13 April 2019 - For many years, "Budvanska Rivijera" has managed to preserve a strong position on the tourist map of Europe by branding its tourism product and contributing to a better position of Montenegro as a tourist destination. Breathtaking nature, supreme service, rich and imaginative cuisine, friendly hosts and the abundance of culture and entertainment events make a long-term basis for successful business operations of this hotel group.
Hotel Group Budvanska Rivijera is one of the largest hotel groups in Montenegro. It consists of five hotels located in some of the most attractive locations in Budva: Hotel Mogren, Hotel and Resort Slovenska plaža, Hotel "Aleksandar", Hotel Palas and Hotel Castellastva. Throughout the years this hotel group has been recognized as a company that continuously invests in quality improvements which result in a constant increase in the number of overnight stays and financial indicators. Following global trends in sustainable development in the tourism and hotel industry, HG Budvanska Rivijera has introduced an integrated management system by unifying three international ISO standards in the field of quality management (ISO 9001), environmental management (ISO 14001) and food safety management (ISO 22000 ), which is currently the only company in Montenegro operating under this principle. This hotel group has been awarded the Travelife Gold Certificate - an international quality label in the domain of respecting environmental and social principles, which shows that the company is committed to achieving high customer and employee satisfaction, reducing operating costs and respecting the principles of sustainable tourism. All this effort by HG Budvanska Rivijera was recognised on the annual award ceremony "Wild Beauty Award", during which the company was awarded a certificate for contribution to quality and development of tourist offer of Montenegro through the implementation of standards in the hotel industry.
Hotel Mogren is an authentic city hotel categorized with three stars. Built in 1934, it is an undisputed tourist symbol of Budva. Located near the walls of the Old Town, it was named after the nearby beach Mogren, one of the most beautiful beaches in Budva. The Mogren tourist season 2018 will be remembered for numerous novelties. After the adaptation of Gradska kafana (English: City Tavern), Mogren Hotel welcomed guests in a new, redesigned edition with an improved gastronomic offer, as well as a series of cultural and entertainment events on the terrace of the pop-up restaurant Makarul. Musical concerts by Zorica Kondža, band Cambi, Vanna and Kaliopi attracted many tourists and locals to the most beautiful terrace in the city. In the upcoming tourist season 2019, Mogren will continue to surprise all tourists and locals with improved event offer.
Pop-up restaurant Makarul, located on the first floor of Hotel Mogren, is the first pop-up restaurant in Montenegro. A pop-up restaurant is a provisional event designed to showcase culinary talents at a temporary location. Makarul's pop-up restaurant is the pioneer of new trends in cooking and catering, with a focus on the essence of providing restaurant services – which is the content of the served plate. Makarul offers traditional and modern cuisine in a pleasant ambience with an amazing view of Old Town Budva.
Although quite spacious, HG Budvanska Rivijera’s Gradska kafana is often too small to accommodate all those who want to enjoy the beautiful ambience, excellent music as well as local and international cuisine.
Restaurant Pjaca is a unique Mediterranean corner of the Hotel complex Slovenska plaža. When it comes to Budva, one of the first associations, aside from the sandy beaches and blue sea, is definitely the Hotel and Resort Slovenska plaža, which has been present on the Montenegrin market for more than three decades and is a kind of brand of the Hotel Group Budvanska Rivijera. In the very heart of this small Mediterranean city full of diverse facilities and well-groomed green areas, there is restaurant Pjaca. The charming ambience of this corner of Slovenian beaches will attract you at first glance, while friendly hosts and the excellent gastronomic offer will make it an inevitable place when visiting Budva. The menu of the Piazza restaurant is dominated by Mediterranean cuisine - small fried fish, homemade squid, tuna, seafood, mussels, and homemade pasta. The gastronomic delight is emphasized with a special way of serving meals - in Pjaca you will eat certain foods from unusual pots, which gives the overall experience a special seal and warmth.
In the heart of a small coastal village near Budva, a small cove and a fishing village Petrovac, there are hotels Palas and Castellastva. These hotels in the Budva Riviera are characterized by an attractive location near the sea, surrounded by natural greenery, comfort, hospitality and a unique memorable atmosphere. Apart from the standard hotel facilities, the Palas Hotel has an exceptional gastronomic offer of Makarul's pop-up restaurant, a modern and well equipped wellness & spa centre with indoor and outdoor swimming pools as well as a children's playroom.
