As of the late winter season of 2009 it has become obvious that the Austrian tourism industry can no longer escape the effects of the slowdown in international demand. Consequent to lagging adjustments to negative income and labour market expectations, the steep decline in tourism demand is expected to be further exacerbated throughout 2009. In 2009, the effects of the international credit crunch and economic crisis and the resultant slump across all sectors of the economy will cause international demand for foreign travel in the EU 15 to drop by 4.5 percent in real terms, although the decline should slow down significantly in 1010 ( 1 percent).
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 82 (2009) Issue (Month): 3 (March) Pages: 195-208 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF