In 2013, Austria's economy grew by just 0.4 percent, the slowest growth rate since the recession of 2008-09 when overall production had shrunk by 3.8 percent. Both the investment volume and private household consumption declined in real terms. Unemployment rose sharply to a new height of 7.6...

The growing demand for city tourism and tourism-extensive rural regions clearly demonstrates that leisure markets are rearranging their priorities towards better quality and more individualised travel experience or – more generally – towards "postmodern" consumption and production...

Since the beginning of the 1990s, the Austrian tourism industry suffered a series of setbacks, which were caused partly by special factors like German reunification, currency depreciations or the slump in air fares, and partly by substantial structural weaknesses. Many indications suggest that...

The fights in Slovenia and Croatia interrupted some important transport links to South-Eastern-Europe. The decline of Austria's foreign trade with Yugoslavia accelerated. Austria's tourism industry benefitted to some extent from the collapse of tourism in Yugoslavia. Retail and wholesale firms...

The favourable results achieved in Austria's tourism sector in the winter season raised expectations for the summer season, despite a slowdown in economic activity in the OECD countries. The main reasons for the optimistic outlook were the expected positive effects of some special factors, a...

Projections for the global tourism industry up to 2010 envisage annual growth rates of about 3 percent (at constant prices and exchange rates) both for expenditures made in the course of foreign travel ("tourism imports") and for revenues from international tourist travel ("tourism exports")....

Since World War II, the Austrian tourism and leisure industry has reached an important position in international competition. Austria is one of the most tourism-intensive countries in the world. From a macro-economic point of view, tourism and leisure activities play a crucial role for the...