Hotels and accommodation facilities report steep drop in profit in Q1

11-05-2020

Hotels and accommodation facilities report a steep drop in profit in the first quarter as a result of the coronavirus pandemic.

The number of guests in Czech hotels, boarding houses and camps reached 3.1 million in the first quarter, largely thanks to visitors who arrived in the first two months of the year, before the coronavirus restrictions closed accommodation facilities.

This represents a 22.2 percent drop compared to the same period last year. The number of overnight stays decreased by 16.7 percent year on year to 8.9 million.

The number of German visitors dropped by 17.4 percent as compared to the same period last year, the number of Polish tourists was down by 15 percent, the number of Italians visiting dropped by 40 percent and the number of Chinese and South Korean visitors was down by a half.