campus of the Vienna University of Economics and Business
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The economic impact of tourism

Vienna’s tourism industry generates direct and indirect value-creation effects for Vienna and Austria. Unlike in other industries, the generated value principally remains within the country and creates local job opportunities. One in every nine jobs in Vienna is associated with tourism. What’s more, in contrast to seasonal holiday tourism, city tourism creates year-round job opportunities.

REGIONAL TOURISM SATELLITE-ACCOUNT (RTSA)

Direct and indirect VALUE CREATION from tourism in Vienna

Vienna is committed to cultural tourism and the conference business, and there- fore to the most responsible and socially sustainable segments of the industry, which attract particularly high-spending guests. A typical conference guest will spend roughly twice as much in a day as an average visitor to Vienna. A long-term comparison revealed that one in every eight overnight stays in Vienna were associated with a conference or a company event. These visitors are hugely important in terms of job creation due to the associated high value creation (approx. € 1 billion a year) and they also enhance city as a location for business and research.  

Event organizers, associations and companies that hold meetings here can leave a visibly positive legacy on the city. Any meeting certified as a Green Meeting by means of the Austrian Eco-Label enables the organizers to make a contribution to sustainable conferences and company events. Vienna has already been certifying Green Meetings since 2011, with each certification carried out free of charge by the Vienna Convention Bureau.  

 

 

Logo: WACA Silver Certificate