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Austrian Tourism Operators Continue to Invest Heavily

Published: January 10, 2011; 21:24 · (Vindobona)

Investment in the tourism business is estimated at € 5.0bn for 2011. The previous year’s level will therefore be maintained.

Austrian Tourism Operators Continue to Invest Heavily / Picture: © Tourism Carinthia

In the previous year, Austria's tourism operators registered strong investment growth: 10% more than in 2009 was invested. The total volume is expected to reach again € 5.0bn this year, due to the current favorable financial situation.

Austria's tourism operators obtain financing not only on the capital market, as the ÖHT (Österreichische Hotel- und Tourismusbank - Austrian…

This article includes a total of 242 words.

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