Market Size of Hospitality Industry In Croatia
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 15.56 Billion |
Market Size (2029) | USD 19.45 Billion |
CAGR (2024 - 2029) | 4.56 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Croatia Hospitality Market Analysis
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 has been a significant contributor to the country's economy and a key driver of tourism. Croatia became the most prominent tourist destination due to its stunning coastline, historic cities, cultural attractions, and natural beauty. Croatia has experienced a steady growth in tourist arrivals over the years, with a significant increase in international visitors.
The country attracts travelers such as sun-seekers, history enthusiasts, nature lovers, and yacht enthusiasts. Coastal areas of Croatia are trendy during the summer, while cities like Zagreb and Zadar offer attractions and cultural experiences year-round.
Croatian cuisine has gained an essential component of the hospitality industry. Traditional dishes, such as seafood, grilled meats, and regional specialties, are popular among visitors. Culinary tourism has increased, with tourists seeking authentic food experiences, wine tours, and farm-to-table experiences.