Italy ranks seventh in Europe for the tourism sector's contribution to the national GDP, highlighting its pivotal role in the country's economy. With an estimated expenditure of 155 billion euros in 2023, tourism serves as a strategic growth engine, significantly contributing to GDP, job creation, and cultural enrichment. Recent data underscores the tourism sector's substantial multiplier effect over time, comprising 13% of the national GDP, equivalent to 255 billion euros, and generating 2.7 million jobs. In the first half of 2023, Italy witnessed a 13% increase in accommodations, driven by the expansion of year-round tourism and the diversified offerings of leading online platforms in the non-hotel sector. Extra-hotel accommodations such as B&Bs, agritourisms, tourist apartments, residences, mountain refuges, and youth hostels are experiencing growing popularity nationwide. Particularly in Italy's top five tourist cities, short-term rental accommodation availability stands at around 7%, as per ISTAT data on apartments.
This trend has spurred investors to capitalize on the tourism sector's potential by establishing new extra-hotel accommodations across Italy. In this context, TeamSystem, a leader in software solutions for the tourism sector, introduced the comprehensive guide "Managing an Extra-Hotel Accommodation Business: Your Complete Guide," offering valuable insights and regulatory guidance to entrepreneurs striving to deliver high-quality services in compliance with current regulations. TeamSystem's guide covers a wide range of key aspects for strategically managing extra-hotel accommodation businesses. It provides tools and knowledge for strategic planning, business plan development, management control, revenue management, pricing determination, customer and departmental management, inventory control, supplier relationships, and commercial management. It also offers insights into commercial management, presenting an overview of marketing strategies and tactics to promote the facility and attract customers. Company Information: TeamSystem is an Italian tech company specializing in developing digital solutions for business management for enterprises and professionals. The group guides its clients through the digital transformation process of the entire supply chain using innovative technologies, including AI, for management processes, e-commerce, marketing automation, and operates in the Fintech sector. Active both domestically and internationally, TeamSystem closed 2022 with a turnover of 695 million euros, employing over 3,000 people, serving around 2 million customers on proprietary digital and cloud platforms.
