PROSPECTS AND OPPORTUNITIES
New law threatens to undermine the growth and development of Airbnb
While Airbnb continues to lead lodging in the Czech Republic in 2024 its future growth and development has been thrown into uncertainty by a new draft law that passed in parliament in July. If approved by Parliament and the Senate this new law would give municipalities and cities the power to restrict how many days apartments can be rented for and also during what periods of the year.
Hotels expected to offer more services to increase revenue opportunities while turning to digitisation to reduce costs
Culture, spa and wellness, culinary and adventure tourism are all expected to grow over the forecast period. This should help drive demand for luxury hotels in Prague and spa resorts like Karlovy Vary.
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Overview:
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.
The Lodging (Destination) in Czech Republic report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Lodging (Destination) in Czech Republic?
- Which are the leading companies in Lodging (Destination) in Czech Republic?
- How are companies responding to the impact of COVID-19 and accordant travel restrictions?
- How severe is the scale of the damage?
- Which travel sectors are proving the most resilient?
- How soon can recovery be expected?
- What are companies doing to innovate and future-proof against the crisis?
Lodging (Destination) in the Czech Republic - Category analysis
KEY DATA FINDINGS
A bright performance from lodging in 2024 but there are signs that it is not fulfilling its potential
Hotels look to encourage direct bookings to save on costs while Airbnb remains on top
New law threatens to undermine the growth and development of Airbnb
Hotels expected to offer more services to increase revenue opportunities while turning to digitisation to reduce costs
Travel in the Czech Republic - Industry Overview
Travel in 2024
Airlines: Key trends
Hotels: Key trends
Booking: Key trends
What next for travel?
DISCLAIMER
The following categories and subcategories are included:
Lodging (Destination)
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- Luxury Hotels
- Upscale Hotels
- Mid-Market Hotels
- Budget Hotels
- Unrated Hotels
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- Hotels Online via Direct
- Hotels Online via Intermediaries
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- Hotels Offline via Direct
- Hotels Offline via Intermediaries
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- Short-Term rentals Online via Direct
- Short-term Rentals Online via Intermediaries
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- Short-term Rentals Offline via Direct
- Short-term Rentals Offline via Intermediaries
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- Campsites
- Hostels
- Other Lodging Types
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- Other Lodging Online Direct
- Other Lodging Online Intermediaries
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- Other Lodging Offline via Direct
- Other Lodging Offline via Intermediaries
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- Lodging (Destination) Online via Direct
- Lodging (Destination) Online via Intermediaries
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- Lodging (Destination) Offline via Direct
- Lodging (Destination) Offline via Intermediaries
Lodging (Destination)
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 definitionsWhy buy this report?
- 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
This report originates from Passport, our Lodging (Destination) research and analysis database.
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