Expressions Of Interest For Consultancy Services Croatia And Montenegro Inclusive Tourism Credit Facility Implementation SupportTourism IsOne Of The Main Contributors To Countries Bordering The Mediterranean Sea ItLargely Contributes To Gdp In Total Including Spillovers And IndirectContributions And Accounts For Similar Shares Of Employment Tourism HasExperienced Healthy Growth In The Past Years But Many Countries Are StrugglingTo Maximize Benefits For Their Economies In Particular In Terms Of SpreadingThe Benefits To A Wider Range Of Economic Players Tourism Sectors Are OftenCharacterized By A Focus On All Inclusive Seaside Places Which Often EntailsLimited Tourism Expenditure Trickling Down To Local Communities As Well AsHigh Seasonality In Revenues In Addition Many Hotel Operators Struggle ToFind And Retain Qualified Workers Who Meet The Increasing Expectations OfTourists For High Levels Of Service Quality To Support Countries AndHospitality Operators In Addressing These Challenges The European Bank ForReconstruction And Development The Ebrd Or The Bank Has Approved The Inclusive Tourism Framework In The Eastern Mediterranean The Itfw UnderThe Itfw The First Intermediated Credit Line The Facility Will Be ProvidedBy Ebrd To Erste Amp Steiermaerkische Bank D D A A Commercial BankIncorporated In Croatia The Partner Bank For On Lending To HospitalityOperators Such As Hotels Camp Sites Etc The Sub Borrowers In Croatia AndMontenegro
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