Tourism is an important driver of the Austrian economy. The sector is estimated to have directly contributed EUR 20.3 billion or 4.3% of total GDP in 2023, more than double the amount of 2021 (EUR 8.9 billion) but still short of pre-pandemic levels of EUR 21.9 billion or 5.5% of GDP in 2019.
Austria counted 217 500 employees connected to accommodation and restaurants, contributing to 5.6% of total employment in 2022. International travel receipts reached EUR 19.1 billion in 2022, or 23.9% of total service exports – this is almost double the amount of 2021 (EUR 10.5 billion or 14.8% of service exports) but still below 2019 levels (EUR 22.9 billion or 29.9% of service exports).
The number of international tourist arrivals recorded in all accommodation establishments (commercial and private) in 2023 was 30.9 million, or 97% of 2019 levels. This is up 144% from the lowest of the pandemic, in 2021. Germany remains the top international source market, accounting for 52% of overnight stays, followed by the Netherlands (10%) and Switzerland (4%).
Domestic tourist arrivals in paid accommodation totalled 14.3 million (a 99.9% recovery on 2019 levels), with 39.9 million bednights registered (99.9% on 2019 levels).
Latest forecasts by the Austrian Institute of Economic Research from May 2024 expect around 81.5 million overnights for the summer season 2024, a 3.3% increase compared to the same period in 2019. However, tourism revenue in real terms is expected to stay below 2019 levels, due to continuously high inflation and visitors spending less money.