Key takeaways
- Lombardy counted 56,714,373 tourist nights in 2025, according to the Regione Lombardia observatory's Rapporto sul Turismo (July 2026); Eurostat's figure for the same year is 56,693,078.
- ISTAT's most recent regional figure, 45,130,529 nights for 2024, excludes non-business private rentals, so much of the 25.6% jump to 2025 on Eurostat's table is a change of coverage.
- The Region reports +7% in arrivals and nights for 2025; it does not say whether its 2024 base had the same coverage, so the share of the 11.6 million gap due to counting cannot be fixed precisely.
- The province of Milan logged 22,844,935 nights in 2025 on Eurostat's count, 40.3% of Lombardy, and crosses the same break; no 2025 total for the city of Milan has been published.
- The Region's report says nights in Lombardy rose 15.2% between 6 and 22 February 2026 against the same days of 2025, but it names no dataset, accommodation scope or absolute figure.
- The Bank of Italy estimates that 178,000 foreign overnight travelers who came mainly for the Games were in Lombardy, with 827,000 nights and EUR 243 million of spending (staff note, 28 August 2026).
- Over the whole of February 2026, Lombardy's foreign overnight travelers rose 4.2%, their nights 4.5% and their spending 11.9% on the Bank of Italy's survey, which makes no estimate of displacement.
- Milan's arrivals depend on the system: 9,068,728 for the city in 2024 on police returns (Comune di Milano via Il Giorno) against 8.2 million for the whole province on ISTAT's count (via Assolombarda).
Lombardy counted 56,714,373 tourist nights in 2025, according to the Rapporto sul Turismo published in July 2026 by the Region's tourism observatory. ISTAT's most recent regional table, for 2024, put Lombardy at 45,130,529. Eurostat publishes both numbers in a single series, one after the other, which makes 2025 look like a jump of 25.6%. Much of that jump is a change in what is counted.
From 2025 the national accommodation statistics include private rentals let in a non-business form for the first time. ISTAT's 2024 figure for Lombardy excludes them, and the 2025 figures include the rentals that hold a national CIN code and sent in their guest data. The observatory's own year-on-year comparison is +7% for both arrivals and nights. It prints no 2024 total and does not say whether its 2024 base had the same coverage as its 2025 count. If it did, working back from the rounded rate gives about 53.0 million nights for 2024. On that assumption roughly 7.9 million of the 11.6 million gap would be counting and 3.7 million growth. That split is our arithmetic and only illustrative. The register of establishments grew 20.1% in the same year, so some of the reported growth may itself be newly counted units.
The gap matters more in 2026, the year Milan co-hosted the Winter Olympics. The Region's report says nights in Lombardy rose 15.2% between 6 and 22 February 2026, against the same days of 2025, and names no data source, scope or absolute figure. The one survey that measured visitors during the Games, the Bank of Italy's, counted foreign overnight travelers only. It found Lombardy's foreign nights up 4.5% over the whole of February. Nobody has published a count of Italian visitors or day-trippers, or an estimate of what the Games added once displaced trips are netted out.
Four counts of Lombardy's nights, and what each includes
The Region's figure comes from the observatory's annual Rapporto sul Turismo, released in July 2026 and built on the regional guest-movement returns that accommodation operators file. It counts 56,714,373 nights in 2025. Of these, 29,929,829 were in hotels and 26,784,544 in other accommodation, which covers campsites, B&Bs, holiday homes and the CIN-holding rentals that reported. Arrivals were over 22.3 million, the report says, without giving an exact total, and the average stay was 2.54 nights. The report counts as a tourist anyone who spent at least one night, so day visitors are outside it.
Eurostat's regional table for Lombardy, updated on 20 October 2026, shows 56,693,078 nights for 2025. That is 21,295 fewer than the Region's figure, a difference of 0.04%, and neither publisher explains it. For 2024 the same Eurostat table shows 45,130,529, identical to ISTAT's Statistica Today release of 9 March 2026. ISTAT's release states that non-business private rentals are not included in its extra-hotel accommodation. It also put Lombardy at 9.7% of Italy's 466.2 million nights that year.
