In January 2019, 208 thousand tourists came to commercial accommodation facilities, which is 1,4% less than in January 2018. Tourists realized 504 thousand overnight stays, which is 5,2% less than in January 2018, according to the data Central Bureau of Statistics (CBS). Tourists in the age group 35-44 realized the most overnight stays In January 2019, tourists had at their disposal 63 thousand rooms, apartments and camping places with a total of 138 thousand permanent beds. In January 2019, tourists in the age group 35-44 realized the highest number of overnight stays, 99 thousand overnight stays, which is 19,6% of the total number of overnight stays. They are followed by tourists in the age group 45-54 with 90 thousand overnight stays, which is 17,8% of the total overnight stays. Most tourist nights from Slovenia and Italy The highest number of overnight stays of foreign tourists in January 2019 was realized by tourists from Slovenia, 34 thousand overnight stays (11,4% of the total overnight stays of foreign tourists) and tourists from Italy, with 30 thousand overnight stays by tourists (10,2% of the total overnight stays) foreign tourists). Compared to January 2018, tourists from Slovenia increased their overnight stays by 6,4%, while tourists from Italy decreased their overnight stays by 9,4%. In the group Hotels and similar accommodation available most rooms and permanent beds Most overnight stays of foreign tourists in the City of Zagreb were realized by tourists from Italy, with 9 thousand overnight stays, and tourists from the Republic of Korea, with 7 thousand overnight stays. Compared to January 2018, tourists from Italy increased their arrivals by 3,4% and increased their overnight stays by 3,2%, while tourists from the Republic of Korea increased their arrivals by 6,8% and increased their overnight stays by 17,9%. . The highest number of tourist arrivals and overnight stays in January 2019 was realized by the City of Zagreb, 56 thousand arrivals, which is 27,0% of the total arrivals and 121 thousand overnight stays, which is 23,9% of the total tourist overnight stays. Although the City of Zagreb achieved the highest number of tourist arrivals and overnight stays in January 2019, there was a decrease in tourist arrivals by 9,4% and a decrease in tourist overnight stays by 14,5% compared to January 2018. In January 2019, the highest number of tourist nights was realized in hotels, 312 thousand overnight stays, which is 61,9% of the total number of overnight stays. Compared to January 2018, 1,2% fewer tourists came to hotels with 8,0% fewer overnight stays. Most nights spent in hotels Source: CBS The City of Zagreb had the highest number of arrivals and overnight stays In the group Hotels and similar accommodation, there were a total of 37 thousand rooms and suites available to tourists (which is 58,9% of the total number of available rooms and suites) with a total of 71 thousand permanent beds (which is 51,6% of the total number of available permanent bed). The average occupancy of rooms was 22,1%, and permanent beds 18,2%. Domestic tourists came 0,2% less and realized 1,0% less overnight stays than in January 2018. Foreign tourists came 2,3% less and realized 7,9% less overnight stays in January 2019 than in the same period last year years. This is followed by overnight stays of tourists from Austria (9,3%), Germany (8,3%), the Republic of Korea (8,0%), Bosnia and Herzegovina (7,7%), the USA (4,2%) and Serbia (3,7%).
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BpfBouw, the €63bn Dutch scheme for the building sector, has stated it will keep investing in “expensive” asset classes such as private equity and hedge funds, “as their high management costs also mean risk reduction through returns and diversification”.In its annual report for 2019, it said that higher costs through a larger allocation to illiquid assets are justifiable, because the investments contributed positively to its risk-return profile.Although private equity and hedge funds made up no more than 7% of the fund’s entire investment portfolio, the combined costs comprised almost half of the scheme’s asset management costs of 55 bps last year.The asset classes, however, had delivered net returns of 22.2% and 6.9%, respectively. BpfBouw closed 2019 with a funding level of 112.4%It added that it had raised its contribution for 2020 by 2 percentage points to 22.2%, after a five-year period of stable premiums.However, it suggested that a further rise next year will be likely, as lower allowed assumptions for future returns must be factored in.The pension fund closed 2019 with a funding level of 112.4%, enabling it to grant its participants and pensioners an inflation compensation of 0.26%.In April 2020, its coverage ratio had fallen to 108.7%.BpfBouw has 146,545 active participants, 371,095 deferred members and 250,870 pensioners, affiliated with 13,105 employers.To read the digital edition of IPE’s latest magazine click here. BpfBouw said it had already reduced private equity costs through a selection programme for investments, in order to limit performance fees in funds of funds.It added that it had decreased management fees for hedge funds by 27% during the past five years by negotiating service fees.That said, performance of both asset classes fell short of their respectively benchmarks last year, with private equity underperforming 8.8 percentage points and hedge funds 1 percentage point.The pension fund reported a net overall return of 17.9%, an underperformance of 0.9 percentage point.As most of its investments are actively managed, it said it will raise the issue of underperformance with its asset manager, APG.Residential propertyThe building scheme attributed the 11.7% gain on its 16.9% real estate portfolio largely to the performance of residential property.It said that its Dutch Residential Fund had exceeded its benchmark during the past five years.It added that its international investments – comprising almost one-third of its property portfolio – had also outperformed, thanks to an overweighting to residential property, in particular in Germany, China and North America.The pension fund said equity had generated 26.7%, and added that the underperformance of 2.6 percentage points was due to its quantitative and focus strategies.Its 42% fixed income allocation had delivered 9.2% as a consequence of falling interest rates, in particular in Italy, Spain and Portugal, according to BpfBouw.It said that profits of 9.6% and 15%, respectively, for high yield credit and emerging market debt were the result of quantitative easing of central banks.BpfBouw’s holdings of inflation-linked bonds and non-listed infrastructure projects gained 5.3% and 21.4%, respectively.The scheme cited recovering oil prices as well as increasing value of precious metals as the main causes for a 18.7% return on commodities in 2019.
