An in-depth financial analysis of Croatian tourism companies listed on the Zagreb Stock Exchange for H1 2021 indicates the current recovery pace. Although the analysed period precedes the high tourism season, H1 2021 /H1 2020 change rates of operating revenue are encouraging. They are followed by positive EBITDA, opposite to H1 2020 negative EBITDA. Understanding that companies listed at the Zagreb Stock Exchange are the leading companies, we believe the whole sector would show somewhat lower performance. However, since their financial reports are published annually, we can only analyse this after the year closure.