ZAGREB, June 2, 2020 - Croatia's Ambassador to Serbia, Hidajet Biscevic, said in Subotica on Monday that Serbia's progress on the journey to the European Union was in Croatia's interest.

During his visit to the city of Subotica in Vojvodina where a sizeable Croatian community lives, the ambassador said that Serbia's accession to the EU was in Croatia's interest and therefore the two countries "are supposed to make sure that their outstanding issues are not an obstacle."

Some of the issues about the status of the ethnic Croat minority can be in the foreseeable future be connected with the negotiating process between Serbia and the EU, the diplomat said after his talks with representatives of the local Croat community.

"We do not want to find ourselves in a situation when the unresolved issues concerning the exercise of (ethnic Croats') rights can make Serbia's EU membership talks harder or slower, Biscevic said, promising that he would work on making the bilateral relations more dynamic.

The Croatian National Council (HNV) leader, Jasna Vojnic, said that Croatia's diplomatic effort could help ethnic Croats in Serbia to solve the problems which adversely affect their status. In this context, she mentioned the problems with textbooks and schoolbooks, education for Serbian Croats, and efforts to provide adequate facilities for the Croats' societies in the Serbian capital city of Belgrade. 

 During his visit to Subotica, the ambassador was also received by Mayor Bogdan Laban.

As Poslovni Dnevnik writes on the 17th of May, 2019, the regional student competition, held at the Faculty of Electrical Engineering and Computing in Zagreb, marked the completion of the SIM (P) ATIC PLC + Challenge 2019 project.

This project, initiated by the student association EESTEC and supported by the faculties of electrical engineering in Croatia, Slovenia and Serbia, as well as by no less than Siemens, provides the region's young future engineers with a more detailed insight into the issues that engineers usually encounter in industrial automation in order to better prepare for such work out there in the real world.

Three winning teams, one from each country, as well as the overall regional winner were selected. The winning team from Croatia consists of Karlo Hercigonja, Ivan Ratković and Nikola Benazić from the Faculty of Electrical Engineering and Computing in Zagreb, from Slovenia, the winners were Urban Aravs, Jernej Štremfelj and Tina Vindiš from the Faculty of Electrical Engineering in Ljubljana, and from Serbia, the team consists of Uroš Rakonjac, Petar Kovačević and Dejan Bogdanović from the University of Electrical Engineering in the Serbian capital of Belgrade. The regional winner of the competition is the team from Zagreb, Croatia.

Namely, the SIM (P) ATIC PLC + Challenge 2019 competition started back at the beginning of April with theoretical part of the workshop, where university lecturers from the Faculty of Electrical Engineering from Zagreb, Belgrade and Ljubljana held lectures otherwise not covered by the curriculum. In the next phase, the student teams solved the task by which the best two teams in the country qualified for the regional final in Zagreb. Within this competition finale, the finalists presented their respective solutions of the additional part of the task. Each team had ten minutes available to them for their presentations and five minutes to answer the questions from panel members.

Significant knowledge in the field of industrial automation was also demonstrated by other teams, all judged by a panel consisting of three experts from each country.

Each member of the panel evaluated teams from neighbouring countries in the categories of the quality of the created program and their presentation skills. The Croatian members of the panel were prof. dr. sc. Igor Erceg (FER), mr. Sc. Tomislav Pavić (A & C Automation Adria) and B.Sc. Marko Bunić (Siemens), while from Slovenia and Serbia, there were two university professors and one Siemens representative.

"This competition is an excellent example of synergy between faculties, students and economics. Siemens wants to support projects that encourage the development of professional and practical knowledge of future engineers from this area because we're also strategically focused on the areas of automation and digitisation, which were the cornerstone of this competition,'' said Medeja Lončar of Siemens at the award ceremony.

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As Poslovni Dnevnik writes on the 26th of April, 2019, through its subsidiary Sugarhill Investments B.V., the Croatian hotel group Arena Hospitality Group d.d. from Pula has concluded a framework agreement with MK Aviation Services d.o.o. to take over the "88 Rooms" hotel, a four star hotel in Belgrade, Serbia.

