The Russians Are Coming ... to Italy

Travel Blog  •  Michael Yessis  •  08.20.10 | 11:37 AM ET

And they’re spending wads of money. Silvia Marchetti writes:

Luring tourists from Russia is a lucrative pursuit in Italy. Many of the most breathtaking and expensive locations have been virtually colonized by them.

They’re the former Soviet Union’s new nobility—billionaire businessmen, bankers and investors who travel across the peninsula in limousines, yachts and helicopters (for 2,000 euros an hour), picking the most romantic scenery for the purchase of dreamlike castles and sea manors.

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