COVID19 Impact: Lack Of Foreign Tourists Cost Italy $3.5 Billion

Rome: A lack of foreign tourists in Italy this month has cost the country more than 3 billion euros ($3.5 billion) in lost revenue in the hospitality, food, transportation, entertainment and retail sectors, according to a report. The report released on Sunday by the National Confederation of Farmers (Coldiretti) said that in July 2019, “over […]

italy

Rome: A lack of foreign tourists in Italy this month has cost the country more than 3 billion euros ($3.5 billion) in lost revenue in the hospitality, food, transportation, entertainment and retail sectors, according to a report.

The report released on Sunday by the National Confederation of Farmers (Coldiretti) said that in July 2019, "over 8 million foreign citizens stayed overnight in Italy" but that in July 2020 "they were effectively zeroed out due to the spread of the coronavirus", reports Xinhua news agency.