The friend of SMEs
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The friend of SMEs

Salzburg's biggest source of funding for tourism is a bank: Raiffeisen

Brandlhof Saalfelden_16-9_c Brandlhof
The Brandlhof in Saalfelden, a family-run hotel with a success story. In the Salzburg region, a major bank supports SMEs. / © Brandlhof

According to the Raiffeisenverband Salzburg (RVS) bank, it finances 70 percent of the region’s tourism businesses and even owns hotels itself. Many hoteliers don't like this: Who wants to lay all their cards on the table for their competitors? The bank's money is also being channelled into tourism infrastructure such as cable cars.

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Autor

Fred Fettner

Fred Fettner

is a profound expert on Austrian tourism. He writes books, travel stories, ski guides and a quarterly. The ski enthusiast's favourite travel destination is the Far East.

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