Der Tourismus ist in vielen Ländern zu einem bedeu‐tenden sozialen und wirtschaftlichen Phänomen gewor‐den, sodass die Erklärung seiner langfristigen Entwicklung von zunehmendem Interesse 1st.

The impact of tourism on the economy of a country can be described through the use of input‐output analysis, which allows the calculation of the direct and indirect value added effects of tourism spending. After this stage of value added generation a new multiplier process — induced through...

In a study commissioned by the Federal Ministry of Economic Affairs, the Austrian Institute of Economic Research conducted a written survey of the Austrian hotel industry (hotels and similar establishments). The sample comprised more than 3,000 establishments in the three to five star category.