The Hospitality Industry In Croatia Market size is estimated at USD 15.56 billion in 2024, and is expected to reach USD 19.45 billion by 2029, growing at a CAGR of 4.56% during the forecast period (2024-2029).
The hospitality industry in Croatia is dominated by domestic players and covers almost 70% of the market. The main barrier for medium international players to enter the market is majorly the stringent policies (Croatia stood at 123rd place in ease of doing business rankings and 159th in dealing with construction permits) and the high seasonality tourism. Whereas Croatia stood at 27th place in the travel and tourism competitiveness index, which is motivating a majority of the players to spread their operations in the region. Some of the major players in this market are Amadria Park, Bluesun H&R, Liburnia Riviera Hoteli, Plava Laguna, and Valamar Riviera.
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