The Collection vol. 34

SEAMASTER AQUA TERRA SHADES

EVERY SHADE OF YOU

With the Aqua Terra Shades collection, Zoë Kravitz has embraced the power of colour to express her personal style. Just like the multi-talented star, these OMEGA watches are infused with confidence, offering a variety of tones to match the mood you’re in. Discover the 34 mm range in stainless steel, which includes five exclusive choices, all backed by the trusted precision of a Co-Axial Master Chronometer movement. Whichever look you desire, there’s a shade to tell your story.

#AquaTerraShades

THE ART OF FUSION

SQUARE BANG UNICO

Titanium and black ceramic case. In-house UNICO chronograph movement.

Residential Building Ozana, Obala BB - 85320 Tivat

RIVIERA STYLE LIVING REDEFINED

A nautical playground on the wild and beautiful coast of Montenegro. oneandonlyportonovi.com

WE CONNECT MORE COUNTRIES THAN ANY OTHER

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MARDIN MUS NEVSEHIR ORDU-GIRESUN RIZE-ARTVIN SAMSUN SIIRT SINOP SIVAS SANLIURFA SIRNAK TOKAT TRABZON VAN ZONGULDAK

Pronađite svoj savršeni Cayenne u Porsche Centru Beograd.

Dobro je kada razmišljate da uradite nešto, ali još bolje kada to i uradite.

Lepo je kada sanjate, ali je još lepše kada ostvarite svoj san.

Dobro je kada putujete ka ostvarenju svojih snova, ali je još bolje kada za taj put izaberete Porsche Cayenne. Ne u dalekoj budućnosti, već sada, čeka na Vas u Porsche Centru Beograd.

Porsche Centar Beograd

Radnička 4 11000 Beograd Tel. +381 11 35 30 431

www.porsche.rs

Cayenne Turbo: Kombinovana potrošnja goriva u l/100km: 14,1–13,5; Kombinovana emisija CO₂ u g/km: 319–305; Status 03/2023

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IMPRESSUM

THE COLLECTION

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Cover image: Park Residence Sarajevo, Bosnia & Herzegovina

OGLAŠAVANJE / ADVERTISING

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The Collection / urednik

Miodrag Spahić . - Vol. 34 (2023) - . - Podgorica (Vukice Mitrović 16 B) : RLC Montenegro, 2011. - 33.5 cm

OSNIVAČI / FOUNDERS

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Courtesy of Portonovi

CONTENTS

56

WINE, DINE & ACCOMMODATION

RESTAURANT SABIA AT ONE&ONLY PORTONOVI EXCLUSIVE INTERVIEW WITH HEAD CHEF ALESSANDRO MORDINI

66

WINE, DINE & ACCOMMODATION

HOTEL AMBASADOR, SPLIT -A SHINING STAR

WINE, DINE & ACCOMMODATION

A 19TH CENTURY FORT IS A 21TH CENTURY WONDER MAMULA ISLAND, MONTENEGRO

74

WINE, DINE & ACCOMMODATION

LUXURY AND ROMANCE AT REGENT PORTO MONTENEGRO

86

WINE, DINE & ACCOMMODATION

STORY OF LAZURE HOTEL & MARINA SINCE 18TH CENTURY

118

TRAVEL & DESTINATIONS

TOURISM IN CROATIA IN 5 YEARS TIME - A LOOK AHEAD

TRAVEL & DESTINATIONS

STORIES, CROATIAN UNIQUE HOTELS RICHER IN NEW EXPERIENCES

140

TRAVEL & DESTINATIONS

PORTONOVI – THE ADDRESS FOR EXCEPTIONAL EXPERIENCES

152

TRAVEL & DESTINATIONS

LUŠTICA BAY

WHERE LIFE IS LIVED COMMUNITY TO BELONG

TRAVEL & DESTINATIONS

NOTHING IS LIKE YOUR SANLORENZO YACHT. NOT EVEN ANOTHER SANLORENZO.

161

TRAVEL & DESTINATIONS

BEST PLACES EVERYONE SHOULD EXPERIENCE WHILE IN SLOVENIA

INTRODUCTION

Dear Readers,

A warm spring welcome to your new edition of The Collection – the ultimate guide to the finest offers covering lifestyle, destinations, real estate, high-end products and so much more – bringing our region to the world and the world to our region.

Moving about the coast in particular, hospitality facilities are busily dusting off the outdoor settings for what is promised to be a bumper tourist season for us all. This is proven by the general interest in The Mediterranean reported globally, feedback from winter tourism fairs and the promising bookings to date.

All good news? Well, we are about to be stress tested yet again regarding our ability to provide trained staff in all areas of hospitality where the issue is exacerbated each year by the surprise of the demand by authorities. A restauranter in Dubrovnik, reported in the local press recently, announced that he expects to pay up to EUR3,000 per month net for a fully qualified customer-facing representative at his high-end restaurant this year, to attract the right calibre person. Ironically, our region reports some of the highest unemployment rates in Europe yet so many organisations are struggling to fill roles. The free movement of employees in our region will need to be addressed as there are plenty of qualified people in our region, but they are in the wrong place - and the EU / Schengen misbalance is making the full use of our combined ability to offer our traditionally famous ‘warm welcome’, more challenging each year. As a side note, the issue now extends beyond hospitality, but many areas are suffering from a lack of expertise locally –

areas such as graphic designers, public relations experts, and diverse roles such as search engine optimization specialists, all of whom are as scarce as hen's teeth, as the English idiom says. Moving on, the real estate market in Belgrade, Dubrovnik and the Bay of Kotor continues to boom, and we cover many of these shining light projects in this edition. Global concerns highlighted in recent months regarding bank liquidity in Europe combined with inflation and the great unknown in our ever-changing world, make looking forward to the 2nd half of 2023 challenging, even for a clairvoyant.

We are excited to witness the opening this summer of St. Regis Belgrade, which will completely enhance the tourist profile of Belgrade. Equally exciting is to see Park Residence Sarajevo – a premium living project, where work has begun on the most luxurious residential project in Bosnia & Herzegovina.

In this edition, we also present the list of 10 ‘must-visit places’ when in Slovenia, with thanks to our friends from Quintessentially Adria. Golf is often referred to, tongue in cheek, as a great way to ruin a nice walk, however, is the well-known tourist season extender which has eluded us to date until now, where a par excellence course is coming to Lustica Bay in Montenegro.

Of course, for your convenience in planning your multicountry itinerary to experience our world-class regional offer, where we have everything for everyone in one package, we introduce the region's best hotels, shopping experiences, restaurants and too much more to include here. So, please dive into this edition and enjoy the remarkable journey.

Thank you to our readers and our partners who have allowed us to continually grow, even in times of strong headwinds. Your support is our encouragement to continually strive for ingenuity and ever-improving quality in each edition. In the background, we are working intensively on digital development and significantly growing our visibility through the Issuu and Press rider applications. We are broadening our base to also feature education in the region, weddings and specialized shopping experiences. We will also soon launch our plan to issue awards, locally and internationally, to service providers who deserve to be recognized for their contribution towards the offer which we present to the world. Finally, we are always open and welcoming to any input from readers and partners to allow us to continually evolve and improve. Please contact us if you would like to provide input.

Kind regards,

Miodrag Spahić, Director, The Collection Magazine

ARCHITECTURE, EDUCATION & DESIGN MUST HAVE ACCESSORIES

INSURANCE OF LUXURY WATCHES ENJOY YOUR VALUABLES FREE OF WORRY

230

ARCHITECTURE, EDUCATION & DESIGN

HOTEL BRISTOLTHE OLD SHINE OF THE NEW ERA IN BELGRADE

INTERNATIONAL EDUCATION IN OUR MODERN WORLD

198

ARCHITECTURE, EDUCATION & DESIGN

EXCLUSIVE INTERVIEW WITH MR EMIR GRANOV A UNIQUE INSIGHT BY A KEY REGIONAL INVESTOR

242

REAL ESTATE & INVESTMENTS

THE FIRST MONTENEGRIN MOUNTAIN RESORT - KOLAŠIN VALLEYS LIFE AT THE TOP

270

REAL ESTATE & INVESTMENTS

THE IMPORTANCE OF GOLF IN EXTENDING OUR TOURIST SEASONS

MUST HAVE ACCESSORIES

OMR LUXURY STORE, BELGRADE WELCOME TO THE WORLD OF LUXURY!

254

REAL ESTATE & INVESTMENTS

WORLD REAL ESTATE MARKETS –DEMAND, SUPPLY AND STABILITY

“Nothing lasts forever. Well, almost nothing.” – nina badrić

Cetinjski Put bb - Donja Gorica

www.lagalleria.me; lagalleria@eurotrade.me

tel: +382 69 206 602

REAL ESTATE

The most desirable address in Ljubljana

The most beautiful city, guarded by dragons: Ljubljana, a city with a picturesque mixture of Baroque and Art Nouveau, calm beauty, full of life and grace. In the heart of Ljubljana lies the elite complex of Palais and Villa Schellenburg, characterised on one side by its proximity to the historic centre, and embraced by Tivoli Park on the other; the most desirable address in Slovenia.

A city where you will never go hungry

Ljubljana is a city with an old soul. The city’s streets were frequented by poets, painters, and architects who influenced and wrote and made its history. Even today, France Prešeren gazes towards his beloved Juliet, and next to him, Plečnik’s Triple Bridge stretches across the emerald river, connecting the banks like the hands of lovers. Heartbroken lovers listen to the symphonies of violinists gently echoing in the evenings, and in the mornings, the many small terraces are alive with the sound of clinking coffee cups which flows through the narrow streets like the melody of Ljubljana’s prestige. The meeting point of European culture, art, festivals and cuisine will make sure your body and soul never go hungry.

Ljubljana

the meeting point of modern and classic

–

Location and atmosphere are a winning combination when looking for an apartment, because we are not merely deciding where we will live, but how we will live. The Schellenburg complex has both; on one side lies the modern city park, and on the other the old city centre, full of life and stories written into the city’s architecture. The granite cubes remind us that the streets of Ljubljana were once paved by the ancient Romans, some of whose artefacts are still under our feet today.

The most beautiful address in Ljubljana

The Schellenburg complex is a dialogue between two contrasting architectural styles. While the architecture of the Palais building follows the rhythm and design language of its corresponding commercial building, the Villa expresses the character of a sovereign solitary mountain. However, both contrasting buildings share high expectations, which are met with the interior arrangement of the apartments: the uncompromising top-quality execution of the luxurious apartments is a reflection of thoughtfulness and artistic perfection. The premium apartments of the Schellenburg complex redefine the culture of living in Ljubljana, and poetically complement the soul of the most beautiful city in the world.

WINE, DINE & ACCOMMODATION

Y e esc e

RESTAURANT SABIA AT ONE&ONLY PORTONOVI

EXCLUSIVE INTERVIEW WITH HEAD CHEF ALESSANDRO MORDINI

BRINGING THE SPIRIT OF SARDINIA AND ALL OF ITALY TO THE MOST SPECIAL RESTAURANT IN THIS REGION

This spring, One&Only Portonovi resort will enter the new season with a makeover of its signature restaurant Sabia. Starting from May 1, Sabia will present a brand-new menu and a brand-new chef who created it – Alessandro Mordini. Alessandro’s menu will focus on traditional staples of Italian cuisine, embodying its quintessence – using locally sourced fresh ingredients to create simple, clean dishes that resemble those that Italians eat at home while giving them a contemporary final touch. Another “personal touch” of chef Mordini will be incorporating strong Sar-

dinian influence throughout the entire menu, due to his own roots.

“Icome from a small Sardinian town called Tortolì. Located in the bay, just like this one in Boka Kotorska, so being here reminds me of home somewhat – because of the closeness of the sea, and wind, but also the people’s personalities. When it comes to food, many Italian regions tend to say that they are unique, but Sardinia really has something special – and I wanted it to flow throughout the menu we created for Sabia and make it slightly different from other Italian restaurants in the region”.

