Sunday, 20. April 2014
15. 11. 12. - 17:00
The hotel business in the Austrian capital is booming, with 23 hotel building projects either in action or planned.
The Ritz Carlton has already opened on Schubertring in Vienna's inner city and in mid December the next luxury hotel is already set to open its grand doors when Hotel Sans Souci behind the Volkstheater is unveiled. And insiders believe it will only be a matter of time until plans for hotels such as the Four Seasons or Kempinski are revealed.
Recent tourism figures have shown a rise in the number of overnight stays in the capital, with August seeing the highest figures for tourism. According to the Chamber of Commerce there are currently 56,000 hotel beds in Vienna and by the end of 2015 there will be almost 64,000 hotel beds. In recent years around 10,000 beds have been added.
Committee Chairman for Hotels at the Chamber of Commerce Martin Schick said: "In my opinion, the boat is already full. The luxury market in Vienna is already well catered for. So much has already been added and they need to sustain the current market before progressing."
The addition of further beds to the bed boom also depends greatly upon economical and political factors which could cause future problems. Of course, new luxury projects will be very good for a city because they bring with them regular guests and fans. "But all of these businesses will have to work alongside one another and this means that strong competition will develop", said Schick.
There is speculation over further hotel projects near Palais Schwarzenberg and Palais Auersperg. Schick said: "Luckily, we live in a country where such matters will alter the market and every investor has to decide whether it is a good or bad decision to go ahead with a project. I, for one, would not build any more."
Schick also commented on a developing trend in Vienna: building apartments in the upper level of hotels. He called this a "good and interesting change for investors" ans one can expect a square metre price of around 23,000 euros. Schick also commented that it would be a very interesting opportunity for investors to recover costs.
Pink Easter bunny helps Vienna art world pay tribute to Dürer
The Viennese art world has created its own version of the Easter Bunny – by making a giant sized sculpture of the famous Albrecht Dürer painting currently on display until 29 June as part of the exhibition "Dürer, Michelangelo, Rubens"
Pressure Group To Tackle Victims Of Austrian Officialdom
A group of businessmen fed up at the way companies are being squeezed not only by red tape but also by ever newer taxes have taken to the Internet to try and build up pressure for change.
First Hotel in Millstatt Celebrates 130th Anniversary on Summer 2014
Luxury hotel See-Villa in Millstatt, Carinthia opens its doors anew to welcome the 2014 summer season and celebrates its 130th founding anniversary in Austria's summer capital.
Austrian Teen Girls Become Pin Ups For Syrian Jihad
Interpol is searching for two Austrian teenage girls who they believe have been tricked into going to Syria to fight on the side of Islamic rebels.
As seen at Haydn Kino: The Amazing Spider-Man 2
Film review by Kostyantyn Steblovskyy
Schools Ordered To Save, But Also To Buy Expensive Scales
Austria's embattled finance ministry has been dragged into a new scandal after it emerged that at the same time as demanding schools save 57 Millionen Euros, they were also expected to find an additional 3 million to buy an approved set of weighing scales.
OAP Hunts Down THIS Hit And Run Cyclist
Does anyone recognise this cyclist? If so you can get yourself 200 euros, and do a good deed in the process.
Property price rise continues
The price of property in Vienna has now spiralled so much that every 4th apartment comes with a price tag of 500,000 or more. And every second flat costs 300,000 or more.
Free Staff For One Person Companies - But Only In NÖ
Since the beginning of the year one-man-companies, the so called "Ein-Personen-Unternehmen" in Lower Austria have been entitled to help in the form of a free assistant.
What is on at Burg Kino this week? (18 April - 24 April)
This week at the Burg Kino on the Opernring the following films are showing:
The most popular stories –
last 7 days
|Austrian Teen Girls Become Pin Ups For Syrian Jihad|
|Turtle flies from Vienna to India to try his luck with the ladies|
|Austria Accused Of Ignoring Giant Nazi Swastika|
|Muslim Brotherhood leader denies move to Graz|
|Two teenage girls go missing as they fly from Austria to fight in Syria|
Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.
Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.