Tag #Tourism Economics

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Rome's 2025 Jubilee: Initial Economic Impact Falls Short of Expectations

Despite initial projections of significant economic growth in Rome due to the 2025 Jubilee, January 2025 saw a 60-75% decrease in vacation rental bookings, due to pilgrims' budget choices and tourists delaying visits to avoid crowds; this casts doubt on the estimated €4-4.5 billion revenue.

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