Automatic

💸 Global luxury market value is projected at €1.44 trillion in 2025, with personal luxury goods reaching €358 billion. The Altagamma report, presented in Milan, highlights a 5% organic growth forecast for 2026. North America leads with 4.5% growth, while China anticipates a 4% luxury consumption rise. Europe's growth is modest at 3.5%. The 12% year-on-year growth in travel and tourism continues driving luxury. The Middle East foresees a 6% increase, with Abu Dhabi emerging as a key player.

🗺️ Piemonte recorded a 5% increase in arrivals and 7% in stays during the first nine months of 2025 compared to 2024. International tourists, making up over 55% of stays, increased by 6% in arrivals and 7% in stays. The Nitto ATP Finals 2025 in Torino boosted accommodation occupancy to 81.8% during finals weekend. For the 2025/2026 holidays, accommodation saturation is projected at 32.8%, up from 20.5% last year.

🏔 Ministero del Turismo, under Daniela Santanchè, has launched a new funding initiative to support mountain tourism in Italy, aiming for sustainable development and innovation. Funds are redirected, not cut, towards worker accommodations, energy requalification, and industry contracts, promoting diversification and sustainability. This effort aims to transform Italian mountains into year-round tourist destinations, with a commitment from the Ministry to continue supporting and renewing the sector. The focus is on modernizing ski lifts and artificial snow systems.