Hotels in Croatia provide quality
Some of the well known international
hotel chains have started to take a serious interest in Croatia, taking over the existing old hotels, or building
new ones. Croatia still has only a small number of 4 and 5-star hotels, which presents potentially good investment
opportunity for international hotel chains. After the mid 90s war, many of the then first-class hotels were left
empty and unattended. These properties now offer excellent potential for would-be hoteliers.
| News on
Renovation work has started on one of
Dubrovnik's famous hotels, Libertas. The work is being carried by Turkey's
hotel group Rixos, who plan to convert the
hotel into a 5-star hotel in the process. They bought the hotel in 2004.
In May 2005,
the first Hilton Imperial hotel opened its doors in Dubrovnik. It's the first of potentially 4-6
hotels Hilton plans to open in Croatia. Hilton Imperial Dubrovnik has 147 rooms and apartments,
costing nearly 20 million Euros to
Another growing area is that of private, small
hotels and village tourism. Some of the enterprising locals, as well as foreigners who have moved to Croatia and
bought a property, are starting to convert their properties into small or boutique hotels. The small boutique
hotels are very popular in Europe, in particular in Austria, Germany and Italy, where there are have hundreds of
|Being one of best known
holiday destinations in the Mediterranean, Dubrovnik
is also one of busiest cruiser ports during the Summer period.
Croatia is still in the early stages of this
type of hospitality industry with only a couple of hundred of small hotels being available. But over the ensuing
years it's likely that this type of tourist accommodation will become more widespread, not only along the Croatian
coastline, but also in Croatian hinterland.
Over the next 3 years the local tourism industry
plans to double the current rooms capacity. These plans include building 300 new tourist accommodation objects,
including private houses, camps, apartments and 4 and 5 star hotels. The overall emphasis will be on adding higher
quality tourism accommodation, which is still well below the potential demand.