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BMI is forecasting steady growth across all key market indicators for tourism in Croatia. Recovery from the economic downturn in Europe is gathering pace, leading to an increase in inbound arrivals from major markets, and while the relatively limited GDP growth means increases in outbound travel is slow we do see a very positive long term investment environment present in the country. The global credit crisis impacted heavily on inbound tourism to Croatia, with arrivals declining by 2.4% in 2010 to a low of 9.1mn. Now that major markets within Europe are improving, including the top four countries for arrivals, Germany, Slovenia, Italy and Austria, we expect to see annual growth of around 5% throughout our forecast period. By 2017 we therefore expect arrivals to reach 13.3mn, impressive compared ...
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