AUSTRIA - TRAVEL AND TOURISM
Tourism is an important part of Austria’s services sector. In 1991 foreign tourists accounted for earnings of $192,4 billion, almost offsetting the negative trade balance and deficits in services or other accounts. Tourism is a principal industry and source of foreign exchange. In fact, Austria’s per capita tourist revenue is the highest in the world. Foreign overnight stays in Austria have risen consistently since World War II, from 50 million in 1950, to 59 million in 1970, and to 95 million in 1990.