A record-breaking tourist season in Croatia in 2017 brought not only record tourist figures but also started a financial avalanche of new investments in this lucrative economic branch in 2018.
According to a survey carried out by the Ministry of Tourism that included all Croatian counties and tourist companies in the country, around 940 million Euros will be invested in Croatia’s tourism this year.
Out of the total amount of almost a million Euros, private tourist companies will invest around 630 million Euros in their own projects, whilst the public sector i.e. counties, cities and municipalities, will invest the rest of the amount, around 310 million Euros.
Announced investments in the private sector will include investing in hotels, camps, nautical and other types of accommodation facilities, entertainment and attractions, whilst public sector investments include visitors’ centres, beaches, promenades and other infrastructure.
The survey of the Ministry of Tourism also showed that investments in tourism amounted to 817 million Euros in 2017 and 676 million Euros in 2016.