The Airbnb Redemption: The Business of Repopulating Ancient Towns in Italy
Italy is currently facing its worst demographic crisis since World War I. The most remote areas, including islands and regions near the Apennine Mountains, are particularly affected by "brain drains" and significant declines in birth rates. These areas have essentially become ghost towns, inhabited mainly by the elderly, and represent forms of human settlement that are nearing extinction.
To combat this phenomenon, various entrepreneurs, policies, and communities are promoting these spaces through place-branding strategies aimed at attracting a specific type of migrant: the digital nomad. These are urban workers from high-income, high-output jobs seeking a place to breathe.
Through the lens of a successful partnership between Airbnb and a group of architects in Grottole, Italy, this paper explores the entrepreneurial initiative to revitalize the streets of these quasi-abandoned villages from a sustainability perspective.