Hotel investments in Czechia surge to record levels

Hotel sales in Czechia reached €764 million last year, roughly CZK 18.7 billion, marking a fivefold increase compared to 2024. A total of 16 hotels were sold, with more than three quarters of the transactions taking place in Prague, according to Cushman & Wakefield. The figures surpass the previous peak recorded before the Covid-19 pandemic in 2019. Major deals included the sale of Hilton Prague and Vienna House Diplomat Prague to Czech investors. The strong growth reflects rising investor interest, with Prague now ranking among the 15 most attractive European cities for hotel investment. Tourism also increased, with more than 23.5 million guests staying in Czech accommodation facilities last year.