Czech hotels and other accommodation facilities saw a record number of tourists in the second quarter of 2019. According to data released by the Czech Statistics Office on Thursday, the overall number of tourists accommodated in Czech hotels, bed and breakfasts and campsites reached 5.8 million, which in an increase by 4.9 percent on the previous year.
Czech hotels and other accommodation facilities saw a record number of
tourists in 2018. According to the data released by the Czech Statistical
Office on Thursday, the overall number of tourists accommodated in Czech
hotels, bed and breakfasts and camps reached 21.3 million, which is an
increase of 6.4 percent on the previous year.
The number of overnight stays in the Czech Republic increased as well, reaching over 55 million. Over 10.6 million foreign tourists visited the country last year. The biggest number came from Germany, followed by visitors from Slovakia, Poland and China.
Some 145 hotels and pensions in Prague, Brno, Olomouc, Karlovy Vary and
newly in Ostrava are taking part this Friday in the third annual “Night
of Hotels” event, which offers discounted room rates to residents.
The main aim of the “Night of Hotels” event is to thank local residents in areas with heavy tourism, so they too can experience a city stay. Guests are also offered special discounted tours, including to sites not generally open to the public.
Building owners and housing co-operatives are demanding government help in enforcing and expanding their rights to collect payments from errant tenants or allow for their eviction, or force the sale of flats to cover debts. Many housing co-operatives across the country face bankruptcy, the groups say, due to tenants’ and co-owners’ failure to pay utility and other bills.
Prague is one of the most popular tourist destinations in Europe. However, though visitor numbers are rising, the occupancy rate of the city’s hotels in July fell by over four percent. According to the Czech Association of Hotels and Restaurants, shared accommodation platforms, such as Airbnb, are mainly to blame.
The occupancy rate of Prague hotels in July fell by 4.4 per cent in annual
terms. Members of the Association of Hotels and Restaurants say the boom in
shared accommodation services, in particular via Airbnb, is behind the
drop, according to a survey by the ČTK news agency.
Airbnb’s share of overnight stays in Prague stood at 14.7 per cent last year, up 4.7 per cent from 2016. The areas renting out the most flats via shared accommodation are the historical quarters of Nové Město and Staré Město, and the district of Žižkov.
The number of guests staying in the Czech Republic through Airbnb last year rose 52 per cent to 1.02 million. Corresponding figures for its competitors Flipkey, HomeAway, House Trip, Vacation Rentals and Vrbo were not released.
Consumer prices in June rose 2.6% year on year, driven by higher costs for
fuel, electricity, and household rent, the Czech Statistical Office said on
Wednesday. Prices for telecommunications, clothing and heating fell in
annual terms. Inflation has accelerated for a third consecutive month,
following a growth rate of 2.2% y/y in May.
Some analysts predict the Czech National Bank will again intervene to stem inflation by increasing key interest rates. On 27 June, the central bank raised rates for a fourth time in just under a year, setting the two-week repo rate a 1% from 0.75%.
The country’s economy continues to accelerate and record-low unemployment is pushing up wages. Another unexpectedly strong inflationary factor has been the weakening of the crown against major world currencies. The crown is now at its lowest level against the euro in nearly a year, at CZK 25.9/EUR.