Prague, successful alchemy

8 min reading time

Published on 03/01/05 - Updated on 17/03/22

After two difficult years, Prague is recovering. A short-stay city by excellence, its economic development is opening up to many more fine perspectives following the Czech Republic’s entry into the European Union. Contrary to its neighbours Budapest and Warsaw, it does not suffer from over-capacity.

All is going better along the banks of the Vltava. Prague experienced an excellent tourist year 2004 and the RevPAR is taking off. Membership to the European Union attracted more business clientele to the Czech capital. Now in the limelight, what André Breton called “the magic capital of Old Europe”...

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