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Montenegro’s agreement with Adriatic Properties over Sveti Stefan fails, arbitration resumes

Negotiations between the Montenegrin government and the lessee of the elite resort Sveti Stefan, Adriatic Properties, have failed, and the arbitration process in the...

Overview of the largest hotel companies in Montenegro: Profits, revenues and trends in 2024

In 2024, the top 20 hotel companies in Montenegro achieved a combined profit of €39.5 million, marking a 15.95% increase compared to €34.1 million...

Montenegro seeks optimal resolution for Sveti Stefan dispute amid investor arbitration

The Government of Montenegro has stated it is doing everything possible to resolve the issue of the Sveti Stefan and Miločer hotel complex in...

Uncertainty surrounds the opening of Sveti Stefan hotel for fifth consecutive summer due to government delays

Once a hallmark of Montenegrin tourism, the Sveti Stefan city-hotel will likely remain closed for the fifth consecutive summer, as the government has not...
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Manor Hotels appeals decision on beach lease, claims process was flawed

The Tivat-based company Manor Hotels, which owns the Casa Manor hotel, has filed an appeal to the second-instance commission of the Public Enterprise for...

Royal Town Kotor: New residential and tourist complex approved for construction in Kavač

In the Kotor neighborhood of Kavač, a residential and tourist complex called Royal Town Kotor will be built, with the investment now moving closer...
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