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...

Political upheavals in Eastern Europe and the USSR will have important repercussions on international competitive conditions and traveling habits of the population. The rapidly rising tourism tide will affect Austria both as a destination and as transit country. The spreading of demand over time...

In order to maintain Austria's international competitiveness as a tourism location, economic policy measures and outlooks are required. Faced with pressure from globalisation and the general competition for innovation, Austria's tourism sector (which lost almost half of its market share in...

The single European currency has direct (elimination of currency-exchange costs, low interest on borrowed capital, stable nominal exchange rates between EMU participants) and indirect effects (on real income and growth) on European tourism: • Following the introduction of the single currency,...