Tourism

Alpitour, 450 million to invest in five years and route to Piazza Affari

With the new industrial plan, the group aims to achieve revenues of 3 billion in 2030

by Enrico Netti

20 February 2026

3' min read

Translated by AI

Versione italiana

3' min read

Translated by AI

Versione italiana

On the march towards 3 billion in turnover. This is the goal of Gabriele Burgio, president and managing director since 2012 of Alpitour World, Italy's leading tourism group controlled by Tip Tamburi investment partners.

Now Giovanni Tamburi, founder and CEO of Tip, says he is ready for the listing of Alpitour. "In the course of 2026 or 2027 there will be much more attention for mid caps. We have no urgency so in a span of 18 months it is very likely that we will do the operation," explains Tamburi. "I believe that Alpitour should be part of the companies with a good free float, with the offer of a share closer to 40 per cent than 20 per cent. I think of a significant share, partly with a capital increase, partly with the sale of shares'. There is one firm point in the listing project: 'As Tip we want to remain shareholders in Alpitour.

The decision matured in light of Alpitour World's growth path in the last post-pandemic years. "2025 was the best year in the history of the Group, which reached 2.3 billion euros in revenues with an Ebitda at 7%, equal to 162 million with a growth of 17.6%," points out Gabriele Burgio, CEO, with satisfaction. "Among Italians and foreigners, the customers who chose us to travel were 3.3 million. As for the objectives for the fiscal year 2026, which ends in October, the CEO anticipates. "This year we are aiming for a +10% increase in turnover according to a path towards the 3 billion forecast in the business plan. In the winter season, customers in the tour operating division grew by 11% and revenues by 8%, with summer bookings averaging +13% compared to 2025 and +24% for beach holiday packages in Italia".

Quite different values compared to 2012, the year of Burgio's arrival in the Group. In that year, turnover was 1,056 million and Ebitda at about 1%, only 11 million. By 2030, the targets are 3 billion in revenues with an Ebitda at 7%, just over 200 million with the intermediate step of 2026 of around 2.5 billion.

Most bookings for summer 2026 choose villages and resorts in Sicily, Sardinia, Calabria and Apulia, while those with a somewhat tighter budget opt for Tunisia and Egypt. "These are very important alternatives. In 2025 we brought 300,000 customers to Egypt and this year we could reach 350-360,000."

Alpitour World's business plan envisages investments of about 450 million over the next five years, about 80-90 million a year. Resources for the acquisition of new resorts and hotels as well as interventions to renovate those in the portfolio, but also spending on technological innovation. "We have acquired two new luxury hotels in 2025, and we are in negotiations for more," the CEO continues. "Ninety-five per cent of the customers of our five-star hotels are foreigners, and by the end of 2027 we should reach 15 five-star hotels, a sufficient number to create a national luxury chain. The hôtellerie division currently has 27 hotels, of which nine are five-star hotels in the VRetreats collection, with several facilities associated with international brands such as Hyatt and in the 'Small luxury hotels collecion' and 'Leading hotels of the world' circuits.

A business that is synergetic with this premium offer is the division that brings foreign tourists on holiday both in Italia and abroad. "In recent years the USA has taken the lion's share. Now we are also focusing on Canada, Brazil and Eastern European countries using Neos aircraft (the company is another division of Alpitour World ed.) to take them on holiday. It is a segment that is definitely growing and the number of foreigners we take on holiday is increasing'. An activity that generates almost 20% of revenues.

On the digital front, the company has made a strong focus on digital and Ai with a team of around 200 technicians and experts. These technologies are used to determine the prices of flights and hotel offers and help increase sales without affecting costs. With regard to the performance of the tourism sector, the president of Alpitour considers a long-term strategic vision indispensable, with infrastructural interventions and thinking of a more sophisticated clientele.