The album was recorded after the 1986/1987 European Park Hotel concert tour and includes new interpretations of six songs from the singer's earlier repertoire as performed on the tour, as well as the previously unreleased "Nuvole" ("Clouds") and a cover version of John Lennon and Paul McCartney's "The Fool on the Hill", released as the album's lead single. The Elisir was a commercial success in both Continental Europe and Scandinavia and was later awarded the prize Goldene Europa for sales on the West German market.

The track "Hispavox" was first released as "Rumba Rock" on the 1980 album Capo Nord.

Elisir was released with a revised track list under the title Kusamakura in Japan in 1988, then also including tracks from 1986's Park Hotel as well as the previously unreleased recording "Le scogliere di Dover".

Both "Il vento caldo dell'estate" and "I treni di Tozeur" were again re-recorded and included in the 2000 career retrospective Personal Jukebox.

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