In Q3 2025, Prague recorded a slightly stronger performance compared to Q3 2024. The Czech capital experienced a 1.4% increase in occupancy and 3.5% rise in ADR (Average Daily Rate), resulting in a 5% year-on-year growth in RevPAR (Revenue Per Available Room).
Since the beginning of 2025, 559 rooms have been added to Prague’s room inventory. The development pipeline for the remainder of the year appears limited, with only 28 rooms expected to open by the end of 2025.
- According to the latest update of Oxford Economics, Prague is projected to reach 19.9 mil Nights in paid accommodations in 2025; an increase of 8.8% compared to 2024 and 7.4% above 2019 levels. A continued recovery of the international demand signals a potential for sustained demand in the upcoming years, and a potential for a higher ADR base.
- When it comes to transactions, 6 properties totalling 1,550 rooms have been changed hands in Prague since the start of 2025. The total transaction volume reached ca. EUR 493 mil., already 508% higher than the full-year volume recorded in 2024.
- The transactions completed so far in 2025 were driven by domestic capital, reflecting strong investor confidence in the local hotel sector and a strategic emphasis on tourism recovery, regional travel trends, and long-term asset repositioning opportunities.