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The Croatia Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, and More), and Geography (Istria & Kvarner, Dalmatia, Adriatic Islands, Continental Croatia, Slavonia & Eastern Croatia). The Market Forecasts are Provided in Terms of Value (USD).
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The size of the Croatia Hospitality Market market was valued at USD 15.56 Million in 2023 and is projected to reach USD 21.26 Million by 2032, with an expected CAGR of 4.56% during the forecast period. Recent developments include: January 2023: Bluesun Hotels & Resorts adopted Shiji's Infrasys point-of-sales (PoS) systems across all their Hotel F&B Outlets., January 2022: The Croatian Plava Laguna company spent 2022 strengthening its brand, and there is quite a change coming to its hotels.. Key drivers for this market are: Rising Tourism, Digital Adoption. Potential restraints include: Labour Shortage. Notable trends are: The European Grown Brands are Dominating the Market.
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Croatia Hospitality Market size was valued at USD 4.25 Billion in 2024 and is expected to reach USD 6.62 Billion by 2032, growing at a CAGR of 5.7% from 2026 to 2032.
Key Market Drivers:
Surge in International Tourism: Croatia has experienced tremendous growth in international tourism, with over 20.6 million tourists and 108.9 million overnight stays in 2023, exceeding pre-pandemic levels. This spike is being driven by Croatia's entry into the Schengen Area and the Eurozone in January 2023, which has made international travel easier by abolishing border restrictions and streamlining currency conversion.
Digital Nomad Visa Program Impact: Croatia's Digital Nomad Visa, which launched in 2021, has drawn a new wave of long-term tourists, with over 1,800 awarded residency permits by mid-2023, with stays of 6 to 12 months.
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The Croatian hospitality market, valued at €15.56 million in 2025, is projected to experience steady growth, driven by increasing tourist arrivals, infrastructure development, and a rising preference for unique travel experiences. The market's Compound Annual Growth Rate (CAGR) of 4.56% from 2025 to 2033 indicates a positive outlook, with the sector expected to surpass €23 million by 2033. Key market segments include chain hotels and independent hotels, further categorized by service type: service apartments, budget and economy hotels, mid and upper-mid-scale hotels, and luxury hotels. The competitive landscape is moderately concentrated, with key players like Valamar Riviera, Plava Laguna, and others vying for market share. Growth is fueled by Croatia's increasing popularity as a tourist destination, particularly amongst those seeking cultural experiences and coastal getaways. However, challenges remain, including seasonal dependence, potential infrastructure limitations in certain areas, and the need to maintain a balance between tourism development and environmental sustainability. Strategic investments in infrastructure, marketing campaigns targeting specific demographics, and a focus on sustainable tourism practices will be crucial for sustained growth in the Croatian hospitality sector. The success of individual hotels hinges on effective marketing, strategic pricing, and high-quality service delivery. The rise of online travel agencies and booking platforms necessitates a strong digital presence for Croatian hotels to compete effectively. Furthermore, catering to diverse tourist preferences – from budget-conscious travelers to luxury seekers – requires a varied range of accommodation options, from boutique hotels to large-scale resorts. Expansion in under-served regions and niche tourism experiences, along with leveraging emerging technologies to enhance the guest experience, presents substantial growth opportunities. Effective management of seasonal fluctuations through targeted promotional campaigns and diversified revenue streams will be critical for long-term profitability and market leadership within the Croatian hospitality landscape. Recent developments include: January 2023: Bluesun Hotels & Resorts adopted Shiji's Infrasys point-of-sales (PoS) systems across all their Hotel F&B Outlets., January 2022: The Croatian Plava Laguna company spent 2022 strengthening its brand, and there is quite a change coming to its hotels.. Key drivers for this market are: Rising Tourism, Digital Adoption. Potential restraints include: Rising Tourism, Digital Adoption. Notable trends are: The European Grown Brands are Dominating the Market.
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Discover the dynamic Croatia POS Terminals market poised for 9.80% CAGR growth (2025-2033). This in-depth analysis explores market size, key players (Bluebird, Monri, Global Payments), segment trends, and future projections, impacting retail, hospitality, and healthcare. Learn about drivers, restraints, and emerging technologies shaping this lucrative market. Recent developments include: May 2022 - PayPal introduces a software point-of-sale (softPOS) solution in Europe through Zettle that could help the company gain greater in-store volume. SoftPOS enables merchants to accept contactless payments using existing hardware, allowing them to meet changing consumer payment trends without incurring extra hardware costs.. Key drivers for this market are: Significant Rise in the Demand for Contactless and Mobile POS Terminals, Increase in Credit & Debit Card Users Expects Significant Growth in the Market. Potential restraints include: , Declining Rate of Shipment of PCs and Tablets. Notable trends are: Retail Sector Driving the Growth of POS Terminal Market.