The completion of this transaction is of course still subject to certain steps and to the fulfillment of certain conditions, as they have stated from the aforementioned Croatian company.

"88 Rooms" is a modern, four-star hotel situated in a prime location on Takovska Street in Belgrade, close to the business district and close to the cultural attractions of the old part of Belgrade, including Knez Mihailova Street and Kalemegdan Park. The hotel boasts 88 modern and comfortable rooms and suites decorated according to Feng Shui rules, and other facilities include a bar, a restaurant, a fitness room, a massage room and four meeting rooms with a capacity of up to 200 participants.

With this acquisition, Pula's Arena Hospitality Group continues to expand overseas following its already established business model with the management of seven international hotels in Germany and Hungary, more specifically in Berlin, Nuremberg, Cologne and Budapest.

On this occasion, the CEO of Arena Hospitality Group d.d., Reuel Slonim, said: "It's a great pleasure to be able to present this acquisition, which, with the momentum of our current investments in our existing accommodation facilities, continues our [already] announced further expansion of our business to new areas in the major cities of the region of Central and Eastern Europe. By entering this new market and strengthening our hotel portfolio throughout the year, we're able to add more worth to the group's value and at the same time create additional long-term value for our customers and for our shareholders. With such moves, we're rapidly changing the existing high seasonality of business and we're growing into a dynamic, international hotel group with year-round business.''

The Arena Hospitality Group expects that the conditions required for completing the transaction will be met by the end of this year, after which, Belgrade's 88 Rooms Hotel will become part of the Arena Hospitality Group famiily and continue its business under the brand name "Arena Hotels & Apartments" under the new name of "Arena Hotel 88" .

The value of the transaction stands at 47 million kuna, which, together with the entire investment cycle, started after a public offer in mid-2017 exceeding a hefty price tag of 500 million kuna.

Slonim continued: "More than half a billion kuna's worth of investment after the public offer is underway, starting with an investment of 70 million kuna in the first Croatian luxury glamorous resort Arena One 99 Glamping in Pomer, the current investment of 128 million kuna in the Arena Kažela camp in Medulin, 53 million kuna in the reconstruction of the Art'otel Berlin Kudamm hotel in Berlin, 60 million kuna in the renovation of the Verudela Beach resort in Pula, and 190 million kuna in the complete reconstruction of Brioni in Pula, which will carry the Park Plaza brand and be positioned among the best hotels that hotel chain.''

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The unemployment rate for young people up to 29 years of age is the highest among Croatia's domestic population, and the lowest among young people from third countries.

As Poslovni Dnevnik writes on the 21st of April, 2019, the Republic of Croatia is among the countries of the EU with the best integrated immigrants from third countries, which can only be met with surprise by those people who do not know that these ''immigrants'' are actually mostly just Croats born in neighbouring Bosnia and Herzegovina, followed by a few immigrants from Serbia, Germany, Slovenia, Kosovo and Macedonia.

According to the latest census, 584,947 (13.7 percent) of the population of Croatia were born abroad. The number of migrants are as follows: Serbia (9 percent), Germany (5.8 percent), Kosovo (3.5 percent), Slovenia (3.4 percent), Macedonia ( 1.7 percent). Immigrants to Croatia, predominantly from Bosnia and Herzegovina, are doing much better in terms of the employment rate of young people up to 29 years of age, meaning that they're significantly better integrated into the Croatian labour market than those born in Croatia and those from other EU countries.

This data were presented by sociologists Snježana Gregurević and Sonja Podgorelec, and social geographer Sanja Klempić Bogadi from the Institute for Migration and Ethnicity in the presentation "The Influence of Immigrant Groups on the Social Cohesion of the Receiving Society - the case of Croatia".

A large number of Croatian residents born in Bosnia and Herzegovina are the result of labour migration during the socialist period of Yugoslavia and immigration during the Bosnian war. Most immigrants from Bosnia and Herzegovina live in Zagreb (98,579), Split-Dalmatia County (36,864), Zagreb County (35,427), Brod- Posavina (29,537) and Osijek-Baranja County (28,051), these are the "entrance" Croatian counties, those closest to the border regions of Bosnia and Herzegovina, with the exception of Dubrovnik-Neretva County, from which emigration towards Croatia was the most intensive,'' stated Klempić Bogadi.

