How Tourism is Promoted in Austria

The “Digitalization Strategy for Tourism” launched by the Austrian Federal Government and the Federal Economic Chamber supports the digital transformation, partnering with companies by offering relevant service, training and consulting services on their path into the digital future.

Austrian Tourism Bank (ÖHT)

Österreichische Hotel- und Tourismusbank Gesellschaft m.b.H. (ÖHT), the Austrian Tourism Bank, is a specialized financial institution focusing on the financing and promotion of investments in the field of tourism. In this way, it makes a significant contribution towards shaping the development of Austria’s tourism and leisure industry. In 2016, the bank provided financial assistance for a total investment volume of more than EUR 660 million. In addition to financing based on low-interest loans, ÖHT also offers pre-financing of export subsidies.

In addition to federal funds, the investment promotion measures also involve financing by the European Union, the ERP Fund and the European Investment Bank.

 

Please find more on Tourism in Austria here.