“When it comes to food, many Italian regions tend to say they are unique, but Sardinia is surely somewhat special. I wanted it to show throughout the menu we created it for Sabia and made it slightly different from other Italian restaurants in the region”.

Q.What specific dishes of Sardinian origin can we find on the menu?

Sardinia was some time ago famous for the quality of grain it cultivated and, therefore, also for some specific types of pasta – orrecchiette and fregola that looks and feels more like couscous, due to the Arabic influence. So, we will have these pasta dishes in Sabia as well, together with seasonal sauces – lamb or fish ragù, clams and mussel sauce. The menu will also feature some cold cuts and cheeses originating from Sardinia, but also bottarga, or as we call it ’Mediterranean caviar’, which is a form of dried and salted fish roe sacs.

Are there any similarities between Sardinian and Montenegrin cuisine?

Of course – mainly because their geography is similar. For example, the meat used the most in Sardinia is lamb, rather than beef or pork, compared to some other Italian regions. The same is in Montenegro – due to the high mountains, which are more suitable for keeping sheep and goats. That is also why the main cheese in Sardinia is pecorino (made of sheep milk) and not parmesan. Therefore, on our menu, we will definitely have gnocchi with lamb ragù and pecorino cheese on top. As for Montenegrin dishes I fell in love with in this short period that I have spent here, those are definitely lamb cooked in milk and veal soup.

And what about dishes from other Italian regions?

We will feature them also, naturally. Beef tagliata, vitello tonnato (slices of aromatic veal served in a rich fish sauce made from tuna), raw meat carpaccio with porcini mushrooms

and truffles. Every great Italian restaurant has some type of these dishes on their menu – they are the staples of our cuisine, that survived many years in, more or less, the same form. Of course, we will have a fresh fish carpaccio, too, depending on the catch of the day, then artisan gourmet pizzas with selected toppings, such as burrata cheese, truffles, smoked prosciutto, and even lobster!

Sabia is a refined Riviera-style restaurant overlooking the beautiful Boka Bay serving Italian dishes with a focus on fresh, locally sourced ingredients. Complementing the cuisine, the bar offers Mediterranean-inspired cocktails and spritzes, with a wine cellar housing over 300 labels of both Italian and international wines. Guests can relax and enjoy their favourite drinks either at the bar or in the lounge. The service is interactive and experiential, showcasing a blackboard with daily specials, complemented with the Crudo bar and live pasta making sections.

Although a standard in some other cultures and cuisines, an open kitchen is still a new and unexplored concept in restaurants in the region. In fact, Sabia will be one of the rare ones to have it. What are your expectations when it comes to this concept?

I believe we will be the only place in Montenegro to have a 25m2 open kitchen with a huge pasta-making machine, where the restaurant guests can witness the whole process and choose the type of pasta they would like to eat, as well as the sauce, from a variety of options. Cold cuts, cheeses and raw fish will also be on display, for guests to choose from. This is such a simple, yet amazing tool for involving the guests more, „opening doors“ and letting them enter our world. And it will leave them satisfied and fulfilled – I can guarantee that.

Reservations:

+382 31 691 007

sabia@oneandonlyportonovi.com

Located by the sea, we created a convivial and casual-chic interior by using wood and stone, which encapsulates the natural, tranquil tone of the sand. The space is accented with Murano glass and handcrafted ceramics, creating a relaxing Mediterranean villa feel. The olive trees scattered across the room are adding a rustic mood to the dining experience. The extraordinary food will be followed by daily live entertainment featuring local artists, acoustic and solo performances, while the background music is upbeat with an Italian influence.

ONE&ONLY PORTONOVI

Located at the entrance of Boka Bay in Montenegro, One&Only Portonovi is the ultra-luxury brand’s first outpost in Europe and the crowning jewel of the Adriatic Riviera. With its moated walled towns, a backdrop of unspoilt coastal mountains and perched amongst one of the sunniest year-round spots on the Adriatic, the resort is a perfectly placed sanctuary from which to explore the wild beauty of Montenegro. Presenting guests with private sandy beaches, a revolutionary wellness experience with Chenot Espace, world-class dining by renowned chefs, and the intuitive service for which the brand is renowned.

EUROPE’S HIDDEN GEM

With its shimmering waters, dramatic mountains and a meandering coastline fringed by lush forest, Boka Bay is a still undiscovered destination of stunning beauty, often called “the southernmost fjord in Europe”. This sun-drenched coastline is home to countless hidden lagoons, coves, and picturesque spots which can be explored with one of the resort’s own private boats. Guests of One&Only Portonovi can journey between secluded beaches and impeccably preserved ancient towns, UNESCO World-Heritage sites and unspoilt national parks, mountains and the sea. Montenegro’s diverse landscape is compact and easily accessible, making it easy to enjoy a variety of activities and sceneries within just one day.

oneandonlyresorts.com/portonovi

THE COLLECTION

The Collection is a showcase of the best that SEE region has to offer in terms of lifestyle, travel and tourism and acts as the penultimate business card to introduce the region to potential tourists and investors.

Don’t miss your chance to join the real club of ‘who is who’ in the region where we introduce the world to the best of Montenegro, Serbia, Croatia, Bosnia & Herzegovina, Slovenia, Albania and other European countries in one unique publication.

Our next edition will be available in the late July 2023 and we invite you to be part of the success story.

sales@theluxurycollection.me

Illustration: Tara Simonović

A 19th CENTURY FORT IS A 21th CENTURY WONDER

Mamula Island, Montenegro

Mamula Island

/ Mark Anthony Fox

Want some adventure but can’t give up on the luxury? Come this Spring and Summer, lovers of historic design, nature, wellness, and culture will be drawn to Mamula Island set in a meticulously restored 19thcentury fort.

Youcan meet local artists, savour local food, and embrace local culture. Moreover, it is a place for all occasions and all seasons. Whether you visit in summer or winter, you can rest, energize, indulge, and discover. Think short stays, long stays, retreats, seminars, intimate ceremonies as well as extensive celebrations.

CONCEPT AND MAIN DESING MCM

Restoration

OHM

Mamula; Katarina Nikolic Krasan - Projektor

Encircled by the Adriatic sea, Mamula Island is a diligently restored 19th-century fort—a one-of-a-kind setting reimagined for sophisticated individualists and lovers of nature.

Opening in the spring 2023 Mamula Island will bring new life to one of the most admirable Austro-Hungarian fortresses from the 19th century, situated on a small island where it preserves its authenticity and pays homage to its past. The previously deserted island - a short boat ride from Herceg Novi and the Croatian coast - and a century-long abandoned buildings are now restored to create an unrivalled destination where the luxury hotel concept and world-class culinary offerings will be complemented by a holistic spa, historical memorial gallery, and art programs.

Originally a fortress built in 1852 by Austrian General Lazar Mamula, the hotel is born from a meticulous restoration done in concert with local heritage authorities. Every brick, wall, and fortress’ historic feature has been carefully restored to its original state, yet with a keen eye to the surrounding natural elements. Through prominent courtyards and outdoor gathering spots, the hotel has become an open, breathing entity that allows the sea, wind, rocks, and crashing waves to augment the beauty of the structure. The hotel does not have a lobby in the traditional sense, with the fort’s tower hosting the spa, suites, and impressive atrium.

INTERIOR DESIGN PIOTR WISNIEWSKI, WESTUDIO

The hotel presents a holistic design that allows each space to resonate based on its innate, historic elements.

Through organic materials like wood, stone, and natural fabrics, as well as a colour palette of earth tones and bright hues, the interiors echo the beauty of the surrounding nature. Locally sourced stone in the spa captures the space’s meditative spirit, while different stone types in rooms create a unique narrative for each guest. The interiors use cultural references to create a modern reinterpretation of a retreat, with inspiration ranging from local artisanal trades to minimalist mid-century style. The hotel’s 10 rooms, 16 junior suites, and 6 suites are full of light and intimacy, with every detail considered and each need catered for. Features and fittings have been selected so you can hide away as if you were home.

Encircled by the Adriatic sea, Mamula Island is a diligently restored 19th-century fort—a oneof-a-kind setting reimagined for sophisticated individualists and lovers of nature.

The hotel’s 10 rooms, 16 junior suites, and 6 suites are full of light and intimacy, with every detail considered and each need catered for. Features and fittings have been selected so you can hide away as if you were home.

FOOD & DRINK GRAPHIC AND SIMPLE

At Kamena, the hotel’s fine-dining restaurant, French culinary techniques and savoir-faire produce delicious results.

Simplicity and sophistication are key for French-Canadian chef Erica Archambault, a rising figure from the Michelin-starred Parisian restaurant Septime. Using the best local ingredients, Archambault brings sensitivity and elegance to the kitchen. The restaurant itself is set atop the west wing of the fort overlooking the southern tip of the Croatian coast and featuring stunning sunset views.

The mainland’s stunning mountains and coastline are accessible with a picturesque boat ride—an invitation to discover Montenegro’s rich history and culture.

Crystal-clear waters and wild scenery surround the island with the terraced, coastal town of Herceg Novi just a short boat ride from the hotel. There, you will discover a long promenade with countless restaurants and several nightclubs. Croatia, too, is easily reachable by boat.

WELL-BEING THE HAVEN WITHIN

A 360-degree wellness philosophy perfectly complements 360-degree views of the island’s stunning surroundings.

In a tower, the one-of-a-kind spa will offer a range of sophisticated treatments including ritual-oriented remedies, using premium natural skincare by Ananné. Expect water, salt and heat therapies, sound and energy healing, traditional therapies, as well as yoga, breathwork and meditation.

Three pools, an indoor gym and studio (with classes available), and ritual rooms entice those who want to balance the surrounding beauty with on-property exercise and mindfulness. Or simply indulge in Shamanic body treatments, massages, facials, and more at the hotel’s spa, where traditional techniques are paired with forward-thinking therapies.

LOCATION

Mamula Island is inspired by global experiences and rooted in the local heritage of Herceg Novi Boka Kotorska Bay, Montenegro. As the island is a protected monument, visitors will have access to the memorial gallery on the island all year round. Sitting at the entrance of the Bay of Kotor (a UNESCO World Heritage Site), the hotel brings back Mamula Island’s former lustre and re-establishes the island as a landmark for the entire region and country. As much as the island provides a sense of exclusivity and “remoteness,” it feels well connected to the surrounding bay area, with abundant small-boat traffic and shorelines nearby.

reservations@mamulaisland.com mamulaisland.com

In a tower, the one-of-a-kind spa will offer a range of sophisticated treatments including ritual-oriented remedies, using premium natural skincare by Ananné. Expect water, salt and heat therapies, sound and energy healing, traditional therapies, as well as yoga, breathwork and meditation.

For two decades now, Meneghetti Wine Hotel & Winery has been synonymous with understated luxury and modern Istrian elegance throughout its premium accommodation, wine and culinary offer. The five-star hotel – a member of the prestigious Relais & Chateaux association - offers luxurious rooms and villas, two restaurants, a bar, a beach club and a newly opened winery spreading over 15.000 m².

Accommodation includes rooms and suites in traditional and contemporary styles, spacious villas with pool and beautifully modern residences, some with pool. The food is exquisite with farm-fresh local produce used to create

dishes that can be enjoyed with a fine wine pairing from the estate. Breakfast is plentiful, with al fresco lunches at the poolside restaurant. There is also on-site wine and olive oil tasting room.

The elaborate exclusive services and products offered at the Meneghetti estate receive a highly positive response day after day from renowned media such as Robb Report, Forbes and Travel+Leisure among others, as well as distinguished international guests and celebrities such as John Malkovich, Salma Hayek and Matthew McConaughey, just to name a few. Absolute dedication to each guest, while pro-

viding the highest level of privacy in the middle of untouched nature is what makes Meneghetti Wine Hotel & Winery a truly unique luxury oasis.

Following the philosophy that time and privacy are the new luxury, the innovative approach of the villa concept provides guests with maximum privacy while offering personalization at a full scope of premium hotel services. Carefully designed and elaborate resort villas introduce this novelty as a synonym for luxury and tranquil vacation that minimizes time for planning and incorporates the highest level of service.

