Crikvenica’s Jadran Achieves 78% of July 2019’s Revenue in July 2020

Lauren Simmonds

Crikvenica, Croatia
Crikvenica, Croatia

Despite a generally dire prognosis owing to the ongoing coronavirus pandemic, many Croatian companies actually ended up doing unexpectedly well in July. The Crikvenica-based Jadran is one of them.

As Novac/Andrea Koscec writes on the 8th of August, 2020, the tourism company Jadran d.d. from Crikvenica managed to generate an encouraging 78 percent of the revenue it earned back in July 2019 last month In the first seven months of this year, Jadran’s total operating revenues reached 53 percent of last year’s turnover during that same period, the travel company stated yesterday.

This result is all the more valuable, they pointed out, given the fact that the Esplanade Hotel was the first open facility in Crikvenica only from May the 29th, when the epidemiological situation in Croatia enabled the continuation of tourism and hospitality/catering facilities. All accommodation facilities managed by Jadran d.d., in addition to the three smaller facilities, the Zagreb, International and Delfin hotels, are currently in full function, boasting a total of 141 rooms.

In addition to hotels and camps owned by the company, Jadran d.d. is also managing three new hotels – Lisanj, Noemia in Baska Voda and the Garden Palace Resort in Umag. All of these facilities, with a total of 343 rooms and high-class four-star apartments, opened their doors to guests during June and July.

“Despite the coronavirus epidemic and all of the restrictive measures that were enforced, we at Jadran have been intensively preparing for this year’s tourist season, believing that at least in July, August and September we will manage to record a period of visits and financial results,” Jadran’s Goran Fabris explained: “In these circumstances, we completed our investments and works to raise the level of our category of accommodation and related activities, which allowed us to exceed more than three quarters of last year’s result in that period in July.”

“We still have a good occupancy level and I believe that this year’s season will be much better than the forecasts that were made in the spring at the time when the coronavirus crisis was at its worst,” stated Goran Fabris of Jadran.

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