Development Potential of the Croatian Hotel Industry

Croatia is a post transitional country which bases its economic development on tourism as a strategic industry which links several economic branches: from agriculture and product placement, through tourist expenditure, production and processing industries, service and commercial businesses, to the provision of tourist services in a tourist manner, in tourist accommodation facilities. Building of tourist accommodation facilities develops the construction business and affiliated businesses, thus forming a portfolio of properties which represent fixed assets in the balances of hotel and hospitality companies. The aim of this paper is to examine the total accommodation offer of the Croatian hotel industry, to review and analyse different structures’ shares and to assess the categories and competitiveness, as well as the potentials in the valorisation of property as assets which affect the valorisation of tourist companies. The purpose of the paper is reflected in the usefulness of the realisation of the goal, in the cognisance of the problem area of organisation of tourist accommodation facilities in Croatia, as well as in the recognition of the demand for change. The methodology applied in the research includes methods of analysis and synthesis, deduction, comparison and statistical methods of review of the structure and quality of tourist properties in Croatia. The research gives an insight into the current position of the Croatian hotel industry, opening possibilities for further research work.