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Austrian investors call for better legal framework for investing in Croatian hotel industry

Autor: ;mses;
BOL, May 8 (Hina) - It is necessary to urgently make a legal framework to facilitate investment in Croatia's tourist sector, said participants in a conference on the Croatian hotel industry, held in Bol on the southern island of Brac on Friday.
BOL, May 8 (Hina) - It is necessary to urgently make a legal framework to facilitate investment in Croatia's tourist sector, said participants in a conference on the Croatian hotel industry, held in Bol on the southern island of Brac on Friday.

The event was organised by the Croatian-Austrian Chamber of Commerce, the Austrian Hotel Investors in Croatia group and the Croatian association of hotel and restaurant owners and managers (HUH).

Georg Eltz of the Austrian Valamar group said Austria was the top foreign investor in Croatia, having invested nearly EUR 6 billion over the last 15 years.

He complained about high operating costs of Austrian hotel investors in the country.

We believe tourism in Croatia must become a major strategic economic branch, but the question is whether Croatian politicians think so too, said Eltz.

(Hina) ms

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