Coronavirus Hits Tourism: Dubrovnik Projecting 30 Million Kuna Loss in First Half of 2020

Daniela Rogulj

March 11, 2020 – The City of Dubrovnik is monitoring the development of the situation and is looking at the effects that the spread of the virus has on the local economy, which relies mainly on tourism.

Dalmacija Danas reports that Dubrovnik Mayor Mato Frankovic and his associates held a meeting with Dubrovnik Tourist Board Director Ana Hrnic, members of the Dubrovnik Tourist Board Tourism Council and representatives of tourism-related professional associations on Tuesday, followed by a press conference to draw conclusions about the impact of the coronavirus in tourism as the most important economic branch in the Dubrovnik area.

Mayor Mato Frankovic expressed satisfaction with the way in which the national epidemic was approached nationally. He said the City of Dubrovnik is monitoring the situation and looking at the effects that the spread of the virus has on the local economy, which relies mostly on tourism.

“Our expert services have made rough estimates of the financial structure of revenues in the first six months, and they tell us that as a unit of local self-government, we will earn less than 30 million kuna in that period, but we are ready to adapt to any new situation,” the mayor said. He adds that this roughly estimated loss will be offset by surplus revenue generated in 2019, which will be spread over the May budget revision.

“After June, we will re-examine the situation and make further decisions regarding maintaining financial stability in the public sector,” the mayor announced, noting that we must be prepared for each scenario. He also expressed the readiness of the City to support the business people through various measures. If the situation with the coronavirus extended to the main season, it would also help businesses.

Director of the Tourist Board Ana Hrnic and a member of the Tourist Council Stanko Ljubic also spoke at the press conference.

“This situation is affecting tourism globally and we need to prepare ourselves as best we can. There will definitely be an impact on Dubrovnik tourism, but we must work to make the impact as mild as possible,” said Hrnic.

The Mayor concluded that the City of Dubrovnik fully respects the hierarchy of competences in the public health sense and will continue to act in accordance with the recommendations of the Civil Protection Headquarters of the Republic of Croatia, according to the City pages.

To read more about travel in Croatia, follow TCN’s dedicated page.

 

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