By the year 2015, Croatia, along with Serbia, Germany and Austria, was the most common destination for immigrants from Bosnia and Herzegovina. However, since 2016, the trend is for the Bosnian population to migrate to Germany and Austria, and the number of such persons in Croatia and Serbia is steadily decreasing.

"According to Eurostat's data, immigrants from third countries, predominantly immigrants from Bosnia and Herzegovina, are better involved in the Croatian labour market than the domestic population and immigrants from other EU countries in terms of the employment rate of young people aged from 15 to 29. The employment rate of young people from third countries in Croatia is higher by 18 percent when compared to the employment of domestic youth,'' said Snježana Gregurović.

As stated, the unemployment rate for young people up to 29 years of age is highest among the domestic Croatian population, and is actually the lowest among young people from third countries.

"Because of their small share of the total population of Croatia, immigrants haven't endangered or undermined the country's social cohesion. Because of the modest share of the immigrant population in Croatia who do not have Croatian ethnic origin, and the large share of those who do have it, the integration challenges are not yet posing any sort of significant cost to the state, or a threat to the domestic population,'' says Podgorelec.

In Zagreb, the largest concentration of immigrants from Bosnia and Herzegovina live in Sesvete, where the research "Influence of immigrants from Bosnia and Herzegovina on the socio-demographic development of Croatian urban regions" was conducted on a sample of 301 people aged 18 and over born in Bosnia and Herzegovina.

Most of them (93.4 percent) were ethnic Croats, ethnic Serbs made up 3.7 percent of them, Bosniaks made uo 2.3 percent, and 0.7 percent was made up of others. Otherwise, 85.2 percent of Croats born in Bosnia and Herzegovina and living in Croatia are actually Croats, 6.3 percent of them are actually Serbs, and just 6 percent are Bosniaks.

A third of respondents hold dual citizenship, (Croatian and Bosnia and Herzegovina). Almost half of them work, of which 68 percent are mostly in trade or the construction industry. 14.6 percent are unemployed, those who stay at home make up 6.6 percent, pensioners make up 29.2 percent, and students and pupils in education make up 2.7 percent. The largest number of immigrants from Bosnia and Herzegovina living in Sesvete have secondary education, and 6,3 percent have higher education.

"Most respondents feel very welcome in the local community, they have a strong sense of belonging to the Croatian society, and they vote in large numbers during elections in the Republic of Croatia, but are exceptionally poorly involved in any organisation and/or civil society. Given the fact that many of them also have Croatian citizenship and therefore they vote in the elections in the Republic of Croatia, many are significantly less interested in political developments in Bosnia and Herzegovina, which shows a high level of political integration,'' concluded Podgorelec, reports Večernji list.

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Economic growth in Europe and Central Asia slowed down to 3.1 percent in 2018, and it is predicted to fall to 2.1 percent in 2019 due to a slower rate of global growth and uncertain prospects.

As Poslovni Dnevnik writes on the 5th of April, 2019, the Croatian economy continued to grow at a rate of 2.6 percent in 2018, while in the forthcoming period from 2019-2021 moderate growth is expected at an average rate of 2.5 percent, according to the World Bank's most recent report on the latest economic trends in Europe and Central Asia (N1).

The countries of the region recorded different rates of growth. Growth at the regional level has greatly contributed to positive developments in the GDP data of Russia as the largest economy in the region, just as the accelerated growth did in Albania, Hungary, Poland, and Serbia. On the other hand, Turkey has experienced a significant slowdown in growth due to the pressure of the financial market and currency issues. Namely, in 2019, it is expected to grow by 1.0 percent, which is a significant drop compared to 7.4 percent back in 2017.

"Europe and Central Asia are vulnerable to global uncertainty and are faced with serious long-term challenges such as aging populations, a decline in productivity, a decline in investment, and climate change. It is good that there are a whole range of possible solutions available when public policies are geared towards mitigating these challenges,'' stated Cyril Muller, Vice President of the World Bank for Europe and Central Asia.

"Countries should work harder to attract investment, enhance their participation in global value chains, and ensure that more people are able to access financial services such as bank accounts and electronic payments."

