Development Impact of FDI in Hotel: Case Study of Terme Tuhelj in Croatia


  • Jože Perić University of Rijeka
  • Maja Nikšić Radić University of Rijeka



FDI, Tourism, Development Impact, Terme Tuhelj


The main objective of this study is to assess the development impact of foreign direct investment (FDI) in tourism in the case of foreign-owned hotel on the micro-location of Croatia. As an example of this study, the FDI in the Terme Tuhelj, a hotel complex which is located in the area of small local government in the continental Croatia, is choosen. The research methodology is based on questionnaires, unstructured interviews and processing of secondary data sources. The research results show that Terme Tuhelj became the engine of growth of Tuhelj municipality and Krapina-Zagorje County. The Terme Tuhelj example showed how a foreign-owned hotel, in less developed country, has a significant development impact on the local economy. 


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How to Cite

Perić, J., & Nikšić Radić, M. (2016). Development Impact of FDI in Hotel: Case Study of Terme Tuhelj in Croatia. Almatourism - Journal of Tourism, Culture and Territorial Development, 7(13), 66–78.