The Region publishes a fourth number. Its report adds a modelled estimate for CIN-holding units that sent no data in 2025 or sent data the observatory judged anomalous. With that estimate included, Lombardy reaches 61,764,280 nights, 8.9% above the official count. The estimate fills reporting gaps among registered units. It is a model output, and the official regional figure remains 56,714,373.
| Count and publisher | Year | Area | Non-business private rentals | Nights |
|---|---|---|---|---|
| ISTAT, Statistica Today Turismo 2024 (9 Mar 2026) | 2024 | Lombardy | Excluded | 45,130,529 |
| Eurostat tour_occ_nin2 (updated 20 Oct 2026) | 2024 | Lombardy | Excluded | 45,130,529 |
| Regione Lombardia, illustrative 2024 base (2025 count ÷ 1.07; assumes same coverage, not stated by the Region) | 2024 | Lombardy | Not stated | 53,000,000 |
| Regione Lombardia observatory, Rapporto sul Turismo (Jul 2026), official | 2025 | Lombardy | Included where CIN-holding units reported | 56,714,373 |
| Eurostat tour_occ_nin2 (updated 20 Oct 2026) | 2025 | Lombardy | Included (first year) | 56,693,078 |
| Regione Lombardia, official count plus modelled estimate for non-reporting CIN units | 2025 | Lombardy | Included, plus estimate | 61,764,280 |
| Eurostat tour_occ_nin3 (updated 20 Oct 2026) | 2024 | Province of Milan (Città metropolitana) | Excluded | 18,011,675 |
| Eurostat tour_occ_nin3 (updated 20 Oct 2026) | 2025 | Province of Milan (Città metropolitana) | Included (first year) | 22,844,935 |
| ISTAT, Statistica Today Turismo 2024 (9 Mar 2026) | 2024 | City of Milan (Comune) | Excluded | 14,054,184 |
The national picture has the same break. ISTAT's data story of 17 July 2026 says Italy's 2025 total passes 535 million nights with non-business rentals included and comes to 481 million without them. Eurostat has not restated Italy's 2024 figure on the new basis. ISTAT has not published a regional split of the rentals effect, so the share of Lombardy's jump that comes from rentals alone cannot be read from any table. ISTAT's 2024 release gives one outer marker. It puts provisional 2024 nights in non-business private rentals at 10,560,341 for the whole North-West, which covers Piedmont, Valle d'Aosta, Liguria and Lombardy, with data from 92 of Italy's 107 provinces. A counting effect of 7.9 million would place about three-quarters of that area's rental nights in Lombardy, which is possible but not shown by any table. Our regional ranking by nights per resident on both bases shows how the same break moves other regions.
How much Lombardy grew in 2025
The Region's reported growth is +7%, for arrivals and nights alike. The report gives the change and the 2025 level, and says nothing about the coverage of its 2024 base. Within that total, nights in non-hotel accommodation grew 13.8% and foreign guests' nights grew 8.9%, an increase of over 3 million. The register of accommodation grew faster than the guests did. It went from 60,807 establishments to 73,008, a rise of 20.1%. Of the 73,008, 2,808 are hotels and 70,200 are other types. Other accommodation holds most of the beds, 451,509 against 202,114 in hotels, yet hotels took 52.8% of the region's nights in 2025. Non-hotel accommodation took the other 47.2%. Its faster growth mixes new supply with units that are newly counted, and the report does not separate the two.
Foreign guests dominate. They took 68% of Lombardy's nights in 2025, according to the Region, and Il Giorno's report of the release on 14 July 2026 gives 68.07% of nights and 63.32% of arrivals. Eurostat's own 2025 split gives 38,590,753 foreign nights out of 56,693,078, which is 68.07%, so the two agree. Eurostat's foreign nights rose 31.9% on its 2024 figure. That rise is mostly the same break.
On Eurostat's 2025 count Lombardy holds 10.6% of Italy's 535,463,245 nights, against 9.7% in 2024 on ISTAT's count. Some of that rise in share is the new coverage, because rentals were added everywhere at once and in different proportions. Lombardy ranks fourth among the regions by total nights on Eurostat's 2025 table, after Veneto with 74,157,131, Lazio with 61,532,691 and Trentino-Alto Adige with 60,908,448 for its two provinces combined. Tuscany is 1.2 million nights behind Lombardy at 55,475,875. On ISTAT's 2024 count it was fifth.
The early 2026 figures point upward too. The Region's report says nights in the first five months of 2026 reached 21.2 million, against 19.5 million in the same months of 2025, a rise of 8.7%. The sentence gives no source, and it sits in a section that cites ISTAT's first-quarter release. ISTAT's first-quarter 2026 release itself gives national totals only, with no regional breakdown.