12 April 2019 - Around 2.267 employees worked in seven of the most important hotels and tour companies in Montenegro last year, and they made a profit of 151 million EUR.
Maestral hotel and casino in Budva generated the highest profit of 36,6 million EUR. Next comes Luštica Development, with 33,3 million EUR. Budvanska Rivijera made a profit of 21,5 million EUR, HG Montenegro Stars – 20,7 million EUR, HG Belvi – 14 million EUR, Adriatic Properties – 12,9 million EUR and Beppler and Jacobson Montenegro – 1,8 million EUR.
Five out of seven companies finished the last year with a positive performance. Maestral made the highest profit – 10,7 million EUR. Belvi Hotel Group from Budva ended last year with a gain of 4,64 million EUR. Budvanska Rivijera made a profit of 2,6 million EUR, while Beppler and Jacobson Montenegro made a net profit of 1,52 million EUR. The profit of Montenegro Stars amounted 342.738 EUR whereas the Adriatic Properties was at a loss – 5,72 million EUR. Luštica Development also operated at a loss of 475.545 EUR.
Montenegro Stars company had the highest number of employees last year – 650. Budvanska Rivijera counted 585 and Maestral 357 employees. Adriatic Properties had 280 employees and Belvi Group had 214. At the end of last year, Beppler and Jacobson had 93 employees, and Luštica Development – 88. Budvanska Rivijera has the highest capital – 190 million EUR. The capital of Montenegro Stars amounts 80,37 million EUR, Beppler and Jacobson – 36,2 million EUR. The capital of Belvi amounts to 28,2 million EUR and Maestral had the capital of 20,56 million EUR. Adriatic Properties had negative capital amounting to 49,5 million EUR.
Owner of the Maestral hotels and casinos company from Budva is Fasamo, a company from Podgorica. President of the Board of Directors is Georgios Lychnos, while Christos Tsemperas is the CEO.
This company manages Maestral hotel, which was reopened in July of 2017 after being reconstructed. Luštica Development is the branch of Swiss Orascom Development Holding. Samih Saviris is the President of the Board of Directors and Daren Gibson is the CEO. This company is carrying out the Luštica Bay project. Last year, the first phase of the marina with 176 berths was opened in Luštica Bay, along with the first ultra-luxurious Chedi hotel and marina settlement with around 220 residential units.
Budvanska Rivijera is still mostly state-owned. Saša Radović is the President of the Board of Directors of this company. Katarina Kažanegra is the CEO. Founders, that is, co-owners of Montenegro Stars hotel group are Žarko Radulović and Viktor Ivanenko. Milan Vuković is the CEO of this company. Splendid is within this company too. Owners of Belvi Hotel Group are Branko and Predrag Ćupić and Selim Kolar is the CEO. President of the Board of Directors of Adriatic Properties is Petros Statis and Goran Bencun is the CEO.
Founder of this company is Aidway Investments from British Virgin Islands. Adriatic Properties is the long-term tenant of Sveti Stefan hotel, Miločer villa, and Kraljičina plaža hotel. Founder of Beppler and Jacobosn company is Lawson Trading INC. This company manages Avala hotel in Budva and Bjanka hotel in Kolašin. Nikola Kasalo is the CEO and Alexander Safian is the president of the Board.
Source: Cafe del Montenegro
The presentation of the tourist offer of Bar was held in the capital of Ukraine at the hotel "Opera" in Kiev, where a business workshop of tourist businesspeople of Montenegro and Ukraine was also held. The Tourist Association of Bar was one of the co-organizers of this event in cooperation with the Embassy of Montenegro in Ukraine, NTOCG and the Tourist Organization of Budva.
"The guests were greeted by the Ambassador of Montenegro to Ukraine Ljubomir Misurovic, and the director of NTOCG Zeljka Radak Kukavicic, and the representatives of the Ministry of Sustainable Development and Tourism and TO Bar and Budva presented the natural and cultural values of our climate, the offer for the upcoming summer tourist season and the airlines between the two countries. Then a business workshop was held where the Montenegrin representatives held meetings with Ukrainian tour operators and agencies in order to establish cooperation in the future," TO Bar said.
According to the same information, the presentation included Ukrainian tour operators Alf, TUI Ukraine, Kompas Travel, Join UP, Orbita, Siesta, Coral, Pilon, Wind Rose, Sky Up, Allianz, Pegas, Annex, Pan Ukraine, TEZ Tours and more.
