Business tourists from Italy spent roughly 13 billion U.S. dollars in 2020, which amounted to a 62 percent reduction in expenses compared to the previous year. The coronavirus (COVID-19) pandemic and related travel restrictions can be attributed to for the dramatic drop in business travel spending in 2020. The business tourism segment is forecast to recover by 2024.
Expenditure of business tourists from Italy from 2010 to 2020, with forecast until 2025
(in billion U.S. dollars)
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GBTA, & Revista Travel Manager. (November 10, 2021). Expenditure of business tourists from Italy from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/277895/business-travel-spending-italy/
GBTA, und Revista Travel Manager. "Expenditure of business tourists from Italy from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars)." Chart. November 10, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/277895/business-travel-spending-italy/
GBTA, Revista Travel Manager. (2021). Expenditure of business tourists from Italy from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/277895/business-travel-spending-italy/
GBTA, and Revista Travel Manager. "Expenditure of Business Tourists from Italy from 2010 to 2020, with Forecast until 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Nov 2021, https://www.statista.com/statistics/277895/business-travel-spending-italy/
GBTA & Revista Travel Manager, Expenditure of business tourists from Italy from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/277895/business-travel-spending-italy/ (last visited November 21, 2024)
Expenditure of business tourists from Italy from 2010 to 2020, with forecast until 2025 (in billion U.S. dollars) [Graph], GBTA, & Revista Travel Manager, November 10, 2021. [Online]. Available: https://www.statista.com/statistics/277895/business-travel-spending-italy/