Now Available: Croatia Tourism Report Q4 2014

Croatia's tourism market will continue to demonstrate strong growth as inbound travel increases, due to sustained growth in the major EU economies and the relaxation of travel restrictions to Croatia. The forecast period will also see increased investment in infrastructure and the tourism sector, with EU funds now readily available to the Czech government. The relatively low rate of growth we predict for the Croatian economy will have the effect of keeping prices low and further increasing inward travel and spending .

We expect to see year on year growth in inbound arrivals reach at least 5% over our forecast period to 2018, when arrivals will reach 14.1mn. This growth will be dependent on the economic health of key EU countries which provide the bulk of the Croatian tourism industry's supply markets. Outbound travel will also grow but this will be more modest, owing to a lack of disposable income as the country's economy fails to grow significantly. This sluggish growth will act as an upward pressure on tourist arrivals, as prices will remain low. We expect to see outbound tourism increase to Europe as EU membership loosens travel restrictions, from around 1.9mn departures in 2013 to 2.4mn in 2018.

Full Report Details at
- http://www.fastmr.com/prod/860664_croatia_tourism_report_q4_2014.aspx?afid=301

Newly available EU funds will provide sorely needed investment in the country's transport infrastructure and E membership will see a boost in inward investment in the tourism sector, the country's largest industry. Furthermore, the country's rising reputation as a spectacular shooting location for television and film will increase its appeal to tourists even more. Challenges and opportunities lie in extending the value of the tourism sector beyond the traditional summer season, for example through culinary tourism.

Key forecasts and developments include:

* Swiss company TFI Holding is investing EUR1.5bn in a large-scale tourism project in the town of Sibenik including hotels, villas and a marina as well as urban accommodation for 2,500 people
* Major new...

The Croatia Tourism Report has been researched at source and features Business Monitor International (BMI)'s independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Croatia Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Croatian tourism industry.

Key Benefits

* Benchmark BMI's independent tourism industry forecasts for Croatia to test other views - a key input for successful budgetary and planning in the Croatian tourism market.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Chile Tourism Report Q4 2014
- Czech Republic Tourism Report Q4 2014
- United States Tourism Report Q3 2014
- Saudi Arabia Tourism Report Q3 2014
- Egypt Tourism Report Q3 2014