Text by Radomir Petric, on April 11th, 2019, read more at Vijesti
09 April 2019 - To enrich the tourist offer, but also to support music bands in Montenegro, the Tourist Organisation of Budva Municipality is organising a Rock Band Competition on April 29, which will officially mark the beginning of this year's Carnival May Evenings in Budva.
From April 29 to May 5 the resort town of Budva will host the 17th International Festival - Carnival May Evenings, which will open the summer season in this coastal region of Montenegro. The annual spring carnival takes place at the walls of the Old Town of Budva and is one of the most important and most significant in this popular city of tourists from all over the world, located on the Adriatic coast.
From 29 April to 5 May, the squares in front of and within the Old Town of Budva will turn into a podium for lovers of good music and energy, thanks to a varied entertainment and music program prepared by the organisers for their fellow citizens and visitors.
At the beginning of Carnival May Evenings, rock bands from Montenegro will get the opportunity to show their skills to the audience and compete on the very first day of the event - April 29 at the Painters’ Square, starting at 9 pm.
The best bands, selected by the expert jury, will receive cash rewards: the band that takes the third place will receive a 300 EUR cash prize, the second-placed band will receive 500 EUR, while the winner will leave with 1000 EUR prize. More importantly, the first and second-ranked band will receive a unique opportunity to perform on April 30, as an opening act before famous bands which will come to Montenegro from all over the region.
The Tourist Organisation Budva, which organises the seven-day event, invites all tourists to visit the resort town of Budva in the first week of May, support the local rock bands and become a part of this great holiday and unforgettable events that will mark the beginning of the summer season of 2019 in the famous tourist city of Montenegro.
08 April 2019 - At the second Digital Summit of the Western Balkans, held last week in Belgrade, the Municipality of Herceg Novi was presented by the Vice-President Danijela Đurović. She took active participation at the panel Digitization as a driver of local socio-economic development.
"Local governments play a key role in the digitization of services because they can make their complete availability and the easiest use for every member of the society," Đurović pointed out.
In this regard, the presentation by Vice President Đurović at the Digital Summit of the Western Balkans focused on examples from real life, precisely the concrete ways in which the Municipality of Herceg Novi used digital development for the modernization of the work of the public administration.
One of these services is "System 48", which allows citizens to apply, send a request or inquiry to the local government by invitation, message, email or through the website. In addition to the existing Civic Bureau, a branch office was opened on the Riviera, which is connected to the central system. The tourist organization has introduced with electronic cards that connect the offer of the city, provide discounts for tourists and easier information with QR code. The town is also constantly working on the best coverage of the city with free internet. Another example that Đurović referred to is the "Find & Park" concept, which plans to implement the Parking Service.
"As one might feel, the focus of introducing such services is "bringing local government closer, better communication, easier aging of rights and fulfilling obligations"," Đurović said.
In addition to Đurović, Darko Mrvaljević and Boran Ivanoski from NALAS (Network of Associations of Local Authorities of South-East Europe) spoke on the panel on digitization as a driver for the development of local communities.
The Digital Summit, which brought together about 3,000 participants from 30 economies of the Western Balkans, Europe and the world, was opened by Serbian Prime Minister Ana Brnabić, European Commissioner for Digital Economy and Society Marija Gabriel and the Secretary-General of the International Telecommunications Union Houlin Gao.
The Digital Summit was initiated by the Multi-annual Action Plan for Regional Economic Cooperation within the framework of the Berlin Process, an initiative aimed at improving regional cooperation, and the first such meeting took place last year in Skopje.
08 April 2019 - Volleyball Club Budva won the Montenegrin Cup after defeating Jedinstvo Franca 3-0 (25:16, 25:19, 25:22) in the grand finale in the Mediterranean Sports Center. Players of the Volleyball Club Budva returned the volleyball cup trophy to this city.
All of this was made possible thanks to the new club - a club originated with the desire to return the volleyball trophy to the capital of Montenegrin tourism, which disappeared with the closing of the most successful Montenegrin volleyball club, the Budva Riviera.
In addition to the defeat in the Cup final, the team of Darko Prebiračević was eliminated in the semi-finals of the playoffs from Budućnost Capital Plaza, with two maximal defeats. In the decisive matches in the season, the team from Bijelo Polje could not count on Montenegrin national player Luka Šuljagić because of his illness.
Volleyball Club Budva will have the opportunity to win the double crown, and the final series against Budućnost, to three victories, will start on April 13th.
