From 2003 to 2017, the number of entrepreneurs in the tourism and hospitality industry quadrupled

first_imgDuring the observed period (cross-section 2003-2007-2012-2017), the number of entrepreneurs in the activity of providing accommodation and food preparation and serving is the highest in 2017, according to FINA data.At the beginning of the observed period, in 2003, this number was significantly lower, 2771 entrepreneurs, and by 2007 their number increased by 50%, to 4153 entrepreneurs, and by 2012 the growth was slightly lower, 43%, while the highest growth was achieved in the last period of five years, from close to 75%, and the total number of entrepreneurs increased to 10.The analysis of entrepreneurs in 2017 in the activity of providing accommodation and food preparation and serving, according to the seat of business, showed the highest concentration of entrepreneurs in the County of Zagreb (2433), followed by Split-Dalmatia (1660), Primorje-Gorski Kotar (1124) and Istria County (1055). The lowest number of entrepreneurs in this activity is based in Virovitica-Podravina (50) and Požega-Slavonia County (63).Entrepreneurs based in the County of Istria are the first in terms of total revenues of entrepreneurs in the observed area of ​​activity in 2017 (HRK 6,3 billion).Source: FINAA comparison of the number of employees in entrepreneurs in the activity of providing accommodation and food preparation and serving, through the observed period, showed that compared to 2003, the number of employees in 2017 was higher by 32 (749%). The largest increase in employees, as in the case of growth in the number of entrepreneurs, occurred in the period from 91,5 to 2012, when the number of employees increased by 2017%.Entrepreneurs whose predominant activity is the provision of accommodation and food preparation and serving achieved the highest profit for the period of 2017 in the amount of HRK 2,6 billion, which is 163,4% more than in 2003. The biggest winner in 2017 was the company VALAMAR RIVIERA dd with a profit of HRK 232,0 million. The loss for the period was the largest in 2012 and amounted to HRK 1,7 billion (59,2% more than in 2017). The biggest loser in 2017 was company DVADESET OSAM doo with HRK 126,3 million. Entrepreneurs in the activity of providing accommodation and food preparation and serving performed negatively in 2007 and 2012, with the largest net loss in 2012, in the amount of HRK 723,1 million. Society GRAND HOTEL LAV DOO the first is according to the amount of the realized loss in 2012, which amounted to HRK 176,2 million. In 2017, the company achieved a positive financial result in the amount of HRK 12,2 million. The largest investments in new fixed assets were realized in 2007 and amounted to HRK 4,5 billion, while in 2017 they amounted to HRK 2,5 billion, which is 44,6% less than in 2007. The largest investor in 2007 was the company SUNČANI HVAR dd with HRK 300,0 million investment in new fixed assets, while in 2017 the leading company was MAISTRA dd, with HRK 480,6 million.Source: FINAAccording to the productivity indicator measured by the average income per employee, which in 2003 amounted to slightly less than HRK 269 thousand, 2017 was more successful because this indicator increased by 41% and amounted to HRK 379,6 thousand of income per employee. Profit for the period per employee in 2003 amounted to HRK 27,2 thousand, and in 2017 it increased to HRK 37,3 thousand (38%).The profitability of entrepreneurs whose predominant activity is the provision of accommodation and food preparation and serving in 2003 amounted to 101,0 kuna and in the next decade decreased to 67,4 kuna (2012), and then in 2017 increased to 98,4 kuna, which is still less (97%) compared to 2003. The efficiency of total operations (ratio of total revenues / total expenditures) in 2003 amounted to 104,1%, but in 2007 it dropped to 100,2%, and in 2012 it was even lower, 95,9% to be the largest in 2017, 107,4%.The average monthly calculated net earning of persons in paid employment in entrepreneurs in the activity of providing accommodation and food preparation and serving in 2017 amounted to 4.653 kuna and was by 1.562 kuna or 50,5% higher compared to the salary calculated in 2003 (3.091 kuna) and by 13,4% lower compared to the average monthly net salary of Croatian entrepreneurs (HRK 5.372). For comparison, the average monthly net salary of employees in 2003 at the level of all entrepreneurs amounted to HRK 3.462, which in the meantime increased by 55,2%, which is slightly higher than the growth at the level of entrepreneurs in the tourism and hospitality industry. Attachment: Basic business data of entrepreneurs by counties for 2017Related news:IN THE PERIOD OF TEN YEARS IN THE TOURIST AND CATERING ACTIVITY THE NUMBER OF ENTREPRENEURS MORE THAN DOUBLElast_img

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