Forecast: Foreign Tourists Arrivals at Hotels in Austria

Foreign tourist arrivals at hotels in Austria are forecasted to decline from 14.621 million in 2024 to 14.224 million by 2028. This represents an average decline of approximately 0.68% per year over these five years, known as the Compound Annual Growth Rate (CAGR). Comparing year-on-year variations, the arrival numbers are forecasted to decrease by approximately 0.7% each year. In 2023, foreign tourist arrivals stood at 14.721 million, reflecting a trend of slight decline over the timeframe.

Future trends to watch for include potential impacts of geopolitical tensions, changes in visa regulations, and fluctuations in the global economy, which could either alleviate or exacerbate the decline in tourist arrivals. Additionally, sustainability trends and climate change-related factors may influence travel preferences and destinations, potentially affecting Austria's tourism sector.