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Croatia Tourism Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 30 pages

BMI View: The Croatian tourism industry continues to grow rapidly and we maintain a firmly positiveoutlook for growth over the next few years. Inbound tourist arrivals will increase by 5.1% in 2016, reaching12.8mn, driven in large part by improving economic conditions across Europe and benefitting from anexpanding number and geographical diversity of international air travel connections. Indeed, while Europewill remain the predominant source market for the industry for the foreseeable future, efforts to attracttourists from the Middle East and Asia in particular will begin to bear fruit and become a more importantdriver of growth. Investment opportunities in the hotel sector have traditionally been hampered by a weakinvestment climate, but Croatia's joining of the EU in 2013 has bolstered its attractiveness to foreigninvestors and will likely generate growing interest among international developers over the coming years.

Key Updates And Forecasts

- The latest data from the Tourism Ministry indicates that Croatia's tourism industry remains in goodhealth, with an estimated 8% year-on-year (y-o-y) rise in tourist arrivals in the first 11 months of theyears as the country benefits from instability in Greece and Turkey and improving economic conditionsin the eurozone.

Table Of Contents

Croatia Tourism Report Q2 2016
BMI Industry View 5
Table: Key Forecasts (Croatia 2014-2020) 5
SWOT 7
Tourism 7
Industry Forecast 9
Table: Inbound Tourism (Croatia 2013-2020) 13
Table: Tourism Receipts (Croatia 2013-2020) 15
Table: Hotel Accommodation (Croatia 2013-2020) 17
Table: Tourist Departures And Consumption (Croatia 2013-2020) 18
Industry Risk/Reward Index 19
Table: Central And Eastern Europe Risk/Reward Index 19
Rewards 21
Risks 21
Market Overview 23
Competitive Landscape 25
Domestic Hotel Groups 25
Table: Domestic Hotel Groups 25
International Hotel Groups 26
Table: International Hotel Groups 26
Methodology 27
Industry Forecast Methodology 27
Risk/Reward Index Methodology 28
Table: Weighting Of Indicators 30

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