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CROATIAN HOTELIERS BETTER PREPARED FOR SEASON

ZAGREB, June 11 (Hina) - Tourism results in the first five months of 2002 prove the significantly improved preparedness of Croatian hoteliers for the coming tourist season in relation to last year, the presidency of the Croatian Association of Hoteliers (HUH) said in a statement on Tuesday.
ZAGREB, June 11 (Hina) - Tourism results in the first five months of 2002 prove the significantly improved preparedness of Croatian hoteliers for the coming tourist season in relation to last year, the presidency of the Croatian Association of Hoteliers (HUH) said in a statement on Tuesday. #L# The statement includes conclusions adopted at a meeting of the association held in Sibenik last week. In six counties and the City of Zagreb, more than 4.6 million overnight stays were recorded, which is a 20 percent increase in relation to the same period last year. The association warned that claims that Value Added Tax would not be decreased in 2003 would not contribute to raising Croatia's competitiveness in tourism and hotel industry. The Association believes that a graduated VAT rate, similar to those in rival tourist countries, should be introduced for all types of tourist spending. Hoteliers also called on the Tourism Ministry to negotiate with the Croatian Bank for Reconstruction and Development so that it re- programme loans for hoteliers who cannot meet their obligations. The presidency also warned of the negative effects of the appreciation of the national currency during last year's season and warned that it could additionally lessen this year's business results. (hina) sp rml

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