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Overview of sustainability protocols for tourism

Leonardo Gaggia • 10/12/2024
Tourism contributes to 13% of Italy’s GDP, and is a key element of the nation’s economy.

However, overtourism can cause several issues, such as gentrification and the exploitation of labour, as well as contributing to the rise in global
greenhouse gas emissions. The decisions of today’s customer base are very much influenced by environmental concerns, and not only those, it is therefore necessary for the sector to tackle sustainability as a theme.

Most of the structures devoted to tourism in Italy are obsolete, it is therefore of key importance for the sector’s development that they modernize, not only to meet the customers’ needs but also to adhere to ESG and Agenda 2030 principles. Every action undertaken has to be aimed at obtaining certifications useful not only for economic development, but also for ethical development.

RECENT INSIGHT

ITALY MARKET OVERVIEW H1 2023
Insights

Italy Market Overview H1 2023

Despite initial expectations of recession at the beginning of the year, the Italian economy defied predictions and further expanded during the first half, GDP growth in June (Q2 23) posted a 1% increase Y/Y, and leading institutions have already upgraded year-end expectations (above 1%).
Raffaella Pinto • 01/08/2023
ITALIAN RE H2 YR
Insights

ITALIAN REAL ESTATE OVERVIEW H2 2022

We are aware that we can’t predict when the current headwinds will eventually subside. What we can do is read the past and look for opportunities for the next cycle. So: how was the market in 2022?
08/02/2023

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