New Consumer Goods market report from Euromonitor International: "Tourism Flows Domestic in Austria"
Boston, MA -- (SBWIRE) -- 01/21/2015 -- While Austrians are generally fond of travelling abroad for holidays, towards the end of the review period increasing numbers of Austrian people displayed a strong preference for travelling within their own country. While travel to destinations abroad is generally planned months in advance and often includes trips in excess of two weeks in duration, domestic destinations are more popular for shorter leisure holidays of up to seven days. Many Austrians have discovered that domestic travel is a more favourable option for short trips as there is no need to prepare for the trip several months in advance as it is possible to decide upon a 3-day or 4-day domestic trip reasonably spontaneously.
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Over the forecast period, tourism flows domestic in Austria is expected to increase at a CAGR of 2%, the total number of domestic trips set to reach 13.7 million by 2018. A slight slowdown is expected in growth in domestic tourism flows in Austria during the forecast period, a trend which is likely to be due to the increasing numbers of Austrians travelling abroad more regularly, many of whom are taking longer holidays when heading abroad and preferring to take one-day city breaks whilst travelling within their own country. With the stable economic situation in Austria and the increasingly rich travel and tourism offer in the country, the majority of Austrians are expected not to face financial constraints when it comes to taking domestic leisure holidays and travelling within their own country.
Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Domestic industry in Austria with research from Euromonitor's team of in-country analysts.
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The Tourism Flows Domestic in Austria market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation
- Historic volumes and values
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Tourism Flows Domestic in Austria?
- How dependent is Austria on domestic tourism expenditure?
- What are the most popular destinations for domestic visitors?
- Which regions have the greatest number of star ratings?
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