HOTEL Ambasador, SPLIT - A SHINING STAR

Ambasador is a shining star of pure, unadulterated Mediterranean pleasure – this might be the outline of the story of the newest luxury hotel in Split.

Ambasador is situated in the heart of the tourist capital of Dalmatia, a city that has become a magnet for travellers from all over the world in the last decade, and an essential stop for anyone seeking a true Mediterranean experience. Its location on the most beautiful promenade in Split, offering an ideal view of the panorama of the old city, the harbor, and the entire Split archipelago that takes your breath away, is just one of the reasons why this jewel in the crown of Split's hotel offer has been causing excitement among guests, the public, and the entire hospitality industry since its opening last year. However, the perfect location is just the beginning of the story of this sophisticated high-end hotel: the guiding principle of the investors that architects and interior designers transformed into reality was for Ambasador to be a genuine extension of the Split and Mediterranean way of

life in all aspects, from the materials used to the vistas it offers. It focuses on enjoyment, respect for the location and its "leisure" living tradition, and a dedication to the interesting and colorful history of this anythingbut-boring city, embodying Dalmatia.

In that sense, Ambasador offers truly more than any other hotel in the vicinity: 5* hotel with 101 rooms and suites - almost all of which have an open view of the city and harbor. It is connected to the Riva and Diocletian's Palace via a promenade, and to the ACI marina, the most beautiful city beaches and the forested lungs of the city - Marjan - on the other side.

With its luxurious, yet subtle and, above all comfortable design, Ambasador fully respects the 'genius loci' - inviting travellers to surrender completely, relax, slow down, purify their chakras from the hectic everyday life.

The interior design was created with special attention to natural materials, and in key accents telling the story of the tradition and exclusivity of Ambasador. For example, all areas of the hotel, from the lobby to the rooms, are decorated with typical Split historical or newer scenes that

Photo credit: Ivan Ivanišević i Maksim Bašić

exude Dalmatian joy of life, captured by Split's photo chronicler Fedja Klaric. The reception desk, a handcrafted piece by Slavonian carpenters, is made of black oak, the so-called abonos, which has been retrieved from the depths of the Sava River and is 1,850 years old. There is also a tribute to the architectural history in a series of details that a trained eye will notice. The design of the rooms is conceived with top-quality materials and calming neutral tones that do not compete with the perpetually lively view outside, while all common areas are conceptually oriented towards the outside, towards what is Ambasador's greatest wealth - the sea and the city, separated from guests only by a narrow promenade, thus communicating and becoming an integral part of city life.

The hotel includes the fine dining restaurant Méditeranée with a total of 210 seats, which will offer the best of Mediterranean cuisine with each dish designed as an authentic culinary journey that successfully fuses the tradition of Dalmatian cuisine and sophisticated gastronomy of today, creating an unforgettable gourmet experience.

Bar Split, located right on the promenade, is conceptually close to the Dalmatian way of life as well - guests can enjoy a cup of top-quality morning espresso, a great selection of artisan sweets, cocktails, branded drinks, and all of it in the company of the people of Split, who recognize Ambasador as an integral part of the city's 'scene'.

The open-air pool with a view of the city and harbor, and its accompanying pool bar, is just one of the many impressive amenities of the hotel. Another standout feature of Ambasador is the multifunctional conference center that can accommodate up to 80 people, primarily designed for high-profile business events. The rooftop bar is also designed as an exclusive space for private events with a smaller number of guests.

The hotel's strategic focus on luxury and self-care is evident in the many relaxing treatments (massages, saunas, jacuzzis, hair spas...) of-

fered in the 500-square-meter Hacelia spa zone, using top-ofthe-line cosmetics and equipment. Among other things, guests can also enjoy the Floating bed - an experience of weightlessness and complete absence of any sensory distractions.

Another feature that sets Ambasador apart in the current hotel offerings in Split is the garage with around 50 parking lots, which is crucial for a hotel in the city center targeting a high-paying clientele.

In short, the Ambasador hotel embodies the best that Split, Dalmatia, and Croatia have to offer - relaxed luxury, understated beauty on the inside that emphasizes the opulence on the outside, gastronomic highlights with the best local ingredients, and identifying with a unique destination on the world tourist map, such as Split. It offers a superior Mediterranean experience!

ambasadorsplit.com

The hotel's strategic focus on luxury and self-care is evident in the many relaxing treatments (massages, saunas,

offered in the 500-square-meter Hacelia spa zone, using top-of-the-line cosmetics and equipment.

Ambasador is situated in the heart of the tourist capital of Dalmatia, a city that has become a magnet for travellers from all over the world in the last decade, and an essential stop for anyone seeking a true Mediterranean experience.

jacuzzis, hair spas...)

Ambasador offers truly more than any other hotel in the vicinity: 5* hotel with 101 rooms and suitesalmost all of which have an open view of the city and harbor.

Dream big, live extraordinary.

PREMIUM CAR SERVICES by Congress Travel

TRAVEL IN STYLE

The diverse LCS fleet captivates with possibility, featuring a full line of luxurious well-maintained vehicles (luxury Sedans and MPVs). All vehicles in our fleet are late-model (up to 3 years old) and held to the highest standards of safety, maintenance, and presentation.

RESERVATIONS: +382 67 080 880 / +382 20 680 860 transfers@congresstravel.me / office.hilton@congresstravel.me

OFFICE: HOTEL HILTON PODGORICA, MONTENEGRO www. congresstravel.me

LUXURY AND ROMANCE AT REGENT PORTO MONTENEGRO

Your Dream Wedding Destination

Boka Bay, located at the southernmost point of Europe, is an enchanting place that never fails to mesmerize visitors with its captivating beauty. This region is heightened by the love and splendor of its environment. The picturesque landscapes provide a striking setting and the enduring influences of Venice, Austria-Hungary, France, and Russia continue to leave their mark on contemporary Montenegro, enhancing the allure of this remarkable destination.

TheRegent Porto Montenegro hotel seamlessly incorporates all these influences into its identity, exuding refinement, and sophisticated elegance.

It’s the perfect place to awaken your senses and celebrate your love. Nestled in the heart of the village of Porto Montenegro, this five-star hotel offers an unparalleled experience of luxury and relaxation. With its calming blue and cream hues, the hotel's interior creates an ambiance of staying in a private first-class cabin on a luxury cruise liner.

Indulge in the romantic atmosphere of the hotel's 175 rooms, suites, and penthouses, each with awe-inspiring vistas of the Bay of Kotor, and the enchanting mountains.

Whether you're looking for a nautical vibe or want to infuse the rich culture of Montenegro into your special day, Regent Porto Montenegro is the perfect backdrop for your dream wedding. With its chic ambiance, gourmet offerings, and tailor-made service, Regent Porto Montenegro provides exquisite settings to tell an unforgettable wedding story.

WHERE ROMANCE LIVES ON

Boka Bay is a place where nature and history merge to create a romantic setting that is hard to resist. From legends of forbidden love to tales of devotion and commitment, the bay is a destination that has captivated visitors for centuries.

Discover Boka Bay by taking a cruise to Our Lady of the Rocks, a baroque church on an island near the historic town of Perast. Afterward, guests can explore Kotor's Old Town and enjoy its ancient churches, city walls, and fascinating museums. This tour is not to be missed.

One of the most enduring legends is that of the Lady of the Rocks, the artificial island created in XV century. Lady of rocks” is a timeless tourist attraction on the Montenegrin coast and the church of the same name hides a special love story.

Legends used to be based on true events, and each of these stories has something special. The one about Jacinta Kunic-Mijovic is unique. She waited for 25 years for her captain to return home and to end her fear, and she started creating a tapestry. She worked on it every day for two and a half decades, and it became known as "Mother of God and Christ" or "Lady of rocks". It is now displayed in the church of the same name, making it a popular spot for romantic getaways and weddings.

Additionally, Our Lady Temple, a beautiful Baroque-style church built in the 18th century with a stunning bell tower, grand dome, and ornate interior decorations, is another enchanting location for a wedding ceremony that radiates romance and charm.

The town of Perast is home to the Smekja palace, where the story of the "Romeo and Juliet of Boka" unfolded. The couple's love story still captivates visitors today, as they imagine the young lovers fleeing to a nearby island to be together forever.

Whether you're looking for a nautical vibe or want to infuse the rich culture of Montenegro into your special day, Regent Porto Montenegro is the perfect backdrop for your dream wedding.

Boka Bay's natural beauty and rich history make it an ideal destination for couples seeking a romantic getaway. Whether you're exploring the Lady of the Rocks, Our Lady Temple, visiting the Smekja palace you'll find that the bay's romantic stories live on after centuries.

CHOOSE A UNIQUE AND SPECIAL VENUE THAT MATCHES YOUR ONE-OF-A-KIND LOVE STORY

Referred to as ‘the biggest and most luxurious yacht in Porto Montenegro’, Regent Porto Montenegro boasts impeccable architecture and design, with sunken terraces and sea views, classical Italianate gardens and walkways along calm water channels, and reflecting pools.

Regent Porto Montenegro offers an array of wedding venues to choose from, including the Summer Garden, a contemporary Mediterranean space with a capacity of up to 300 guests, situated around an old olive tree. The Garden, located at the seafront, is surrounded by fountains and landscaped gardens, making it a stunning location for a wedding ceremony or reception.

The Secret Garden, an outdoor extension of the hotel's quintessential patisserie, is perfect for private wedding celebrations. Tucked away in an intimate area of the hotel, it offers natural shade and views of the glamorous marina, seating up to 70 guests.

Porto Montenegro Yacht Club's 64m infinity pool is the most soughtafter venue for weddings, with its stunning views of the marina, mountains, and Boka Bay. The pool has a capacity of 188 guests, including a relaxing lounge area for up to 20 guests, providing a glamorous setting for your big day with rich catering provided by the hotel.

At Regent Porto Montenegro, your wedding will be as unique and special as your love story. Choose from a range of customized offers to create your dream wedding and honeymoon destination.

When selecting the perfect wedding cake, consider your personal taste preferences, the overall theme and aesthetic of your wedding, and the size and number of tiers.

Teodo Ballroom, the hotel’s first-floor function space, encompasses a pool deck overlooking the marina, Salon ‘Boka’, a foyer, and Regent Lounge. The venue exudes elegance, equipped with state-of-the-art technology and a seating capacity for up to 140 guests in the banquet setup. The grand French windows allow sunlight to flood the space, highlighting the intricate marble interior, and framing the extraordinary view of the marina and the Adriatic Sea.

The soothing blues of the Adriatic are echoed in the décor of the Murano Restaurant. Perfect for a grand banquet or reception, the restaurant offers ample space for dining and dancing.

Whether one desires a grand, lavish wedding or an intimate ceremony, the Regent Porto Montenegro team is here to meticulously craft to your vision and needs.

A TASTE OF MEDITERRANEAN ELEGANCE

Treat your guests to a delightful menu of locally sourced ingredients and sumptuous creations from Executive Sous Chef Marko Zivkovic. The finest in Mediterranean cuisine and Italian influences grace our three, distinct wedding menus and a selection of canapes featuring a tantalizing array of fresh pasta, delicious meats, seafood, and sweets.

THE WEDDING CAKE STORY

When selecting the perfect wedding cake, consider your personal taste preferences, the overall theme and aesthetic of your wedding, and the size and number of tiers. It is important to work with a skilled pastry chef who can guide you through the process and bring your vision to life. At Regent Porto Montenegro, we offer a range of delicious flavors and customized designs to make your wedding cake simply unforgettable.

The classic Carrot Cake is a popular choice for those who enjoy a rich and flavorful cake with a hint of tanginess. Made from locally sourced carrots, it has a moist sponge and is topped with cream cheese frosting, buttercream, and whipped cream icing, creating a perfect balance of flavors.

