Panorama
Positive business climate in South Tyrol's hospitality sector
According to a survey by WIFO, South Tyrol's tourism shows overall positive growth despite rising costs for many businesses.
Tourism in South Tyrol continues to develop positively, as shown by the summer survey of the Economic Barometer from WIFO ‒ the Institute for Economic Research of the Chamber of Commerce of Bolzano. Almost all surveyed companies in the hospitality sector assess their earnings situation as satisfactory.
Despite the positive business conditions, many companies report rising operating costs, particularly in energy. These developments could impact the economic situation of the businesses.
The Economic Barometer provides a comprehensive overview of the current situation in South Tyrol's hospitality sector and its outlook, with the majority of companies remaining optimistic. However, a clear need for action regarding rising costs is evident.