Milan's arrivals: two systems, two answers
Arrivals are counted in two different systems, and the totals point in opposite directions. Assolombarda's Osservatorio Turismo, published in November 2025, gives 8.2 million arrivals in the Città metropolitana of Milan in 2024, citing ISTAT. That is 5.9% of Italy's arrivals and up 8.3% on 2023. Foreign guests made up 64.8% of them. The same study estimated 8.7 to 8.8 million arrivals for 2025, by applying to the ISTAT base the 6.6% growth from January to October 2025 recorded by the Milan police headquarters. Assolombarda describes those police data as capturing arrivals in private tourist rentals precisely. It is an estimate made before the year ended.
The city's own monthly series uses the police registration returns that every accommodation operator files for each guest. Il Giorno reported on 29 April 2025, from a Comune di Milano report on those returns, that the city of Milan alone had 9,068,728 arrivals in 2024. That is more for the city than ISTAT records for the whole province. One possible explanation is our own inference. Operators of private short lets are required to file the same police returns as hotels, while ISTAT's 2024 figures leave non-business rentals out. No publisher has reconciled the two series. In the same series, city arrivals fell 0.7% in February 2025 and 0.5% in March 2025, after about two years of continuous growth, Il Giorno reported.
Neither series counts people. A guest who moves between two hotels is counted twice, and a day visitor is not counted at all. The figure of about 10 million tourists a year, used by Milan's tourism councillor Martina Riva in Il Giorno on 13 February 2026, carries no year and no definition. It sits closest to the city's police-return series. Assolombarda also reports hotel room occupancy in Milan of about 70% in 2024, unchanged on 2023, and 72% from January to July 2025, citing ISTAT and Confindustria Alberghi. We found no occupancy series for the Games themselves. Readers choosing a base in the city can compare districts in our guide to where to stay in Milan.
The Region's +15.2% for the Olympic window
The Region's report states the Olympic figure twice, on pages 46 and 51. Between 6 and 22 February 2026, it says, nights in Lombardy rose 15.2% compared with the same period of the previous year. Along the Via Olimpica the rises were larger, with Lecco at +46.8%, Como +31.6%, Milan +31.2%, Monza +22.1% and Varese +21.8%. The report gives no absolute nights for the period, does not name the dataset and does not say whether the figures cover hotels only or all accommodation.
The same paragraph reports tax-free spending up 22% in the region and 28% in the city of Milan. The passage names no source. The report's separate section on tax-free spending in 2025 credits Global Blue. Tax-free spending covers shopping refunds claimed by non-EU visitors, so it measures a narrow group of high-spending foreigners.
Fontana first gave the 15.2% in his Brescia speech of 12 June 2026, citing the first available data. Lombardia Notizie, the Region's news service, carried the Via Olimpica figures the same day and credited them to the regional tourism observatory.
The 15.2% is now a printed regional figure with a stated window. It still cannot be checked. The window covers 17 days, so it tells you nothing about the rest of February or March. The province figures have no levels behind them, so a rise of 46.8% in Lecco could be a modest number of nights. The figure also has no link to the Bank of Italy's +15.2%, which measured foreign overnight visitors' spending across Italy for the whole of February. The two figures measure different things. Our Milano Cortina 2026 visitors analysis described the regional figure as a spoken claim with no comparison window. The Region's July report supplies the window and leaves the source unnamed.
What the Bank of Italy measured in Lombardy
The Bank of Italy's International Tourism Survey interviews non-residents as they leave Italy. A staff note by Veronica Amato, published on 28 August 2026, reports the questions the Bank added about the Games for departures between 6 February and 31 March. It estimates that about 250,000 foreign overnight travelers came to Italy mainly for the Games, 249,000 in its table, and that they spent EUR 394 million.
Most of them are assigned to Lombardy. The note puts 178,000 of the Olympic-motivated travelers there, 71.4% of the total, with 827,000 nights and EUR 243 million of spending, 61.6% of the national figure. The regional rows add up exactly to the national total, which suggests each traveler is counted in one region. The note does not say how trips that crossed several regions were split.
Across all foreign overnight travelers in Lombardy, the note compares February 2026 with February 2025. Spending rose 11.9%, from EUR 675 million to EUR 755 million. Travelers rose 4.2%, from 876,000 to 912,000, and their nights rose 4.5%, from 4,236,000 to 4,428,000. Olympic-motivated travelers made up 19.5% of Lombardy's foreign overnight travelers that month and 18.7% of their nights, by our arithmetic. They also accounted for 32.2% of foreign overnight spending in the region, because they spent far more per trip than other visitors. Their stays in Lombardy averaged about 4.6 nights, against about 4.9 for all foreign overnight travelers to the region in February 2026, again by our arithmetic on the note's tables. Nationally, the note sets the Olympic visitors' EUR 394 million beside the EUR 376 million rise in all foreign overnight spending in February, and says the first is larger.