Regional growth is expected to recover its power in 2020 and 2021, as it is predicted that the gradual recovery of Turkey will serve as a counterweight to the restrained activity in Central Europe as a whole. However, the long-term challenges of the region are still substantial.

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One American portal has published its list of the most powerful countries in the world, where of course, the USA comes in first place, while Croatia is ranked in a rather uninspiring 75th place. Rather more disappointingly still, it seems tha the portal has ranked Serbia in a much higher position than Croatia, in spite of Croatia's EU membership, which at least for now, appears to be a far-away dream for Serbia.

As Poslovni Dnevnik/VLM writes on the 29th of March, 2019, as was reported by U.S. The News & World Report, known for its somewhat controversial lists of top colleges and hospitals, published its list of the best countries based on the opinions of more than 20,000 people from across four different regions.

Within the list of the best countries, a podium of the most powerful countries was also published based on five determinants: leaders, economic influence, political influence, international alliances, and armed forces.

The top nine most powerful countries have remained the same as last year. The first is naturally America, described as the largest economy in the world and the country with the largest military budget.

Following are Russia and China, which are also at the top in terms of their spending on their armed forces. Then there are the long-reigning top European powers - Germany, Great Britain, and France.

The seventh place comes the economic giant Japan, followed by Israel, Saudi Arabia and South Korea, which made the jump from last year's 11th place.

The Republic of Croatia also jumped by one place, from 76th to 75th out of a total of 80 places, while this isn't particularly impressive in itself, the portal has listed it at number 30 in ''overall rankings''.

''Croatia has found itself at the crossroads of major historical movements, both East and West. These political shifts have uniquely shaped its present-day borders, which curve around Bosnia and Herzegovina in central Europe and stretch along the Adriatic Sea opposite Italy. The nation’s stunning Mediterranean coastline eases into the rugged Dinaric Alps and, continuing northeast, the fertile plains of the Danube River,'' the portal writes.

Countries are ranked in different categories, from being open to business, to how much holding citizenship means, to heritage, to cultural influence and even adventure prospects. While Croatia has done well in terms of ''adventure'', its ''power'' and ''quality of life'' statistics leave a lot to be desired for, at least according to this American portal.

Of our neighbours, Slovenia is in 78th place, Hungary 71st place, while Serbia is in a considerably higher 52nd place.

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Click here for the original article by VLM on Poslovni Dnevnik

As Barbara Ban/Novac writes on the 19th of March, 2019, Pula's biggest hotel group, the Arena Hospitality Group announced the continuation of its large investment cycle yesterday, the amount of which will be about half a billion kuna. These are investments in the hotel Brioni (Brijuni) and the apartment resort of Verudela Beach in Pula, the Kažela camp in Medulin, and the doing up of the Art'otel Berlin Kudamm over in Berlin, Germany.

Namely, this Pula hotel company is the only one which owns hotels in Germany and Hungary at the moment. The Arena Hospitality Group recalled that by mid-2017, via a public offer on the Zagreb Stock Exchange, they raised about 750 million kuna to continue their investment cycle.

''We're continuing with our investment cycle, which will be around half a billion kuna from 2018 to 2022. Some of the investments have already been done, some have started, and some are just beginning. Last year we renewed camp Pomer, which became the first glamping site in the country, and we believe it's one of the best in the world. That investment stood at 70 million kuna,'' said the Arena Hospitality Group's Reli Slonim.

With that move, the path to rejuvenating their camps is definitely wide open, which is a sector of theirs which they haven't invested significantly in before last year, as they devoted themselves to raising the quality of their hotels and apartment resorts, as well as their numerous acquisitions in Europe. Part of their facilities are also branded as Park Plaza.

''This year we started with the complete doing up of the Kažela camp in Medulin, and this investment is worth 128 million kuna, which is our biggest investment in the camps. After the completion of the investment, the camp will offer its guests 1,300 spacious places and 164 new luxury mobile homes. In addition, the camp will get a new entrance and reception, new beach bars, and entertainment and sports facilities,'' Arena Hospitality Group's Reli Slonim said.

