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Summer tourism brightens eurozone economy but cost of living crisis casts shadow

Summer tourism brightens eurozone economy but cost of living crisis casts shadow

Perched on a cliff on the Amalfi Coast, overlooking the azure waters of the Mediterranean, the Hotel San Pietro Positano is having its best year as pandemic-weary travellers, especially Americans, flock to Italy.

The hotel, charging an average rate of €1,800 per night for a room this summer, noticed a pick-up in April and is fully booked until mid-October. “For two years, nobody was able to come,” co-owner Vito Cinque said. “Now…


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