RelatedPosts Akpeyi’s South African club gets new coach Akwa Ibom indigenes in South Africa worry over high unemployment in state 11 Nigerians die of COVID-19 in South Africa — Union Enyimba International Football Club of Aba on Sunday booked a spot in the group stage of the CAF Confederation Cup following a 2-1 away win against South African side TS Galaxy.News Agency of Nigeria reports that the match played at the Mbombela Stadium in Nelspruit, South Africa was a return leg fixture of the playoff round.The Peoples’ Elephant won the contest 4-1 on aggregate having edged out the South African Division One club 2-0 in the first leg a week earlier at the Enyimba International Stadium, Aba.Ghanaian defender, Daniel Darkwah, put Enyimba ahead in the 76th minute.Martins Usule who scored the second goal in the first leg then put the game beyond the hosts by netting another eight minutes from time.The home team got a consolation goal a minute from time through Siyaduma Mashego.The Nigeria Professional Football League club giants are looking to become the first Nigerian club to win the CAF Confederation Cup. Tags: South Africa
Jon Leuer wasted no time going to work this season, hitting three consecutive three-pointers at the outset of the season opener.[/media-credit]After the Wisconsin football team erupted for 83 points last Saturday versus Indiana, there may have been just a little pressure on the men’s basketball team to make sure they weren’t outscored.But after two high-scoring exhibition games, the Badgers prevailed in that regard two nights ago in the season opener, scoring 99 points to Prairie View A&M’s 55. It was Wisconsin’s highest point total since December of 1995.A number of Badgers turned in encouraging performances on offense in that game and they will look to continue their hot hands against visiting North Dakota tonight.Head coach Brian Jones leads the Fighting Sioux into the Kohl Center following a 77-46 season-opening victory against Waldorf College last Friday.The Sioux return three starters from last year’s squad that finished just 8-23 overall and 5-7 in the Great West conference.After losing their top two leading scorers from last year, North Dakota welcomes 6-foot-4 freshman Troy Huff onto the team, who posted 18 points and six rebounds in his debut.And although the Fighting Sioux are still trying to find their footing in Division I basketball – it being just their third season in college basketball’s top flight – the Badgers know well enough not to think of NDU as a push-over.Against Prairie View, the Badgers struggled early to convert on open looks and committed eight turnovers in the first half.That prevented the Badgers from establishing a firm hold on the game, as they led by just 10 at halftime.Wisconsin fine-tuned itself in the second thanks in large part to huge contributions off the bench, as the team improved its field goal percentage by 13.2 percent and three-pointer percentage 18.4 percent by game’s end. Turnovers were cut to four.Head coach Bo Ryan was unenthusiastic of the first half turnovers, but pointed out that they can be fixed before becoming too much of a nuisance.“Four a half is plenty for me,” he said. “What did we have in the first half, eight? Yeah, that’s too many so you got to cut those out. Was it because of pressure? was it because of bad decisions? I know a couple that were just definitely bad decisions on our part and other times it was because of the quickness of the [opponent] or length or things like that.”“We got to get better at ball fakes, we got to get better with our handle – so all things that can be corrected.”Despite starting slow initially in their season-opener, the Badgers feel confident when it comes to scoring, where its potential runs deep into the bench.Even though the reserves saw more time than usual on the court since the game was put away early, Wisconsin’s starting five accounted for just 48 of the 99 points scored.“We’re looking for guys all over that can do that (score), whether its Ryan (Evans) or Rob (Wilson) when he gets healthy, Keaton (Nankivil), we have guys right down the line that can step up and you don’t know who’s going to put up numbers or score points on any given night,” senior forward Jon Leuer said. “That’s definitely one of the strengths of our team and with a lift like that off the bench it helps a lot.”Junior guard/forward Rob Wilson’s status is uncertain for the meeting against North Dakota. Wilson strained his hamstring within his first five minutes of gameplay in Wisconsin’s exhibition opener just over a week ago.One of UW’s brightest revelations from the PVAM game emanated from freshman guard Josh Gasser, who knocked down 21 points to begin his college career.While Ryan believes Gasser will continue to find success, he doesn’t think it will be long before opposing teams begin to zero in on him.“I remember being in the press conference after Jon Leuer hit 24 threes against Michigan – I’m exaggerating – but it seemed like that by the time we were done and, yeah, he was open,” Ryan said. “In every scouting report after that everybody’s got Jon Leuer down as a threat to shoot from the outside so he didn’t get those same kind of looks and people played him a little differently so people are going to look at Josh Gasser [the same way].”Nevertheless, the Badgers appear to have the luxury of a big enough rotation filled with guys who can fill in the scoring gaps.And it’s got junior point guard Jordan Taylor feeling pretty good.“As long as we all stay healthy and just keep working hard I think the sky is the limit for this team, especially when we got guys like that coming off of the woodwork knocking down threes like that,” he said.