Yesterday, many of the UK’s leading hotel investors and developers gathered together at an online seminar to find out more information about how the Italian government supports investment in the hospitality sector. Audience members were carefully invited to attend the event which was organised by the Italian Trade Agency in London as part of the Invest in Italy initiative, a series of events aimed at raising awareness of the opportunities available for investors in Italy.
The audience heard about select opportunities to develop hotels in Italy and how the Italian Trade Agency and partners Invitalia can identify and scout for locations to develop hotels at the request of investors. Several investors asked questions about the government incentives available to support investment in Italy including the Large Development Scheme which is available for tourism sector investments. Angelo Maccaferri of leading hotel developer, operator and investor, Rocco Forte Hotels, who have several 5 star hotels in Italy described how to successfully invest in the Italian hotel market. Counsellor Massimo Carnelos, head of the Italian Embassy in London’s Economic and Commercial Affairs section, provided an initial introduction which set the tone for the event and helped the audience understand the improving macroeconomic picture in Italy and the strong economic recovery plan which the Italian government has initiated.
The London Office of the Italian Trade Agency plans more select webinars for different sectors in future following the success of this one, already several conversations with potential investors in Italy have been initiated with Piers Thompson and Pietro Mori of the Italian Trade Agency London office.
The Invest in Italy program is the result of a joint effort between the Italian Trade Agency and Invitalia, possible thanks to the cooperation of the Italian Ministry of Foreign Affairs and the Italian Ministry of Economic Development.
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