For those looking for a refreshing and fruity option, the Fruit Chiffon Cake is a great choice. Made with fresh fruits, this light and airy sponge cake is topped with white chocolate buttercream and whipped cream icing, providing a burst of fruity flavors that is perfect for a warm summer day.

The Chocolate Tiered Cake is the ultimate indulgence for chocolate lovers. Made with a chocolate chiffon sponge, it is filled with a luscious chocolate ganache and topped with chocolate buttercream and whipped

cream icing. This towering cake is sure to impress guests and leave a lasting impression.

Last but not least, the Red Velvet Cake is a smooth sponge with a deep crimson hue. Topped with cream cheese frosting, vanilla buttercream, and whipped cream icing, this cake has a moist and flavorful texture, with a hint of cocoa and a tangy note from the cream cheese frosting. It's a classic option for any wedding reception.

It was truly a beautiful summer’s day, and our wedding reception was nothing short of magical. Our guests were thoroughly enjoying the delicious Mediterranean and Italian-inspired cuisine, but we knew what they were really looking forward to - the wedding cake.

The finest in Mediterranean cuisine and Italian influences grace our three, distinct wedding menus and a selection of canapes featuring a tantalizing array of fresh pasta, delicious meats, seafood, and sweets.

As dessert time approached, the catering team emerged with our magnificent tiered cake. It was adorned with delicate sugar paste decorations and fresh flowers, and it took our breath away. Our guests gasped in awe at the sight of it, and we couldn't help but smile with pride. – bride Maria

And so, as the happy couple cut into the final layer of their magnificent wedding cake, they knew that they had made the perfect choice in selecting the Regent Porto Montenegro.

LOVE AND DEDICATION, WHICH YOUR PERFECT DAY DESERVES

A wedding at Regent Porto Montenegro promises a seamless blend of setting and service, the perfect way to start the next chapter of your life.

Customized Offer

The wedding of your dreams is possible at Regent Porto Montenegro with our unique customized offers. With many wonderful venues suitable for wedding ceremonies, gala dinners, or cocktail parties, the professional team of the hotel will pay attention to every detail to make your wedding day as you imagined.

Celebrate your special day in style with Regent Porto Montenegro. With a romantic ballroom, exquisite interiors, and stunning sweeping vistas across Boka Bay, this luxury hotel offers the perfect wedding venue or honeymoon destination for any couple.

Immerse yourself in the nautical atmosphere of the bay, marvel at the surrounding mountains, or embrace

The wedding expert with exceptional skills will provide assistance with every detail, including music selection, and decoration, and ensure your day is unforgettable. With their expertise, you can be confident that your special day will be flawless and receive the utmost love and dedication it deserves.

Let the staff at Regent Porto Montenegro make your dream wedding a reality.

Scan the QR code for more information.

The wedding of your dreams is possible at Regent Porto Montenegro with our unique customized offers. With many wonderful venues suitable for wedding ceremonies, gala dinners, or cocktail parties, the professional team of the hotel will pay attention to every detail to make your wedding day as you imagined.

The marina provides 156 moorings for yachts up to 30 meters, a nautical equipment store, grocery services, solid and liquid waste disposal, sailing courses, charter services and remote control video surveillance for yacht owners.

STORY OF Lazure HOTEL & MARINA SINCE 18th CENTURY

ONE OF THE BEST REVIEWED 5* HOTELS IN MONTENEGRO

The story of Lazure Hotel & Marina began in 2018 when it first opened in Meljine as a 5-star boutique hotel with only 24 accommodation units. The hotel's location in the Lazaret, a structure built by the Venetians at the beginning of the 18th century, sets it apart from other hotels in the area. Impressive, isn't it?

Investors

still like to make fun of the fact that it took them twice as long to transform the former Lazaret into a hotel than it did for Venice to build it from the ground up in 1729. One of the peculiarities of this structure is that none of the 24 apartments are the same. After the restoration was finished in 2018, Lazure's story expanded with the opening of a large SPA and wellness centre and a marina that quickly established itself as a must-visit pit-stop for all ardent sailors and sea lovers. The marina provides 156 moorings for yachts up to 30 meters, a nautical equipment store, grocery services, solid and liquid waste disposal, sailing courses, charter services and remote control video surveillance for yacht owners. Because of its ideal location, the marina is a great place to launch a sailing trip along the fabled Montenegrin coast. It is not surprising that the SPA centre, which is already known as one of the best in Montenegro, has become a favourite destination for spa centre lovers given that it offers a variety of saunas (Finish sauna, biosauna, Turkish sauna, and salt room), a gym with a stunning view of the sea, a relaxation room, and a sizable indoor pool.

The hotel's offerings have been expanded for the 2021 season with the addition of a brand-new, modern structure that includes 104 total guestrooms, 58 privately-owned residences, a sizable buffet restaurant, and a contemporary congress hall that can accommodate up to 200 people and has previously successfully hosted important

international conferences and conventions. The unique feature of the modern building is that it blends seamlessly into the Lazaret's environment, which is dominated by the historic hotel structure built of authentic, white Mediterranean stone. Additionally, the rooms and apartments in the new building have views of the sea and the picturesque Boka Bay, which by itself is a real ambassador of the beauty that Montenegro has to offer. Can anyone wish for a better view from the bedroom when they wake up in the morning and sip their first-morning coffee on the terrace?

But the story of the Lazure Hotel does not end here. Lazure Hotel & Marina is developing an exciting new project this year and intends to expand and enhance its offerings for all its guests and visitors. Since guest satisfaction has been the main focus and objective of this distinctive hotel on the shores of the Adriatic Sea from day one, this year Lazure is working on enriching the services offered at the hotel beach. Lazure's beach, complete with a brand-new beach bar and updated eatery, will open in June of this year. The hotel beach will cover a surface area of over 4500m2 and will be open for outside visitors with areas reserved for hotel guests and owners of Lazure resort residences. The food concept will be in line with modern trends, and will primarily draw inspiration from the fusion of Mediterranean, South American and Asian cuisines. The restaurant on the shore will specialize in offering refreshing and casual food, with an open kitchen concept and dishes prepared in a bread oven where, as we already know, the star of the show will be homemade pinsa, a dough made from special types of flour, as well as the much-loved sushi.

The beach will be accessible to both hotel guests and outside visitors every day from dawn until dusk. We have prepared a special program and event calendar with performers for the summer months, which you can follow on the hotel's official website.

Since guest satisfaction has been the main focus and objective of this distinctive hotel on the shores of the Adriatic Sea from day one, this year Lazure is working on enriching the services offered at the hotel beach.

We have prepared a special program and event calendar with performers for the summer months, which you can follow on the hotel's official website. In the 2024 season, Lazure Hotel will open a new outdoor pool on the beach available to all guests, thus rounding out the beach amenities.

In the 2024 season, Lazure Hotel will open a new outdoor pool on the beach available to all guests, thus rounding out the beach amenities. Lazure Hotel & Marina has been keeping up with contemporary trends and developments from the very start, which is why it has embraced the new wave of digital nomads and remote workers that is becoming a growing trend around the world and here in our country. The Lazure Hotel & Marina will be introducing its new coworking area in May of this year which will cover over 200m2. Users of the Lazure coworking space will be able to utilize contemporary technologies in places that have been customized for them. As a result, they will have access to numerous state-of-the-art technological tools as well as distinct workstations, private offices, phone booths, a meeting room, and other amenities.

The hotel's offering have been expanded for the 2021 season with the addition of a brand-new, modern structure that includes 104 total guestrooms, 58 privately-owned residences, a sizable buffet restaurant, and a contemporary congress hall that can accommodate up to 200 people and has previously successfully hosted important international conferences and conventions.

What else can be said about a hotel that has been consistently winning the hearts of visitors and guests from around the globe as attested by the rave reviews on all travel platforms? If you have already visited this oneof-a-kind hotel, you will undoubtedly return because it will captivate you with its authenticity, distinctive charm, and luxurious simplicity and elegance. If you haven't already, we heartily recommend adding this hotel to your bucket list. You definitely won't regret it.

You can find more information about the hotel itself and its current offers at www.lazure.me, by following our social media accounts or by sending an e-mail to reservations@lazure.me.

TRAVEL & DESTINATIONS

HEAVENLY BEAUTY. HELLISHLY GOOD.

The sky above, the earth below, and peace within.

Surpassing limits, taking in new horizons, savouring the feeling of boundless freedom: That’s never been easier than at Alpin Panorama Hotel Hubertus in Olang. The family-run hotel at the heart of the Dolomites has been pushing the boundaries for years –in terms of both hospitality and architecture. Since last year, Hubertus is shining with a new architectural masterpiece, which – like its spectacular Sky Pool –floats between sky and earth: Heaven & Hell, the elegant platform that is turning wellness upside down – quite literally.

New 2022: SkySpa Heaven & Hell Alpin Panorama Hotel Hubertus

Dolomites

Henley & Partners AN ESTABLISHED FEATURE IN THE REGIONAL INVESTMENT LANDSCAPE

BY RADE LJUMOVIĆ, Managing Partner, Henley & Partners Montenegro

HENLEY & PARTNERS – THE PIONEERING INVESTMENT MIGRATION FIRM

Henley & Partners is the global leader in residence and citizenship by investment. Each year, hundreds of wealthy individuals and their advisors rely on our expertise and experience in this area. The firm’s highly qualified professionals work together as one team in over 35 offices worldwide. The concept of residence and citizenship by investment was created by Henley & Partners in the 1990s. As globalization has expanded, residence and citizenship have become topics of significant interest among the increasing number of internationally mobile entrepreneurs and investors whom we proudly serve every day.

Henley & Partners established a Montenegro office in 2018 with the aim of providing dedicated support to processing offices in Montreal, Cape Town, Dubai, Hong Kong (SAR China), London, Singapore, and Zurich, and to applicants interested in investing in Montenegro. Henley & Partners Montenegro is an official member of the Montenegrin Foreign Investors Council (MFIC) and AmCham Montenegro.

THE MONTENEGRO CITIZENSHIP BY INVESTMENT PROGRAM – TOP CITIZENSHIP PROGRAM IN 2022

The Montenegro Citizenship by Investment Program was the most popular citizenship program among Henley & Partners’ clientele in 2022. The potential contribution of the total of 1,112 applications submitted over the three years of the program’s active implementation to the Montenegrin economy is approximately EUR 500 million. About half of these applications were submitted by Henley & Partners. Thanks to the program, intense construction of hotels is underway, particularly in the north of the country. Such projects would not have been realized without the program, and certainly not at the current speed and dynamic.

A key marker of the program’s success is the caliber of its applicants: renowned names in the IT and tech sectors, finance, beauty and fashion industry, and medical professionals practicing at prestigious international clinics either are or will soon become Montenegrin citizens.

One of the program’s greatest strengths lies in its comprehensive due

diligence. Before applications are submitted, potential applicants are subject to preliminary checks — first by intermediary agents such as Henley & Partners and then by local and international banks. After submission, as part of the government’s internal process, world-renowned companies, specialized in this field, conduct the official procedure for checking the eligibility of candidates. Unique processes and rigorous evaluations such as these had never been implemented in Montenegro before.

2023 AND BEYOND – WHAT LIES AHEAD?

Aware of the program’s significant impact to date, the Government of Montenegro is conducting detailed analyses and holding advanced discussions on a new investment migration program, which might operate on a different model. In terms of Henley & Partners presence in the country, over and above its primary, the firm’s Montenegro office also serves as a regional hub focused on promoting residence and citizenship investment programs across the globe, as well as investment migrationlinked real estate, education, and concierge services to the many highnet-worth investors who visit the region.

SELECTED INVESTMENT MIGRATION PROGRAMS

Henley & Partners Education

One of the many benefits of investment migration is enhanced access to premium global education. In unpredictable times, most of our clients are looking to secure world-class education for their children in top schools and universities that provide a stable, safe and nurturing environment. Many countries that host residence and citizenship by investment programs, such as the UK, the USA, Canada, Australia, New Zealand, and numerous European countries, are home to the world’s best educational institutions. With so many options, we can help you make one of life’s most important and difficult decisions: choosing the right education for your child.

