ACI’s Kristijan Pavic: “Fear of Poor Nautical Tourism Season Was Unfounded”

As Novac writes on the 6th of August, 2020, on Tuesday, the President of the Management Board of ACI, Kristijan Pavic, expressed his satisfaction with the revenue generated in the first half of the year, which stood at 72 million kuna, which is 23 million kuna less than in 2019.

Adriatic Croatia International Club (ACI), which manages 22 marinas on the Adriatic, generated 72.9 million kuna in revenue in the first six months of this year, which is 24 percent less than in the same period last year. According to the company’s financial report published at the end of last week, the company recorded a loss of 13.5 million kuna when compared to profits of almost 7 million kuna a year earlier.

Kristijan Pavic pointed out on Tuesday that the achieved business results showed that there was an unfounded fear that due to the coronavirus pandemic, there will be no season to be had in 2020 for Croatian nautical tourism.

“In terms of annual berths, we generated 50 million kuna in revenue, which is at the level of 2019, which allowed us to keep the current number of employees and not reduce salaries. In the first part of the year, we achieved 30 percent of last year’s transit result, and in July that number rose to 69 percent. I expect a positive trend to grow in both August and during the off-season,” Kristijan Pavic said.

Pavic visited the ACI marina in Dubrovnik, emphasiing that the Dubrovnik region was most affected by the coronavirus pandemic crisis, primarily due to the lack of air connections. “In July, there was a recovery through the growth of transit and I believe that this trend will continue in August and during the off-season, so that we can ultimately view this region as successful,” Kristijan Pavic said.

He announced that ACI is following the trends in the development of megayacht marinas, so after the average length of berths in the marina in Rovinj are extended from 11 to 17 metres, a new investment is expected in the ACI marina Dubrovnik. “The county spatial plan enabled us to expand the marina down the Ombla river, so now we’re working on a project that will enable the acceptance of much larger yachts,” Pavic said.

The director of the ACI marina Dubrovnik, Leo Ajdukovic, pointed out that the marina recorded 30 percent of last year’s result at the beginning of July, and is currently at 50 percent.

“It’s hard to compare it to last year, which was the most cost-effective and best in history for us. The numbers have been improving in July and August and we’re going in a new direction,” said Ajdukovic, adding that charter cancellations are becoming less frequent.

At the end of July, ACI received a building permit for the renovation of the Sorkocevic summer house in the ACI marina Dubrovnik, and the project worth more than 60 million kuna will apply for European Union funds. The renovation of the building and the associated garden is planned, and among the future facilities will be a school of old crafts, a restaurant, galleries and boutiques.

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