According to statistics from the Ministry of Tourism, 11 million tourists were holidaying in Croatia in the first 9 months of this year, 5 percent more than in the same period last year. Tourists in the first three-quarters of the year hit 66.65 million overnight stays, 6 percent up on last year.
The increase in tourist numbers this year spelt good news for hoteliers around the country. Whilst a lot of businesses in Croatia are battling their way through the recession, hoteliers have been rubbing their hands together.
Leading Croatian hospitality management company Valamar Group, which operates 40 hotels, apartments and campsites on the Adriatic coast, with major presence in two main tourist regions in Croatia – in Istria and Dubrovnik, achieved profit growth this year of a massive 65 percent and income growth of more than 10 percent.
They were not the only ones, the largely government-owned Hoteli Makarska, which operate 3 hotels on the Makarska Riviera, saw profits grow by 60 percent, reported Jutarnji list.