Categories: Economy

Picturesque Villages in Italy: A Major Tourist-Cultural Attraction Generating Billions in Economic Growth

These picturesque villages in Italy are a major tourist-cultural attraction, drawing in around 9 million visitors annually and contributing over 5 billion euros to the Italian economy. In 2022, over 8.8 million visitors went to these villages, resulting in approximately 21.5 million overnight stays. About 37% of visitors are international, while 32% are day visitors.

According to a Deloitte study, direct spending from tourists in these villages is estimated at 4.6 billion euros, with an additional 9 billion euros of indirect and induced spending, totaling 13.8 billion euros generated in Italy. This accounts for approximately 5 billion euros of GDP, which is 0.3% of Italian GDP.

The tourism industry supports over 90,000 employed people and has a positive impact on tax revenues at a national level, with more than 2.3 billion euros including approximately

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

Share
Published by
Samantha Reynolds

Recent Posts

Alekna Vs. Ståhl: History in the Making at the Paris 2024 Olympics

In the golden age of men’s discus throw, Mykolas Alekna is at the forefront. In…

3 mins ago

LSU Baseball Pitcher Reaches Academic Milestone, Exemplifying Program’s Commitment to Excellence

LSU pitcher Will Hellmers reached a milestone on Friday, earning his degree in general business.…

7 mins ago

Tivic Health Systems Raises $4 Million in Funding for Bioelectronic Medicine: Expanding Operations, Bringing New Products to Market

Tivic Health Systems, Inc. recently completed a successful registered public offering that raised approximately $4…

16 mins ago

Privacy Policy and Terms of Service: Your Rights and Choices on our Website

When you use or register on any part of this website, you are agreeing to…

33 mins ago

Short-Term Borrowing Puts Taxpayers at Risk as Biden Administration Releases Trillion-Dollar Deficits

During a time of full employment and peace, the Biden administration's reliance on short-term borrowing…

34 mins ago

PlanB Consulting acquired by Databarracks to strengthen Operational Resilience and Cyber Continuity consulting practice

Scotland's PlanB Consulting has recently been acquired by UK-based continuity services firm Databarracks. The acquisition,…

38 mins ago