Improving economic situation in tourism

By: Trademagazin Date: 2025. 08. 08. 10:10

The TKI index stood at -1 point in July 2025 (interpreted on a scale between -100 and +100), which means that the sector’s players perceived their situation as stagnant. After a 4-point decrease last month, the index value increased by 6 points in the seventh month of the year, thus exceeding its value a year ago by 1 point. In accommodation services, the index increased by 18 points to +4 points, in catering by 1 point to -6 points, while in other tourism sectors it stagnated at 0 points.

TKI index by subsectors May 2022 – July 2025 (points) Source: GKI; Note: On a scale from -100 to +100 (where -100: significantly deteriorating, +100: significantly improving) The TKI index in July exceeded by 10 points the service sector business cycle index measured in the GKI EU business cycle research (-11 points), the GKI business confidence index representing the national economy average (-15 points), as well as the industry (-14 points), construction (-30 points) and trade (-24 points) indices. Sector business cycle index May 2022 – July 2025 (points) Source: GKI; Note: On a scale from -100 to +100 (where -100: significantly deteriorating, +100: significantly improving) If we compare the TKI index in July 2025 with the one year earlier (July 2024), we experience an increase of 1 point.

Among the sub-sectors, the other tourism sector stagnated in year-on-year comparison, while the hospitality sector declined by 3 points and the accommodation sector increased by 5 points. Development of the TKI index between May 2022 and July 2025 (points) Source: GKI; Note: On a scale from -100 to +100 (where -100: significantly deteriorating, +100: significantly improving) The tourism employment expectations index (+7 points) in July 2025 significantly exceeded the value of the index calculated for the service sector measured in the GKI business survey conducted for the EU (-5 points) and the national economy average (-2 points). It fell slightly short of the trade index (+8 points), but exceeded the construction (-9 points) and industry indices (-2 points). Sector employment expectations index – May 2022 – July 2025 (points) Source: GKI In July 2025, 55% of tourism companies reported an increase in their service prices over the past 3 months compared to the same period of the previous year, 41% did not change prices, while 4% reported a decrease.