Business

YTD Financial Indicators Give Rise to Hope That Tourism Season Can Be Great

By 25 August 2021
YTD Financial Indicators Give Rise to Hope That Tourism Season Can Be Great
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ZAGREB, 25 Aug, 2021 - Overnight stay numbers so far this year show that they have reached 74% of tourist nights in the corresponding period of 2019, whereas the value of the fiscalised receipts indicates even a better performance of the tourist sector, Minister Nikolina Brnjac has told Hina.

The year-to-date value of the fiscalised receipts in tourism-related economic activities has reached 79% of those receipts in 2019.

The minister admits that it is still too early to forecast the fiscal effects of this year's tourism season.

The comprehensive report on the revenues from the tourist trade can be expected upon the release of the relevant report by the Croatian National Bank on the spending of foreign holiday-makers in the third quarter of 2021, and the central bank provides the general public with those numbers at the end of the year.

The data collected by e-visitor system show that so far this year, there have been 9.8 million guests who have generated 61.3 million overnight stays, thus reaching 64% and 74% of the visitor numbers and tourist night numbers in 2019.

So far in August alone, there have been 3.4 million visitors and 24.1 million overnight stays, 87% and 92% of the results in the corresponding period in 2019.

Concerning the value of fiscalised receipts in the tourism-related activities, it stands at 14.9 billion kuna, or 79% of the value registered in the corresponding period of 2019 when Croatia's tourism sets new records.

In August, fiscalised receipts' value overtakes 2019

For instance, from 1 to 17 August  the value of fiscalised receipts reached nearly four billion kuna, or 20% more than in the same period of 2019, Brnjac said.

The value of the fiscalised receipts from 1 July to 17 August outperformed the corresponding period in 2019 by 9%, the minister said.

She said that the bookings for the remainder of the year also gave rise to optimism.

"We are striving for keeping Croatia's status of the Mediterranean country with the most favourable epidemiological situation," she said, among other things.

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