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Sarajevo Times > Blog > BUSINESS > Prices in Neum: Significant Increases or only a slight Adjustment?
BUSINESS

Prices in Neum: Significant Increases or only a slight Adjustment?

Published: May 18, 2022
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In the Adriatic in neighboring Croatia, they have significantly increased the prices of accommodation and services. Thus, the prices in most camps and hotels are already 25 percent higher than last year, and previous analyzes show that this growth will reach 50 percent in the peak season.

On our Adriatic coast, as we explored, hoteliers and private renters have made slight price adjustments.

During the season

Although faced with galloping inflation and rising costs of all input parameters, only a few were encouraged, as timidly announced, to raise prices by 20 percent this season.

Well-known Neum hotelier Dalibor Dado Kresic says that, despite the enormous price increases, there are no grounds for price growth of more than 10 percent.

”We have raised the prices of services, and food only, drinks have remained at the same price and accommodation price by 10 percent, and we have increased the salaries of workers by between 20 and 30 percent,” Kresic stated.

For private renters, prices have generally increased by 15 percent. Despite that fact, Zeljko Glavinic, the owner of “Villa Glavinic”, reveals that the reservations for accommodation in his facility during the season itself are at an enviable level. Practically, the occupancy rate has already reached 90 percent.

”People are aware of the fact that everything has become more expensive. However, there is now a noticeable trend of fewer overnight stays. For example, if they stayed for eight days last year, now three nights less are booked. People fit into some of their calculations,” Glavinic said.

Preseason cheaper

Accommodation in the pre-season is always cheaper, so in this period a night in a hotel for two people costs 100 BAM. In the season, the price will be 200 BAM. In private accommodation, a night for two people ranges between 65 BAM, as it is currently, up to 100 BAM in the season. The price of an apartment for four people in the height of the season, from July 15th to August 15th, will cost between 120 and 160 BAM.

Pizzas from 12 BAM upwards

The prices in catering facilities are also higher, as is the case in the whole of Bosnia and Herzegovina (BiH). Thus, espresso coffee is from 2 to 2.5 BAM, as much as mineral water costs, while pizzas are on average 3 BAM more expensive and range from 12 BAM and more, depending on the type. Chicken dishes cost between 13 and 16 BAM and a portion of mixed meat plate 25 BAM, Avaz writes.

E. Dz.

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