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Learn moreOct 2020
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State of emergency restrictions were first introduced in Czech Republic in March 2020 and resulted in the closure of nearly all lodging establishments, spa facilities, and travel agencies. The tourism sector was stopped in its tracks at exactly the time operators would usually be preparing for the upcoming peak summer season.
Global travel restrictions caused a sharp drop in previously rapidly rising Asian source markets to Czech Republic. CSA-Czech Airline’s Prague-Seoul flights were grounded in March 2020, and the Prague-Shanghai service was cut from five to four times a week.
Small and mid-size businesses face an uncertain short-term future which includes the real possibility of irredeemable losses and bankruptcies, and the Czech government’s protection plans may not be sufficient to save them all. Professional associations of tourism, hotels and restaurants claim that the government has not taken seriously the urgency of the situation for many companies, and that support has been slow and scant.
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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:
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This industry report originates from Passport, our Travel And Tourism market research database.
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.