The higher the mountains, the more expensive the real estate
Report for investors and tourism experts: USA and Switzerland beat Austria
Autor
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.
Verwandte Artikel
Both summer and winter are changing
Austria's tourism industry presents itself as a steady ship in choppy seas. Climate change, wars and economic slumps in the most important source markets are apparently making little impression on the industry. Despite unbroken demand, small changes in the summer show the pressure on the upcoming winter business. The change in supply is here.
A toxic mix
If there is still major investment in Austria's Alpine regions, it is in holiday apartments. The hotel landscape, on the other hand, is shrinking, and the restaurant industry is even on a path towards end of life. Austria's hoteliers are in no way content with these trends. Like Falkensteiner, they are looking for alternative forms of financing and new F&B solutions.