13% drop in Christmas hotel bookings

10% fall in business in 2012, 50,000 jobs lost

13% drop in Christmas hotel bookings

Rome, December 21 - Holiday bookings in Italy are down 13% this festive week compared to last Christmas, Federalberghi said Friday. Some 12.4 million Italians will spend Christmas and the New Year in a hotel this year, the hotel organisation said. "It's the peak of a crisis we hope may have hit its height," Federalberghi said. Hotels saw a 10% drop in business this year and had to shed 50,000 workers, the organisation said after "one of the toughest years in the modern history of our country". Taxes had risen "to the verge of the tolerable limit," it said. photo: Courmayeur

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