The Well-Heeled Are Headed to Puglia, the End of Italy’s Boot
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The Well-Heeled Are Headed to Puglia, the End of Italy’s Boot

By Jake Emen
Sat, Oct 7, 2023 1:54pmGrey Clock 5 min

The heel of Italy’s boot is its hospitable heartland, at least to a growing contingent of savvy travellers who find themselves turning to Puglia time and again, perhaps at first for its rusticity, but now for its lavish resorts. It’s been a long time coming for the historically overlooked region and its 500 miles of coastline, most of which is devoid of the crowds overstuffing other parts of the country.

“Puglia is authentic but contemporary, relaxing but full of vibrant energy,” says Aldo Melpignano, owner of Borgo Egnazia, a luxury resort that has helped put the region on the map for international travellers. “It’s becoming more and more an international travel destination, but you can still discover hidden gems and unspoiled places.”

Charming towns line the Adriatic coastline like whitewashed pearls on a string, from Lecce to Brindisi, onward to Ostuni and Monopoli, continuing north to Bari and Trani. The countryside in between showcases the remnants of conical trulli, traditional stone-hut residences, found amid endless olive groves. Its every facet has a distinct Puglian feel, an inimitable aura of charm and hospitality that cannot be replicated.

The Growth of Puglia’s Luxury Scene

“Sometimes when you are in a luxury resort in the Côte d’Azur or Sardinia or Mexico, you feel like you could be anywhere, you don’t have a sense of place” says Vito Palumbo, CEO of Tormaresca winery. “When you are in Borgo Egnazia or Torre Coccaro, though, you know you are in Puglia, you know that you’re in a masseria that has been revamped into a beautiful resort with a very strong Puglian identity.”

At Tenuta Bocco di Lupo, the long, sandy white road that serves as its entrance beckons travelers to its grand estate and cellar.
Jake Emen

It’s been a quarter century since Tormaresca was acquired by wine conglomerate Antinori, whose financial backing and know-how helped modernize its efforts, transforming its distinctive terroir and native grapes—such as Primitivo, Negroamaro, Aglianco, and Fiano—into sought-after varieties. In more recent years, Palumbo has grown into a role as the face of Tormaresca, but also as the de facto ambassador for Puglia on the whole, dedicated to touting the appeal of his home region.

Puglia’s beloved masserias, or farm estates constructed in village-like fashion, replete with small walkways and central gathering plazas, offer a different spin on Italian luxury and hospitality, versus the villas of Tuscany, the cliff top properties along the Amalfi coast, or the grand dames of Venice and Florence.

One of the initial masserias to make a splash was Masseria Il Melograno, whose grounds are studded with gnarled and wizened 600-year-old olive trees and purple bougainvillea flowers. But when Borgo Egnazia opened in 2010, following a six-year, reported €150 million project, it set the region on a luxurious new path, gaining recognition as one of the top properties in Italy and across continental Europe.

With that kind of success, it was perhaps inevitable that large, international brands would follow course. Rocco Forte added Masseria Torre Maizza to its portfolio in 2018, and in early 2021, Four Seasons announced an Ostuni project, signalling it would be a new construction with direct beach access and 150 villa-style guest rooms. Around the same time, Belmond purchased Masseria Le Taverne, a 17th-century farm estate, and is amid extensive renovations while aiming to maintain the property’s heritage and character.

The best of both worlds can be found at a restaurant such as Osteria del Tempo Perso in Ostuni,
Jake Emen

“Puglia’s popularity has grown significantly for those looking to explore a different part of Italy and to discover the region’s spectacular coastlines and beautiful beaches, rich history, and exceptional culinary offerings,” says Bart Carnahan, Four Seasons president of global business development and portfolio management.

The Roots Are in the Vineyards and the Olive Groves

At the heart of Puglia’s culinary movement is an appreciation for its local ingredients, from burrata to olive oil and a wealth of fresh seafood.

“Puglia is Italy’s most important region for extra-virgin olive oil production,” Palumbo says, citing overall output and a breadth of styles, with at least 60 types of olives found on millions of trees. Yet, as with the region’s wine, the quality of its olive oil was long overlooked, with the majority being sold in bulk. “Puglian olive oil is going places, and it’s the same story as the wine. There are more strong Puglian olive oil brands than Tuscan ones now.”

