This year, approximately 950 million euros will be invested in Croatia's hotel sector, an increase of almost 13 percent compared to 2017. Around 40 new hotels will appear on the market. This was announced by the Croatian Ministry of Tourism at the Adria Hotel Forum (AHF). Secretary of the country's Ministry of Tourism Franco Matusic.
According to him, “Croatia has great potential for tourism development.”
"In addition to investment, we expect continued positive financial and physical tourism indicators this year," the speaker said.
Meanwhile, AHF organizer, consultant Marina Franolich, stressed that despite the great interest in the Croatian hotel industry, there are still not many large foreign investments.
The reason for such passivity, in her opinion, is the government’s not very flexible tax policy.
"The short tourist season, the lack of new hotel products, and direct airline flights are also obstacles to the sector's development. Administrative barriers aren't a huge problem, as every country has them, but investors want security and a return on investment within a reasonable timeframe," Ms. Franolich said.
Regional Director of Colliers International Damian Harrington He also emphasized that a new airport has been built in Croatia (Zagreb), and the country should have more airlines operating and more direct flights.
"Direct flights to Europe are especially important, which also hinders some investment opportunities in the hotel sector and tourism in Zagreb and the region as a whole. This needs to change; new hotel products are needed." "Mr. Harrington said.
Source: trn-news.ru