February 5, 2025
HVS Hotel Market Report & Florence, Italy & By Lorenzo Gullotta, Giammarco Pignocchi and Ezio Poinelli

This article examines Florence’s tourism industry resilience amidst crises, including the COVID&19 pandemic, analyzing key performance indicators such as airport statistics, hotel supply, and operating performance. Despite setbacks, Florence witnessed a remarkable recovery, notably in 2023, with record&breaking Revenue Per Available Room (RevPAR). The analysis also highlights investment trends and future challenges…
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