![\"\"](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/09\/viesc-exterior-day-2.jpg\")
<\/p>\nHotely se z okrajov\u00e9 realitn\u00ed discipl\u00edny posouvaj\u00ed do hlavn\u00edho proudu. V\u00edce ne\u017e dev\u011bt z deseti evropsk\u00fdch investor\u016f chce letos sv\u00e9 investice v tomto segmentu zachovat, nebo je\u0161t\u011b zv\u00fd\u0161it. Z rostouc\u00edho z\u00e1jmu t\u011b\u017e\u00ed tak\u00e9 Praha, kter\u00e1 se v \u017eeb\u0159\u00ed\u010dku CBRE posunula na d\u011blen\u00e9 sedm\u00e9 m\u00edsto mezi nejatraktivn\u011bj\u0161\u00edmi evropsk\u00fdmi m\u011bsty. D\u016fv\u011bru kapit\u00e1lu podporuje n\u00e1vrat turist\u016f, omezen\u00e1 nab\u00eddka nov\u00fdch hotel\u016f i s\u00e9rie velk\u00fdch tuzemsk\u00fdch transakc\u00ed.<\/p>\n
Hotely si navzdory geopolitick\u00e9mu nap\u011bt\u00ed a nejist\u00e9mu v\u00fdvoji evropsk\u00e9 ekonomiky udr\u017euj\u00ed p\u0159\u00edze\u0148 investor\u016f. V\u00edce ne\u017e 90 procent \u00fa\u010dastn\u00edk\u016f leto\u0161n\u00edho pr\u016fzkumu poradensk\u00e9 spole\u010dnosti CBRE pl\u00e1nuje objem kapit\u00e1lu vlo\u017een\u00e9ho do hotelov\u00fdch nemovitost\u00ed zachovat, nebo zv\u00fd\u0161it. T\u00e9m\u011b\u0159 t\u0159etina respondent\u016f, konkr\u00e9tn\u011b 31 procent, po\u010d\u00edt\u00e1 dokonce s v\u00fdrazn\u00fdm nav\u00fd\u0161en\u00edm investic.<\/p>\n
Hlavn\u00edm argumentem jsou o\u010dek\u00e1van\u00e9 v\u00fdnosy. T\u0159etina investor\u016f uvedla pr\u00e1v\u011b p\u0159\u00edzniv\u011bj\u0161\u00ed vyhl\u00eddky celkov\u00e9 n\u00e1vratnosti jako hlavn\u00ed d\u016fvod, pro\u010d chce sv\u00e9 hotelov\u00e9 portfolio roz\u0161i\u0159ovat. Hotel\u016fm nahr\u00e1v\u00e1 tak\u00e9 rostouc\u00ed z\u00e1jem o cestov\u00e1n\u00ed a z\u00e1\u017eitky a v n\u011bkter\u00fdch m\u011bstech rovn\u011b\u017e omezen\u00e1 nab\u00eddka nov\u00fdch kapacit.<\/p>\n
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\t\tHoteli\u00e9r Svoboda m\u00e1 dal\u0161\u00ed z\u00e1\u0159ez. Jeho Czech Inn Hotels koupil v\u00edde\u0148sk\u00fd Hilton Czech Inn Hotels pokra\u010duje v zahrani\u010dn\u00ed expanzi a z\u00edsk\u00e1v\u00e1 velk\u00fd hotel ve V\u00eddni jen 500 metr\u016f od z\u00e1mku Sch\u00f6nbrunn. Objekt m\u00e1 247 pokoj\u016f, rozs\u00e1hl\u00e9 konferen\u010dn\u00ed z\u00e1zem\u00ed a podle informac\u00ed z trhu hodnota transakce v\u00fdrazn\u011b p\u0159esahuje miliardu korun.<\/p>\n \tP\u0159e\u010d\u00edst \u010dl\u00e1nek<\/a><\/p>\n Na rozd\u00edl od kancel\u00e1\u0159\u00ed nebo obchodn\u00edch center nav\u00edc mohou hotely rychleji upravovat ceny podle inflace, sezony i aktu\u00e1ln\u00ed popt\u00e1vky. Pro investory tak p\u0159edstavuj\u00ed aktivum, kter\u00e9 se dok\u00e1\u017ee pru\u017en\u011bji p\u0159izp\u016fsobovat m\u011bn\u00edc\u00edm se podm\u00ednk\u00e1m.