Press Releases

The gradual recovery of the tourism sector – also among European tourists – started in late summer. However, domestic travellers remain the mainstay of the tourism industry, while overseas markets are recovering only very slowly. KOF’s in-depth analysis reveals that the para-hotel sector on the whole has come through the coronavirus crisis better than the hotel sector. KOF expects its tourism forecasts to gradually return to normal over the coming winter and summer seasons.

Although the situation in the tourism industry has improved since the summer, this sector is now facing severe headwinds again. KOF expects around one-third fewer European guests to come to Switzerland in the winter season than last year. Tourists from overseas markets will mainly stay away. The total number of overnight stays is likely to fall by 30 per cent this winter. The sector is expected to suffer a loss of more than 10 billion Swiss francs for the 2020 tourism year as a whole.