Italy: Hotels to attract half of real estate investments

Milan. Hospitality investors, and especially those with international capital, are still focused on Italy's so-called "Big 4" destinations Milan, Rome, Venice and Florence. Nonetheless, core investments are growing, while even small properties under 100 rooms are under their magnifying glass now. All in all, the asset class hotel has become more appealing: Ten years ago, hotels counted for about 6% of the overall investment in Italian real estate, now it's 15%. Italy's hotel image continues to be positive.