Key benefits of top-tier education

A gateway to the world’s best universities

Exposure to invaluable international experience, skills, and knowledge

Excellent prospects globally International networking and career opportunities

An all-encompassing service

1. Global school and university placement

2. The Henley Academic Profiling Assessment

3. Concierge services

Our unique offering

• Henley & Partners Education has extensive sectorspecific international experience. We have access to comprehensive global networks and the most up-todate information, and all our consultants have held leading roles in world-class primary, secondary, and tertiary education institutions

• Our comprehensive knowledge of global education combined with our unique, professional, objective assessment of your child’s individual requirements will result in their successful placement in the most suitable school or university

• Throughout the process, from searching for the best options, to preparing your child for interviews, to helping you and your family settle in should you decide to relocate, we offer bespoke additional support services, tailored to meet your family’s specific needs

Situated on the Balkan Peninsula in Southeastern Europe, Montenegro is not only known for being a popular luxury destination, but it also has dynamic investment potential. This safe and stable country has become an economic hub for modern resorts and is working towards having a free-market economy. Successful applicants gain access to the European market as well as European residence. Furthermore, Montenegro is an official candidate country for EU membership.

Population:

Language:

Economy:

Currency:

Overview

602,500

Montenegrin

Tourism-based

Euro

• Processing time of approximately one month from submission of the application to approval

• The right to live, work, and study in Montenegro

Key benefits

Highly efficient procedure for residence application and opening a bank account

Minimal application requirements, with only one visit to Montenegro required during the application process

Eligibility to apply for permanent residence after five years

Low business operation costs compared to other European jurisdictions

Duty-free trade and customs agreements with EU member states, Switzerland, Türkiye, and other countries

Residence in a member state of the European Monetary Union, the NATO Alliance, OSCE, and the WTO

Residence in a country that is multinational and multilingual, and enjoys a mild Mediterranean climate, beautiful scenery, and a low cost of living

E montenegro@henleyglobal.com

T +382 20 674 074

Lifestyle Real Estate

Over the past 15 years, local real estate practitioners have enjoyed watching Montenegro emerge as a key second home and property-investor market in the Mediterranean. The Montenegrin and regional real estate market is still an emerging market with a great deal of potential for capital growth, and it has a number of favourable benefits. Montenegro has low real estate tax rates, and a successful citizenship by investment program centred around new hotel developments, which are all helpful in the development and advancement of the real estate market in the country and region.

Portonovi –THE ADDRESS FOR EXCEPTIONAL EXPERIENCES

Portonovi, located in the heart of Boka Bay, is one of the most exciting and most visited places on the Montenegrin coast. Many local and foreign visitors and high occupancy rates confirm that Boka Bay needed a luxury settlement that offers the highest quality real estate and an authentic Mediterranean atmosphere.

Located on more than 26 acres along the Adriatic shoreline in picturesque Boka Bay, Portonovi became a new paradigm of mindful living for those pursuing the best. While respecting the long-lived legacy of the location, the project team understood that the future legacy must be focused on offering a thoroughly engaging experience with something for every generation of guests and visitors. Travelers from all around the globe can enjoy this remarkable place for a relaxing getaway on the Adriatic Coast, set between the sea and beautifully manicured gardens 365 days a year.

Renowned for its history, culture, and rugged natural beauty, the surrounding area also has a lot to offer, including visiting the medieval town of Kotor, a UNESCO World Heritage Site, adventure in Lovćen National Park, and sailing around the beautiful Riviera coast, as well as a tour of the quaint Perast, the Venice of the Adriatic.

Portonovi, as a destination, lends itself perfectly to suit all types of travelers. Whether it is a romantic couple getaway or a multi-generational resort vacation, holiday wellness with friends, or a special treat for the kids, guests can catch a break this spring and experience the most beautiful time of the year with their loved ones, away from crowded places and the clamor of the city.

Portonovi is also home to a world-class 238-berth marina if guests and residents want to dock their yachts in style.

DISCOVER PORTONOVI

Portonovi hosts a diverse list of noteworthy developments. Visitors are encouraged to explore an elevated experience different from the rest, with accommodation offerings, fresh restaurant concepts, and a flourishing art, entertainment, and cultural scene. All this gives visitors a reason to plan a trip to indulge in one of the finest Montenegrin travel destinations during every season.

Portonovi is a paradise for hedonists. There are numerous restaurants with food from the world cuisine menus prepared by some of the most successful and respected chefs. Cafés along the coast were made to enjoy the sea and the sun. High-end brand stores, an art gallery, and many other activities that the settlement offers all make life in Portonovi a new definition of luxury, comfort, and endless enjoyment.

Gallery Pizana, with diverse and exquisite artworks, seeks to stir the visitors’ imagination and sheds light on the rich cultural scene of Montenegro. Gallery works on organizing creative projects and events, focusing on local, regional, and international cooperation of artistic groups, individuals, and networks, as well as all creative people and institutions related to culture and all other segments of society.

We live when we are more focused on our health and well-being than ever, so having a first-class health service such as Ars Medica hospital and Maxima pharmacy within walking distance is a must.

In Portonovi, even buying groceries is a special treat and experience. IDEA Gourmet market combines different gastronomic concepts, thus creating an offer that will impress even those with the most refined taste. Residents and visitors also have the best banking service in the area, thanks to the modern branch office of Hipotekarna Bank.

Beauty and wellness are crucial parts of resort living, so Portonovi Training Studio is waiting for all fitness-savvy guests right in the heart

Located on more than 26 acres along the Adriatic shoreline in picturesque Boka Bay, Portonovi became a new paradigm of mindful living for those pursuing the best.

of the resort. They offer the highest standards of gym and fitness, sports and relaxation massages, as well as group aerobic training and yoga. After a workout, everybody deserves some pampering and glow-up in the studio of one of the best hairstylists in the country – Look by Violeta.

Additionally, when it comes to wellness, Chenot Espace Medical Spa at Europe's first One&Only luxury resort offers a “relief journey” toxicology and transformation of the body based on the Chenot Method. Each program is tailored to individual needs and aimed at invigorating, stimulating the body, and activating energy channels.

Portonovi Marina is lined with buzzing bars and vibrant restaurants that light up the blue of the Adriatic. Portonovi’s offer is made from various gastronomical and catering experiences. Undoubtedly, this location will stay at the heart of the social life in Boka Bay and the region for years to come. Whether you crave a cup of the best coffee from Koffein, a scoop of the most excellent Italian Godo gelato, or one-of-a-kind fusion dining experiences in Romeo & Juliet, Square, Perla Square Portonovi, Maison du Monde, or Rock Fish Restaurant at Portonovi Beach Club (open during summer season), you will take nothing but the sweetest memories for all the senses.

It is well known that Herceg Novi is blessed with an incredible microclimate, so strolling in the sun while eating ice cream and sitting in one of the many cafés along the Portonovi promenade sounds like a treat all year round.

For all the fashionistas who prefer shopping to burn calories from eating all the delicacies, a multi-brand store Tenero Fashion is a representative and distributor of leading Italian fashion brands. Another fashionable journey awaits the guests at the multi-brand boutique Tyche in one of the most prominent Marina Residences. Prego Fashion is a multi-brand store concept with a selection of high-quality Italian brands with sartorial pieces that will become the favorite place for lovers of dominantly smart-casual style. Sunglasses lovers will enjoy the Monokl store, offering a wide range of world-famous brands.

Some activities and events in Portonovi are only for adults. However, an international preschool and primary school - Boka International, has a licensed methodology for working with children, and it is the best place where our youngest guests can enjoy themselves while their older family members have some carefree time. A highly qualified team of educators and associates at Boka School International will provide the youngest with a comfortable stay and treat each child as unique.

Portonovi provides a wide range of events for every age and everyone’s taste - from wine-tasting evenings to exhibitions, concerts, fashion shows, and open-air cinemas. Each event keeps high standards of extraordinary experience, great fun, fantastic music, good food, and drinks, all set in breathtaking surroundings.

EXCEPTIONAL EXPERIENCES NO MATTER THE SEASON

Even when it comes to events, Portonovi does not lag behind luxury resorts worldwide, offering a rich program designed to fit everybody’s needs. In the spirit of a true Mediterranean resort, Portonovi provides a wide range of events for every age and everyone’s taste - from winetasting evenings to exhibitions, concerts, fashion shows, and open-air cinemas. Each event keeps high standards of extraordinary experience, great fun, fantastic music, good food, and drinks, all set in breathtaking surroundings.

Another reason Portonovi has a unique charm is its legacy when it comes to regattas and yachting, which is why it is home to Portonovi Yacht Club. Yacht and sailing enthusiasts gather throughout the year to enjoy adventures on the sea in this place. Their signature Portonovi Regatta, “Boka Islands,” is planned to be organized fourth time this year to the delight of all sailing enthusiasts.

The rich cultural life inside the resort lasts the whole year. Portonovi is not only famous for its exceptional summer events but also for the magnificent Festive Season, which brought many guests to Montenegro and the biggest New Year Tree. The unique Portonovi experience never fades away, but it embraces each season and makes the best of it.

THE ADDRESS THAT BECOMES YOUR HOME

Portonovi provides an array of benefits for guests and buyers. One of the highlights of buying in this luxury resort is ready-to-move-in apartments and residences that seem very attractive to regional and international buyers. Plenty of visitors have shown deep interest in making Portonovi their permanent home, be it the beautiful sights of Boka Bay, peace and serenity, or the beauty of the perfectly designed resort, built to the highest of standards.

What distinguishes the offer of real estate in Portonovi is its diversity - from luxurious villas that become home to primarily multi-member families to apartments with several rooms and studios. Real estate offer in Portonovi is unique because it is tailor-made to the highest standards. Apartment owners find peace and a safe harbor here since, in their home, they have everything they need for a comfortable life - a private garden full of coastal trees that abound in the shade, a private swimming pool, and a spacious apartment with an unforgettable view.

Moreover, Portonovi breathtaking Village Residences range from 1-bedroom to 4-bedroom apartments, with open-plan design, private pools, landscaped gardens, and panoramic Boka Bay views.

A natural neighborhood just minutes from the water, the Village Residencies are at the heart of the Portonovi community. Life here is lived outside, enjoying the Adriatic sun in a landscaped park or outdoor pool.

With a prime position in Portonovi culinary and social center, the Ma-

rina Residences are ideally located to enjoy everything that makes this resort unique, with top-class restaurants, cafés, bars, and shops all close at hand. These quiet apartments sit on the water, directly accessing Portonovi world-class marina. Private balconies, tasteful design features, and spacious, open-plan design combine to create a residence that celebrates its spectacular natural surroundings. Marina Residences range from studio apartments to Sky Villas.

Portonovi is also home to the most luxurious One&Only Private Homes. These palatial waterfront villas offer the most exceptional luxury living anywhere on the Adriatic Riviera, created in collaboration with renowned hotelier One&Only. Inspired by Montenegro’s cerulean seas and deep emerald valleys, each magnificent private residence is designed to reflect the beauty of Boka Bay – and offer something unique. Each villa provides its outdoor terrace, private jetty, pool, and fragrant sunken garden.

For more information about residences, write to enquiries@portonovi.com

To book accommodation, write to stay@portonovi.com For information about upcoming events, write to events@portonovi.com

Moreover, Portonovi breathtaking Village Residences range from 1-bedroom to 4-bedroom apartments, with openplan design, private pools, landscaped gardens, and panoramic Boka Bay views.

Portonovi is home to the most luxurious One&Only Private Homes. These palatial waterfront villas offer the most exceptional luxury living anywhere on the Adriatic Riviera, created in collaboration with renowned hotelier One&Only.

