Austrian Hotels and Restaurants: A Regional Comparison
To map tourism-specific differences and to analyse the development paths taken by the Austrian tourist regions, WIFO has developed a system of parameters based on linking indicators from a special analysis of the performance and structural statistics for 2002 and 2005. The success of a given tourist region thus depends on a whole bundle of factors which typically cannot be isolated and mostly influence each other. They include expansion investment depending on business size, investment to improve the quality, innovations, strengthening human resources and the creation of larger-scale integrated tourist destinations with high tourism intensity. The combined effect of intensifying factors for success can be typically seen in an increase of productivity and a greater market share.