<\/p>\n Pr\u016fzkum CBRE European Hotel Investor Intentions Survey 2026 prob\u00edhal od za\u010d\u00e1tku \u00fanora do 23. b\u0159ezna 2026 a z\u00fa\u010dastnilo se ho v\u00edce ne\u017e 70 p\u0159edstavitel\u016f hotelov\u00e9ho investi\u010dn\u00edho trhu. Jeho v\u00fdsledky proto zachycuj\u00ed p\u0159edev\u0161\u00edm o\u010dek\u00e1v\u00e1n\u00ed investor\u016f, nikoliv ji\u017e uskute\u010dn\u011bn\u00e9 obchody.<\/p>\n Praha se dot\u00e1hla na \u0158\u00edm \u010di Koda\u0148<\/p>\n V\u00fdrazn\u011b si v evropsk\u00e9m srovn\u00e1n\u00ed polep\u0161ila Praha. Spolu s Kodan\u00ed, \u0158\u00edmem, \u017denevou a Ath\u00e9nami obsadila d\u011blen\u00e9 sedm\u00e9 m\u00edsto mezi m\u011bsty, o kter\u00e1 by m\u011bli m\u00edt hotelov\u00ed investo\u0159i letos nejv\u011bt\u0161\u00ed z\u00e1jem. \u017deb\u0159\u00ed\u010dek vedou spole\u010dn\u011b Lond\u00fdn a Barcelona, t\u0159et\u00ed skon\u010dil Madrid. Pa\u0159\u00ed\u017e a Mil\u00e1n se d\u011bl\u00ed o \u010dtvrtou p\u0159\u00ed\u010dku, \u0161est\u00fd je Lisabon.<\/p>\n \t\t \t\tZ architektky hoteli\u00e9rkou. P\u011bt let d\u00e1vala dohromady d\u016fm ze 14. stolet\u00ed p\u0159\u00edmo v centru Kutn\u00e9 Hory Nejd\u0159\u00edv byl star\u00fd d\u016fm v centru Kutn\u00e9 Hory. Pak p\u0159i\u0161ly vlastn\u00ed pen\u00edze, t\u0159i roky na stavb\u011b, pam\u00e1tk\u00e1\u0159i, \u0159emesln\u00edci a spousta rozhodnut\u00ed, kter\u00e1 se nedala odlo\u017eit na z\u00edt\u0159ek. Architektka Jana Zad\u00e1k si vyzkou\u0161ela, co se stane, kdy\u017e se z \u010dlov\u011bka navrhuj\u00edc\u00edho domy stane jejich investor i budouc\u00ed provozovatel.<\/p>\n \tP\u0159e\u010d\u00edst \u010dl\u00e1nek<\/a><\/p>\n Praha t\u011b\u017e\u00ed ze siln\u00e9 mezin\u00e1rodn\u00ed popt\u00e1vky, pov\u011bsti bezpe\u010dn\u00e9 destinace i pom\u011brn\u011b omezen\u00e9 mo\u017enosti v\u00fdstavby nov\u00fdch hotel\u016f v historick\u00e9m centru. D\u016fle\u017eit\u00fdm faktorem je tak\u00e9 n\u00e1vrat turistick\u00e9ho ruchu na \u00farove\u0148 p\u0159ed pandemi\u00ed.<\/p>\n V roce 2025 se v pra\u017esk\u00fdch hromadn\u00fdch ubytovac\u00edch za\u0159\u00edzen\u00edch ubytovalo p\u0159ibli\u017en\u011b 8,3 milionu host\u016f, kte\u0159\u00ed zde str\u00e1vili t\u00e9m\u011b\u0159 18 milion\u016f noc\u00ed. V prvn\u00edm pololet\u00ed leto\u0161n\u00edho roku p\u0159ijelo do metropole dal\u0161\u00edch 3,8 milionu host\u016f, meziro\u010dn\u011b o 1,2 procenta v\u00edce. \u0160lo o nejvy\u0161\u0161\u00ed po\u010det za srovnateln\u00e9 obdob\u00ed za posledn\u00edch 15 let. Ve druh\u00e9m \u010dtvrtlet\u00ed nicm\u00e9n\u011b n\u00e1v\u0161t\u011bvnost Prahy m\u00edrn\u011b klesla, co\u017e nazna\u010duje, \u017ee dal\u0161\u00ed r\u016fst nemus\u00ed b\u00fdt automatick\u00fd.