For the period of 2006-2015, revenues from international tourism in Austria are set to grow by 2.3 percent per year. A hypothetical calculation demonstrates that future tourism export growth rates could be accelerated by one percentage point per year if the share of overnight stays contributed...

Up to the early 1990s, the export surplus for tourism was the major component in the current account offsetting the perennial trade deficit. Since then the structural weaknesses of the Austrian tourism industry have had a negative impact on the balance for travel services. The trend decline in...

Gambling comprises a variety of games, ranging from various forms of lotteries and sports betting to gambling in casinos. In Austria, gross output of the gambling sector amounted to ATS 12.3 billion in 1995, about 3 percent of total spending on leisure activities in Austria. Gross output of...

Since the beginning of the 1990s, the Austrian tourism industry has suffered a series of setbacks, partly caused by specific factors such as German reunification, currency devaluations in several important competitor countries and the slump in air fares, and partly due to substantial structural...

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...

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...