Hotel offer in Montenegro has become richer! Twenty-five new hotels with a total of 1.985 beds. As data of the Ministry of Sostainable Development and Tourism indicate, high.category hotels are dominant. Even six of them offer the services that meet the five-star standards. Accommodation structures of high category are increasing and numerous stimulating measures have… READ MORE
Tivat residents Nada Petković and Marko Kostić want to build a five-star hotel within the planned waterpark in Tivat. They have already obtained the approval for the hotel’s conceptual design, developed by the acting chief state architect Dušan Vuksanović. The hotel has been projected by the Urbanist Project Company from Budva and the area of… READ MORE
The Carine company, owner of hotels Park and Delfin in Bijela, is planning to build a new hotel in Kumbor, right next to Portonovi. It is to be a four-star hotel with 200 and 220 rooms. “With a reputation of a fast-moving company, we expect the new hotel could be finished by the next season”, owner of… READ MORE
The Azmont Investments company has been given consent by the chief state architect Dusan Vuksanovic to the preliminary design for a facility in the T2 tourist zone – tourist village Portonovi, in Kumbor. The area of this urban plot is 54,530 square metres, and the construction of a hotel complex, composed of several tourist facilities,… READ MORE
The island of Lastavica with the Mamula fortress is being cleaned, after which the conservation and restoration of the fortress should be started, which would be turned into a five-star hotel. Also, the lessee Swiss Orascom, is conducting active discussions with relevant institutions in charge of cultural and historical heritage in order to determine what… READ MORE
Montenegro comes from two words: ‘monte’ and ‘negro’ which means Black Mountain. This infamous name comes from the dark mountain forests that cover the land. It is a piece of heaven you’ll find along the borders of Croatia, Bosnia, and Herzegovina. Jonathan and I ended our trip in Montenegro a couple of days ago. We… READ MORE
More than €500,000 was invested in the Mamula fortress, it was stated after the sitting of the Privatisation and Capital Investments Council chaired by PM Dusko Markovic. The Privatisation Council discussed several annual investment reports, including the 2017 report on the reconstruction of the Mamula fortress on the Lastavica island. The investor already began preparatory… READ MORE
Herceg Novi will get the hotel of the prestigious brand Ritz-Carlton. Investors will invest €80m instead of €141m, as it was foreseen in the basic agreement. This is stipulated by the Annex 2 of the agreement of the consortium consisting of the Podgorica-based Northstar company and UK Equest Capital Limited. Montenegrin government discussed the agreement… READ MORE
The Maestral Hotel, co-owned by Petros Stathis and Paul Phua, has won the annual Wild Beauty Award 2017 for the best hotel in Montenegro. The renovated hotel was opened in mid-July. It is located in the Przno village near the Sveti Stefan island, one of the most beautiful parts of the Montenegrin coast. This state-of-the-art… READ MORE
Thailand has topped fDi’s inaugural ranking of global tourism locations with the best potential for investment. The balmy Maldives is second, while Asian business hub Hong Kong has placed third. Cathy Mullan explores the winning locations. Thailand’s food, beaches and sunshine make it a popular holiday destination for millions of tourists every year. But its… READ MORE