<\/p>\n \u201eInvesto\u0159i ji\u017e nevn\u00edmaj\u00ed hotely pouze jako cyklickou p\u0159\u00edle\u017eitost, ale jako strategickou a struktur\u00e1ln\u00ed sou\u010d\u00e1st sv\u00fdch portfoli\u00ed. Skv\u011blou zpr\u00e1vou pro tuzemsk\u00fd trh je um\u00edst\u011bn\u00ed Prahy, kter\u00e1 sd\u00edl\u00ed sedmou p\u0159\u00ed\u010dku mezi nej\u017e\u00e1dan\u011bj\u0161\u00edmi evropsk\u00fdmi m\u011bsty,\u201c uvedl Jakub Stanislav, vedouc\u00ed hotelov\u00fdch investic pro region st\u0159edn\u00ed a v\u00fdchodn\u00ed Evropy a \u0161\u00e9f kapit\u00e1lov\u00fdch trh\u016f CBRE v \u010cesku.<\/p>\n Nejv\u011bt\u0161\u00ed z\u00e1jem je o luxusn\u00ed hotely<\/p>\n Nej\u017e\u00e1dan\u011bj\u0161\u00ed \u010d\u00e1st\u00ed trhu z\u016fst\u00e1vaj\u00ed luxusn\u00ed p\u011btihv\u011bzdi\u010dkov\u00e9 hotely. Za nejatraktivn\u011bj\u0161\u00ed je ozna\u010dilo 53 procent dot\u00e1zan\u00fdch investor\u016f. N\u00e1sleduj\u00ed hotely vy\u0161\u0161\u00ed pr\u00e9miov\u00e9 t\u0159\u00eddy se 44 procenty.<\/p>\n Luxusn\u00ed za\u0159\u00edzen\u00ed t\u011b\u017e\u00ed z bonitn\u00ed mezin\u00e1rodn\u00ed klientely a v\u011bt\u0161\u00ed schopnosti prom\u00edtnout r\u016fst n\u00e1klad\u016f do cen pokoj\u016f. Z\u00e1rove\u0148 mohou investor\u016fm nab\u00eddnout dodate\u010dn\u00e9 p\u0159\u00edjmy z gastronomie, wellness, konferenc\u00ed a dal\u0161\u00edch slu\u017eeb.<\/p>\n M\u011bn\u00ed se tak\u00e9 pohled investor\u016f na hotelov\u00e9 zna\u010dky. Pod\u00edl respondent\u016f preferuj\u00edc\u00edch zaveden\u00e9 glob\u00e1ln\u00ed \u0159et\u011bzce vzrostl meziro\u010dn\u011b ze 43 na 53 procent. Z\u00e1jem o nez\u00e1visl\u00e9 hotely naopak klesl ze 40 na 24 procent.<\/p>\n Mezin\u00e1rodn\u00ed zna\u010dka investor\u016fm nab\u00edz\u00ed glob\u00e1ln\u00ed rezerva\u010dn\u00ed syst\u00e9m, v\u011brnostn\u00ed program a \u0161ir\u0161\u00ed distribu\u010dn\u00ed s\u00ed\u0165. Roste ale tak\u00e9 obliba model\u016f, p\u0159i nich\u017e si hotel zachov\u00e1 vlastn\u00ed charakter, z\u00e1rove\u0148 v\u0161ak vyu\u017e\u00edv\u00e1 z\u00e1zem\u00ed velk\u00e9ho \u0159et\u011bzce.<\/p>\n \u201eSilnou mezin\u00e1rodn\u00ed zna\u010dku dnes investo\u0159i vn\u00edmaj\u00ed jako cestu k vy\u0161\u0161\u00edmu zhodnocen\u00ed nemovitosti a stabiln\u011bj\u0161\u00edm v\u00fdnos\u016fm. Tento trend vid\u00edme i v \u010cesku, kde \u0159ada hotel\u016f p\u0159ech\u00e1z\u00ed pod zaveden\u00e9 mezin\u00e1rodn\u00ed nebo siln\u00e9 lok\u00e1ln\u00ed koncepty,\u201c doplnil Stanislav.