Un’Economia Sommersa<br />Investigating the Impact of High Tides and Floods of Tourists on the Formal and the Informal Sec...
Retail and Restaurants<br />Increase in restaurants and bars<br />Decrease in number of traditional retail stores<br />
Corporately Owned Businesses<br />
Validating and integrating information about Venice’s retail sector<br />Validate Information<br />
Validating and integrating information about Venice’s retail sector<br />Validate Information<br />
Investigating the current retail sector of Venice<br /><ul><li> Location
 Status (Open or Closed)
 Name
 Number of Employees
 Depth
 Merchandise</li></li></ul><li>Investigating the current hotel sector<br /><ul><li>Location
 Status (Open or Closed)
 Name
 Number of Employees</li></li></ul><li>Investigating the current restaurant sector<br /><ul><li> Location
 Status (Open or Closed)
 Name
 Number of Employees
 Seats Inside
 Seats Outside</li></li></ul><li>Field Form<br />
Documenting Venice’s <br />informal economy<br />
Informal Activities in Venice<br />Illegal activities in Canneregio<br />
Documenting the Informal Activities<br />Locations<br />Typology<br />Merchandise information<br />Time of day <br />
Documenting the Informal Activities<br /><ul><li> Picasa
 Map Info</li></li></ul><li>Observations Thus Far<br />Flower sellers mainly come out at night<br /> Beggars come out mid-...
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />
Estimating the Value Informal Activities<br />Average price per item x Amount of items stocked = Potential amount of money...
Estimating the Effects of Tourism on the Local Economy<br />
Identifying Tourists<br /><ul><li> Casual Wear
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Un’Economia Sommersa Presentation Final

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  • Formal economy divided into 4 main categories
  • Between 1990 and 2000:The number of traditional retail stores decreased by one hundred stores, from 675 to 575Seventy-five percent of the stores that closed carried basic foods such as vegetables, bread, and meatThe number of restaurants increased by 110 and bars by 7765
  • Banks or department stores are abandoning Venice’s historic center in turn leaving behind buildings too large for smaller businesses. The large void left behind can only be filled with stores catering to tourists. Highest bidder, usually corporations - trends toward large-scale development. Selling off bits of their city
  • This is the information we have. We will verify and compile a new database. Verify: check with available city records – it might be difficult to get this information. We will also verify the accuracy of personal accounts, we will ask the store in question. After we have done this we can move on to surveying the retail sector to find the missing pieces and update the information with the current status
  • This is the information we have. We will verify and compile a new database. Verify: check with available city records – it might be difficult to get this information. We will also verify the accuracy of personal accounts, we will ask the store in question. After we have done this we can move on to surveying the retail sector to find the missing pieces and update the information with the current status
  • addresses in Venice are assigned by sestierewe will only document stores that are visible on the street level. For each store we will document the location, type of store, customers it caters to, approximate size, opening and closing dates, ownership (Venetian or not)Get this information :Customers – observe people going in and out of store, what they sellClosing dates & ownership - talk to store managers and residents
  • Information we will gather for each hotel: owner (venetian or not), location, number of beds, pricingHow will we gather it: speak to owners and residents to find out owner, location, and number of beds using the alberghi database to find out number of bedsand the internet for pircing on hotels that have a website (most do today)
  • Menus: English or Italian?
  • Deciding whether I should take all of Fabio’s Hotel Proliferation Slides
  • Un’Economia Sommersa Presentation Final