Travellers can spend a day on a farm or dairy learning how to make cheese or pressing their own olive oil, perhaps in between visits to its emergent wineries. At Tenuta Bocco di Lupo, the long, sandy white road that serves as its entrance beckons travelers to its grand estate and cellar. There, they can taste wines under its eponymous label, such as an Aglianico from Castel del Monte; Pietrabianca, made with Chardonnay and Fiano from Castel del Monte; and Fiano di Bocca Di Lupo.

Then there’s Tormaresca’s Calafuria, the best-selling rose wine in, and from, Italy. But it’s through the aforementioned offerings, along with bottles such as Torcicoda, a Primitivo from Salento, as well as the Masseria Maime Negroamaro, that Palumbo plans to establish the bonafides of his two estates in the region. What he and his winemakers have found is that Puglian wines made with intention, and reflective of their home place, are more than capable of great ageing potential, with rich character that consumers can expect to develop and unfold in the decade or two to come, while still being able to be poured today and enjoyed. “We want the Puglian influence,” Palumbo says.

Puglia’s restaurant scene has soared as well, with 10 Michelin-starred outposts in the region and scores of other fine-dining establishments. A prestige institution such as Quintessenza, in Trani, is helmed by the four Di Gennaro brothers, each of whom has a different role in the operation of a space devoted in full to showcasing and elevating Puglia’s bounty.

Bocca Di Lupo
Jake Emen

The best eating though may be in casual, local spots with seaside views or beachfront settings, from the Coccaro beach club and restaurant, to the Trabucco Tormaresca in Trani, a sceney waterfront bar stylised as an old fisherman shack. The best of both worlds can be found at a restaurant such as Osteria del Tempo Perso in Ostuni, where classic Puglian dishes are showcased with the best ingredients, but without unneeded adornment or reinvention, with the service and setting that elevates food with humble origins into a destination dining experience.

Travellers to Puglia can indulge in it all: the excellent food and wine that will satiate the most discerning of palates and the luxurious accommodations that need not play second fiddle to anywhere else in the country, offered with the trademark embrace of the region’s hospitality.

“The ancient traditions of this region represent a unique heritage,” Melpignano says. “What really makes the difference in Puglia is the people: Always heart-warming, they have the sense of welcome in their blood.”



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New Zealand Inflation Eases, Opening Path for Big Rate Cuts

The inflation rate ran at an annual pace of 2.2% in the quarter compared with a rise of 3.3% in the second quarter

By JAMES GLYNN
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SYDNEY—New Zealand’s inflation rate returned to within the central bank’s target band for the first time since early 2021 in the third quarter, opening a path to more supersized interest-rate cuts in coming months.

The inflation rate ran at an annual pace of 2.2% in the quarter, near the midpoint of the desired 1% to 3% target band, with some economists warning that the Reserve Bank of New Zealand must continue lowering the official cash rate at speed as a neutral policy rate is still well off in the distance.

The annual increase in inflation compares with a rise of 3.3% in the second quarter, StatsNZ said Wednesday. Inflation rose by 0.6% in quarterly terms.

The inflation data justifies the 75 basis points of cuts announced so far since August, with the RBNZ stepping up the pace of lowering the official cash rate last week by joining the Federal Reserve in slashing by 50 basis points.

Economists warn that there is a risk that inflation will undershoot the target band in coming quarters, especially if the RBNZ backs away from more significant cuts.

The official cash rate has so far fallen to 4.75% from 5.50%, with a neutral policy rate likely closer to 3.00%, according to economists.

New Zealand’s farm-rich economy has been in and out of recession for years as the RBNZ proved to be one of the more aggressive central banks globally when combating the inflation surge that emerged after the Covid-19 pandemic.

Economic activity remains flat and in need of resuscitation, especially with growth in China, its main trading partner, in a slowdown, economists said.

Higher rents were the biggest contributor to the annual inflation rate, up 4.5%. Almost a fifth of the annual increase in the consumer-price index was due to rent prices.

Prices for local authority rates and payments increased 12.2% in the 12 months to the third quarter, StatsNZ said. Prices for cigarettes and tobacco also rose sharply in line with an annual excise-tax increase.

Still, lower prices for gasoline and vegetables helped to offset rising prices, StatsNZ added.

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This stylish family home combines a classic palette and finishes with a flexible floorplan

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Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

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