BMI View: The Czech Republic Tourism industry is still affected by the ongoing economic uncertainty in Europe. However, despite this, there is still a great deal of investment potential for large tourist industries, particularly as rising incomes across Russia and the wider CEE region benefit the Czech Republic’s tourism sector over the medium term. The Czech Republic’s tourist industry performed strongly in 2012. Information from the Czech Statistical Office showed that the number of guests staying overnight in collective accommodation over Q312 rose by 7.8% y-o-y (non-residents up by 12.6% and residents up by 4.1%). This ties in with BMI’s …
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