Trademagazin > Horeca > This year’s Austrian tourism turnover may be 40 percent lower than before the crisis
This year’s Austrian tourism turnover may be 40 percent lower than before the crisis
Even the summer season could not save this year’s Austrian tourism. Annual turnover could be 40 percent lower than before the crisis, according to a forecast published by the Wifo Economic Research Institute in Vienna on Thursday.
After the winter tourist season from November 2020 to April 2021 was almost completely cut off due to disease control restrictions, Wifo (Österreichisches Institut für Wirtschaftsforschung) sees that the summer season will not be able to catch up and this year’s annual tourism turnover an could remain at around 40 percent less then in 2019. (MTI)
Related news
Wholesale prices in Austria fell in April
Wholesale prices in Austria fell both month-on-month and year-on-year in…
Read more >Food and non-alcoholic beverage price increases continue to accelerate in Austria
In Austria, the annual rate of consumer price inflation slowed…
Read more >Lieferando is eliminating its employee delivery-person positions in Austria
Lieferando is ending the employment of food delivery workers in…
Read more >
More related news >
Related news
The tourism industry has declined – but it is still one of the best-performing sectors of the economy
The Tourism Business Index (TKI) stood at -6 points in…
Read more >The new generation of Hungarian street food has moved to Dob Street – Introducing Budapest Bites
Enriching the city’s street food palette, the place offers a…
Read more >