Just in the second quarter of this year, revenues from tourism reached 2.05 billion euros, which was an increase of 5.3 percent compared to the same period last year.
Tourism revenues in the first half of this year amounted to 2.4 billion euros, which was 6.7 percent or 153 million euros more than in the same period last year, reported on Monday the Tourism Ministry, citing the numbers of the Croatian National Bank, reports Novi List on October 3, 2016.
Just in the second quarter of this year, tourism revenues amounted to 2.05 billion euros, which was an increase of 5.3 percent or 103 million euros compared to the same period last year.
This is the revenue from foreign tourists which is calculated by the Croatian National Bank. Tourism Minister Anton Kliman said it was an indicator of the growing importance of the preseason for Croatian tourism. “The increase in revenues from tourism in the first half of this year demonstrated the importance of preseason for our tourism industry, but also for the overall economy. However, this definitely is not the maximum for the Croatian tourism and that is why we are working on a project of tourist vouchers in order to create conditions for much better results in the offseason, both in coastal areas and inland throughout the year, which would have multiple positive effects on the overall economy”, said Kliman.
He also pointed out that this year the results of the entire 2015 have been surpasses as early as September, and therefore he expected that this year would bring record revenues, which would probably surpass 9.5 billion euros in revenues from both domestic and foreign tourists.
The Tourism Ministry noted that the share of revenues from travel and tourism in the total GDP in the first half of this year stood at 11.3 percent, which was 0.2 percentage points more compared to the same period last year, while the share of revenues from travel and tourism in the second quarter of this year was 18.1 percent, up 0.1 percentage point compared to last year.
While great tourism results are certainly a good news for overall Croatian economy, there are many who warn that becoming too reliant on tourism could actually hurt Croatia’s long-term economic prospects.