A visit to the lounge bar and restaurant on the island of Supetar near Cavtat is an unforgettable experience. To get there, you can take a speedboat, adding a touch of adventure to your journey. Once you arrive, you'll be surrounded by lush plants, and the use of natural materials throughout the establishment creates a harmonious blend with the island's beauty. The lounge bar and restaurant provide cabanas, an extensive wine list, signature cocktails, and exceptional service, making it the perfect spot to spend an entire day soaking up the sun, enjoying great food, and listening to fantastic music. Whether you're with friends or family, you can relax and indulge in a range of mouth-watering dishes that use fresh, locally sourced ingredients. Don't miss out on this opportunity to create lasting memories on this idyllic island.

Reservations +385 98 136 4293 booking@stpietro-dubrovnik.com www.stpietro-dubrovnik.com

TOURISM IN CROATIA IN

5 YEARS

TIMEA Look Ahead

GUEST WRITER FOR THE COLLECTION, MARIJA CRNJAK

Marjan Hotel, Split

More than any other crisis, the pandemic and then inflation with the increase in energy prices, have triggered fundamental changes in the global tourism sector, which is considering how to continue the growth in a sustainable way, with new generations setting their own travel standards. We, therefore, asked the leading analysts of Croatian tourism what the situation was like in the year that promises to return us to pre-pandemic figures, and perhaps even exceed them. We found out the condition of the Croatian hotel industry, what strategic moves should be made in order to create added value in the sector, and what the role of data monitoring is in future decisions that will be made at all levels, because the implementation of the Strategy for the Sustainable Development of Croatian Tourism until 2030 is currently underway, which has already begun with a tender for funds from the National Recovery and Resilience Plan (NPOO), and continues with the adoption of new legislation and numerous investment projects into private and public infrastructure that will follow.

BLUEROCK CONSULTING: LUXURY AND FAMOUS BRANDS MAKE THE DIFFERENCE

Although it is a segment that still makes barely 15 percent of the total accommodation capacity in Croatian tourism, the hotel sector is an important link whose development will be given the greatest attention in the coming period, as it guarantees the lengthening of the season and the creation of added value. If we look at the business results of hotel companies in the past year, which were analyzed for The Collection by analyst Dora Montana from BlueRock Consulting Zagreb, we see that Croatian hotels of higher categories (4 and 5 stars) recorded good results regarding the basic indicators of hotel operation - the average annual TrevPAR (total hotel income per accommodation unit) was 35,000 euros, ADR 151 euros (average daily price per unit), while the average an-

nual occupancy was 45 percent.

"The best results were recorded in southern Dalmatia and Istria, which had above-average result of all three indicators. Hotels in southern Dalmatia stood out as absolute leaders in 2022 with indicators significantly higher than the annual average. The average annual TRevPAR was 51,600 euros, i.e. 47 percent above the average, the average annual ADR was 192 euros, or 27 percent above the average, while the average annual occupancy was 50 percent, which is 11 percent more than the average in 2022," says Montana.

Along with southern Dalmatia, Istria stands out as the leader that also recorded above-average results in 2022. The average annual TRevPAR was almost 40,000 euros, which is 14 percent more than the average, the average annual ADR was 160 euros, or 6 percent above the average, while the average annual occupancy was 49 percent, which is 8 percent more than the average in 2022. High occupancy in southern Dalmatia and Istria is at least an indication of the relatively low level of seasonality in those two regions.

Northern Dalmatia is the region where seasonality is most noticeable, with an average annual occupancy of 34 percent, which is a quarter lower than the annual average for hotels in Croatia. Montana concludes that the presence of well-known hotel brands influences higher ADR and TRevPAR in southern Dalmatia and Istria.

"While the number of overnight stays in total commercial facilities in Croatia in 2022 almost reached the results from 2019, there was 11.1% fewer overnight stays in hotels than in 2019", says Čižmar.

505 CONSULTING: ENERGY PRICES AND PERSONNEL – THE BIGGEST CHALLENGES

Sanja Čižmar, director of the company 505 Consulting, points out that the hotel industry in Croatia is successfully recovering in the postCOVID period, although the recovery of market demand for hotels is slower compared to other types of accommodation, such as campsites and private accommodation.

"While the number of overnight stays in total commercial facilities in Croatia in 2022 almost reached the results from 2019, there was 11.1% fewer overnight stays in hotels than in 2019. However, spurred by great increase in bookings, as well as by increase in business costs, there was a large increase in hotel prices last year. Thus, consumer price indices in hotels and restaurants in 2022 compared to the previous year amounted to 113.4, while input costs have increased even more - the consumer price index of food and non-alcoholic beverages was 115.9. The number of fiscal receipts increased by 51.6 percent last year, and by 37.4 percent compared to 2019, which indicates a strong growth in consumption, i.e. physical turnover and prices. If this is put in the context of the growth of the inflation rate, we have a real income growth rate in the sector of 16.3 percent in the period from 2019 to 2022," says Čižmar.

She pointed out that the trend of income growth in accommodation and catering continued strongly in the first two months of 2023, with an increase in the amount of fiscal invoices by 36.8 percent compared to the same period last year, which indicated a good market positioning of accommodation and catering activities.

However, on the other hand, we have a great increase in costs, which is a considerable challenge for preserving profitability.

"Analyzing the business results of 20 tourism companies whose shares are listed on the Zagreb Stock Exchange, it is noticeable that business revenues in 2022 compared to the previous year increased by 46 percent, the costs of raw materials and materials increased by 86 percent, labor costs by 58 percent and other costs (including energy) by 63 percent compared to the previous year. In addition to the lack of labor, the hotel industry is faced with the necessity of applying crisis management," says Čižmar, and states that the prospects of the Croatian hotel industry in

the next period depend on a number of factors.

Proximity to key markets, safety, the introduction of the euro and entry into Schengen will have a positive effect on demand growth. However, the actual volume of reservations will also depend on price competitiveness.

"For 2023, hoteliers are announcing an increase in prices of at least 10 to 15 percent due to the increase in business costs. In such a situation, the opening of distant tourist destinations and the price competitiveness of the Eastern Mediterranean will probably affect the outflow of part of the demand from hotels in Croatia to other destinations. In addition, the slowdown of the investment cycle in the hotel industry under the influence of the pandemic should also be mentioned. The largest hotel and tourism companies in Croatia, which are also the largest investors, announce an increase in investments for the next medium-term period, however, there is caution due to the limited possibility of accumulating cash flow from operations", the consultant points out.

HORWATH HTL: NEW PRODUCTS AND NEW MARKETS

Because of all this, strengthening competitiveness is the most important task in the future. The geographical position of Croatia and the diversity of resources are the perfect basis for diversifying the tourist offer and creating products that will attract guests in pre- and post-season, using even the most popular products of Croatian tourism - the sun and the sea. In addition to traditional inbound markets, we have a great potential to attract guests from new markets, from the Middle East to northern Europe, and even Turkey, says Siniša Topalović, a partner in Horwath HTL, whom we asked to give us examples of strategic decisions that could bring added value to the sector.

"The sun and the sea do not have to imply only swimming, just as swimming does not have to be only in the sea, because, due to the mild climate, it is very possible to swim in heated pools during the spring and autumn days. During that period, it is possible to attract guests from the northern European markets, to whom it is warm enough for outdoor activities. In other words, we can "stretch" what we already have and use it

"For 2023, hoteliers are announcing an increase in prices of at least 10 to 15 percent due to the increase in business costs. In such a situation, the opening of distant tourist destinations and the price competitiveness of the Eastern Mediterranean will probably affect the outflow of part of the demand from hotels in Croatia to other destinations.", says Čižmar.

Sanja Čižmar, 505 Consulting - Director

Hyatt Regency Zadar Maraska

to a greater extent, and look up to few hotels that have already developed cooperation with some new markets," says Topalović.

The markets of the Middle East are a great example of unused potential, thanks to their holidays among other things that do not coincide with the holidays in Western Europe. An example is Ramadan Eid, followed by several days of Eid, which are regularly used for trips, so we could attract those guests to our more luxurious destinations such as Dubrovnik, or luxury resorts and hotels, of which there are more and more in Croatia, from Istria to the Split Archipelago. Cities like Dubai and Doha have a large population of "expatriates" who enjoy these holidays, and they make excellent guests. The Turkish market is huge and can be attracted by gastronomy, cultural offer, and Balkan tours... However, Topalović points out, all participants need to connect, from hotels to agencies and tourist communities, and the national airline Croatia Airlines could also be better used strategically.

"The next crucial step should be strengthening of the infrastructure for products that bring guests out of the summer season, for example, we do not yet have large congress centers, and we need at least three in the country to be able to host global conferences. It is also necessary to invest in the destinations of outdoor active tourism and to connect in that segment with neighboring countries, Montenegro, BiH or Slovenia," says Topalović.

Health tourism is also an important link in the chain, the infrastructure of which should be strengthened by projects that applied for the tender of the National Recovery and Resilience Plan (NPOO), but it should certainly not stop there, the analyst concludes.

MINISTRY OF TOURISM: AS MANY AS 468 PROJECTS FOR NPOO

In the recently concluded tender for NPOO, the Ministry of Tourism and Sports received 468 project proposals from the public and private sectors, for which EUR 289.3 million in grants for tourism were secured. This is part of the Croatian Government's tourism reform, which includes the adoption of legal and strategic documents, but also the largest investment in tourism through EU funds and the state budget, with a

total value of more than 1.27 billion euros by 2030. The adoption of the National Plan for the Development of Sustainable Tourism until 2027 is expected soon, which will prescribe activities and concrete measures for the implementation of the Strategy. In addition to that, the preparation of the umbrella law for tourism, the Law on Tourism, which will establish an effective management system for the development of tourism, is in progress, it is pointed out from the Ministry.

"With the Strategy for the Development of Sustainable Tourism until 2030, we determined that the development of tourism will be directed towards year-round and sustainable tourism, for which a green and digital transition is necessary. These significant grants are intended for exactly that. The emphasis is particularly on two special forms of tourism that strongly contribute to the year-round and regionally balanced development of tourism, but also to a better quality of life and the provision of jobs for the local population. It is health and active tourism, where investments in public health and sports infrastructure are an incentive for the development of entire regions, including small and medium entrepreneurship and self-employment. We expect that these investments will result in the creation of thermal rivieras in the continental part and climate air and thermal bathing spas in Adriatic Croatia, which will make Croatian tourism more competitive and attractive throughout the year. The great interest in these confirms that the sector is ready for this step forward", says the Minister of Tourism, Nikolina Brnjac.

In order to examine the effects of these subsidies, the Ministry engaged the Economic Institute Zagreb to calculate how only the investments in medical tourism will influence GDP and further investments. The numbers are impressive. Namely, the investment of 61.7 million euros in health tourism, available from the budget of the National Plan for Recovery and Resilience (NPOO), in the short term, could generate an additional 1.13 billion euros of investments, which represents 9.8 percent of the total investments made by the Croatian economy in 2021. At the same time, this can create 356 million euros of new gross added value product, which represents 0.8 percent of the total achieved GDP in the Republic of Croatia in 2021. In the long term, the effects are even more dramatic - the total estimated effects on the creation of new GDP are 1.26 billion euros, which is 2.8 percent of the GDP achieved in Croatia in 2021. If we were to invest 200 million euros, which is the total potential investment in health tourism already known from the investment catalog, this would generate 4.2 billion euros of investment according to the figures from the Economic Institute. Namely, these investments are not only important for tourism, but they also have an impact on many other sectors - health, construction, trade and agriculture, influencing them to work better and more, employ people and create better life. Namely, along with transport infrastructure, investments in health infrastructure are most cost effective in the long term.

"The next crucial step should be strengthening of the infrastructure for products that bring guests out of the summer season, for example, we do not yet have large congress centers, and we need at least three in the country to be able to host global conferences.”, says Topalović.

Siniša Topalović, Horwath HTLPartner

Marjan Hotel, Split

SAVILLS CROATIA (DREAM ESTATES CROATIA)

Vedrana Kelleher, owner and director at Savills Croatia (Dream Estates Croatia) says that the government of Croatia needs to establish the legal framework for the delivery of large-scale mixed-use resorts such as occurred in Montenegro which catapulted the country in 5 years to becoming a high-end tourism destination, especially in Kotor Bay. Currently, most greenfield or brownfield sites in the pipeline in Croatia are concessions - granted by the government through tender, which do not allow for freehold ownership of real estate. As we are advisors for many of the large pipeline projects, this leasehold factor, together with ongoing delays in planning issues, are both severely affecting the country's ability to deliver high-end residences for sale and leaseback, which deliver huge economic benefits.

