tourism, croatia.jpg
Photograph: HINA / Jure DIVIĆ / mm

There was total of 4,658 enterprises registered in tourism and hospitality on the Adriatic coast and another 3,604 registered inland with those on the coast generating a higher income, the FINA financial agency reported on Tuesday - World Tourism Day.

Of the enterprises registered on the coast 77% were primarily involved in providing accommodation while only 23% of the inland enterprises did so. There were 3,024 businesses inland that served food and beverages and 2,708 on the coast.

The 580 businesses providing accommodation in continental Croatia employed 4,200 workers and generated a total revenue of HRK 1.6 billion and a total expenditure of HRK 2.2 billion resulting in a net loss of HRK 565.5 million.

The 1,950 business on the coast employed about 24,000 workers with almost HRK 12 billion in revenue and expenditure of HRK 11 billion resulting in a net profit of HRK 775 million as against 674.7 million kuna of profit in 2014.

There were 3,024 inland enterprises in hospitality last year and they achieved a net profit of HRK 124.7 million which was a 73% increase compared with 2014.

On the other hand 2,700 enterprises on the coast providing food and beverages last year fared worse than in 2014 according to FINA, recording a drop of 37% in net profit which amounted to HRK 89 million.

The greatest income in food and beverages of HRK 322.1 million was generated by the Zagreb-based Global Hrana the holder of the McDonalds franchise. The most successful business on the coast in the restaurants sector was the Nautika company from Dubrovnik generating a revenue of HRK 51 million.

(EUR 1 = HRK 7.5)

Related stories

Latest news

Mexico is not a migrant "waiting room" for US, interior minister says

Mexico will not accept undocumented immigrants from other countries whom the United States plans to deport, Mexico's interior minister said Friday.

Right-wing populist Wilders declines first Dutch election debate

Candidates from nine Dutch parties answered questions from journalists Friday at the first national radio debate of the election campaign, but the leading candidate

Bosnian Croat reps insist on channel airing programmes in Croatian

Being one of the constituent peoples, the Croats in Bosnia and Herzegovina are entitled to a broadcaster that will air programmes in their native language, HNS BiH official Ivan Vukoja said at a news conference in Mostar on Friday.

Same-sex couples in Slovenia can marry

A Slovenian law allowing same-sex couples to marry went into force on Friday and the first civil registrar ceremony, between two women, is to take place in Maribor on Saturday, the town's Vecer daily said.

Moody's changes Agrokor's outlook to negative

The Moody's rating agency on Friday changed its outlook for the Agrokor food retailer from stable to negative, affirming its rating of B3.

Trump says he represents America, 'not the globe'

US President Donald Trump said Friday his aim is to serve the United States and not the rest of the world, doubling down on his "America First" message in wide-ranging remarks to a conservative conference.

Croat member of Bosnia's state presidency says crisis won't escalate

The Croat member of Bosnia and Herzegovina's collective State Presidency, Dragan Covic, said on Friday that the crisis caused by the unilateral submission of a request for a review of the International Court of Justice's (ICJ) genocide ruling from 2007 against Serbia would not escalate into an armed conflict.

IAEA: Iran's enriched uranium stock far below allowed limit

Iran's stockpile of enriched uranium is currently less than half of what is allowed under the Islamic Republic's nuclear agreement with major powers, the International Atomic Energy Agency (IAEA) reported Friday.

Trump attacks media at conservative gathering

US President Donald Trump lambasted the media in remarks to a gathering of conservative activists outside Washington Friday, doubling down on charges that some parts of the press are the "enemy."

Birth anniversary of Croatia's 1st female journalist to be marked

The Centre for Women's Studies, which manages the Marija Juric Zagorka Memorial Apartment and carries out documentary-information, educational and cultural activities related to the study and promotion of the heritage of this novelist and Croatia's first female journalist, stated on Friday that it was marking the 144th anniversary of the birth of Marija Juric Zagorka next week.

Italian police arrest 55 doctors, nurses for being clock-in cheats

Police on Friday arrested 55 doctors, nurses, and other staffers at a Naples public hospital for being clock-in cheats.

Works on new section of Istrian Y motorway in autumn, says minister

Transport and Infrastructure Minister Oleg Butkovic said on Friday works on the second stage of the Istrian Y motorway were expected to begin in the autumn, an investment of EUR 150 million in which Croatian companies would be included.