Revenues of Camping Businesses On Rise From 2016 to 2019 to Fall in 2020

However, the number of businesses in this sub-sector of outdoor tourism has increased from year to year: in 2016, there were 146 camping businesses in Croatia to grow to 165 in 2017, 177 in 2018, 187 in 2019 and 197 in 2020.

They employed as many as 1,354 workers in 2019, to see a drop to 1,169 in 2020, while in 2017 there were 1,226 employees and 1,224 workers were in those businesses in 2018.

Revenues according to annual financial statements

The revenues kept rising from nearly HRK 600 million in 2016, to HRK 662.5 million in 2017 and 855 million in 2018 to reach a record high 874 million in 2019 and in the pandemic 2020 it dropped to 585 million.

Five businesses earn 50% of total revenues in this sub-sector

In 2020, in terms of the volume of revenues and the number of employees, the top performer was the Rovinj-based Valalta.

Its revenues came to HRK 192.3 million, making up 33% of  total revenues in this tourism business activity. There were 333 employees on its payroll, and their average monthly salary was HRK 6,237.

The second-ranking business was Industrial Projects from Fažana, with the revenues of HRK 30 million and 31 employees.

The Zagreb-based Proficio ranked third, with the revenues of HRK 25.6 million and 74 employees.

The remaining top five included the Zagreb-based Noa with HRK 21.4 million in revenues in 2020 and 22 employees, and the Lošinjska Plovidba, based in Mali Lošinj, with 41.4 million kuna in revenues and 52 employees.

These five businesses realised a half of the total revenues of all camping businesses in 2020.

Also, Proficio ended the year in the red and its loss was HRK 18.1 million.

In 2020, 64% of businesses registered in the camping sub-sector registered losses, and 36% wrapped up the year in the black.

(€1 = HRK 7.5)

 

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