1. Un’Economia Sommersa Investigating the Impact of High Tides and Floods of Tourists on the Formal and the Informal Sectors of the Venetian Economy Worcester Polytechnic Institute Advisors: Fabio Carrera Daniel Gibson Authors: Chelsey Anderson Rhiannon Chiacchiaro Shanna Infantino Yoshitaka Shiotsu
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5. Retail and Restaurants Increase in restaurants and bars Decrease in number of traditional retail stores
38. Estimating the Value Informal Activities Average price per item x Amount of items stocked = Potential amount of money seller can earn Average price per item x Amount of items sold= Amount of money seller earns
51. Estimating the Effects of Tourism on the Hotel Sector Aggregate Hotel Profits = ∑ Number Rooms Available × Average Pricing Average Max Hotel Profits = Aggregate Hotel Profits / Number of Hotels Hotel Industry Income = Average Occupancy Rate × Average Max Hotel Profits Hotel Euros Exiting City = % Foreign Hotels × Hotel Industry Income
52. Effects of Flooding: Adding up to big trouble Forced Store Closings Structural Damage + = Financial Trouble
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
