Czech Republic Tourism Report Q2 2016

Date: February 10, 2016
Pages: 29
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: C02118A8945EN

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Includes 3 FREE quarterly updates

BMI View: The tourism market in the Czech Republic is small but well established. The capital city Prague is home to a multitude of attractions and has long been popular as a short break and city break destination for visitors both from neighbouring states and across Western Europe. While arrivals from markets further afield are relatively small in comparison, some major Asia Pacific source markets are expanding, and this region will become a key focus for driving long-term growth in the Czech tourism market. In the short term, economic weakness in key European markets will dampen regional growth potential, while arrivals from other markets, such as the United States, are expected to fall as visitors are drawn to other European destinations. Indeed, it will be a highly competitive travel year that sees France hosting the UEFA Euro Championships.

Key Updates And Forecasts

In line with weakness in the eurozone and economic uncertainty in China, we have revised downwards our short-term forecasts for inbound arrivals to the Czech Republic and now expect to see an overall decline of 0.3% in arrivals in 2016. We are, however, maintaining our medium term growth forecasts and by 2020 arrivals will recover well to reach 8.8mn with the market benefiting from extensive government support.
BMI Industry View
  Table: Key Forecasts (Czech Republic 2013-2020)
Industry Forecast
  Table: Inbound Tourism (Czech Republic 2014-2020)
  Table: Tourism Receipts (Czech Republic 2014-2020)
  Table: Hotel Accommodation (Czech Republic 2014-2020)
  Table: Tourist Departures And Consumption (Czech Republic 2013-2020)
Industry Risk/Reward Index
  Table: Central And Eastern Europe - Tourism Risk/Reward Index
Security Risk
Market Overview
Competitive Landscape
Domestic Hotel Groups
  Table: Czech Republic - Domestic Hotel Groups
International Hotel Groups
  Table: Czech Republic - International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: Weighting Of Indicators
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