<\/p>\n Za kvalitn\u00ed hotel jsou investo\u0159i ochotni p\u0159iplatit<\/p>\n Silnou popt\u00e1vku ukazuje tak\u00e9 v\u00fdvoj cenov\u00fdch o\u010dek\u00e1v\u00e1n\u00ed. T\u00e9m\u011b\u0159 polovina investor\u016f p\u0159i akvizici nep\u0159edpokl\u00e1d\u00e1 \u017e\u00e1dnou slevu proti po\u017eadovan\u00e9 cen\u011b. Dal\u0161\u00edch 28 procent je za atraktivn\u00ed nemovitost ochotno nab\u00eddnout dokonce v\u00edce, ne\u017e \u010din\u00ed jej\u00ed p\u016fvodn\u00ed ocen\u011bn\u00ed.<\/p>\n \t\t \t\tJ&T kupuje Prague Marriott. Hotelov\u00fd komplex m\u00e1 b\u00fdt z\u00e1kladem nov\u00e9 realitn\u00ed platformy J&T Investi\u010dn\u00ed spole\u010dnost prost\u0159ednictv\u00edm fondu Prime Hotel Assets Fund koupila komplex Prague Marriott Hotel & Millennium Plaza v centru Prahy. Sou\u010d\u00e1st\u00ed transakce je hotel s 416 pokoji, kancel\u00e1\u0159e, retail i gar\u00e1\u017ee. Akvizice m\u00e1 z\u00e1rove\u0148 poslou\u017eit jako z\u00e1klad nov\u00e9 realitn\u00ed platformy pro dal\u0161\u00ed investice do komer\u010dn\u00edch nemovitost\u00ed.<\/p>\n \tP\u0159e\u010d\u00edst \u010dl\u00e1nek<\/a><\/p>\n Nejv\u011bt\u0161\u00ed z\u00e1jem z\u016fst\u00e1v\u00e1 o takzvan\u00e9 value-add investice, tedy o n\u00e1kup hotelu s n\u00e1slednou rekonstrukc\u00ed, modernizac\u00ed nebo zm\u011bnou provozn\u00edho konceptu. Tuto strategii preferuje 53 procent respondent\u016f.<\/p>\n Sou\u010dasn\u011b p\u0159ib\u00fdv\u00e1 investor\u016f ochotn\u00fdch podstoupit v\u011bt\u0161\u00ed riziko v\u00fdm\u011bnou za vy\u0161\u0161\u00ed mo\u017en\u00fd v\u00fdnos. Pod\u00edl z\u00e1jemc\u016f o oportunistick\u00e9 strategie se zv\u00fd\u0161il z lo\u0148sk\u00fdch 15 na 25 procent.<\/p>\n Prom\u011bnily se tak\u00e9 hlavn\u00ed obavy investor\u016f. Zat\u00edmco v p\u0159edchoz\u00edch letech dominovala cena a dostupnost bankovn\u00edch \u00fav\u011br\u016f, nyn\u00ed se v\u00edce ob\u00e1vaj\u00ed rostouc\u00edch provozn\u00edch n\u00e1klad\u016f a v\u00fddaj\u016f na rekonstrukce. Koup\u011b star\u0161\u00edho hotelu toti\u017e \u010dasto znamen\u00e1 nutnost investovat do energetick\u00fdch \u00faspor, technick\u00e9ho vybaven\u00ed a modernizace pokoj\u016f.<\/p>\n Star\u0161\u00ed budovy nekon\u010d\u00ed, \u010dekaj\u00ed je rekonstrukce<\/p>\n Hor\u0161\u00ed energetick\u00e1 n\u00e1ro\u010dnost p\u0159itom pro v\u011bt\u0161inu investor\u016f nen\u00ed d\u016fvodem k automatick\u00e9mu odm\u00edtnut\u00ed nemovitosti. Rekonstrukci a zv\u00fd\u0161en\u00ed energetick\u00e9 \u00fa\u010dinnosti preferuje 36 procent respondent\u016f, dal\u0161\u00edch 30 procent chce nakupovat s c\u00edlem n\u00e1sledn\u011b zlep\u0161it parametry udr\u017eitelnosti. Pouze sedm procent investor\u016f by hotel se slab\u0161\u00edm profilem v t\u00e9to oblasti v\u016fbec nekoupilo.