Vedrana stated that the typical apartment unit we see now in Ciovo etc. delivers an annual contribution of EUR5,000 to the country’s GDP whereas a branded residence delivers 12 times more each year. The benefits of such projects can be witnessed first-hand at Porto Montenegro for instance.

Dubrovnik is severely struggling for high-end product to match the expectations of incoming investors. Vedrana says that a prime property coming onto the market, at market price (with prime property growth averaging 10% per annum over recent years), will usually sell in a matter of weeks. Prices and demand in Dubrovnik continue to rise and seem to weather any economic headwinds traditionally. But supply continues to disappoint, says Vedrana.

COLLIERS ADVISORY: GROWING INTEREST OF INVESTORS

It is therefore clear that all these processes should also increase the dynamics of investments in the coming period. The potential of Croatia as a tourist destination is already recognized by international developers and investors, and their interest is growing year by year, they tell us from Colliers office in Zagreb.

"In 2022, 40 percent of overnight stays in Croatia was in private accommodation, and the hotel market is currently dominated by 3-star and 4-star hotels, while only 11 percent of hotels are in the 5-star catego-

ry. This is precisely the area whose potential was recognized by foreign operators, so Marriott will soon open a hotel in Ičići, and Hyatt in Zadar. These entries are part of a new development cycle in Croatia.

International hotel brands are expanding into the Croatian market through new developments, and in recent years they have shown a huge interest in mixed-use products, with a focus on those with a secondhome component. Investors have recognized the potential of Croatia as a tourist destination, and hotels are investing great efforts in designing additional amenities to ensure the lengthening of the season to a yearround season. The construction of hotels in many non-prime locations is becoming increasingly unprofitable for today's investors, mostly due to the currently increased construction costs, which will potentially lead to less interest, but also to the development of less attractive locations. However, it is more likely that investors will turn to mixed-use resorts, which, in addition to tourist properties, also have second-homes, i.e. keys for tourist rentals, given that this branch of real estate brings a significantly faster return on investment," predicts Vedrana Likan, director of the company Colliers Advisory.

MASTERCARD: DATA ANALYSIS IS KEY IN PROMOTION

All these processes are also taking place in a kind of tourism transition brought by new generations of travelers and new technologies, which fortunately provide us with endless possibilities in data analysis so that decisions can be made. Data insights will be the key tool here for governments, private companies and small businesses – as an incomplete overview of the full consumer journey results in inadequate insights needed to understand visitors' needs and the information necessary to make an investment aimed at attracting them to the destination. This is the basis of the MasterCard Tourism Insights platform - it analyzes the entire consumer journey before, during, and after travel, providing a better understanding of visitors' plans, interests and preferences, enabling them to shape their offer and direct marketing investments.

"Consumers generate massive databases before, during and after their journeys – sentiment data extracted from search engines, transactions, social network data and booking data measure the overall visitors' satisfaction, experience, and perception concerning individual users and their competitors. Our tool helps communities relying on tourism and government agencies at local and national levels to plan their tourism recovery programs, ranging from launching international marketing campaigns to granting subsidies to citizens incentivizing local spending in the tourism sector", says Gea Kariž, Marketing Director of MasterCard in Croatia.

It also helps hotel operators understand how to communicate with certain types of guests – distinguishing, for example, the needs of families from the needs of those traveling alone. It can also help manage off-season low demand and overcrowding during the peak season. Users of this tool include London, Paris, Madrid, New York, and the Greek national tourist offices.

Another example of data in service of making tourism more sustainable is MasterCard’s cooperation with the Croatian National Tourist Board. Tourism Insights data, based on which its users are aware of what modern travelers desire, where they stay, and where they seek inspiration, has been combined with the CNTB’s knowledge and experience to jointly implement a campaign that will entail optimization of marketing investment. Based on the data from Tourism Insights, in 2022, three markets with a strong potential for positioning Croatia as a top vacation destination were identified, and three travel-related products were chosen to be promoted there. Accordingly, tourists from the United Kingdom, Italy, and the Netherlands were approached in a specially adapted way within the framework of a one-month campaign through digital advertising, social networks, and PR. The results showed that the campaign was responsible for increasing the preference for Croatia as a destination according to all the indicators measured in the research, says Gea Kariž.

Vedrana Likan, Colliers Advisory - Director

PROJECTS THAT WILL TRANSFORM THE OFFER OF DESTINATIONS ADDRESS: MARJAN HOTEL, SPLIT

After the project had received an amendment to the building permit in January, the demolition of the old Marjan Hotel building began in mid-March, and in its place, Adris will build a new hotel, investing more than 100 million euros. The concept of the reconstruction of the Marjan Hotel will keep all the urban settings of Lovro Perković's original project. It consists of a horizontal three-story base with two atriums around which the hotel's public spaces line up and a vertical that keeps the functions defined by the original project. The entire reconstruction will be implemented in the dimensions of the existing building. Marjan Hotel will be a 5-star hotel with 285 accommodation units, and will have 15 floors from the basement to the vertical of the tower, where there will be exclusively accommodation units. There will be a garage with 285 parking spaces in the basement. Public spaces are arranged from the ground floor to the roof floor of the lower part of the building. The amenities that serve to activate the hotel are two atriums on the ground floor, the larger one of which is richly planted with Mediterranean plant species and will serve as a daily space to which the two restaurants and the hotel lobby are oriented.

The congress hall can be divided into three smaller ones, and it will accommodate a total of 500 people. Other public facilities include the closed part of the wellness area, which will be located on the 1st and 2nd floor and will extend to 1700 m2. Wellness will consist of an indoor pool of 140 m2, an exercise area and a spa area with saunas, relaxation areas and massage rooms.

LUKŠA GLAVINJA: MARINA CAVTAT&RESORT

The Marina Cavtat & Resort project in Prahivac, which was declared a strategic investment project by the Government of the Republic of Croatia last July, is worth a little less than 100 million euros. At the beginning of March, the Dubrovnik-Neretva County chose the company Marina Cavtat, owned by Lukša Glavinja, as the most favorable bidder for the concession on the maritime property for the use of the port for nautical tourism where the construction of a hotel resort in the 5-star category for tourist purposes is planned.

According to the project, the resort will have 260 accommodation units or 900 beds. The construction of an inclined panoramic elevator, restaurants, catering facilities, hiking trails, outdoor swimming pools and other sports and recreational facilities is also planned. In the hotel resort, the investor intends to employ over 250 permanent and 150 seasonal workers.

In the act adopted by the Government, it is stated that the project fulfills the conditions prescribed by the Law on Strategic Investment Projects, and its co-financing from the funds and programs of the European Union is also possible. The project should be completed by 2028.

DOGUS GROUP:

HYATT REGENCY ZADAR MARASKA

During the next year, the first hotel in Croatia that will operate under the global Hyatt brand should be opened in Zadar, the Dogus Group confirmed which is currently building the Hyatt Regency Zadar Maraska hotel on the site of the former factory Maraska in the city center.

The construction site was visited by representatives of Hyatt and Minister of Tourism, Nikolina Brnjac. The value of the investment in the hotel is 55 million euros, and the hotel should open its doors to guests even eight years after the Turkish Dogus announced its entry into this investment.

The Zadar hotel will have 133 rooms and suites, a bar, restaurants, a spa area, and a conference hall of 400 square meters. Next to the hotel, a new two-lane road will be built to connect Trpimir coast with Miroslava Krleže Street, and two residential zones with 208 apartments are also planned.

The total area of the entire project is 23,500 square meters. The plan is for the hotel to be in operation until the season of 2024, but Burak Baykan, regional director of the Dogus Group, said at the end of 2022 that it was an ambitious plan, but the hotel should be in operation at least until the end of the year lengthening of the season for the whole year.

The planned investment so far was EUR 100 million, however, with changes in the market and the increase in the price of construction materials, the current investment is estimated at 120 million euros, of which 55 million euros is related exclusively to the hotel.

The Zadar hotel will have 133 rooms and suites, a bar, restaurants, a spa area, and a conference hall of 400 square meters. Next to the hotel, a new two-lane road will be built to connect Trpimir coast with Miroslava Krleže Street, and two residential zones with 208 apartments are also planned.

Hyatt Regency Zadar Marask

Condo hotel Wulfenia in Kolašin, set to open in 2024, offers hotel rooms and apartments for sale that come in a few different sizes, ranging from 25.53m2 to 29.29m2 for hotel rooms and 43.62m2 to 99.97m2 for hotel apartments.

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The Finest Italian Linens Since 1860

Stories, FROM CROATIA RICHER IN NEW EXPERIENCES

There are few countries that can provide you with unforgettable authentic experiences throughout the year. Croatia is a country that offers just that.

The clear blue sea, green pine forests and fragrant vineyards, beautiful pristine nature, picturesque views, and centuriesold palaces and summer houses are timeless, enriching experiences. These are places where you achieve the balance of mind and body, while traces of a thousand-year history invite exploration.

Hotels within Stories, a chain of unique Croatian hotels, are located in hidden bays and on rocks above the sea, surrounded by a picturesque archipelago of islets, among century-old olive groves, in the preserved remains of a medieval tower, in the very heart of the city or in town palaces and castles where once emperors and noble families resided.

The unique story of each hotel is written in its architecture and exterior, in the sunkissed stone or in the centuries-old olive tree that grows under its windows. You can feel the past in them, but also find inspiration for writing new pages. They invite guests to tell their story about their stay as true protagonists. In each of these places, you are invited to immerse yourself in unforgettable authentic local experiences while enjoying rare wines and delicious food and breathing in the fresh air of scented salt permeated with the aromas of Mediterranean herbs. Here you become enriched with new experiences accompanied by pure, elegant, and authentic luxury, ready to tell your new story.

Write Stories of your own with Stories and Mastercard®. Stories hotels welcome Premium Mastercard cardholders with a variety of benefits that are different from hotel to hotel. Benefits can include: early check-in and late check-out (if available), upgrade on arrival (if available), welcome drink, freeparking, a complimentary bottle of wine or a fruit basket.

For redeeming your benefits please use your Premium Mastercard and a code STORIES23 while making a reservation. Offer is valid until December 31,2023.

In this issue we proudly present Hotel Adriatic, Design Hotel Navis, Heritage Hotel Life Palace, Kazbek Boutique Hotel, Hotel San Rocco and Hotel Bastion. www.storiescroatia.com

HOTEL ADRIATIC

ART BOUTIQUE HOTEL LOCATED IN ROVINJ’S HISTORIC CENTRE

This chic boutique hotel is located in Rovinj’s historic centre and is entirely inspired by artwork which was created exclusively for the hotel, creating a compelling art collection.

Over hundred unique works of art are exhibited throughout the hotel and such often being the topic of conversation over a glass of wine or an object of admiration of the hotel visitors.

The cosy yet intimate atmosphere of the Brasserie Adriatic is perfect if you want to enjoy our trendy dishes inspired by the locality and the influence of the French Riviera or just relax with a glass of whiskey or wine accompanied by the view of the town’s main square and harbour.

Hotel Adriatic is one of the few hotels in Croatia in which the artwork was created exclusively for the hotel, creating a compelling art collection. Over hundred unique works of art are exhibited throughout the hotel and such often being the topic of conversation over a glass of wine or an object of admiration of the hotel visitors.

LEISURE EXPERIENCE

• Pebbly and rocky natural beaches: a 5-minute boat ride away on the island of St Catherine

• Amenities of the Grand Park Hotel Rovinj wellness & spa at guests disposal, including the use of sun loungers and parasols, as well as indoor and outdoor pools.

