Return Expectations
With the exception of Prague, Carlsbad and Marienbad, tourism and the hotel sector in the Czech Republik have not been strongly developed. This is astonishing, since Czechs enjoy travelling at the weekends. This is encouraged by the good motorway system.
Investments in tourism and hotels exhibit a high rate of return. The hotel association reports an occupancy rate of 90% in Prague (EU average is 60%)
Cooperation with leading tour operators ensures that the hotel, apartments, and condominiums will be well booked year-round. This is also supported by the extensive range of available sports and wellness activates along with seminars and conventions. Apartments and condominiums will therefore realise a profit between 4% and 15% for investors, depending on the owner’s equity and percentage of individual use.
