More Than 4 Billion Kuna Invested in Hotels in Croatia

Total Croatia News

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Hotels will be built and reconstructed both in coastal areas and in Zagreb.

Tourism companies have decided to invest more than 4.3 billion kuna in the reconstruction of old hotels and the construction of new ones. The construction projects are located on the coast, from Istria to Dubrovnik, but also in Zagreb, which will get new smaller business hotels, as well as some new global brands, reports on November 27, 2016.

Many of the hotels will be opened as early as next tourist season, while some of the major projects will be ready in 2018. Among the largest projects are construction of the new Park Hotel in Rovinj, and two hotels in Zagreb, which will most likely operate under the Marriott brand, at the location of former facilities of Croatia osiguranje at Miramarska Street and Ban Jelačić Square.

In Rovinj, the ambitious project of constructing the new Park Hotel will be launched very soon, and Adris will invest about 600 million kuna. It will be a luxury five stars plus hotel, but it is not yet known whether it will operate under the Maistra or some international hotel brand. The new hotel will have about 200 rooms, including twenty luxury suites, as well as small private pools. The project also includes promenades, access roads, and the landscaping of the entire area. The opening of the new hotel Park is planned for 2018, and with it Adris will complete its Monte Mulini zone (hotels Eden, Park, Lone and Monte Mulini). The project has recently been declared a project of strategic interest for Croatia, which should accelerate the issuance of permits and facilitate communication with local and state institutions.

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Ičići near Opatija will also have a new hotel for the next tourist season. Liburnia Riviera Hotels will build Remisens Hotel Giorgio II with four stars, five floors and 180 rooms.

In Crikvenica, Jadran has announced the reconstruction of the Hotel Esplanade, a project worth more than 35 million kuna. After a thorough renovation, the hotel will have 38 rooms and additional amenities such as wellness, outdoor swimming pool and conference rooms, and will be positioned as a family hotel with 4+ stars. The hotel will be open for eight months a year.

After the government declared the expansion of the Mali Lošinj Airport as a strategic project, Jadranka Group has received permit for the megaproject Eco Golf Resort Matalda on the island of Cres. The project will cover ​​320 hectares, which the investor took in long-term lease from the Diocese of Krk. Jadranka Group says that the resort will include two golf courses with 18 holes, a hotel with a capacity with up to a hundred rooms, fifteen villas for players with pools, and a small marina and heliport. The investment is expected to exceed 100 million kuna.

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In Zadar, the Turkish Dogus Group will build the first Hyatt hotel in Croatia and on the Adriatic coast. Next to the hotel Hyatt Regency Zadar Maraska, Dogus Group plans to build 115 luxury residences and a commercial area with exclusive shops and catering facilities. The value of the investment will amount to 100 million euros.

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Danko Končar launched the recapitalization project for Hotels Medena in Seget, which should reach a total of 153 million kuna. Končar plans to invest in Medena about 60 million kuna to reach the level of four stars.

In Tučepi, global travel company TUI plans to enter Croatian market with its new luxury brand TUI Blue. The brand will include the renovated Jadran Hotel, which is part of the Bluesun Hotel Group. This will be the third hotel group in Croatia whose hotels will operate under the TUI Group brand. The brand promotes wellness and fitness, healthy local and vegetarian diets, and modern mobile technologies.

In early 2017, Zagreb will get the four-star Le Premier Hotel, whose construction is being finished in the centre of the city. The investment is worth 10 million euros. The hotel will also serve for education of the Libertas College students. “One of the courses at the College is hotel and tourism management, so the hotel will be a training ground for the education of our students, who will be able to experience all parts of hospitality business”, said Gojko Ostojić, the owner of the College. Le Premier Hotel will have 62 rooms and a presidential suite, a restaurant, a bar and a spa for guests. Rooms will be decorated in art deco style.


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