In the hotel world, regardless of the hotel classification or brand collection, a €1,000 average daily rate has always been considered the true threshold of luxury. It is a veritable empyrean of ultra-exclusive properties, the prerogative of the privileged few, the result of a rare combination of top destinations, prestigious…

Italy continues to be a perennial favorite for summer holidays with European travellers. In fact, it comes second as the most popular European holiday choice, after Portugal and before Spain, in a recent survey from the Jetcost search engine.Rome Rome tops the poll as the first choice of destination city…

It's resort time. Following years during which institutional investors shied away from properties considered excessively volatile and complex for their excessive dependence on seasonality, capital is now eagerly eyeing leisure properties in Italy. To tell the truth, the phenomenon has been gaining traction for some time but Giampiero Schiavo, citing…

Rome is currently sweltering in near 104F temperatures, while Greece soared to an unprecedented 109F last month. At Easter Catalonia had to ration water for a record-breaking drought, and Sicilians are still shaking their heads at the sizzing 119F temperatures that hit them three summers ago. Yes, the Mediterranean has…

Once again, for the sixth time in the last seven years, Rome’s Fiumicino airport has excelled in Aci Europe's ranking of Europe's best airports with over 40 million passengers. It also won the Digital Transformation Award for its commitment to digitization and the promotion of innovation, offering an airport experience…

The European hotel investment market is set to go on growing. According to Cbre's latest European Hotel Investor Intentions Survey, 70% of investors plan to increase their asset allocation in the sector, driving capital confidence in hotel assets. The good performance from hotels, together with the continuing expansion of the…

Riots in Venice? Well, perhaps protests is a better word because, when angry local residents took to the streets recently, clashing with law enforcement officers, they waved placards protesting: “Venice is not for sale, it must be protected” and “No tickets, dismantle the ticket barriers.” The problem, Venetians say, is…