<\/p>\n Ekologick\u00e1 kvalita budovy se tak podle CBRE st\u00e1le \u010dast\u011bji prom\u00edt\u00e1 do ceny, v\u011bt\u0161inou v\u0161ak pouze omezen\u011b. U nemovitost\u00ed se slab\u00fdmi parametry udr\u017eitelnosti o\u010dek\u00e1v\u00e1 57 procent investor\u016f slevu ni\u017e\u0161\u00ed ne\u017e p\u011bt procent. Certifikace jako BREEAM, LEED nebo Green Key se postupn\u011b m\u011bn\u00ed ze zvl\u00e1\u0161tn\u00ed v\u00fdhody ve standard, kter\u00fd m\u016f\u017ee ovlivnit provozn\u00ed n\u00e1klady, financov\u00e1n\u00ed i v\u00fdslednou hodnotu hotelu.<\/p>\n Prahou letos pro\u0161ly velk\u00e9 hotelov\u00e9 obchody<\/p>\n Rostouc\u00ed z\u00e1jem o \u010desk\u00fd trh potvrzuje n\u011bkolik leto\u0161n\u00edch transakc\u00ed. Nejv\u011bt\u0161\u00ed z nich byl prodej komplexu Prague Marriott Hotel a Millennium Plaza. Soubor v centru metropole zahrnuje 416 hotelov\u00fdch pokoj\u016f, kancel\u00e1\u0159e, obchodn\u00ed plochy, konferen\u010dn\u00ed prostory a \u010dty\u0159i restaurace. Podle CBRE \u0161lo o nejv\u011bt\u0161\u00ed transakci s jedin\u00fdm hotelov\u00fdm aktivem ve st\u0159edn\u00ed a v\u00fdchodn\u00ed Evrop\u011b v roce 2026.<\/p>\n Majitele zm\u011bnil tak\u00e9 p\u011btihv\u011bzdi\u010dkov\u00fd Augustine Hotel na Mal\u00e9 Stran\u011b. Hotel se 101 pokoji, kter\u00fd byl sou\u010d\u00e1st\u00ed s\u00edt\u011b The Luxury Collection spole\u010dnosti Marriott, z\u00edskala skupina Kempinski. Ta p\u0159ipravuje rekonstrukci pokoj\u016f a spole\u010dn\u00fdch prostor a n\u00e1sledn\u00e9 p\u0159eveden\u00ed hotelu pod vlastn\u00ed zna\u010dku. Kempinski ozn\u00e1mila akvizici v dubnu 2026.<\/p>\n U\u017e v lednu dokon\u010dila skupina Cimex koupi \u010dty\u0159hv\u011bzdi\u010dkov\u00e9ho Andel\u2019s Hotel Prague od Vienna Insurance Group. Hotel s 290 pokoji nyn\u00ed funguje jako Orea Hotel Andel\u2019s Praha. Spole\u010dn\u011b se sousedn\u00edm hotelem Orea Angelo umo\u017e\u0148uje skupin\u011b nab\u00eddnout na Sm\u00edchov\u011b t\u00e9m\u011b\u0159 450 pokoj\u016f a rozs\u00e1hl\u00e9 konferen\u010dn\u00ed z\u00e1zem\u00ed. Cena obchodu zve\u0159ejn\u011bna nebyla.\u00a0<\/p>\n \u201eKombinace rostouc\u00edho po\u010dtu turist\u016f, siln\u00fdch provozn\u00edch v\u00fdsledk\u016f a omezen\u00e9 nov\u00e9 v\u00fdstavby v centru Prahy vytv\u00e1\u0159\u00ed dobr\u00e9 podm\u00ednky pro dal\u0161\u00ed zhodnocov\u00e1n\u00ed kapit\u00e1lu,\u201c uzav\u0159el Stanislav.<\/p>\n Vych\u00e1z\u00ed jarn\u00ed Realitn\u00ed CLUB<\/p>\n Zbourat, nebo zachovat a d\u00e1t nov\u00fd smysl? Pr\u00e1v\u011b na tuto ot\u00e1zku hled\u00e1 odpov\u011bdi jarn\u00ed vyd\u00e1n\u00ed magaz\u00ednu Realitn\u00ed CLUB, kter\u00e9 se v\u011bnuje fenom\u00e9nu rekonstrukc\u00ed a adaptac\u00ed st\u00e1vaj\u00edc\u00edch budov pro sou\u010dasn\u00e9 vyu\u017eit\u00ed. Hv\u011bzdou magaz\u00ednu je Fancesco Kinsk\u00fd dal Borgo.