Revenue change in the tourism industry due to COVID-19 in Italy 2020-2022, by sector
The study also predicted the revenue change for 2022 by analyzing two different scenarios. The baseline scenario considered a gradual recovery during the second half of 2022, meanwhile, the worst-case scenario accounted for a slower recovery. In the worst case scenario, revenue in the hotel sector was predicted to fall by 28 percent in 2022 when compared to 2019.