Economy of Novi Vinodolski is dominated by tourist industry and activities supporting that particular branch of economy. Hotels, other vacation accommodation, auto camps, bungalows, apartments and rooms in privately owned houses can accommodate over 10,000 tourists at once. The city and its surroundings provide recreational, sports, and spa facilities. City port contains berths, a filling station, and other facilities required for yachting. The city surroundings�Vinodol Valley, is used for agricultural production, especially vine growing and wine making. Wines produced in the area largely resemble those produced on nearby Krk island, with �lahtina being the predominant variety produced. In addition, Cabernet Sauvignon and Chardonnay are produced. Wine production was significantly promoted since the 1990s, when refugees from Vukovar started the Pavlomir winery there during the Croatian War of Independence. A wine produced in the region, was provided as an official wine during visit of the Pope Benedict XVI to Croatia.
The city is linked by Adriatic Highway�a 40-kilometre (25 mi) segment of the D8 state road linking it to the Croatian motorway network east of Rijeka. Rijeka acts as a transportation hub of the region offering railway links to Zagreb, Ljubljana and further on to the rest of Europe, the Rijeka Airport and the Port of Rijeka. Hrvatska elektroprivreda operates the Vinodol Hydroelectric Power Plant which utilizes several reservoirs in Gorski Kotar, such as Lake Bajer for production of electrical power. This arrangement of the reservoirs and the power plant yields water head in excess of 650 metres (2,130 feet) and 90 MW rated power of the plant. Average annual production of the power plant is 139 GWh
