The four were part of a 17-member group from the Netherlands on a ski touring excursion near the renowned resort of Soelden, together with four Austrian guides.
"There are three fatalities," a police spokesman told AFP.
A fourth Dutch person was rescued and flown to hospital, according to police, who did not immediately have further details as to the victims' identities.
Avalanches are a recurring threat in Europe's mountain ranges and have claimed hundreds of lives in recent decades.
About 20 people a year have died on average over the past decade from avalanches in Austria, a top Alpine winter sports destination.
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