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Italian holiday farm revenue to fall this summer
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10:53, July 28, 2007

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Italian farm holiday revenue is expected to fall by 6 percent this summer, the ANSA news agency reported on Friday.

Agriturist, the holiday agency for Italian farm owners' union Confagricoltura, said the drop in earnings was due to the growing number of farms accepting guests and rising management costs.

The number of farm tourists continues to rise steadily by an average of 2 percent a year, but the number of holiday farms is up 5 percent this year, which is driving prices downward, Agriturist said.

Some 700 million euros may be generated in revenue from food and lodging as 1.85 million tourists are expected to spend their holidays in farms this summer, the agency said.

In July, the regions of Tuscany, Sicily, Lombardy and Sardinia saw the greatest influx of farm tourists, it added.

Source: Xinhua



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