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Tourists in Prague have not diminished, but hotel sales fell sharply

By estimates of Mag Consulting Agency the revenues of hotels in Prague
dropped by 15% in the summer. Loss of tourists in Prague was not as dramatic
as it showed in the first half. A decrease was not more than 4%. The
reason for lower revenues is that tourists often shortened length of stay,
moreover price war is raging between the hotels.

„In August we guess that number of guests could be in terms of numbers
of people better than last year, similarly develops September,“ said the chies
of Mag Jaromir Beranek. This is confirmed by some hotels representatives.
For example in five-star hotel Sheraton the occupancy supposedly has
improved to 60% during a holiday last month, but prices in some cases fell
to 100 Euros per night. Some five-star hotels going Loir with the price.

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