The Czech Republic Hotel Industry Outlook 10/2021

Key Market Indicators

Czech hotel occupancy levels rose to 43 percent in October 2021, up from 39.6 percent in September of the same year. This is an increase of 3.5 percent compared to the same period in 2020. By 2026, the Czech Republic is expected to have 140,620 hotel rooms available, up from 131,370 in 2021. This would represent an average annual growth rate of 0.6 percent since 1998, when the number of rooms was actually 0.9 percent lower than the previous year. Currently, the Czech Republic is ranked tenth in terms of the number of hotel rooms available, with Portugal being the top country in the ranking. The United Kingdom, Germany and Spain come second, third and fourth, respectively.

The Czech Republic Hotel Market Data and Forecasts

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