KOF Forecasts of Tourism in Switzerland
Tourism is an important pillar of the Swiss economy, especially at regional level. Long-term trends and changes in the guest structure are of great importance for these regions. Therefore, it is critical to recognise changes at an early stage.
KOF has built up a broad knowledge base in the field of tourism over several years and has continuously improved and expanded its forecasting methods. The tourism forecast is based on a large number of macroeconomic variables developed by experienced researchers in the areas of inflation, the labour market and economic growth. In addition, high-frequency indicators are used to forecast the logistic demand.
Twice a year, at the beginning of the summer season in May and at the beginning of the winter season in October, the results of the KOF Tourism Forecast and selected international tourism indicators are published.
Trend in overnight stays (including forecast)
News
Swiss tourism remains on track
The Swiss tourism sector will continue to grow during the winter season. According to the KOF Tourism Forecast, Swiss guests and travellers from overseas markets such as the US will be the main drivers of the increase in overnight stays.
Swiss tourism benefiting from stable domestic demand and growing overseas markets in summer
Following a record winter, Swiss tourism will continue to grow this summer. KOF expects overnight stays to increase by 0.4 per cent. The main reasons for this are the brighter outlook for the global economy, rising demand from overseas markets, and stable domestic demand. While the trend in the numbers of guests coming from Europe remains subdued, visitors from the United States and China in particular are providing a boost.
KOF Tourism Forecast: solid visitor numbers in winter
KOF is forecasting an increase of 270,000 overnight stays for the coming winter. This growth will be driven by both domestic and overseas guests. KOF expects to see a slight decline in overnight stays in the summer of 2024.
Swiss tourism shown to be crisis-proof
The tourism industry in Switzerland has managed to overcome the pandemic-related disruption and will continue to grow during the 2023 tourism year, according to KOF’s forecast. The domestic tourism sector is proving robust in the face of the slowdown in the global economy.
COVID-19 pandemic, war in Ukraine and appreciation of the Swiss franc: impact on tourism in Switzerland
Much higher energy prices and the threat of recession abroad are depressing sentiment in the tourism industry. However, KOF expects to see growth in overnight stays thanks to the ongoing recovery from the pandemic and the strength of domestic tourism.
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8092
Zürich
Switzerland