WIFO-Monatsberichte (monthly reports)

The WIFO-Monatsberichte (monthly reports) contain research results and publications by WIFO staff on national and international economic developments based on sound economic analyses. Additionally, important key figures on the international and Austrian economic situation are published in the WIFO-Monatsberichte.

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Jesús Crespo Cuaresma (Vienna University of Economics and Business)
Claudia Kemfert (German Institute for Economic Research)
Philipp Schmidt-Dengler (University of Vienna)
Jens Südekum (Heinrich Heine University Düsseldorf)
Andrea Weber (Central European University)

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COVID-19-Krise stoppt dynamische Expansion im Tourismus (COVID-19 Crisis Stops Tourism from Soaring)
WIFO-Monatsberichte, 2020, 93(11), pp.835-844
Online since: 27.11.2020 0:00
 
2019 verzeichnete der Tourismus in Österreich mit 46,2 Mio. Gästeankünften (+3,0%), 152,7 Mio. Nächtigungen (+1,9%) und nominellen Einnahmen von 30,0 Mrd. € (+6,7%, real +4,8%) neue Höchstwerte. Infolge der COVID-19-Krise dürfte die Nachfrage 2020 nach aktuellen Schätzungen im Durchschnitt um 35% bis 40% einbrechen, wobei der Städtetourismus deutlich stärker in Mitleidenschaft gezogen wird.
JEL-Codes:L83, H12, R11
Keywords:Tourismus
Research group:Regional Economics and Spatial Analysis
Language:German

COVID-19 Crisis Stops Tourism from Soaring
In 2019, tourism in Austria recorded new records with 46.2 million arrivals (+3.0 percent), 152.7 million overnight stays (+1.9 percent) and 30.0 billion € in nominal revenues (+6.7 percent, +4.8 percent at current prices). As a result of the COVID-19 crisis, demand in 2020 is expected to fall by 35 to 40 percent on average according to current estimates, with city tourism expected to suffer much more than other regions.

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