While Italy’s hotel sector slowly begins to reopen, it is clear that international hotel chains are being hit harder than independent, family-run or budget hotels, according to Francesco Calia, senior director and head of hotels Italy at CBRE.
While Italy’s hotel sector slowly begins to reopen, it is clear that international hotel chains are being hit harder than independent, family-run or budget hotels, according to Francesco Calia, senior director and head of hotels Italy at CBRE.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.