Fear of Coronavirus (COVID-19) played little or no role in 2023 and tourism flows, inbound and outbound, are set to reach close to their pre-pandemic level of 2019. In addition, domestic tourism flow is projected to exceed the 2019 pre-pandemic level.
Air travel was the subject of significant price increases for a second year in a row in 2023, but passenger numbers still recovered strongly to move towards pre-pandemic levels. Flight plans at Austrian airports were already at the pre-pandemic level in terms of destinations available, but less so in terms of number of flights.
The demand for lodging also continued to recover very well in 2023. In this vein, hotel room nights were projected to be only slightly below the 2019 pre-pandemic level in 2023, despite sharp rises in price levels in lodging since Russia's invasion of Ukraine at the beginning of 2022 and high inflation in 2022-2023.
In booking, key trends from the pre-COVID-19 pandemic period largely resurfaced or continued. Meanwhile, some of the counter movements from pandemic period seem unlikely to have lasting consequences.
The increase in the desire for travel in a globalised world is considered unstoppable in the forecast period. In this vein, Austria retains strong growth potential as an inbound destination and as a source market for outbound destination.
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Understand the latest market trends and future growth opportunities for the Travel industry in Austria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Travel
Travel encompasses several categories including tourism flows, lodging, travel modes, in-destination spending and booking.
See All of Our DefinitionsThis report originates from Passport, our Travel research and analysis database.
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