Vienna hotel room prices have declined dramatically, new figures show.International hotel comparison platform Trivago said today (Tues) the average price for a standard double room in the Austrian capital dropped by 17 per cent to 108 Euros per night this month compared to June 2010.Viennese hotel rooms however remain more expensive than the European average […]
Austrian Airlines (AUA) and Lufthansa are considering raising their ticket prices this summer, according to reports.Austrian business media write today (Fri) that tickets for continental flights by AUA will cost between 10 Euros and 20 Euros more from 1 July, while Lufthansa ticket prices will be upped by 22 June.Reports also have it that the […]
Italy and Croatia are neck-and-neck as Austrians most popular destination for car holiday trips.Motorist association Arbö said today (Weds) it expected and equal number (18 per cent) of Austrians to go by car to Italy and Croatia this summer.Germany comes second with a share of 10 per cent, while Austria itself is third with nine […]
Consumer watchdogs are expected to launch another scathing attack at energy providers at it emerged that energy and gas became more expensive in Austria while prices declined on average in the European Union (EU).Eurostat, the European Commissions (EC) statistics agency, announced today (Fri) that the average price for energy provided to EU households dropped by […]
Austrian oil and gas producer OMVs chief Wolfgang Ruttenstorfer has said he expects his firm to have much better results this year than in 2009.Ruttenstorfer said today that predictions were difficult at present, especially given the recent sharp decline in the price of OMVs stock, but said the plunging Euro would be “positive” for the […]
Last month saw inflation rise at its most dramatic rate in more than one year, official figures released today (Fri) show.State agency Statistik Austria reported inflation rose by two per cent in March compared to the same month of 2009, the highest year on year increase since developments in November 2008.Soaring car fuel and heating […]
The minimum price for a pack of cigarettes in Austria is a violation of EU guidelines, the European Court of Justice (ECJ) ruled today (Thurs).The ECJ said minimum prices were an inappropriate way to try and safeguard public health and suggested higher taxes on tobacco products would be more effective.The Austrian government had imposed a […]