Revenue change in the tourism industry due to COVID-19 in Italy 2020-2022, by sector

Estimated change in revenue of the tourism industry due to the coronavirus (COVID-19) pandemic in Italy in 2020, with a forecast for 2022, by sector

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Release date

March 2021

Region

Italy

Survey time period

2020

Special properties

change in revenue compared to 2019

Supplementary notes

*Baseline scenario: herd immunity is reached in autumn; restrictions are gradually loosened; recovery funds are efficiently implemented; economy starts to bounce back in the second half of 2021; GDP and revenues recover although at lower level than 2019.

**Worst-case scenario: vaccination campaigns are delayed; travel and tourism restrictions are still applied; there are delays in implementing recovery funds; economy recovers at a slow pace; GDP and revenues are at significantly lower levels than 2019.

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