It is interesting to note that mobile homes in this camp will be made up of ecological and recycled materials, and each of them will be about 40 square metres in size. This will be one of the biggest investments in camps this year in the country, and it should be finished by this [tourist] season.

A member of the management of the Arena Hospitality Group, Manuela Kraljević, also added that along with all of their current investments, they are preparing for the renovation of the Verudela Beach apartment complex too, which will begin in autumn this year. As of now, they have refurbished a ten-unit building, which is an example of how the other apartments will look when finished.

In the tourist resort of Verudela Beach, the plans are to invest about 60 million kuna during the second half of 2019. Ten accommodation units will be upgraded by this season, while the remaining 146 units and 20 villas will be renewed in time for the 2020 summer season. After the completion of the investment, the resort will be under the brand of Arena Hotels & Apartments, Kraljević said.

They also announced the reconstruction of Hotel Brioni, which for the time being, remains the only hotel in Punta Verudela that hasn't been given a ''fresh face''. It is a cult hotel which was built back in the 1970s, primarily for American guests. So far, only two showrooms have been done up, which will be somewhat larger than the existing ones, but this won't change the number of rooms.

''We have decided that we're not going to change the size of this hotel, but we will rebuild it as it is, and the room sizes will be about the same. We will invest 190 million kuna into it, and we'll start doing it up in 2020 after the [tourist] season. The hotel will be finished in one year and [everything] will be completed by 2022,'' Slonim said. In addition to investments in Croatia, this year the Pula hotel group is also renovating its hotel in Berlin, investing the equivalent of 53 million kuna into it. The hotel is located in Berlin's famous Charlottenburg district and is dedicated to the works of the famous pop art artist Andy Warhol. The investment will include a total accommodation capacity of of 152 rooms, as well as all of the other hotel facilities one might expect.

As Luka Cvitan said, the German part of the portfolio is extremely important to the Arena Hospitality Group because it gives them stability and doesn't depend solely on tourism flows in Croatia. Last year, hotels in Germany saw the largest growth, while in Croatia, things unfortunately stagnated somewhat. Business last year amounted to 758 million kuna, and was higher than last year's gain by 30 percent. That is why the Arena Hospitality Group is also thinking about further acquisitions in Belgrade in Serbia, as well as in other countries in the region.

''Also, since we have a portfolio abroad, we can offer our employees full-time employment,'' said Cvitan.

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Click here for the original article by Barbara Ban for Novac/Jutarnji

Independent parliamentarian Vlaho Orepić discussed various issues surrounding the Croatian political and social structure, claiming that ''the failure to properly deal with fake (fictitious) residences by the authorities is politically motivated and purposely left unresolved with the aim of influencing the outcomes of the upcoming elections,''

The fact that there is no real intention of the current authorities to remove fake residences from the electoral register and bring some order [to that situation] and accordingly, Croatia conducts a policy of banalisation when it comes to the conditions for obtaining Croatian citizenship were grounds for a press conference held by independent MP Vlaho Orepić.

On Tuesday, February the 5th, 2019, on the premises of the Croatian Parliament, Vlaho Orepić held a press conference on which he once again pointed out to the media and the public the problem of fake residence registration.

The fact that this issue remains unresolved means people who have their permanent residence in the Republic of Croatia are denied the right to elect their own authorities, and Croatian citizens living outside the homeland (whose voting rights are indisputable and come directly from what is written in the Constitution of the Republic of Croatia (Ustav Republike Hrvatske) are also deceived in this way.

The conclusion which has now been arrived to, given that a response from the relevant minister wasn't given even after the issue was brought up in parliament, is that there is simply no sincere and real intention of the current government to even try to tackle an extremely important issue so that honest elections can be carried out in the future. Orepić has therefore also called upon political and social structures to take a stance and engage with the aim of protecting legality of upcoming elections and democratic processes in the Republic of Croatia.

"What worries me, and what has inspired a series of both formal and informal reactions from me, even this press conference, is the fact that false (fictitious) residences are politically motivated and protected with the aim of influencing the outcomes of the electoral process(es) in the Republic of Croatia. My goal is to put an end to fake residence [registration] and the type of politics which permits that same cheating in the elections. My goal is fair elections,'' stated Orepić.

