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Italian tourist industry to end 2014 in the red

'Pure stagnation' over summer says Federalberghi

Redazione Ansa

(ANSA) - Rome, October 9 - The Italian domestic tourist industry has struggled this year and will end 2014 in the red, the association of hotel proprietors Federalberghi said Thursday.
    "The results have been strongly below expectations in the first nine months of 2014," said Federalberghi chief Bernabò Bocca. A sharp drop in stays and a fall in prices means 2014 "will close badly in the red," he said.
    Even the four summer months, which usually buoy figures, "resulted in pure stagnation," he said.
   

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