The two tables do not cover exactly the same period. The regional table for all foreign travelers covers February, while the Olympic table states no period, and the Olympic questions were asked of departures up to 31 March. The note says 99.5% of Olympic visitors left before the Paralympics began on 6 March. If all 178,000 fall within February, which the note implies but does not state, other foreign travelers to Lombardy numbered about 734,000 against 876,000 a year earlier, a difference of 16.2% by our arithmetic. The Olympic figure rests on 322 interviews with no published sampling error, so this residual is indicative only. The note makes no estimate of displacement and draws no conclusion about other visitors.
The Bank's figure and the Region's figure cannot be reconciled. The Bank counts foreign overnight travelers for the whole of February, and its survey has no published sampling error. The Region's figure covers all guests, Italian and foreign, for 17 days, from a source it does not name. A rise of 15.2% over 17 days can sit beside a rise of 4.5% in foreign nights over 28 days only if Italian guests rose sharply, if the rest of the month was weak, or if the two sources count guests differently. No published data shows which.
| Measure | Who is counted | Period | Publisher | Value | Unit |
|---|---|---|---|---|---|
| Nights, Lombardy | All guests; accommodation scope and dataset not stated | 6–22 Feb 2026 vs same period 2025 | Regione Lombardia, Rapporto sul Turismo, pp. 46 and 51 | +15.2 | % change |
| Nights, province of Milan (Via Olimpica) | Not stated | 6–22 Feb 2026, base not stated | Regione Lombardia observatory, via Lombardia Notizie and the Rapporto | +31.2 | % change |
| Nights, province of Lecco (Via Olimpica) | Not stated | 6–22 Feb 2026, base not stated | Regione Lombardia observatory, via Lombardia Notizie and the Rapporto | +46.8 | % change |
| Tax-free spending, city of Milan | Non-EU shoppers claiming tax refunds | Games period | Regione Lombardia, Rapporto sul Turismo, p. 46 (no source named) | +28 | % change |
| Foreign overnight travelers, Lombardy | Foreign overnight visitors leaving Italy, survey estimate | Feb 2026 vs Feb 2025 | Bank of Italy staff note (28 Aug 2026), Table 6 | +4.2 | % change |
| Foreign overnight nights, Lombardy | Same | Feb 2026 vs Feb 2025 | Bank of Italy staff note, Table 6 | +4.5 | % change |
| Foreign overnight spending, Lombardy | Same, self-reported | Feb 2026 vs Feb 2025 | Bank of Italy staff note, Table 6 | +11.9 | % change |
| Olympic-motivated foreign travelers assigned to Lombardy | Foreign overnight visitors whose main reason was the Games | Departures 6 Feb–31 Mar 2026 | Bank of Italy staff note, Table 7 | 178 | thousand travelers |
| Their nights | Same | Same | Bank of Italy staff note, Table 7 | 827 | thousand nights |
| Their spending | Same, self-reported | Same | Bank of Italy staff note, Table 7 | 243 | EUR million |
| Other foreign overnight travelers, Lombardy (derived) | Foreign overnight visitors minus Olympic-motivated | Feb 2026 vs Feb 2025 | Our arithmetic on Tables 6 and 7: 734,000 vs 876,000; assumes all Olympic travelers fall in February | -16.2 | % change |
Money: card spending, the tourist tax and the impact estimates
Unioncamere Lombardia's report on tourist spending in 2025 uses card payments on the Mastercard network at physical terminals in the region. It found total tourist spending up 9% in 2025, after 16% in 2024, with foreign visitors' spending up 7% and Italian visitors' up 10%. Foreign cardholders made up almost 40% of the total. The province of Milan took 45% of the region's tourist card spending. The report gives growth rates and shares, with no euro totals, and card data misses cash and online payments.
Milan's tourist tax gives another view, through the city budget. Il Giorno reported on 13 November 2024 that the 2024 revenue would come to nearly EUR 80 million against a budget of EUR 70 million, and that the 2025 budget assumed EUR 105 million. On 28 November 2025 it reported that the 2026 budget forecast EUR 179.4 million, up EUR 74.4 million, driven by the Olympic-year rates. The paper said about EUR 40 million of the increase must go to the State under the Olympic surcharge rules. These are budget figures reported by the press. We did not open the Comune's accounts, and no audited 2025 outturn was found. The rates behind them are in our guide to Italy's 2026 tourist tax. According to Il Giorno on 13 February 2026, the EUR 12 nightly rate applies only to 5-star hotels from 1 April 2026. Four-star hotels pay EUR 10 and three-star hotels EUR 7. B&Bs and short-term rentals pay EUR 9.50, according to greenMe on 26 February 2026, citing the city's decision of 12 February.
