Study: Austrian Thermal Market Saturated

CompaniesRetail & Consumer ♦ Published: November 19, 2010; 10:21 ♦ (Vindobona)

The regional management Burgenland has commissioned a study on the regional thermae. The offer is currently exceeding the demand.

Study: Austrian Thermal Market Saturated / Picture: ©

Burgenland is the destination for about 25% of all overnight stays in Austria's thermal areas. In the study were analyzed in particular the thermae Stegersbach, Lutzmannsburg, Bad Sauerbrunn and Bad Tatzmannsdorf. From 1995 to 2007, 355 million euro were invested in the construction and enlargement of the thermae. Of these, 33% were public subsidies from the EU, the Federation and…