Basic Study

A recent study of the IWI Institute (Industriewissenschaftliches Institut) Vienna shows that 95% of tourists consider a historical ambience a major factor of their decision to visit a town or city. Investments into historic objects in Austria secure directly 1960 full-time employments and indirectly approx. 27.000 full-time employments. The anticipated added value is estimated at around 1.65 billion EUR just for Austria. Heritage is, for example, the largest motivator for domestic and international tourism in the UK, where tourism is the 5th largest sector by GDP, and has one of the highest economic growth potentials of all sectors. Heritage also performs a vital role in helping to define a community’s sense of place/civic pride and also in attracting inward investment.
 

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Project Partner

MODI-FY is an Erasmus+ project

This project has been funded with support from the European Commission. This communication reflects the views only of the Modi-fy consortium, and the Commission cannot be held responsible for any use which may be made of the information therein.