A cautious prognosis sees total current value sales in lodging overall to remain just below 2019 levels over 2024-25 and recover fully by 2026. A key hindrance to faster recovery is the predicted continued lack of business travellers thanks to the online shift for meetings and conferences, though the impact of this trend is turning out to be much less severe than initially feared by many industry experts early in the pandemic.
Thanks to comprehensive state aid during the pandemic hotel operators stayed optimistic towards a quick recovery and investments remained high. In the lower-priced segment, the expansion of multinational brands is expected to keep putting pressure on smaller, independent hotels, especially in urban areas.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Austria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.See All of Our Definitions
This report originates from Passport, our Lodging (Destination) research and analysis database.
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