Saturday, 13 March 2010

Calabrian Property to Benefit from Changing Trends

Calabrian property is set to benefit from increasing tourism levels in 2010. According to a new survey on tourism by Eurobarometer, only 20% of over 30,000 randomly selected EU citizens are planning not to travel this year, compared to 31% last year. The survey also found that some 57% of those intending to travel will be sticking to Europe’s established tourist destinations.

Specifically the survey found that Italy was the third most popular destination with 9.2% of those who have chosen a destination planning to travel to Italy. 17% of respondents have not yet chosen a destination.

Of further benefit to Calabrian property owners, and its investment potential was the fact that the survey also found that the number of people arranging their own holidays increased again in 2009, to 58%.

In Calabria, privately let properties make up for a large proportion of tourist accommodation stocks. Needless to say the popularity of Italy as a tourist destination, coupled with the rising number of people putting together their own holiday packages, is going to generate substantial exposure and revenues for Calabrian rental properties in the coming months and years.

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