Czech Republic

Further healthy current value growth is projected for the forecast period. The rising number of inbound tourists is driving growth, as very high car ownership limits the domestic car rental demand. Czech consumers use car rental services rarely, and ...

Leading charter brand Travel Service was rebranded as SmartWings at the end of 2018. The need to rebrand was exacerbated by Travel Service seeing a substantial decline in charter revenues, while scheduled airlines and low cost carrier flights saw ...

In 2019, hotels continues to see positive growth in terms of value sales, outlets and number of room nights in the Czech Republic. The higher numbers of inbound and domestic tourists, not least from China and other countries in Asia, underpin an ...

The authorities are starting to exert strong pressure on global online intermediaries and their services. For example, Airbnb is facing tighter regulations in Prague to combat towering rents. Therefore, Airbnb landlords will be more strictly ...

Travel in the Czech Republic continues to develop and grow in 2019, as a result of several converging factors: One of the main drivers is strong route expansion by airlines through Prague, which increases the connectivity of the Czech Republic with ...

The number of inbound arrivals is projected to grow steadily over the forecast period, albeit more slowly than over the review period. Wider air connections to the Czech Republic, strong marketing abroad and the perception of the Czech Republic as a ...

In 2019, volume growth continued to decline in every category of in-car entertainment in the Czech Republic. Ongoing and increasing use of smartphone navigation apps continued to impede volume growth of in-car navigation and improved quality of ...

According to the latest statistics published by the Czech statistical office, nearly half of Czech consumers buy their computers, laptops and tablets only on the internet, which is a far higher number compared to the rest of Europe. Czechs find it ...

In 2019, volume growth of home audio and cinema continued to decline despite affordable prices and rising purchasing power in the country; however, the decline only increased slightly over what was recorded in the previous year. A significant reason ...

The full transition to DVB-T2 broadcasting should be completed in the Czech Republic by February 2021, although the impact has been visible since February 2018, when the gradual switching of existing DVB-T began. Since then, many Czech consumers have...

Demand for high-quality, professional-type cameras, especially SLR cameras, continued to increase in the Czech Republic in 2019, but it could not even mildly compensate for the value/volume losses in the compact system cameras and fixed-lens cameras ...

Chinese brands continued to gain strength on the Czech market over the review period. With their highly stylish, technologically advanced new launches and increasingly attractive price spectrums, the leading Chinese smartphone players Huawei (with ...

Smart TVs, smart speakers, smart watches and of course smartphones are all seeing growing interest. In 2019 demand for smart electronics boomed in the Czech Republic, driven by dropping prices and a wide availability of connected devices across most ...

While volume growth of e-readers and portable media players continued to decline, volume growth of wireless speakers continued to rise in 2019, although not as rapidly as they did over previous review period years. Since they first appeared in the ...

Driven by both smart watches and activity watches, wearable electronics saw double-digit volume growth again in 2019. Demand for both types of watches has intensified competition amongst the top players and propelled rapid technological development. ...

After a decline in the previous year, total volume beer consumption in the Czech Republic experienced a positive development, which was mainly due to a long and hot summer. However, the amount of beer consumed in the on-trade continued to decline ...

Good summer weather helped to raise consumption of cider/perry in the Czech Republic in 2018. Sales were also stimulated by extensive promotional activities by the leading breweries in the country, which owned or distributed all the leading brands. ...

After a decline in the previous year, alcoholic drinks experienced steady growth in total volume terms in 2018. Beer and cider consumption was stimulated by the warm spring and hot and long summer. Cider was the most dynamic category, followed by ...

The total volume of spirits consumed in the Czech Republic rose only slightly in 2018, while total current value sales recorded a stronger increase, reflecting the fact that Czechs were consuming more premium imported products. With the rising ...

Local consumers drank more wine during 2018. Total wine consumption continued to see a dynamic development in the country, with sales recording a healthy increase. The local market has not reached its wine consumption limits and there is still ...