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Posted by Admin   

Czech Crown's rise against Euro > Apartment owners reducing prices! 

So now in the Czech Republic you only hear about the Crown's fast rise against the Euro and the fear of Czechs, mainly in the travel industry field. Is Prague becoming an expensive destination for travelers? That's how it seems but reality is different.

Czech Republic Art GalleryThis is a good slap for hotel or apartment owners and travel agents to wakeup and start behaving fairly to tourists, you can read in each forum or tourist board that Prague is just beautiful BUT Czech people are impolite, waiters, shop assistants and travel agents all suck. The Czech economy is very immature and such economical crisis is necessary as an experience to learn from..

Since 1989 many Czechs jumped directly from the Communist darkness into the travel field without any experience and even without any education, not even the politeness to smile at their costumers or say simple hello, for them tourists where just like merchandise or potatoes they deliver and get commission. So we all hope that this Crown crises will clean the market from these old fashion dinosaurs.

Hotel owner in Prague started raising the prices of accommodation during last few years without any strategy or logic, add to this the rise of VAT, add also the rise of Czech Koruna against Euro, Prague is todays quite the same expensive as Paris > nonsense!

The good news is that we are now receiving daily phone calls and emails from apartment owners offering special discounts trying to (at leasts) cover their expenses, well this is a bit delayed reaction from them but still a good news for travelers who will find good apartment bargains in Prague .

Today with empty rooms, Czech hotel owners will have three choices: Change the strategy and reduce the prices, sell their properties to more skilled people or simply go back to tourism school somewhere in Spain or Tunisia.

Comments
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Elen Prague  - You are right   |88.102.95.xxx |07-07-2009-08:38:04
You are right, and the problem does not hurt only foreigners, but Prague
insiders are hurt by this incredibly expensive' prices of everything as well.
Food, clothes, electronic and luxury goods are more expensive here than in
Berlin or Paris, and really, the fact beer is cheaper than water does not pay
off, when you have to pay rent. I hope this will change soon for the good of all
who live in Prague, but i am afraid the pricing will change rather later than
sooner
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