita Cappariello (), Giuseppe Ciaccio (), Laura Conti (), Francesco David (), Petra Degasperi (), Angela di Gioia (), Alberto Felettigh (), Andrea Filippone (), Giovanna Firpo (), Massimo Gallo (), Paolo Guaitini (), Giulio Papini (), Patrizia Passiglia (), Fabio Quintiliani (), Giacomo Roma, Valentina Romano () and Diego Scalise ()
Additional contact information
Andrea Petrella: Banca d'Italia
Enrico Beretta: Banca d'Italia
Giuseppe Ciaccio: Banca d'Italia
Laura Conti: Banca d'Italia
Francesco David: Banca d'Italia
Petra Degasperi: Banca d'Italia
Angela di Gioia: Banca d'Italia
Andrea Filippone: Banca d'Italia
Giovanna Firpo: Banca d'Italia
Massimo Gallo: Banca d'Italia
Paolo Guaitini: Banca d'Italia
Giulio Papini: Banca d'Italia
Patrizia Passiglia: Banca d'Italia
Fabio Quintiliani: Banca d'Italia
Valentina Romano: Banca d'Italia
Diego Scalise: Banca d'Italia

No 505, Questioni di Economia e Finanza (Occasional Papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: The paper analyses the main trends and structural characteristics of the Italian tourism sector, which accounts for more than 5% of GDP and more than 6% of employment in the country. The study shows that in recent years the national tourist system has recorded a good growth performance, boosted by rapidly-expanding international demand for tourism services and by the competitive advantage of a unique artistic and cultural heritage. This has been associated with an upgrading of hotel accommodation in favour of higher-quality structures, and with an expansion of the non-hotel segment, partly fostered by the spread of the sharing economy and online intermediation. It is apparent, however, that some tourism potential still needs to be exploited � especially in Southern Italy, where the sector seems relatively undersized � and that potential risks are associated with the growing concentration of tourist flows in few locations. In order to cope with these problems, the paper argues that there should be a nationwide coordination of tourism policies, providing stable guidelines for the sector.

Keywords: tourism; artistic and cultural heritage; accommodation capacity; tourism policies (search for similar items in EconPapers)
JEL-codes: F14 L83 Z10 Z30 (search for similar items in EconPapers)
Date: 2019-07
New Economics Papers: this item is included in nep-tur
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