Small and family-run hotels welcome new grant scheme

Small and family-run hotels have seen an increase in their revenues of 10-15% this year, however, in order to keep pace with the competition, these business establishments must further improve their amenities and services, which is why they are interested in the latest grant scheme worth HRK 304 million for SMEs in tourism, according to Sime Klaric, the chairman of the national association of small and family-run hotels in Croatia.

Small and family-run hotels have seen an increase in their revenues of 10-15% this year, however, in order to keep pace with the competition, these business establishments must further improve their amenities and services, which is why they are interested in the latest grant scheme worth HRK 304 million for SMEs in tourism, according to Sime Klaric, the chairman of the national association of small and family-run hotels in Croatia.

Klaric said in his interview with Hina on Thursday that the association welcomed the latest grant scheme under which 35-45 percent of investments by small and medium sized enterprises in tourism would be co-financed through subsidies. The maximum grant may be 10 million kuna under this loan programme.

The association currently includes some 200 members, and according to some estimates there are nearly 400 small and family-run hotels with 16,000 beds throughout Croatia

Entrepreneurship and Crafts Minister Gordan Maras presented the scheme at Croatian Tourism Days in Porec on Wednesday.

(EUR 1 = HRK 7.6)

(Hina)

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