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Thursday | October 22 | 2020

Austrian tourism revenues fell by 31,7% this year

From May to August, tourism revenues in Austria fell by 31.7 percent compared to the previous year, Heute reports.

The corona crisis has caused massive slumps in Austrian tourism. According to an estimate by the Vienna Economic Research Institute (WIFO), tourism revenues fell by a nominal 31.7 percent to EUR 7.22 billion between May and August compared to the same period of the previous year.

The biggest drop was in Vienna (minus 81.1 percent) and the lowest in Carinthia (minus 13.7 percent). Styria (minus 17.4 percent) and Burgenland (minus 18.4 percent) recorded a relatively low decline in tourism revenues between May and September.

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