According to new statistics, Croatia has fewer than four million inhabitants (approximately 3.750 million), according to official data we can count almost 4,175,000 people with health insurance and as many as 3,746,286 voters. The fact that the number of voters isn't actually correct has been indicated by the data of the Central Bureau of Statistics (CBS), published in July 2017, which states that just children under the age of fourteen alone which are registered amount to 600,000. It's totally clear that Croatia has no accurate and publicly available list of citizens and voters, nor does it have the political will to have this problem solved.

From the mentioned numerical indicators, as well as from the legal definition of residence, which reads as - residence is the place and address in the Republic of Croatia where the person permanently resides in order to exercise his/her rights and obligations related to living interests such as family, professional, economic, social, cultural and social other interests - it's clear that a lot of people who don't meet these conditions have been entered into the electoral register.

They are listed [on the electoral register] on the basis of their false registrations of residence in the Republic of Croatia and thus, in addition to voting and other rights, they enjoy economic ones which come with residing in the Republic of Croatia.

That this is politically motivated has also been indicated by the fact that the second day after Vlaho Orepić's dismissal as Minister of the Interior, the disclosure and deletion procedure of false residence registrations in the Republic of Croatia (mainly regarding citizens from neighbouring Serbia and Bosnia and Herzegovina) was suspended. Activities related to the abolition of fake residences are a legal obligation of the chief of police administrations, but in spite of that fact, all of those who were engaged in carrying out this work were prevented from continuing with it.

While Vlaho Orepić was the Minister of the Interior, in just two and a half months, about 45,000 fake residence registrations were removed, and over the next four months that number rose to 75,000. The estimates are that at the present moment, there are at least 150,000 fictitious residence registrations in the Republic of Croatia, which brings a whole range of election process outcomes as well as the legality of the authorities at all levels into question.

"I hope all political, judicial and other social structures will realise the importance of this issue. From the government, the security services and the justice system, I expect an urgent reaction, just as was done with the recent attempt to try to discredit the Minister of Agriculture (Tomislav Tolušić). I expect from the umbrella of war veteran associations to stand up for the legality of the election process in the Republic of Croatia, especially with the engagement of Mr. Josip Đakić as a parliamentary representative and as a war veteran.

I expect the support of the President of the Croatian Parliament, Mr. Gordan Jandroković, and especially the two vice-presidents Mr. Milijan Brkić and Mr. Božo Petrov because they know very well what I'm talking about and what I'm fighting for. I also expect the support of President Kolinda Grabar-Kitarović to whom this issue must be in focus because it's in the interest of citizens, and all the citizens of the Republic of Croatia, and without whom we cannot even begin to talk about the rule of law as the basis for the survival of every single legal state,'' concluded Vlaho Orepić, MP.

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As Marija Crnjak/Poslovni Dnevnik writes on the 12th of March, 2019, Croatia's hotel sector stagnated last year in terms of the number of new rooms and in the sense of the level of entry of foreign hotel brands. A lot of this, but of course not all of it, is because Croatia has deemed it more profitable to build and invest more in private accommodation, an often ''grey'' area of Croatia's tourism industry with much lower taxes and a very poor level of general regulation. The level of major investments in new hotel rooms has fallen significantly, the number of which grew by a mere one percent in one year.

Due to all the above mentioned conditions, the market is still dominated by local investors, quite a few new names have appeared on the scene in the last year, which are still to be properly positioned as hotel brands, according to the annual global report on hotel chains in 22 European countries, "European Chains & Hotels Report 2019" by the Horwath Consulting House HTL. In the Republic of Croatia, more than a quarter of these hotels, more specifically 186 of them, operate under 43 brands in total, of which 22 are local and 21 are international brands.

"High seasonality and an unfavourable environment for investors, especially with [granting the necessary] permits, are the main reason we're in 159th place on the Doing Business list, they're the biggest barriers for foreign investors, who find it difficult to decide on taking risks in developing projects in Croatia, although a few positive examples have occurred on the market which do lead to more optimism,'' stated Siniša Topalović from Horwath's Zagreb-based office.

