The supply of privately rented holiday accommodation in Croatia saw strong growth in the first quarter of 2012, according to expert’s view. In addition, as global hotel rates rose by an average of 4% in 2011, 36% of respondents, according to survey conducted by Croatian Company stated they were considering alternative accommodation this year, with holiday rentals the top choice for more than 80%.
Saving money is also one of the top reasons why one in six holidaymakers will spend their main break at home this year.
Nicky Anson, owner of two properties in Istria, Croatia, commented «2012 is shaping up to be one of our best rental years yet, with high levels of booking enquiries from January onwards. The end of April saw another flurry of bookings too as our last available high season weeks were snapped up».
Croatia was the third best performing destination for supply in the first quarter of 2012, jumping one position from the fourth quarter of last year. With the country's membership of the EU looming, its property market continues to see a surge in demand by foreign buyers. Demand from tourists is growing rapidly too, as also reported by Cosmos Holidays which recently announced sales have quadrupled since last year.
Source: http://www.balkans.com/open-news.php?uniquenumber=146727