As far as the match is concerned, starting from the first set, there were no dilemmas about who would come out victorious.
Budva started with 5:0, which played without injured captain Jovan Delić, and continued to 8:2. Jedinstvo returned to 13:11, but the host scored with six points in a row for 19:11 which was too much for their opponent.
The second set was pretty equal until the score of 16:14 for Budva, when the host team scored 4 points in a row for 20:14 which eventually gave them the set.
It seemed that Jedinstvo in the third set would prolong the uncertainty. The team from Bijelo Polje opened this set better than the other ones, quickly scored 6:11, followed by 12:18 and at this point everyone thought that the fourth set was already on its way.
However, the team from Budva did not give up, and with 5 consecutive points, they first reduced their opponents' lead at 15:18, and then switched from 15:19 to 21:19. The guests held until 22:21, when Budva reached the first match point with two consecutive points. This match point was defended by the team from Bijelo Polje, but the other one was at 24:22, when the young Ivan Zvicer scored the match winner.
Alen Didović with 16 points was the best in the winning team, Ivan Urtado and Zvicer added 10, Dejan Jocić 9. The best in the defeated team was Bojan Strugar with 16 points.
Technician Shun Imamura was named the best player of the men's final.
07 April 2019 - Nikki Beach Hotels and Resorts will grow its portfolio to now include a total of 7 resorts, including new launches in Montenegro, Santorini and Sri Lanka. Nikki Beach has its hotel division but also operates in partnership with Nikki Beach Hotels and Resorts EMEA on three properties in Dubai, Bodrum, and Porto Heli as well as the new Santorini property.
Under the Nikki Beach Global portfolio and situated on a private peninsula in the bay of Budva, Nikki Beach Resort & Spa Montenegro will be part of a luxury private villa development. The property overlooks a marina and the historical old town of Budva, which was founded by the Romans. As the hottest resort and party destination in Montenegro, Budva attracts sophisticated travelers and the ultra-luxury yachting community. The property will house 150 rooms and suites, 20 ultra-luxury villas, three individual private beaches, a jetty, five restaurants, Nikki Spa and Tone Gym. The brand’s beach club concept, Nikki Beach, will also be integrated into the resort. Budva is a beloved year-round destination known for its crystal waters, breathtaking mountains and amazing food and wine.
“In its 20th year of operation, Nikki Beach continues to evolve as markets change,” says Lucia Penrod, CEO of Nikki Beach Global. “A year ago, we shifted our focus on reorganizing our Hotel Division and the result after one year is three new projects under construction and a deeper pipeline than we have ever had before. Our first beach resort was opened in 2010 in Koh Samui, Thailand, and after nine years, our hotel brand is ready for takeoff.”
“Our current pipeline and its imminent growth is a clear indication that the market is truly craving our experiential lifestyle concept,” says Alexander Schneider, newly appointed President of the Global Nikki Beach Hotel Division. “Hotel owners and investors are looking for sustainable partnerships that are capable of introducing meaningful and wholesome brands, which provide the true potential of making a difference in a currently opaque hospitality environment. The brand standards of a hotel management company need to translate into a tangible experience for the guest, which creates excitement, loyalty, and measurable returns.”
Nikki Beach is also celebrating 20 years in business. The beach club brand, with 14 locations around the world started in 1998 as a quiet garden by the sea located in Miami Beach. It was called Café Nikki to honor the life of Nicole Penrod, Jack Penrod’s daughter who was killed in a car accident when she was only 18. To commemorate its 20 years, Nikki Beach will be hosting a private black-tie event at its annual pop-up during the Cannes International Film Festival in May as a way to give back to the brand’s loyal supporters and to mark the occasion at one of its favorite destinations.
You have been prepared to welcome tourists to your accommodation, rent-a-car or tourist agencies and this year, and you will host all those who want to see the beauty of Montenegro. Hipotekarna Bank has an opportunity for you to find out the most current novelties in the digital business of the tourism industry at a free workshop, in the tourist metropolis Budva.
Dragan Varagic, strategist of business transformation and e-business development, a blogger, a professional lecturer from the field of business application of the Internet, will speak about a very up-to-date and useful topic "Promoting internet sales for the needs of the tourism industry".
Along with him, Sejad Sehic, Director of Card Business and Advanced Sales Channels, will also be the host, who will present to the participants of the workshop in detail the unique payment service of the Hipotekarna Bank, HB booking.
