Prague posts record results thanks to congress business

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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.

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