Horwath's analysis, which is based on the numbers from Real Capital Analytic, only takes into account investments of more than 5 million dollars, reveals that investment in hotels in Croatia is down by as much as 90 percent, from 59 million euro to a mere 7 million euro.

''The growth of hotel brands in 2018 in Croatia (4 percent) should be observed through the proper placement of several local hotel names, and only time will reveal whether or not these names will be branded on the market,'' Topalović explained.

Additionally, although Croatia can be statistically put in a very good position in terms of the number of brands operating here, the market situation shows that the level of activity is lagging behind some countries which are considered to be weaker than Croatia. A good example of that is Serbia and its increasingly popular capital city of Belgrade, which has received 40 new hotels since 2014, with growth in the hotel sector in Belgrade mainly based on foreign investments and globally respected brands such as Crowne Plaza, Radisson Blu and Luxury Collection.

Although the RevPar (revenue per hotel room) rose by an average of 16 percent in Croatia in 2018, this year a slow down is expected, caused primarily by other Mediterranean countries which are recovering from their respective problems to return to the market (this includes longtime tourism kings like Turkey and Tunisia).

The main potential seems to lie outside of the height of the summer season. Along with Serbia, where further growth is expected in the hotel segment, Albania has some great potential for foreign investors, Albania currently has the smallest share of branded hotels per total number of rooms (2 percent), and Montenegro, Croatia's neighbour to the south, also offers investors fairly favourable investment conditions and is very active in encouraging a more luxurious tourist product for the country.

Greece, known for its numerous financial issues, has entered the world's top fifteen tourist destinations despite the country's somewhat infamous ups and downs, with 150 new luxury hotels ''born'' in Greece in 2018, becoming a destination in which more than one in five hotels is in the category of 4 or 5 stars. Last year, the largest amount of investments in hotels went from the United States across the Atlantic to Spain (2.1 billion euro), following came transactions from Israel to the United Kingdom totaling over one billion euro, French investors also invested 951 million euro into the United Kingdom.

Despite all of the potentially (and likely) damning economic risks from Brexit, one of the European continent's most powerful countries, the United Kingdom, had a total of nearly 4 billion euro in investment in its massive hotel business. In 22 countries from the Horwath analysis, there were a total of 146,600 hotels on the market last year with more than six million rooms, with an average of 61 rooms per hotel. The least-branded hotels had Albania, only 12, while France has 3885 hotels in the hotel chain.

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Click here for the original article by Marija Crnjak for Poslovni Dnevnik

Pavle Strugar, the war criminal who shelled Dubrovnik, causing not only wanton destruction and horrific damage to the UNESCO World Heritage Site, but also a terrible loss of life, has passed away in Serbia.

Strugar was born on the 13th of July, 1933 in Peć, in the then Kingdom of Yugoslavia, now Kosovo. The Montenegrin general served in the Yugoslav People's Army (JNA), undertaking various different roles, and eventually becoming the commander of the Second Operational Group of the JNA, which operated in southern Croatia, in 1991.

Under his command, the JNA monstrously attacked Dubrovnik in 1991, in a siege which caused tremendous damage to the city, and took the lives of both veterans and civilians. The terrible siege of Dubrovnik lasted until 1992, with Strugar retiring one year later, in 1993.

As Jutarnji reports on the 13th of December, 2018, the retired General Pavle Strugar has died in Belgrade following a short but serious illness.

Strugar was tried and sentenced for his actions, as well as for the deaths of civilians at the Hague tribunal, this was coupled with the fact that in 1991, he did nothing to prevent the horrendous war crime of the shelling of Dubrovnik. The Montenegrin initially attempted an appeal to his sentence, but that was later withdrawn.

Strugar voluntarily handed himself over to the Hague Tribunal in 2001, making a name for himself as the first Serb or Montenegrin to make such a move. Because of his part in the criminal shelling of Dubrovnik, a beloved UNESCO World Heritage Site, he was sentenced to a pitiful 7.5 years in prison, and of course, he didn't even serve that, after serving a mere two-thirds of his sentence, he was released back in 2009. 

Strugar will be buried this Saturday at the Bežanijska cemetery in the Serbian capital, according to a report from Mondo.rs.

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