Hungarian Meszaros Investing 375 Million Kuna into Luxury Icici Hotel

Lauren Simmonds

Updated on:

Icici, Croatia
Icici, Croatia

As Poslovni Dnevnik/Marija Crnjak writes, the construction of the luxury hotel Riva’s Hotels & Resorts in Icici has started, a project worth 375 million kuna in which the well known Hungarian investor Lorinc Meszaros is investing, together with the local developer the DDG Group.

This gorgeous new luxury Icici hotel will have a 5 star ranking and will boast 180 rooms and 12 villas. The laege project also includes the construction of an access road, a pedestrian bridge to the nearby sea, and a new rainwater drainage system from Ucka.

“I immediately recognised this location as a potential site for the construction of a hotel, so I called Meszaros for help. It’s a 22,000 square metre gross developed project, with an underground garage with five above-ground floors, with an open space near the road arranged for all Icici locals as well as all of our future guests. We plan to arrange some surrounding greenery, and put in fountains and cafes. With this project, Icici will get a taste of luxury tourism and an urban square as a gathering place. We’ve been struggling with projects for three years, and we now have 24 months until the grand opening,” said Denis Sikljan, the founder of the DDG Group.

Lorinc Meszaros pointed out that, after the football camp in Osijek, this is their biggest investment in the Republic of Croatia.

“I’ve always wanted to invest in building a hotel. Thanks to the designers for a beautiful building, but without the local authorities and the help of the mayor, none of this could have happened. Our cooperation with the local community is good, and we’re trying to make it even better. With the purchase of Miramar and Riva’s Hotels & Resorts, our investments amount to 100 million euros and what I can promise you is that we won’t just be stopping here,” said the Hungarian entrepreneur and investor at the opening ceremony of the construction site of the up and coming luxury Icici hotel, which was also attended by Opatija Mayor Fernando Kirigin.

“When I ran for mayor of Opatija, my vision was Opatija which boasted elite tourism and value-added products. It was up to us as a local self-government unit to give our full support to this project. The tourist season is just around the corner, we’ve already reached about 200 thousand overnight stays and I hope that we will be better than we were back during the record year of 2019, which will undoubtedly give investors more confidence in it all,” said Kirigin.

For more, check out our dedicated business section.

 

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