The forecast period is set to see short-term rentals outperform hotels as the number of options available to travellers in the category continues to increase at a much faster pace than the number of hotel rooms. Short-term rentals is already a category with far higher volumes of accommodation on offer than hotels and while the numbers of hotels operating in Croatia are set to continue increasing over the forecast period, it is unlikely that this will be enough to meet demand at a time when domestic and inbound tourism flows are set to continue increasing significantly.
Lodging is slated for strong value growth over the forecast period, especially in current price terms, a trend which is set to be driven both by rising demand and rising prices. While the pressure that has come on household incomes due to high inflation in recent years is expected to encourage many travellers to favour the least expensive lodging options available, prices are expected to rise across the board as the cost of doing business is set to continue increasing for all types of lodging operators throughout Croatia.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Croatia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Croatia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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