Investing in Tourism in Italy with InvestItaly.com
An additional sector offering good investment prospects in Italy is hospitality and tourism. Italy has become recently a major tourist destination, not only for travelers from other European countries and North America, but more and more from Asia as well, including Japan and China. Growing numbers of visitors from Eastern Europe as well as Russia are also taking a trip to Italy.
Whereas numerous of travelers keep on visiting the art centers and core cities like Rome, Venice and Florence, there are growing numbers of tourists that have become specialists in lesser well known itineraries, like little hill towns in the "Cinque Terre" (five sea communities) in Liguria or southern Tuscany.
Not only are the foreign tourists expected to keep on making Italy their holiday destination, the Italians themselves enjoy visiting their gorgeous country as well. The appreciation of the Euro has made tourism in Italy much more expensive for people from abroad. However, the facilities and attractive tourist attractions have allowed the tourism sector to preserve its leading status. Investing in Italian assets that can be switched into touristic facilities has gained great favor, especially if the owner uses part of it for residence. The development of 'agri-tourism' facilities in Umbria and Tuscany is very impressive, and the stunning refurbished stone houses offer constantly hospitality to foreigners and Italians alike.
Learn about Investing in Restaurants in Italy Using InvestItaly.com
Investment in restaurants remains stable in Italy. The Italian restaurant sector is of great economic importance. The Italian culinary traditions continue to be valued by all: Italians as well as visitors. Recent surveys show that food and beverages are being factors of importance to 70% of the Swedish tourists, to 58% of the American tourists, to 31% of the Chinese tourists and to 28% of the Russian tourists. Clearly for the Italians the equivalent percentage is probably around 95-98%. In these conditions, the restaurant business is definitely a profitable investment both in the short and in the long run (although demanding when it comes to management).
The investment opportunities in restaurant businesses are numerous in Italy. Due to the fact that the numbers of restaurant licenses are limited, the best way is to buy a business that is already operated. Although, one should take into consideration that reputable restaurants will cost relatively more.
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