Prague Hotel Market Data

Prague, Czech Republic — Europe

Market Snapshot

3-Star Average$75
4-Star Average$140
5-Star Average$290
Occupancy77%
RevPAR$108
YoY Growth6.5%
Hotels Tracked380
Competition LevelMedium
Peak SeasonMay-Sep

Market Insights

Prague remains one of Europe's best-value destinations, driving high occupancy. The city is successfully moving upmarket with new luxury properties. Growing popularity with Asian and Middle Eastern visitors diversifying source markets.

Regulatory Environment

Local accommodation tax CZK 50/night. Short-term rental registration required. Historic zone building conversion regulations. VAT on accommodation at 12%.

Recent Market News

Prague hotel market benefiting from value positioning in Central Europe. Record tourist numbers in 2025. New luxury conversions of historic buildings. Direct flight connectivity improving from Middle East and Asia.