Arena Hospitality has bucked travel industry despondency with the expectation of a ‘strong’ summer in Croatia, its longstanding profit driver, and confirmation of sustained targeted investment despite market challenges. Indeed, this ‘surge in leisure demand’ is substantiated for June by industry reports of a c 80% year-on-year rise in foreign tourist nights in Istria, where Arena is based. While half the level of 2019, this is no mean feat, given extensive site closures until June, and shows pot...
Arena Hospitality has bucked travel industry despondency with the expectation of a ‘strong’ summer in Croatia, its longstanding profit driver, and confirmation of sustained targeted investment despite market challenges. Indeed, this ‘surge in leisure demand’ is substantiated for June by industry reports of a c 80% year-on-year rise in foreign tourist nights in Istria, where Arena is based. While half the level of 2019, this is no mean feat, given extensive site closures until June, and shows pot...
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