They are just fed up
Frustrated Italian hoteliers at Federalberghi's annual convention
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No tolerance for TripAdvisor Italy
Rome. Just three days before Christmas the Italian Cartel Office adopted a measure penalizing TripAdvisor LLC and TripAdvisor Ital Srl to pay 500,000 euros for the publication "of deceptive information regarding the sources of reviews".
Twisted tongue
Paris/Rome. Is this a remake of David and Goliath? Are European hoteliers really winning against the giant Booking.com? Well, it’s discussable. While many welcome the news with satisfaction, experts keep on warning about the power Booking.com will still have over hoteliers. Many are not fooled by this settlement. For them, Booking will certainly penalize hotels giving other online agencies better prices and at the end hoteliers will have to side Booking again in order to maintain a decent RevPar. The cartel offices of France, Italy and Sweden with their decision different to the German cartel office some weeks ago got the ball rolling again. The background and details about the special agreement for Booking.com.
Tax credits for hotel renovation
Rome. After months of debates, the Italian Parliament has finally approved the culture and tourism decree. Following the reading of the decree in both Houses, the new law confirms the fiscal concessions included in the decree's first draft that are devoted to donations to art infrastructures and activities, as well as to investments in the tourism industry.
Italy: Big merger expected
Florence. The UNA Hotels & Resorts affair is finally at its turning point. After a long waiting period, Fenice Holding decided to conduct exclusive negotiations with Unipol Gruppo Finanziario SpA in order to finalize a merger between the Florentine hospitality company UNA and Atahotels.
Italian injection
Milan. Rocco Forte Hotels recently announced a strategic partnership with Milan-based Fondo Strategico Italiano Spa. The Italian sovereign fund is investing about 76 million euros in the UK-based hotel group and is taking a 23-percent stake in the hotel group in exchange. The hotel association Confindustria Alberghi is surprised to see Italian money flowing into a UK company but Rocco Forte Hotels stresses its will to expand in Italy – but not only there. The first city names in the US and Asia are popping up in Rocco Forte's business plan.