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Italy gains continue unabated, with a strong finish predicted for the year

Italy gains continue unabated, with a strong finish predicted for the year



Italy once again led the pack amongst the major destination markets, with growth of 20% in the month

2nd November 2017.

 

Italy once again led the pack amongst the major destination markets, with growth of 20% in the month, and 24% on Year to Date basis, further consolidating its position as the destination of choice for 2017.

 

The top three nationalities in Italy, representing close to half of total sales in the month and represented by Chinese, American and Russian tourists, all saw growth of between 26- 28%, whilst Saudi & Kuwaiti tourists provided gains of 47% and 25%, respectively.

 

In terms of destinations within Italy, both Milan and Rome saw an increase of 16%, whilst sales in Florence increased by 33%. Although these three cities represent close to 70% of all sales in Italy, the diversity and variety of destinations saw the rest of the country increase sales by 33%, with sales in Capri, Forte dei Marmi and Portofino, all seeing triple-digit gains in the month.

 

With the final quarter of 2017 predicted to see growth in arrival numbers of 10.2%, and with the top three nationalities all predicted to see double-digit gains, we estimate that sales in Italy will increase by between 25-27% for the full year of 2017.

 

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