Budget hotels will end the forecast period with fewer sites/outlets than at any time in review period, seeing steady decreases throughout. Luxury hotels will see zero growth in terms of sites/outlets during the forecast period, thanks partly to saturation, while upscale hotels will post only low growth and will fail to fully recover to pre-pandemic levels by 2027.
Players within lodging are going to have to adapt to evolving demand and a changing traveller profile. Travellers are both increasingly demanding but also more price-sensitive since the beginning of the pandemic, with rising costs in energy and food continuing to prompt consumers to watch their budgets more closely.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Czech Republic with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Czech Republic, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.See All of Our Definitions
This report originates from Passport, our Lodging (Destination) research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!