Privatization began in the Republic of Croatia after the year of 1990 and after transformation from planned economy to a market economy, that is, after leaving socialist system for parliamentary democracy. Croatia entered the process of privatization with its primary goal to market and sell a part of property which was, until then, communally owned property. On the list for sale was also a big number of hotel companies in which the Government had its ownership shares, major or minor. This final thesis contains the analysis conducted on yours and final out-turns of the process of privatization in Croatian hospitality. Theme in goal was to portray the clear course of privatization of hotel companies from 2000 to 2018 and to determine the degree of its success and importance for Croatian economy. Based on the conducted analysis and comparison of obtained results, the conclusion is that the privatization was shown through successfully, but also irrational and slow. Frequent political changes and disagreements among the institutions in charge for privatization also had a powerful impact on the entire process of privatization, for which many opportunities for sale of hotel companies and launch of Croatian hospitality after the Croatian War of Independence have been lost. However, selling the most majorly government-owned companies and earning from sale, privatization in Croatian hospitality has given a positive contribution to Croatian economy.