To summarize, HB Booking Payment Service allows registered publishers of accommodation, rent-a-car, and travel agencies online payment of their services, without creating their website, and to their customers safe and secure payment with their credit cards, without the use of POS terminals with the highest security standards of card houses. The workshop will take place on April 10th at the hotel “Budva” in Budva, starting at 11 am.
For more information, please follow TMN's dedicated page
Text by Promo, on April 2nd, 2019, read more at Vijesti
April 1, 2019 - Continuing our look at the real estate opportunities in Montenegro through the RE/MAX catalogue, this week a brand new luxury villa in Budva.
For some, it is close proximity to the water, while for others, the relaxed terrace view from afar is equally appealing. And while being close to the sea undoubtedly has its advantages, nothing quite beats the additional peace, privacy and tranquility of a luxury villa set in spacious and lush grounds. Just 10 minutes away from downtown Budva, but a world away in terms of relaxation, this week's RE/MAX Property of the Week is an absolute gem.
Completed last year, fully furnished and ready to move into, this 5-bedroom villa, complete with its own outdoor pool and lush gardens on a 1,000 m2 plot, is not likely to be on the market for long. According to the official RE/MAX property description:
This lovely villa is set on approximately 200 sqm, in this perfect location enjoying magnificent views and total privacy and tranquility yet within a 10-minute drive to the coastal area and beaches.
Entrance through a remote gated driveway which can take up to 4 cars, the Villa is surrounded by lovely mature Gardens, including a number of fruit trees, palm trees and olive trees, leading to the private ‘infinity’ swimming pool, jacuzzi, deck area and outside dining and bbq area.
Accommodation comprising of an entrance hall, leading to the open plan fully equipped Kitchen / Living / Dining room area thus having all rooms leading to the outside entertaining area, guest bathroom, bedroom. On the first floor one finds another 3 double bedrooms (main with ensuite and walk-in closet), main bathroom and surrounding terraces to simply enjoy the breathtaking coastal views.
Using only the best material and highest quality including ‘Daikin’ air conditioning system throughout, high quality imported ceramics and mosaic for the bathrooms, as well as the highest quality wood and parquet flooring, CCTV, 4g internet system throughout and a fully automated water irrigation system. The villa is being sold completely furnished and equipped and ready to move in to.
And with quite a view! Asking price is 820,000 euro. For more information, photos or to book a viewing, check out the original RE/MAX listing.
29 March 2019 - The implementation of the “Smart City Concept” within the Municipality of Budva includes the realisation of a pilot project related to the introduction of modern technologies, especially the promotion of the use of solar energy.
Budva has recently purchased five Smart Solar Benches of the new generation, which, through installed photovoltaic modules, accumulate solar energy as the only power source (the benches are not connected to any source of electricity). The bench has a WiFi access point, a rain sensor that turns off the bench in the case of heavy precipitation, a built-in LED light that illuminates the area near the bench at night. Users also have the option to wirelessly charge their newer generation devices (which support wireless charging), as well as standard device charging via USB ports.
The benches are installed in accordance with the plans of the Secretariat for Spatial Development, Municipal and Housing Affairs of Budva in five locations in front of the Municipal Building of Budva (at Trg Sunca – The Sun Square), near the hotel Tre Canne (Mediteranska Street), the third bench can also be found at the Mediteranska Street, on the Slovenska beach, and at the Slovenska coast.
The Assistant Secretary of the Secretariat Secretariat for Spatial Development, Municipal and Housing Affairs Aleksandar Popović commented on the recent purchase and expressed his satisfaction with the project implementation. He said that the representatives of the local government insisted on the realisation of this project and that they are delighted with the outcome of their investment. "The municipality has allocated 12,000 EUR for this project. Mediteran advertising will soon put up three more smart solar benches," Popović added.
The citizens and tourists of Budva can now have access to Steora Smart Benches, beautifully designed benches with multiple functionalities that added allure to each of the five locations they were installed. Their strong, powder-coated steel construction is completely weather-resistant and vandal-resistant. Steora's main feature is the charger for charging different types of devices. The bench comes with two USB ports with ambient light for charging any device using a USB cable. A wireless charger integrated into an acrylic glass cover enables cable-free charging. The users can place their device on the charging pad and charge the device wirelessly.
Fifteen sensors inside Steora monitor everything that happens on and around the bench. Each second, sensors are gathering data about air parameters, bench usage, and system status. All collected information is available for customers via the dashboard. If anything happens, the system immediately alerts the owner and Steora’s tech support.