Competitiveness / Transport, Infrastructure and Tourism
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Two-thirds of drivers have not been affected by the COVID-19 pandemic and have plans to buy a new vehicle. Interest in gasoline engines continues to rise
The COVID-19 pandemic has significantly influenced new car purchasing plans for only 31% of Czech drivers
“Traditional” Czech drivers of cars with internal combustion engines are becoming more loyal to their favourite make of vehicle, preferring to visit multiple dealers of the same make. By contrast, almost half of those interested in alternative drive engines would visit multiple retailers of different makes during the purchasing process
When buying a car online, what 63% of respondents would miss most is the opportunity to see the car in person
Czech drivers would be willing to provide data for the purposes of determining the amount of insurance based on driving style and for the needs of municipal traffic and parking management
29% of respondents are considering buying an electric car; the make of the car is very important – they see it as an extension of their personality
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At Panattoni Park Stříbro, a Raben warehouse has been built at record speed
In less than four months, Panattoni, the industrial zones builder, has built a new hall at Panattoni Park Stříbro for Raben Group. Back in the spring, it seemed that it would take a small miracle for the schedule to be met. The developer had started construction work at the most difficult time, when the Czech Republic was imposing an extensive set of quarantine measures, and it also had to deal with delays due to archaeological research. However, thanks to the good coordination of the construction and the extreme commitment shown by the contractor, the 10,000 m2 building was finally handed over for use as originally planned.
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Europe: The impact of COVID-19 on the European hotel sector
There is no doubt that the COVID-19 pandemic has had a most dramatic effect on the hotel business throughout Europe and words like ‘unprecedented’ and ‘unique’ are used liberally to describe the situation. Performance data from STR for the first half of the year compared with 2019 show how dramatic the effect on the hotel sector has been with RevPAR since March 2020 nose-diving, with many hotels closing their doors.
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