Expedia Group Inc (EXPE)

[BottomBounce]

➡️ Italy is estimated to be losing between €4 billion and €7 billion annually in tourism revenue compared to its pre-pandemic peak.
This shortfall is driven by:

fewer long-haul visitors from Asia

slower recovery in business and conference travel

reduced spending per visitor in major cities

higher travel and accommodation costs

uneven recovery across regions (Rome and Milan are strong; parts of the south lag behind)

Italy still attracts massive numbers of tourists, but the highest-spending segments haven’t fully returned. $EXPE