<\/p>\n Magaz\u00edn ukazuje rekonstrukce v cel\u00e9 jejich \u0161\u00ed\u0159i: od historick\u00fdch objekt\u016f prom\u011bn\u011bn\u00fdch v modern\u00ed restaurace p\u0159es revitalizace brownfield\u016f a\u017e po projekty, kter\u00e9 d\u00e1vaj\u00ed vzniknout nov\u00fdm reziden\u010dn\u00edm \u010dtvrt\u00edm. Nechyb\u00ed ani pohledy v\u00fdznamn\u00fdch osobnost\u00ed realitn\u00edho trhu.<\/p>\n Rozhovory s\u00a0Janem Sadilem, \u0161\u00e9fem spole\u010dnosti JRD, \u010di architektem\u00a0Janem Kla\u0161kou, kter\u00fd p\u016fsob\u00ed v americk\u00e9 pobo\u010dce ateli\u00e9ru d\u00e1nsk\u00e9ho studia BIG (Bjarke Ingels Group), p\u0159in\u00e1\u0161ej\u00ed zku\u0161enosti z praxe i vhled do toho, jak se prom\u011b\u0148uje uva\u017eov\u00e1n\u00ed investor\u016f a developer\u016f.<\/p>\n Magaz\u00edn Realitn\u00ed CLUB<\/a> s Francescem Kinsk\u00fdm dal Borgo na ob\u00e1lce vych\u00e1z\u00ed pr\u00e1v\u011b nyn\u00ed. Digit\u00e1ln\u00ed verzi magaz\u00ednu si m\u016f\u017eete objednat na str\u00e1nk\u00e1ch newstream.cz<\/a>, distribuci ti\u0161t\u011bn\u00e9ho magaz\u00ednu zaji\u0161\u0165uje Send<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Hotely se z okrajov\u00e9 realitn\u00ed discipl\u00edny posouvaj\u00ed do hlavn\u00edho proudu. V\u00edce ne\u017e dev\u011bt z deseti evropsk\u00fdch investor\u016f chce…\n","protected":false},"author":2,"featured_media":208092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[30],"tags":[4025,423,3139,617,69,565,98,99,671,780],"class_list":["post-208091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-praha","tag-architektura","tag-byty","tag-domy","tag-hotely","tag-investice","tag-nemovitosti","tag-prague","tag-praha","tag-realitni-club","tag-reality"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/117240811508350570","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/208091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=208091"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/208091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/208092"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=208091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=208091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=208091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\t\tReality<\/a><\/p>\n![\"Hotel](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/09\/IMG-0985.JPG\")
<\/p>\n
\n\t\tReality<\/a><\/p>\n![\"Prague](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/09\/prgdt-exterior-1019-Classic-Hor.jpg\")
<\/p>\n
\n\t\tReality<\/a><\/p>\n