He opened a new hotel at the O2 arena in Prague, and is used by the first guests from today
Updates: 11/1/2021 2:31 PM
Released: 1.11.2021, 14:31
Prague – A new hotel called Stages Hotel Prague was opened today at the O2 arena in Prague. Offering 300 rooms, the first guests have already stayed. The hotel has a bar and restaurant, which targets mainly local clients – ie people who live in the area or participate in some of the events held in the O2 arena or O2 universe. The owner of the hotel is the company Bestsport from the investment group PPF, which also operates both multi-purpose halls. This was stated today at the grand opening of the hotel director Otakar John and the director of strategic projects of PPF Ladislav Chvátal.
Construction of the hotel began in June 2019, with an investment of about 1.4 billion crowns. The bestsport hotel is operated under a franchise agreement with Marriott International.
According to John, operation in the form of a franchise has been the only option since the beginning. “Three hundred rooms in this location is a relatively big challenge. It is very common for hotels, which are mainly connected to conference and congress centers, to take advantage of cooperation opportunities, either in the form of being operated or at least on the basis of a franchise agreement. with an efficient hotel chain, “he said.
The Stages Hotel Prague has four standard rooms, with apartments on the top floor. According to John, he received the first individual hotel at the end of August, the guest booked accommodation for July next year. “The average price of a room is difficult to determine. But we very much anticipate that prices will range from 2,000 to 5,000 crowns per room per night,” said John. The hotel also offers congress facilities for up to 290 participants. According to John, there is interest in them, large reservations are two to three years in advance, he said.
According to John, the hotel has about 50 employees, with full occupancy it will need 70 to 80. According to John, it is doing relatively well, finding Bestsport and PPF are among the most prestigious employers.
According to Chvátal, the goal of PPF is to create one big result for 02 arena, O2 universum and Stages Hotel Prague. According to him, the whole concept should prosper.