So, what is it lacking? The actual plot is dull. Some scenes shine through and might add some meaning, but half the film is just filling: characters going to places, staying at places, having daily life interactions with each other, with very little dialogue through it all. A lot of it could have been cut off and it wouldn't matter. But, most importantly, the relationship between the leads had no real chemistry between them; we do see Elio sneaking glances and touching Oliver's stuff, but when did Oliver even start being attracted to Elio? And what about the girls? Why do they keep making passes at them if they're not into it? The conversations are scarce and don't help clarify anything either- not until the very end, at least. I do realize a more poetic, intellectually romantic sort of public might find their relationship more appealing, though.