The largest money figure attached to Milan is an estimate made during the Games. Assolombarda and Milano&Partners said on 16 February 2026 that the Games would generate about EUR 2.5 billion of production in the Milan area, EUR 1.045 billion of value added and about EUR 1 billion of direct spending, worth about 0.4 percentage points of GDP. The release calls the total an estimate and names no model or dataset. Hospitality was put at about EUR 139 million, 13.3% of the value added. The same release estimated a record 8.7 million arrivals in Milan for 2025. No ex-post evaluation by ISTAT, the Region, the Comune or a university had been published by November 2026.
What nobody publishes
Several basic numbers are missing. No source gives a 2025 total of nights or arrivals for the city of Milan, or a 2024 base for the province with stated coverage. The Region's report gives provincial shares and foreign shares, with no provincial totals, and its 2024 regional total appears only as a growth rate.
For the Games, the gaps are wider. Nobody counted Italian visitors, day-trippers or unique attendees. No published series gives Lombardy's February 2026 nights. Eurostat's monthly table has no regional split, and ISTAT's quarterly release covers Italy only. No measured hotel occupancy or room-rate series covers Milan during the Games. The one room-rate figure that circulated widely came from a single chain's forward bookings. The Bank of Italy publishes no sampling error for its Olympic estimates, which rest on 322 interviews in which the Games were the main reason for the trip. The source behind the Region's +15.2% is unnamed.
Transport counts are the nearest proxy, and they measure something else again. The Region's figures, as reported by Qualitytravel on 15 July 2026, put passengers at Lombardy's airports at 59.2 million in 2025, up 4.5% on 2024. Assaeroporti's 2025 count for Malpensa, Linate and Bergamo together is 59,455,325, as set out in our Milan airports analysis, and neither source explains the difference. A passenger is neither a tourist nor a night. Spending has no single measure either. The Bank of Italy measures foreign overnight visitors. Unioncamere measures card payments. Tax-free data measure refunds claimed by non-EU shoppers. Each covers a different slice, and none covers Italian visitors' spending in Lombardy in money terms. For the lakes north of the city, our Lake Como and Lake Garda visitor statistics set out the same problem at provincial level.
Claims that do not hold as circulated
Several Lombardy and Milan figures have travelled further than their sources allow. The common faults are a province figure reported as the city, a forecast reported as a result, a single chain's data reported as the market, and a regional percentage repeated without the window or source that would let anyone check it.
| Claim as circulated | Outlet and date | Verdict | What the source shows |
|---|---|---|---|
| Lombardy nights rose 15.2% during the Games | Attilio Fontana, reported by askanews/QdS and Lombardia Notizie, 12 Jun 2026; repeated in the Regione Lombardia Rapporto, Jul 2026 | UNSOURCED | The Rapporto (pp. 46, 51) gives the window, 6–22 Feb 2026 against the same days of 2025, but no dataset, accommodation scope or absolute nights |
| The regional 15.2% was a spoken claim with no comparison window | Italy Trip Planner, Milano Cortina 2026 visitors analysis, 31 Oct 2026 | SUPERSEDED | The Region's July 2026 report prints the window; the dataset remains unnamed, so the figure stays unsourced |
| Milan recorded over 22.8 million presences in 2025 | Il Giorno, 14 Jul 2026 | MISLEADING | 22,844,935 is the province of Milan (Eurostat NUTS 3); the city's 2025 total is not published, and the city held 77.7% of the province's nights per the Region |
| Milan has about 10 million tourists a year | Martina Riva, Milan tourism councillor, Il Giorno, 13 Feb 2026 | UNSOURCED | No year or unit given. The city's police-return series shows 9,068,728 arrivals in 2024 (Il Giorno, 29 Apr 2025); ISTAT shows 8.2 million arrivals for the whole province (via Assolombarda). Arrivals are not people |
| The Olympics bring EUR 2.5 billion to Milan and are worth 0.4% of GDP | Milano Finanza, 17 Feb 2026 | MISLEADING | The headline presents the figure as a result; the article's text and the Assolombarda/Milano&Partners release of 16 Feb 2026 both call it an estimate of production, made during the Games, with no model named |
| Milan hotel room rates up 76% for the Games | Qualitytravel.it, 4 Feb 2026 (BWH Hotels) | NOT SUPPORTED | One chain's forward bookings at 4 Feb across its own properties in Games areas; no market-wide occupancy or rate series was published |
What this means for travelers, businesses and analysts
Travelers will find a city where foreign guests take about seven in ten nights in the province. The Region reports a sharp rise for the Games fortnight, without a named source, and the Bank of Italy's count of foreign visitors for February as a whole rose 4.5%. Most of the province's 31,249 establishments are non-hotel units, 30,558 of them, and the Region gives bed numbers only at regional level. Our Milan travel guide covers the city outside event weeks.
