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Austria: RTK survey shows expected losses

Article Abstract:

According to a survey by Round Table Konferenzhotels (RTK), 53% of hotels in Austria expect negative consequences following the terrorist attacks in the US on 11 September 2001and the subsequent economic fluctuations. Particularly larger conference hotels expect up to 35% less turnover. Mares Rossman, Austrian minister for tourism, commented that there had already been cancellations. In 2000 conferences and other events had a turnover of Sch 12.34bn, and for 2001 this is expected to rise to Sch 14bn.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Sales & consumption

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Austria: New star system for hotels

Article Abstract:

The Austrian hotel classification star system is to be overhauled to make the stars more representative of the quality of the beds and the breakfast, rather than the size of the entrance hall or the number of places in the restaurant. The new classification will be customer-service focused. The new system is to be used exclusively from the beginning of 2002. From 2003 hotels will have to pay a marketing supplement of no more than EUR 50 for the classification.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Product standards, safety, & recalls, Abstract

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Austria: Small turnover increase for hotels

Article Abstract:

Austria's three, four and five star hotels experienced only a small increase in turnover in August and September 2001 of 2%, bringing the total to Sch 12.9bn. Bad weather was blamed for the results.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Sales, profits & dividends

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Subjects list: Austria, Hotels and motels
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