Strong tourism fundamentals behind record levels of hotel investment

  • In 2016 around EUR 711 m invested in Austrian hotel properties
  • Overnight stays in Vienna recognized an average annual increase of ca. 6% since 2010 and reached around 13.5 m in 2016.
  • 2,308 new hotel rooms are due to be completed until 2019
  • Investors benefit from wider availability of operating structures in Austria