May

This year’s KOF Tourism Forecast is characterised by several one-off effects. For example, the Omicron wave of COVID-19 slowed the rapid recovery of the tourism sector during the winter. There are currently fewer guests from eastern Europe as a result of the war in Ukraine. In addition, the weakening of the global economy is expected to have a negative impact on tourism demand. Despite all of this, the recovery that began after the pandemic will continue and will generate growth.