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Country Report

Flows in

Flows in the Czech Republic

20 pages, Nov 2017

US$990

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Executive Summary

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TRENDS

Arrivals to the Czech Republic continued to see stable 3% growth in the number of trips in 2017. The country benefited from strong growth in arrivals from source markets in Asia in 2017 – mainly India, with 11% growth, China, with 8% growth, and South Korea, which grew by 4%. With a 20% CAGR over the review period, South Korea became one of the key source markets for the country. The Czech Republic benefited from its marketing activities in source markets and from the work of representative offices in these countries. During 2016, the marketing organisation Czech Tourism ran campaigns and activities in the country to attract inbound and domestic tourists to celebrate the 700th anniversary of the birth of emperor Charles IV.

PROSPECTS

The Czech Republic is expected to post stable growth in the number of arrivals, with a CAGR of 4% over the forecast period. Growth is expected to remain similar throughout the entire period, with no major fluctuations. There is no expectation of any specific one-off cultural or sports event, which would boost growth in the number of trips in a given year. Growth will evolve from marketing activities and good global recognition for the country. A major opportunity will continue to be the growth of tourists from Asian countries, which is where the global wealth is moving. The recovery of spas after the decline of Russian and Arab visitors is another opportunity. Themed events, such as baroque heritage, will pose further opportunities to attract tourists from the region, and from Europe overall.

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Samples

Travel Tourism Inbound Sample Report Travel Tourism Inbound Sample Data

Overview

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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Flows industry in Czech Republic with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Flows industry in Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The Flows in Czech Republic market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Flows in Czech Republic?
How dependent is Czech Republic on domestic tourism expenditure?
What are the most popular destinations for domestic visitors?
Which regions have the greatest number of star ratings?

Why buy this report?

Gain competitive intelligence
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Travel And Tourism market research database.

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