"Czech Republic Tourism Report Q1 2016" Published

The Czech Republic has a well-developed yet unbalanced tourism market, with a high level of inbound arrivals but an over reliance on Prague as a city break destination. G rowth is expected to remain steady, but in order to increase the future potential , more must be done to grow tourism and awareness of tourist facilities outside of traditional areas. Strong government support and the expansion of travel infrastructure will help the industry in this endeavour.

Inbound arrivals are set for steady yet unspectacular growth between 2015 and 2019, although this is significantly improved compared to a decline between 2013 and 2015. Economic concerns in the eurozone have damaged consumer confidence and delayed large expenditure on investment and international travel in key source markets, but we expect this to pick up significantly in the coming years. Strong marketing campaigns and improved future relationships with Russia will also help attract more tourists over the forecast period.

Full Report Details at
- http://www.fastmr.com/prod/1062435_czech_republic_tourism_report.aspx?afid=301

Ultimately Prague is going to remain the key destination for inbound arrivals into the country, as it currently dominates both total number of visitor stays and international investment. The development of secondary cities such as Pilsen is important, but alternative holidays such as skiing or trekking would help boost areas outside of the capital in the medium-to-long term. Medical tourism (both traditional spa holidays and medical treatment trips) are also an area of potential growth in the future.

The Czech Republic Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Czech Republic Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Czech tourism industry.

Key Benefits

* Benchmark BMI's independent tourism industry forecasts for Czech Republic to test other views - a key input for successful budgetary and planning in the Czech tourism market.
* Target business opportunities and risks in the Czech tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Czech Republic.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

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