The Travel & Tourism market in Austria generated in 2020 a revenue of around 1.7 billion U.S. dollars, a sharp decline from the 2019 revenue which lay around 5.1 billion. This was most likely the result of the Covid-19 pandemic and the subsequent shutdowns and travel restrictions. The least decrease in revenue occurred in the vacation rental market segment which generated a revenue of 387 million. The Mobility Market Outlook estimates however that revenues across all segments will in 2021 again begin to increase and reach or surpass pre-pandemic revenues by 2023.
Revenue of the Travel and Tourism market in Austria from 2017 to 2025, (in million U.S. dollars)
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Statista. (September 6, 2021). Revenue of the Travel and Tourism market in Austria from 2017 to 2025, (in million U.S. dollars) [Graph]. In Statista. Retrieved August 08, 2022, from https://www.statista.com/forecasts/891270/revenue-in-the-reisen-and-tourismus-market-in-austria
Statista. "Revenue of the Travel and Tourism market in Austria from 2017 to 2025, (in million U.S. dollars)." Chart. September 6, 2021. Statista. Accessed August 08, 2022. https://www.statista.com/forecasts/891270/revenue-in-the-reisen-and-tourismus-market-in-austria
Statista. (2021). Revenue of the Travel and Tourism market in Austria from 2017 to 2025, (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 08, 2022. https://www.statista.com/forecasts/891270/revenue-in-the-reisen-and-tourismus-market-in-austria
Statista. "Revenue of The Travel and Tourism Market in Austria from 2017 to 2025, (in Million U.S. Dollars)." Statista, Statista Inc., 6 Sep 2021, https://www.statista.com/forecasts/891270/revenue-in-the-reisen-and-tourismus-market-in-austria
Statista, Revenue of the Travel and Tourism market in Austria from 2017 to 2025, (in million U.S. dollars) Statista, https://www.statista.com/forecasts/891270/revenue-in-the-reisen-and-tourismus-market-in-austria (last visited August 08, 2022)