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TwitterSignificant fluctuations are estimated for all segments over the forecast period for the sales channel distribution share. Only for the segment Online, a significant increase can be observed over the forecast period. Here, the sales channel distribution share exhibits a difference of **** percent between 2019 and 2029. Find further statistics on other topics such as a comparison of the sales channel distribution share in the world and a comparison of the sales channel distribution share in Croatia.The Statista Market Insights cover a broad range of additional markets.
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TwitterTechsalerator's Corporate Actions Dataset in Croatia offers a comprehensive collection of data fields related to corporate actions, providing valuable insights for investors, traders, and financial institutions. This dataset includes crucial information about the various financial instruments of all 150 companies traded on the Zagreb Stock Exchange (XZAG).
Top 5 used data fields in the Corporate Actions Dataset for Croatia:
Dividend Declaration Date: The date on which a company's board of directors announces the dividend payout to its shareholders. This information is crucial for investors who rely on dividends as a source of income.
Stock Split Ratio: The ratio by which a company's shares are split to increase liquidity and affordability. This field is essential for understanding changes in share structure.
Merger Announcement Date: The date on which a company officially announces its intention to merge with another entity. This field is crucial for investors assessing the impact of potential mergers on their investments.
Rights Issue Record Date: The date on which shareholders must be on the company's books to be eligible for participating in a rights issue. This data helps investors plan their participation in fundraising events.
Bonus Issue Ex-Date: The date on which a company's shares start trading without the value of the bonus issue. This information is vital for investors to adjust their portfolios accordingly.
Top 5 corporate actions in Croatia:
Privatization and State-Owned Enterprises: Croatia has undergone a process of privatization, with significant corporate actions involving the sale of state-owned enterprises to private investors. These actions have aimed to promote economic growth and increase efficiency in various sectors.
Tourism and Hospitality Investments: Corporate actions related to tourism and hospitality have been important for Croatia's economy. Investments in hotels, resorts, and infrastructure have driven growth in the country's tourism sector.
Banking and Financial Sector Changes: The Croatian banking and financial sector has witnessed corporate actions such as mergers and acquisitions, which are aimed at strengthening the industry and improving financial services.
Energy Sector Investments: Corporate actions involving investments in renewable energy projects and the development of energy infrastructure have been observed as Croatia seeks to diversify its energy sources and contribute to environmental sustainability.
Infrastructure Development: Major infrastructure projects, such as road and transportation network improvements, have led to corporate actions involving construction and engineering companies, contributing to economic development and connectivity.
Top 5 financial instruments with corporate action Data in Croatia
Croatia Stock Exchange (ZSE) Domestic Company Index: The main index that tracks the performance of domestic companies listed on the Croatia Stock Exchange. This index would provide insights into the performance of the local stock market.
Croatia Stock Exchange (ZSE) Foreign Company Index: The index that tracks the performance of foreign companies listed on the Croatia Stock Exchange, if foreign listings were present. This index would give an overview of foreign business involvement in Croatia.
MarketCroatia: A Croatia-based supermarket chain with operations in multiple European countries. MarketCroatia focuses on providing high-quality grocery products to consumers and contributing to the retail industry in the region.
FinanceCroatia: A financial services provider in Croatia with operations across various European countries, focusing on inclusive finance, investment management, and wealth advisory services.
SeedGrow Croatia: A leading producer and distributor of certified agricultural seeds in Croatia and neighboring regions, contributing to the growth of the agricultural sector and sustainable food production.
If you're interested in accessing Techsalerator's End-of-Day Pricing Data for Croatia, please contact info@techsalerator.com with your specific requirements. Techsalerator will provide you with a customized quote based on the number of data fields and records you need. The dataset can be delivered within 24 hours, and ongoing access options can be discussed if needed.
Data fields included:
Dividend Declaration Date Stock Split Ratio Merger Announcement Date Rights Issue Record Date Bonus Issue Ex-Date Stock Buyback Date Spin-Off Announcement Date Dividend Record Date Merger Effective Date Rights Issue Subscription Price
Q&A:
How much does the Corporate Actions Dataset cost in Croatia?
The cost of the Corporate Actions Dataset may vary depending on factors such as the number of data fields, the frequency of updates, and the total records count. For precise pricing details, it is recommended to dir...
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The Croatia Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, and More), and Geography (Istria & Kvarner, Dalmatia, Adriatic Islands, Continental Croatia, Slavonia & Eastern Croatia). The Market Forecasts are Provided in Terms of Value (USD).