Tourism businesses and investors should start from the Region's reported +7% for 2025 and treat much of the 25.6% jump on Eurostat's table as a change of coverage. The province of Milan crossed the same break, and no publisher gives a comparable rate for it. For the Olympic year, the measured result is the Bank of Italy's 178,000 Olympic-motivated foreign travelers and EUR 243 million in Lombardy, within a February in which all foreign overnight spending in the region rose 11.9%. A published regional February series, an audited tourist-tax outturn for 2026 and a provincial base with stated coverage would each sharpen that picture.
Journalists and analysts should check the coverage note before comparing any two years, since 2025 is the first year with private rentals in the national count. A Milan figure needs its area named, because the province and the city differ by millions of nights. The Region's Games figures are best treated as unverifiable until the dataset behind them is named. Survey estimates of Olympic visitors carry no published margin of error, so differences built on them are indicative. The figures in the box above are the ones that can be quoted with their labels.
Data & sources
Period covered: 2024 and 2025 annual counts; January–May 2026; the Games window, 6–22 February 2026
- Regione Lombardia, Osservatorio regionale del turismo · Rapporto sul Turismo (July 2026): 2025 arrivals and nights, provincial shares, CIN estimate, January–May 2026 and the Games window Accessed 7 Nov 2026.
- ISTAT · Statistica Today, Turismo 2024 (9 March 2026): regional and municipal nights, old basis Accessed 7 Nov 2026.
- ISTAT · Storie dati, tourism (17 July 2026): 2025 national nights with and without non-business rentals Accessed 7 Nov 2026.
- Eurostat · tour_occ_nin2, nights at tourist accommodation, Lombardia (ITC4), 1990–2025 Accessed 7 Nov 2026.
- Eurostat · tour_occ_nin3, nights at tourist accommodation, Milano (ITC4C), 2020–2025 Accessed 7 Nov 2026.
- Banca d'Italia · Staff note by V. Amato on international tourist flows linked to the 2026 Winter Olympics (28 August 2026), Tables 2, 6 and 7 Accessed 7 Nov 2026.
- Assolombarda Centro Studi · Osservatorio Turismo 2025 (November 2025): Milan and Lombardy arrivals (ISTAT), 2025 estimate, hotel occupancy Accessed 7 Nov 2026.
- Unioncamere Lombardia · Spesa turisti, anno 2025: tourist card spending on the Mastercard network, growth and provincial shares Accessed 7 Nov 2026.
Methodology
This analysis compares the published counts of tourism in Lombardy and Milan for 2024, 2025 and early 2026. Annual nights come from the Regione Lombardia observatory's Rapporto sul Turismo (July 2026), ISTAT's Statistica Today on tourism in 2024 (9 March 2026) and its tourism data story (17 July 2026), and Eurostat's tables tour_occ_nin2 and tour_occ_nin3, read through the Eurostat dissemination API (updated 20 October 2026). Games figures come from the Rapporto and the Bank of Italy's staff note by Veronica Amato (28 August 2026). Arrivals, occupancy and spending come from Assolombarda's Osservatorio Turismo (November 2025) and its release with Milano&Partners (16 February 2026), Unioncamere Lombardia's 2025 tourist spending report, and ISTAT's first-quarter 2026 release. Airport passengers come from the Region as reported by Qualitytravel.it (15 July 2026) and from Assaeroporti's 2025 figures as set out in our Milan airports analysis, which we did not re-open. Press reports used where no primary document was available are Il Giorno (13 November 2024, 29 April 2025, 28 November 2025, 13 February 2026, 14 July 2026), askanews wire copy in QdS and Lombardia Notizie (12 June 2026), greenMe (26 February 2026), Qualitytravel.it (4 February 2026) and Milano Finanza (17 February 2026). All documents were checked on 7 November 2026.