    1. 1. Un’Economia Sommersa<br />Investigating the Impact of High Tides and Floods of Tourists on the Formal and the Informal Sectors of the Venetian Economy<br />Worcester Polytechnic Institute<br />Advisors: Fabio Carrera Daniel Gibson<br />Authors: Chelsey Anderson<br /> Rhiannon Chiacchiaro <br /> Shanna Infantino<br /> Yoshitaka Shiotsu<br />
    2. 2.
    3. 3.
    4. 4.
    5. 5. Retail and Restaurants<br />Increase in restaurants and bars<br />Decrease in number of traditional retail stores<br />
    6. 6. Corporately Owned Businesses<br />
    7. 7. Validating and integrating information about Venice’s retail sector<br />Validate Information<br />
    8. 8. Validating and integrating information about Venice’s retail sector<br />Validate Information<br />
    9. 9. Investigating the current retail sector of Venice<br /><ul><li> Location
    10. 10. Status (Open or Closed)
    11. 11. Name
    12. 12. Number of Employees
    13. 13. Depth
    14. 14. Merchandise</li></li></ul><li>Investigating the current hotel sector<br /><ul><li>Location
    15. 15. Status (Open or Closed)
    16. 16. Name
    17. 17. Number of Employees</li></li></ul><li>Investigating the current restaurant sector<br /><ul><li> Location
    18. 18. Status (Open or Closed)
    19. 19. Name
    20. 20. Number of Employees
    21. 21. Seats Inside
    22. 22. Seats Outside</li></li></ul><li>Field Form<br />
    23. 23. Documenting Venice’s <br />informal economy<br />
    24. 24. Informal Activities in Venice<br />Illegal activities in Canneregio<br />
    25. 25. Documenting the Informal Activities<br />Locations<br />Typology<br />Merchandise information<br />Time of day <br />
    26. 26. Documenting the Informal Activities<br /><ul><li> Picasa
    27. 27. Map Info</li></li></ul><li>Observations Thus Far<br />Flower sellers mainly come out at night<br /> Beggars come out mid-morning to mid-afternoon<br />Bag peddlers mainly come out mid-morning/early afternoon and stay out until around sundown<br />
    28. 28. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    29. 29. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    30. 30. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    31. 31. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    32. 32. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    33. 33. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    34. 34. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    35. 35. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    36. 36. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />Locations of Informal Activities<br />
    37. 37. Flower sellers<br />Bag Peddlers<br />Beggars<br />Other vendors<br />
    38. 38. Estimating the Value Informal Activities<br />Average price per item x Amount of items stocked = Potential amount of money seller can earn<br />Average price per item x Amount of items sold= Amount of money seller earns<br />
    39. 39. Estimating the Effects of Tourism on the Local Economy<br />
    40. 40. Identifying Tourists<br /><ul><li> Casual Wear
    41. 41. Flip flops
    42. 42. Sneakers
    43. 43. Dazed
    44. 44. Slow Moving
    45. 45. Language
    46. 46. Cameras
    47. 47. Maps
    48. 48. Baggage</li></li></ul><li>Estimating Effects of Tourism on the Restaurant and Retail Sectors <br />
    49. 49. Estimating the Effects of Tourism on the Hotel Sector<br />
    50. 50. Evolution of Alberghi<br />
    51. 51. Estimating the Effects of Tourism on the Hotel Sector<br />Aggregate Hotel Profits = ∑ Number Rooms Available × Average Pricing<br />Average Max Hotel Profits = Aggregate Hotel Profits / Number of Hotels<br />Hotel Industry Income = Average Occupancy Rate × Average Max Hotel Profits <br />Hotel Euros Exiting City = % Foreign Hotels × Hotel Industry Income<br />
    52. 52. Effects of Flooding: Adding up to big trouble<br />Forced Store Closings<br />Structural Damage<br />+<br />=<br />Financial Trouble<br />
    53. 53. Financial Trouble<br /><ul><li> Loss of property
    54. 54. Loss of architectural value
    55. 55. Clean up costs
    56. 56. Repair costs</li></ul>Structural Damage<br />Forced Store Closings<br /><ul><li> Loss of customers/store income
    57. 57. Loss of employee work hours
    58. 58. Unsellable merchandise</li></li></ul><li>Assessing the economic impact of floods: Structural Damage<br />
    59. 59. Assessing the economic impact of floods: <br />Forced Store Closings<br />
    60. 60. OurDatabase<br />
    61. 61. Questions or Comments?<br />

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