Hotels News

Hotels in Croatia provide quality accommodation

Some of the well known international hotel chains have started to take a serious interest in Croatia, taking over the existing old hotels, or building new ones. Croatia still has only a small number of 4 and 5-star hotels, which presents potentially good investment opportunity for international hotel chains. After the mid 90s war, many of the then first-class hotels were left empty and unattended. These properties now offer excellent potential for would-be hoteliers.

News on Hotels Croatia
	Libertas Hotel Renovation work has started on one of Dubrovnik's famous hotels, Libertas. The work is being carried by Turkey's hotel group Rixos, who plan to convert the hotel into a 5-star hotel in the process. They bought the hotel in 2004.
	Hilton Dubrovnik In May 2005, the first Hilton Imperial hotel opened its doors in Dubrovnik. It's the first of potentially 4-6 hotels Hilton plans to open in Croatia. Hilton Imperial Dubrovnik has 147 rooms and apartments, costing nearly 20 million Euros to renovate.

Boutique hotels

Another growing area is that of private, small hotels and village tourism. Some of the enterprising locals, as well as foreigners who have moved to Croatia and bought a property, are starting to convert their properties into small or boutique hotels. The small boutique hotels are very popular in Europe, in particular in Austria, Germany and Italy, where there are have hundreds of such hotels.

Being one of best known holiday destinations in the Mediterranean, Dubrovnik is also one of busiest cruiser ports during the Summer period.

Croatia is still in the early stages of this type of hospitality industry with only a couple of hundred of small hotels being available. But over the ensuing years it's likely that this type of tourist accommodation will become more widespread, not only along the Croatian coastline, but also in Croatian hinterland.

Over the next 3 years the local tourism industry plans to double the current rooms capacity. These plans include building 300 new tourist accommodation objects, including private houses, camps, apartments and 4 and 5 star hotels. The overall emphasis will be on adding higher quality tourism accommodation, which is still well below the potential demand.

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