Italian cities with the highest occupancy rate in four-star hotels 2023
According to a 2023 study, Rome was the Italian city with the highest average occupancy rate in four-star hotels that year, with an average occupancy rate of 76.8 percent. Meanwhile, Venice was the most expensive Italian city based on the average price of four-star hotels as of December 2023. The occupancy rate is a key metric used in the hotel industry. It is calculated by dividing the number of occupied rooms by the number of available rooms in a specific period and multiplying by 100 to obtain a percentage.