The hotel furnishing market - Italy (2023)

1.1 Definition and scope of the study

The layout of a hotel is essential in the hospitality business to attract guests, keep them happy and keep them coming back. Therefore, the furniture of these facilities should be reviewed annually and updated every 3 to 4 years. In addition, it should be refurbished and renovated every 10 years at most. The global hospitality furniture market exceeded $545.78 billion in 2020.

Italian design companies compete for the most prestigious contracts. In particular, the luxury hotel sector is the most promising for Italian design, especially in markets such as Asia and Africa, where private clientele love the style of Italian products, which capture the high end of the market. What is most appreciated in Italian design is the added value of craftsmanship that makes furniture and furnishings very beautiful items. The quality of the raw materials used, the skill of the artisans, and the innate sense of aesthetics that distinguish the production of Italy, make Italian style the most beloved all over the world and suitable for any context, thanks also to a constant push toward innovation and creativity.

The Covid-19 crisis has also changed the way hotels are perceived. In the future, the hotel space is expected to be rethought. In particular, as international tourist life and demand enters the "new normal" and we emerge from the intensity of the COVID-19 pandemic, consumer preferences will change.