Limitations: (1) the 2025 national and regional counts include non-business private rentals for the first time, and the Region does not say whether its 2024 base had the same coverage as its 2025 count, so any split of the 2024 to 2025 gap into counting and growth is illustrative; (2) the Region's report gives provincial shares but no provincial totals, and no 2025 total for the city of Milan exists; (3) the Region's +15.2%, Via Olimpica and tax-free figures for the Games period have no named source or absolute values; (4) the Bank of Italy survey covers foreign overnight visitors only, its Olympic estimates rest on 322 main-reason interviews, and no sampling error is published; (5) the note assigns each traveler to one region without explaining multi-region trips, and its Olympic table states no period, so subtractions from the February table are indicative; (6) card data, tax-free data and survey spending each cover different groups and cannot be added; (7) the Comune di Milano's budget, its police-return reports and the YesMilano data were not opened, so city arrivals and tourist-tax revenue rest on press reports; (8) the primary documents were read through a text-extraction tool, so page references come from that reading.
Contested figures are given with both values and the evidence for each, in the text, the tables and the disclaimer. Claims are listed in the claims table with the outlet, date, a verdict and what the source shows. Where a later primary document changed one of our own findings, we say so and give the new status. Figures seen only in press reports are described as press-reported. Derived figures are our arithmetic, marked wherever they appear, and are descriptive, not causal; those that depend on an unstated assumption say which assumption.
Notes on the data
What does not exist, and what we used instead. No source publishes a 2025 total of nights or arrivals for the city of Milan, a 2024 base with stated coverage for Lombardy or the province of Milan, provincial totals in the Region's report, a February 2026 nights series for Lombardy, a count of Italian visitors, day-trippers or unique attendees at the Games, a measured hotel occupancy or room-rate series for Milan during the Games, or an ex-post evaluation of the Games' effect. We used the Regione Lombardia observatory's Rapporto sul Turismo (July 2026), ISTAT's Statistica Today (9 March 2026) and data story (17 July 2026), Eurostat's regional and provincial tables (updated 20 October 2026), the Bank of Italy's staff note of 28 August 2026, Assolombarda's Osservatorio Turismo (November 2025) and Olympic release with Milano&Partners (16 February 2026), Unioncamere Lombardia's card-spending report for 2025, Assaeroporti's 2025 airport figures as set out in our Milan airports analysis, and press reports where no primary document could be opened, each named in the text.
Contested figures. Lombardy 2025 nights: 56,714,373 (Region) and 56,693,078 (Eurostat), a difference of 21,295 that neither publisher explains; we lead with the Region's official figure and give both. Lombardy nights: 56,714,373 for 2025 (Region, rentals included where reported) and 45,130,529 for 2024 (ISTAT, rentals excluded); these are different years and coverage, and we do not compute growth between them. Lombardy 2025 with the Region's estimate for non-reporting CIN units: 61,764,280, against the official 56,714,373; we use the official figure. Milan arrivals 2024: 9,068,728 for the city on police returns (Comune di Milano report via Il Giorno, 29 April 2025) and 8.2 million for the province on ISTAT's count (via Assolombarda); different systems, unreconciled. Lombardy during the Games: +15.2% nights for all guests, 6–22 February 2026 (Region) and +4.5% foreign overnight nights for the whole of February (Bank of Italy); different window, population and unit. Lombardy airport passengers 2025: 59.2 million (Region via Qualitytravel, 15 July 2026) and 59,455,325 for Malpensa, Linate and Bergamo (Assaeroporti); unexplained.
Claims that failed verification. Lombardy +15.2% during the Games as a checkable statistic (Attilio Fontana, 12 June 2026; Regione Lombardia Rapporto, July 2026): printed with a window but no dataset or absolute figure. Milan over 22.8 million presences (Il Giorno, 14 July 2026): a province figure. Milan about 10 million tourists a year (Martina Riva, Il Giorno, 13 February 2026): no year or unit. EUR 2.5 billion for Milan and 0.4% of GDP presented as a result (Milano Finanza headline, 17 February 2026): an estimate made during the Games with no model named, as the article's text and the release say. Milan room rates +76% (Qualitytravel.it, 4 February 2026): one chain's forward bookings. Our own earlier analysis of the Milano Cortina Games (31 October 2026) described the Lombardy +15.2% as a spoken claim with no comparison window; the Region's July 2026 report supplies the window, and the figure remains unsourced.
