Lodging in Austria was hurt massively by the absence of travellers and the temporary closure of establishments by law in 2020 due to the COVID-19 pandemic. All lodging types will register decline in value sales for the year as a whole.
Among other lodging types, campsites, still representing the lowest level of lodging comfort, is expected to continue to perform best in 2020. With social distancing and health safety being major concerns for travellers, the outdoor nature of campsites is likely to offer them greater reassurance.
Recovery in value sales for lodging operators in the forecast period is likely to be slow. Fewer international guests are expected, and Austria might temporarily suffer some loss to its image as a winter destination.
Despite extensive governmental support for lodging operators for losses arising due to COVID-19-related measures, total lodging sites/outlets saw a significant decline in 2020 (for the first time since the economic crisis of 2008). Although a significant rise in the number of hotel outlets is anticipated during the forecast period, with more new brands likely to enter and notable new openings occurring, the total number of all types of lodging outlets is not expected to have recovered by 2025.
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This report originates from Passport, our Lodging research and analysis database.
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