The Prague Congress Centre has announced a 15 per cent increase
in total revenue for the last financial year.
The Centre reported record revenue of EUR24.5 million ($26
m), with the congress side of the business adding EUR 17.7m ($19m) to the
total.
“These financial results, particularly the increase in
short-term rental revenues, reflect the return to the trend of in-person
meetings, both for small corporate events and prestigious international
conference and congresses. Over the past two years, we have seen a considerable
rise primarily in scientific, medical, and technological events,” said Lenka
Zlebkova, CEO of the Prague Congress Centre.
“The only hindrance to securing more large-scale events is
the lack of a multifunctional hall. We firmly believe that the planned
investment will commence as soon as possible, allowing for further development
for the MICE industry in Prague.”
Throughout 2023, the Prague Congress Centre hosted 261 events,
including the 27th World Road Congress, which attracted more than
4,000 delegates from 120 countries, including 40 ministerial delegations.
In May 2024, Prague was ranked among the top five most
attractive Europeans congress destinations in the annual ICCA rankings and
currently holds the sixth position worldwide. “A significant part of the events
we host at PCC are political summits. After a series of political events during
our EU Council Presidency in 2022, we welcomed the EU member state’s parliamentary
presidents in April last year, and in October, we hosted representatives from
forty parliamentary chambers from around the world for the Crimea Platform
conference,” added Zlebkova.