Derived figures. These are our arithmetic and are marked in the text: the 25.6% jump on Eurostat's Lombardy table; the illustrative 2024 regional base of about 53.0 million (56,714,373 ÷ 1.07; about 52.8 to 53.3 million for rates between 6.5% and 7.5%) and the split of the 11.6 million gap into about 7.9 million of counting and 3.7 million of growth, both conditional on the Region's 2024 base having the same coverage as its 2025 count, which it does not state; the three-quarters share of the North-West's provisional 2024 rental nights that such a split would imply; the province of Milan's rise of 26.8% and its share of 39.9% (2024) and 40.3% (2025); the city's 78.0% of the province's 2024 nights; roughly 17.8 million city nights in 2025 (77.7% × 22,844,935, mixing two publishers); Lombardy's share of national nights (10.6% in 2025); Trentino-Alto Adige's 60,908,448 as the sum of its two provinces; the Olympic shares of Lombardy's February foreign travelers (19.5%), nights (18.7%) and spending (32.2%); average stays of about 4.6 and 4.9 nights; and the 16.2% difference in other foreign travelers to Lombardy, which assumes all Olympic travelers fall within February and rests on an estimate with no published sampling error, so it is indicative only.
Self-reported figures. Spending in the Bank of Italy survey is reported by the travelers interviewed. Card-spending growth comes from Mastercard network data. The Region's tax-free figures for the Games period name no source. Accommodation counts are returns filed by operators, and the Region estimates figures for units that did not file.
Frequently asked questions
How many tourists visited Lombardy in 2025?
Lombardy recorded over 22.3 million arrivals and 56,714,373 nights in 2025, according to the Regione Lombardia observatory's Rapporto sul Turismo (July 2026). Arrivals count check-ins, so one person who stays in two places is counted twice. Eurostat puts the region's 2025 nights at 56,693,078.
Why does ISTAT say Lombardy had 45.1 million nights?
ISTAT's figure of 45,130,529 is for 2024 and excludes private rentals let in a non-business form (Statistica Today, 9 March 2026). From 2025 the national series includes those rentals. Much of the gap therefore reflects what is counted. The Region reports its own year-on-year growth for 2025 as +7% but does not say whether its 2024 base had the same coverage.
How much did Lombardy's tourism grow in 2025?
The Region's observatory reports +7% in both arrivals and nights compared with 2024, without saying whether its 2024 base had the same coverage. Foreign guests' nights grew 8.9% and nights in non-hotel accommodation 13.8%. The 25.6% rise on Eurostat's table mixes growth with the new count of private rentals.
How many tourist nights does Milan get?
The province of Milan, the Città metropolitana, recorded 22,844,935 nights in 2025 on Eurostat's count. The city of Milan recorded 14,054,184 nights in 2024 on ISTAT's old basis, second in Italy after Rome. No 2025 total for the city has been published.
Did tourism in Lombardy really rise 15.2% during the Olympics?
The Regione Lombardia Rapporto (July 2026) says nights rose 15.2% between 6 and 22 February 2026 against the same days of 2025. It names no dataset, accommodation scope or absolute figure, so the number cannot be checked. It is unrelated to the Bank of Italy's +15.2%, which measured foreign overnight visitors' spending across Italy in February.
How many Olympic visitors stayed in Lombardy?
The Bank of Italy estimates that 178,000 foreign overnight travelers who came mainly for the Games are assigned to Lombardy, with 827,000 nights and EUR 243 million of spending (staff note, 28 August 2026). Italian visitors and day-trippers were not measured by anyone. The estimate rests on a survey with no published sampling error.
Did the Games increase foreign tourism in Lombardy overall?
In February 2026 Lombardy's foreign overnight travelers rose 4.2%, their nights 4.5% and their spending 11.9% on February 2025 (Bank of Italy staff note, 28 August 2026). Nationally, the note finds the Olympic visitors' EUR 394 million larger than the EUR 376 million rise in all foreign overnight spending that month. It makes no estimate of displacement, so the net effect on other visitors is unknown.
How much does Milan collect from its tourist tax?
Il Giorno reported nearly EUR 80 million for 2024 and a 2025 budget of EUR 105 million (13 November 2024), and a 2026 budget forecast of EUR 179.4 million (28 November 2025). These are budget figures reported by the press. We did not find an audited outturn for 2025 or 2026.
What share of Lombardy's tourists are foreign?
Foreign guests took 68% of Lombardy's nights in 2025, according to the Region; Il Giorno gives 68.07% of nights and 63.32% of arrivals. Eurostat's 2025 figures give the same 68.07% share of nights. In the province of Milan the foreign share of nights was 70.8%, and in Como 86.8%.