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In this blog post, we’ll dive into one of the DACH region’s key markets, Austria.
Read on to get key insights into this fascinating market!
Austria’s hotel market
Austria is an exciting and diverse hotel market, with a range of properties from mountainside bed and breakfasts to urban luxury hotels.
The country is also experiencing a rise in sustainably-minded accommodation, with a range of eco-resorts popping up each year.
Austria’s hotel market is estimated to be at US$2.48bn in 2024, and is projected to grow at a rate of 4.16%. This will result in a market volume of US$3.04bn by 2029*.
Austria’s best new hotel projects
Mandarin Oriental Vienna
The Mandarin Oriental Vienna will be housed in a heritage building which served as the city’s commercial law court for nearly a century. The extensive reconstruction is destined to revive the storied building by blending its cultural heritage with innovation. The 30.000 sqm project aims to set a new standard for 21st-century architecture and hospitality in Austria. The hotel will also contain 25 serviced residences.
Location | Vienna, Austria. |
Phase | Conversion |
No. of rooms | 163 |
Schedule | Q2 in 2025 |
Star Rating | Five star |
More details | https://tophotelprojects.com/constructions/mandarin-oriental-vienna/?utm_source=thp&utm_medium=blog-post&utm_campaign=project |
InterContinental Vienna
The 60-year-old InterContinental Wien will be undergoing extensive renovation, with the Heumarkt project envisaging a new building for the famed hotel.
Location | Vienna, Austria. |
Phase | Planning |
No. of rooms | 480 |
Schedule | TBC |
Star Rating | Five star |
More details | https://tophotelprojects.com/constructions/intercontinental-wien/?utm_source=thp&utm_medium=blog-post&utm_campaign=project |
Six Senses Hotel Kitzbuhel Alps
Set in the breathtakingly picturesque Austrian Alps, Six Senses Kitzbuehel Alps showcases its stunning environment through all seasons. The resort village features guest rooms and suites plus private Six Senses residences for sale, including freestanding top of the line chalets. The overall design concept is a modern interpretation of traditional Austrian design.
Location | Kitzbuhel, Austria. |
Phase | Under Construction |
No. of rooms | 77 |
Schedule | Q2 in 2026 |
Star Rating | Five star |
More details | https://tophotelprojects.com/constructions/six-senses-hotel-kitzbuhel-alps/?utm_source=thp&utm_medium=blog-post&utm_campaign=project |
Sources:
*https://www.statista.com/outlook/mmo/travel-tourism/hotels/austria