Tourism Industry Analysis with the Czech Republic as the Focal Point

According to the NACE statistical classification, tourism is an industry composed of hotels and restaurants; transport; storage and communication as well as activities carried out by travel agencies and tour operators, which altogether represent an important contribution to the economy of the given country. In order to determine the efficiency in each tourism sector, statistical classification of the tourism industry is designed according to the economic performance of each European state. The purpose of this paper is to examine the basic economic secondary data retrieved from the official NACE business statistics in the tourism industry and its individual sectors, specifically applied to the conditions of the Czech Republic. With this analysis, the reader will be informed about the concrete structure of tourism entities in a given state and the importance of identifying the economy of tourism on a national scale. Initially, the paper theoretically discusses the NACE classification, the importance of recording economic activities in various sectors and their further division. Theoretical knowledge is then applied using a practical example based on collection of statistical data. The practical layer of this paper deals firstly with primary findings from NACE statistics in selected European countries and their tourism structures. Subsequently, this data will be analyzed and processed in the conditions of the Czech Republic as to ascertain the sustainability of each tourism sector. The overall data compilation serves as the foundation for further research.