Mr and Mrs Austrians do not want to miss their holiday in 2023 despite high inflation. Despite the general cost explosion, nine in ten respondents want to travel in 2023. The average budget is 1700 euros. Early bookers can save up to 40 percent.
For the entire holiday year, the respondents estimate an average of about 1700 euros per person this year, which is about 150 euros more than last year. According to their own statements, the price increase has an “absolute” effect on 61 percent, only 24 percent “don’t feel it”.
The desire to travel is unbroken, but at the same time savings are made. 16 percent want to use early booking discounts, so book before the end of April. Another 16 percent plan to postpone their vacation to the low season. Outside of peak season, you can save “about 15 to 20 percent,” says Ruefa executive Michele Fanton.
15 percent do not want to save on holiday
This year, 14 percent prefer cheaper accommodation and 14 percent want to be more frugal when it comes to spending locally. Some want to travel less often (13 percent) or opt for cheaper destinations (12 percent). 10 percent hope for last-minute offers and 9 percent want to shorten the length of their holiday. 15 percent said they would like to save elsewhere, not on vacation.
Every fourth person plans a holiday, more than half want to travel two or three times (33 or 24 percent), 15 percent even more often. In general, the respondents want to travel an average of 18 days, of which 11 days are reserved for the main holiday. “The main holiday is one day shorter than before the pandemic – the trend of short holidays is here to stay,” Fanton noted.
A quarter (27 percent) of the respondents will have a maximum of 500 euros available for their holiday in 2023, another quarter (25 percent) up to 1,000 euros. 12 percent plan to spend up to 1,500 euros per person, 13 percent up to 2,000 euros, 11 percent up to 3,000 euros and 12 percent more.
Vorarlbergers spend the most money
Respondents in the states of Vorarlberg (2,025 euros) and Tyrol (1,932 euros) have the most money for holidays, followed by Niederösterreich and Burgenland (each 1,880 euros) and Vienna (1,812 euros). This is followed by Salzburg (1,701 euros) and Upper Austria (1,585 euros). Carinthia (EUR 1,371) and Styria (EUR 1,249) form the rear.
23 percent of those surveyed are also planning a long trip this year – for Corona that was 28 percent. The most coveted are the USA, Thailand, the Dominican Republic, Australia and Japan.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
