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undergraduate thesis
The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik
2024. urn:nbn:hr:229:863681
Sentić, Leona
RIT Croatia

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Sentić, L. (2024). The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik (Undergraduate thesis). Dubrovnik: RIT Croatia. Retrieved from https://urn.nsk.hr/urn:nbn:hr:229:863681

Sentić, Leona. "The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik." Undergraduate thesis, RIT Croatia, 2024. https://urn.nsk.hr/urn:nbn:hr:229:863681

Sentić, Leona. "The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik." Undergraduate thesis, RIT Croatia, 2024. https://urn.nsk.hr/urn:nbn:hr:229:863681

Sentić, L. (2024). 'The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik', Undergraduate thesis, RIT Croatia, accessed 12 September 2024, https://urn.nsk.hr/urn:nbn:hr:229:863681

Sentić L. The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik [Undergraduate thesis]. Dubrovnik: RIT Croatia; 2024 [cited 2024 September 12] Available at: https://urn.nsk.hr/urn:nbn:hr:229:863681

L. Sentić, "The Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik", Undergraduate thesis, RIT Croatia, Dubrovnik, 2024. Available at: https://urn.nsk.hr/urn:nbn:hr:229:863681

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Metadata
TitleThe Role of Private Accommodation in Transforming to High-end Tourism in Dubrovnik: Attractiveness of Renting and Selling Villas in Dubrovnik
AuthorLeona Sentić
MentorKevin Walker (mentor)
GranterRIT Croatia
Dubrovnik
Defense date and country2024-04-27, Croatia
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract
The research is focused on examining the luxury private accommodation units in Dubrovnik, Croatia. Through the analysis of Dubrovnik rental and real estate market, especially focusing on high-end accommodation, the research aims to investigate the contribution of high-end accommodation to Dubrovnik9s aspiration to transition from mass to luxury tourism model. The study focuses on the financial attractiveness of renting and investing in luxury villas in the region. Despite past failed large-scale projects and constant challenges raised from the extensive mass tourism that Dubrovnik is experiencing, there is an increased demand for luxury properties. The research involves analyzing data obtained through OTA and Real estate online platforms, particularly connected to the night rates and listings available. Ultimately the financial attractiveness and viability is evaluated in relation to current market conditions and certain assumptions and limitations to the study. The methodology included gathering night rates from OTA platforms combined with real estate agencies listings and calculating the traditional financial performance metrics using the obtained data from the sources. At the end, eight high-end villas were examined from a financial attractiveness standpoint and only two villas, considering current market situation, stood out as financially attractive.
Keywords
Languageenglish
URN:NBNurn:nbn:hr:229:863681
Study programmeTitle: Service Management
Study programme type: professional
Study level: undergraduate
Academic / professional title: stručni/a prvostupnik/prvostupnica (baccalaureus/baccalaurea) ekonomije (stručni/a prvostupnik/prvostupnica (baccalaureus/baccalaurea) ekonomije)
Type of resourceText
File originBorn digital
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2024-05-20 12:00:56