Tourism, the market is soaring, but the default rate of SMEs remains high
According to the Crif Observatory, the increase in the riskiness of companies in the sector is slightly decreasing (to 4.5%), but well above the national average (3.3%).
Italy's tourism industry is experiencing robust growth, with a 7.5% increase in spending by tourists this summer, driven by 43.3 million arrivals and 188.8 million overnight stays. However, despite this growth, the sector remains fragile in terms of credit and commercial risk, with a default rate of 4.5% as of the end of 2025, higher than the national average of 3.3%.
According to a study by Crif, the industry's fragility is due to its structure, with many small businesses, particularly in the South of Italy and the Islands. Crif expects the default rate for tourism companies to remain higher than average, but slightly improving, with a forecast of 4% in 2027.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
