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
The Adriatic Sea has remained a place firmly planted in history for trade, transportation and recreation with coastlines ruled by the Ostrogoths, Lombards, and the Byzantine Empire. Right in the heart of the Adriatic, offering easy access to Croatia and Venice in the North or Albania and Greece to the South, is Montenegro. If you… READ MORE
Azerbaijan invested 45 million euros in the economy of Montenegro in ten months of 2017, says a message posted on the website of the Central Bank of Montenegro. The message says that the share of Azerbaijan accounted for nine percent in the total volume of investments put in Montenegro in the period. The entire volume… READ MORE
It was once the overlooked side of Europe, disregarded in favour of Paris, Rome, and the jewels of the Mediterranean. But discerning travellers are increasingly looking east for luxury European escapes, and Aman’s Sveti Stefan makes an excellent case for doing so. It is a destination in and of itself – one for the bucket… READ MORE
Montenegro Airlines (YM, Podgorica) will launch two new routes between Tivat and Germany in May 2018 in cooperation with FTI Group tour operator. The Montenegrin carrier will operate from the country’s main seaside resort to Leipzig/Halle and Munich. Both routes will be served 2x weekly on Thursdays and Sundays from May 3 through October 27,… READ MORE
On the drive from Dubrovnik, the centuries-old port town beckons from between dramatic limestone cliffs at the tip of the Bay of Kotor. From afar, the scenery takes centre stage until the terra-cotta roof tiles of the old town begin to stand out against the sheer wall of rock behind it. You’ll get an equally… READ MORE
Saudi businessman, philanthropist, investor and owner of Kingdom Holding Company, prince Al-Waleed Bin Talal bin Abdulaziz al Saud, is spending a part of his vacation in Montenegro, where he expressed interest in investments. Prime Minister Dusko Markovic met the prince at his yacht Kingdom 5KR yesterday in Budva. The prince said Montenegro was wise to… READ MORE
Deep canyons, snow-capped mountains, and water as blue as a sapphire…. Welcome to Montenegro! This tiny Balkan nation boasts of everything beautiful and exotic; scenic views constantly retelling tales of a fantasy land. Cobbled streets, mosaic floors of Roman Villas, and ancient high walls speaks volume of its rich heritage. Coastal towns, surreal islands, and… READ MORE