• Bicycle hire

• One of the largest selections of whiskey in Croatia

NOT TO BE MISSED

• Visit the Pula Arena

• Explore the Brijuni Islands

• Meet local wine and olive oil producers

• Explore Hum – the world’s smallest city

• Go truffle hunting

GOURMET EXPERIENCE

2 Restaurants and 2 bars

Chef: Milena Cvek @ Brasserie Adriatic

Dish: Duck breast with young fennel and orange gel

ROOMS

• 14 rooms and 4 suites: all unique, individually decorated with distinctive artwork

CONTACT

Obala

hello@maistra.hr

2.

HOTEL NAVIS OPATIJA

Design Hotel Navis is an exclusive 5-star hotel, located in an extremely attractive location in Opatija; 1.5 km from the city center and only a few meters from the sea.

The hotel has a unique, modern and original architecture and design, designed by one of the most famous Croatian architects and offers 44 accommodation units: 40 Superior rooms and 4 Superior Suites.

Each room and suite has a balcony and a beautiful view of the Preluk bay and the nearest Kvarner islands. An equally impressive view is attainable from the terrace of the restaurant and from the SPA Navis sunbathing area, where our valued guests can further relax and unwind with numerous revitalizing massages and treatments.

From the private mooring and beach in front of the hotel, it is possible to rent SUPs (Stand up Paddle Boards), kayaks and related equipment, offering also the possibility of taxi boat transportation, liner and excursion boat tours, and boat and yacht rentals.

DAVOR KAPETANOVIĆ, HOTEL MANAGER

“We are so proud on what we have achieved in these last 8 years. Through our individual aproach to every person, our respected guests have recognized Design hotel Navis as one of the most beautiful and one of the best hotels on the Adriatic shores, with specific location and extraodinary view."

LEISURE EXPERIENCE

• Top prestigious gourmet restaurant Navis with Michelin guide recommendation

• SPA Navis (outdoor heated pool, sun deck, Finnish sauna, Turkish steam bath, relaxing zone), private beach and mooring

• Stand up paddle Board (SUP), kayak and accompanying equipment rent

• A taxi boat transport, line and excursion boat trips, boat and yacht rental

• Dog friendly hotel

NOT TO BE MISSED IN 2024

• An impressive, multipurpose hall on the roof of the hotel with breathtaking view

• 270 m2 able to accommodate a maximum of 150 people

• Possibility to separate the hall into two smaller, separate units of 170 m2 and 100 m2

• Cigar and lounge bar

• Fitness room and gym

ROOMS AND SUITES

• 44 rooms in total

• 4 Superior Suites and 40 Superior Rooms

• All with balcony and stunning sea view

• 4 Superior Interconnected Rooms

LOCATION

An exclusive 5* hotel, located in an attractive location

1,5 km away from city center 15 km away from Rijeka center 48 km away from the nearest Krk airport

CONTACT

Ivana Matetića Ronjgova 10, 51410, Opatija +385 51 444 600 hotel@hotel-navis.hr hotel-navis.hr

GOURMET EXPERIENCE

Chef: Tino Sinožić

Dish: Kvarner shrimp tartare and Kvarner shrimp carpaccio

HERITAGE HOTEL LIFE PALACE ŠIBENIK

A HISTORICAL LUXURY PALACE WITH EXCLUSIVE INTERIOR DESIGN

Heritage Hotel Life Palace is a 4-star city hotel situated in the heart of the historic Mediterranean city of Šibenik in central Dalmatia. The elements of the 15th-century Marenci Palace are perfectly integrated into the exclusive interior of this city hotel, which pays homage to the famous city of which it is a part. The charming town square and a lovely terrace are a great scenery for outdoor gastronomic delicacies. Heritage Hotel Life Palace is an ideal starting point for exploring the city and its surroundings. A central location and unique design make this hotel an oasis of luxury for a weekend getaway from everyday worries and stress, but also an excellent choice for your business stay.

NIKOLA RAČETA, HOTEL MANAGER

“Travel is the only thing you buy that makes you richer. We dedicate ourselves to each guest, and this is how we play this role in making the guest richer. From the first contact and during their stay in our hotel, our team tends to make their experience smooth and joyful. To find a place in the competitive hospitality world, small brands like ours tend to find their place in customer's minds by letting them know each guest counts. Our mission is to exceed customer expectations by providing a highquality service with an individual approach.“

ROOMS & SUITES

• 15 elegant rooms

• 1 executive suite with balcony

• 1 presidential suite on the top floor

WELLNESS EXPERIENCE

• Wellness oasis on the rooftop

• Finish sauna, jacuzzi, two loungers

• Massage & beauty treatments

GOURMET EXPERIENCE

• Café with selected desserts, cakes and pastries

• Charming hotel terrace

• Outdoor gourmet events

TO VISIT

• Cathedral of St. Jakov

• Museum of the City of Šibenik

• Monastery of St. Lovro

• Fortress of St. Mihovil

• National Park Krka (20 min by car)

• Boat trip to the Kornati National Park

LOCATION

• Split Airport (60km)

• Zadar Airport (77km)

CONTACT

A Ulica kralja Tomislava 12, HR22000 Šibenik

T +385 22 219 005

E info@hotel-lifepalace.hr

W www.hotel-lifepalace.hr

GOURMET EXPERIENCE

Outdoor gourmet events / Chef Luka (Dragan Lukić, executive chef)

Capesante al forno: St. Jacob scallop with gold

Chef's langoustine: langoustine with tropical fruits & basil

2.

KAZBEK BOUTIQUE HOTEL

LAID-BACK LUXURY IN DUBROVNIK'S HISTORICAL SUMMER RESIDENCE

Dubrovnik is a popular tourist destination known for its UNESCO protected old town. However, during the Republic era, the city's nobility preferred spending their leisure time outside the walls in elegant summer residences. Nowadays, these villas still stand and offer a glimpse into a more refined and leisurely lifestyle.

One such villa is Hotel Kazbek, situated on the Lapad peninsula's coast in the safe and sheltered port of Gruž. The hotel offers a luxurious and relaxed experience, with a swimming pool and the Adriatic Sea just a few meters away. The restaurant was once a medieval shipbuilding site and now serves excellent food and regional wines. Despite being close to one of the world's largest tourist destinations, Boutique Hotel Kazbek provides a peaceful and intimate atmosphere, allowing visitors to explore Dubrovnik's slower and more private side. It's a perfect place to experience laid-back luxury in Dubrovnik's historical summer residence.

PAVE MILOGLAV, HOTEL MANAGER:

“The true boutique experience embraces unique design, intimate laid-back atmosphere, personal approach and in our case additionally historical background. But what is most important about boutique is that you make your guests say that staying with you feels like a visit to a good friend. And that they keep returning…"

LEISURE EXPERIENCE

• Outdoor pool with jacuzzi and bar

• Sauna

• Balcony terrace overlooking Marina and Gruz bay

• Cafe salon

• Courtyard terrace

• Motor boat for private tours

NOT TO BE MISSED

• UNESCO protected Old Town Dubrovnik

• Island hopping

• Gastro experience with wine and oyster tasting

• Dubrovnik countryside with eco farms visits and cooking classes

EXCLUSIVE RENTAL:

• Intimate weddings

• Family or friend reunions

• Board meetings

• Small incentive groups

GOURMET EXPERIENCE

Chef: Almir Sarić

Dish: Tuna steak with black sesame crust, zucchini purée, quail egg, tempura anchovies, roasted vegetables

ROOMS AND SUITES

• 11 superior rooms and 1 Deluxe

• 1 Suite

LOCATION

Dubrovnik airport (22 km)

Split airport (245 km)

Tivat airport (MNE, 89 km)

CONTACT

A: Lapadska obala 25, 20 000

Dubrovnik, Croatia

T: +385 20 362 900

Email: info@kazbek.hr

W: kazbekdubrovnik.com

HOTEL SAN ROCCO ŠIBENIK

EXPERIENCE THE CHARM OF CENTURION FAMILY HERITAGE

Istria has been a special part of the Adriatic since the old times. The unique, tranquil beauty of the countryside and the fertility of the land have made it possible for the peninsula’s inhabitants to thrive independently of the sea. And that is why small, secluded, picturesque places and estates exist, not far from the coast, but nestled among the richer, greener beauty hidden in Istria’s inland. Brtonigla is an idyllic example of a small, historic, Istrian town, and the San Rocco Hotel is an idyllic example of a picturesque, peaceful, beautiful Istrian estate. San Rocco is a family estate and has been run by the Fernetich family for over 160 years. The olive grove surrounding the hotel has thrived for over a century and was planted by the Fernetichs’ greatgrandfa- ther.

LUANA FERNETICH LADAVAC, HOTEL MANAGER

“Me and my Family belived in the restructuration of the old Family estate while opening this charming hotel , because of love for this area and for what we belive to be magical places, because of our unlimited confidance in its future and the evaluation of area ‘ heritage . It is our desire to revive our guests the true values of this charming place and its rich history”

FOOD EXPERIENCE

• Restaurant San Rocco is member of JRE association

• Michelin recommended

• Focus on zero waste

• Food from local farmers and our garden

• Producer of Extra Vergin Olive Oil San Rocco

• Guided tasting of olive oil for the guests

LEISURE EXPERIENCE

• Indoor pool, outdoor pool, sauna, relax zone

• Olive Oil massages

• 10000 m2 garden surrounded by olive trees

• 15 bikes

• E-bikes

• Truffles hunting

• Wine tasting and visits of Winery

MEETINGS & EVENTS

• Meeting room up to 15 pax

• Small event for up to 40 pax

ROOMS AND SUITES

• 11 rooms, 2 suites

LOCATION

Trieste Airport (92 min)

Pula Airport (57 min)

Venice Airport (2 hours)

CONTACT

A: Heritage Hotel San Rocco

T: +385 52 725 000

www.san-rocco.hr

info@san-rocco.hr

GM: Luana Fernetich Ladavac

GOURMET EXPERIENCE

Chef: Floriana Ružić

Dish: Squids, black “orzotto”, mayonnaise of lime and olive oil

THE ORNAMENT OF ZADAR

The tiny town of Zadar, sheltered behind its city walls, at the edge of the Adriatic, exercises its many charms: tiny cobbled roads, ancient ruins and treasures from the Renaissance await the visitor. Hotel Bastion was built in this historic centre, at the tip of the peninsula, on the remains of a former 13th century Venetian mediaeval fortress. The town’s main monuments are very close by, including the sea organs. This charming hotel offers elegant rooms, a cosy bar, a spa which has retained some of the original fortress walls, and restaurant with delicious Mediterranean cuisine that can also be served on the terrace, in the shade of large parasols.

MLADENKA ŠTURA, HOTEL MANAGER:

LOCATION

• Hotel: located in the old, historical city center

• Airports: Zračna luka Zadar (Intl) 12 km

• Roman Forum & St. Donat Church

• Sea Organ

• Greeting to the Sun

• Museum of ancient glass

“

Touchable history, unique gourmet and spa experience is what this hotel is all about. Built on the remains of the 13th century Venetian fortress, part of UNESCO world heritage, Hotel Bastion is a perfect place to discover ancient city of Zadar, a city with rich and lively past, surrounded by 5 national parks. Specially designed to combine tradition and modern times, it is full of unique emotion, with warm hearted people who provide a sence of family home."

GOURMET EXPERIENCE

Chef: Marijo Čepek

Dish: "Brodet deconstruction" with hama fish, octopus, mussels & prawns, spicy polenta and brodeto sauce

• Ferry Port: Gaženica 3 km

• Main bus station: 2 km

ROOMS & SUITES

• 19 Rooms

• 4 Junior Suites

• 4 Suites

NOT TO BE MISSED

• Old city center

• Museum of 2 palaces

• Green & Fish market

CONTACT

Bedemi zadarskih pobuna 13 23000, Zadar, Croatia

Tel.: +385 23494950

prodaja@hotel-bastion.hr

www.hotel-bastion.hr

The sunniest city in the Boka Kotorska bay will inspire you to visit it time and time again. In Tivat you can not only discover our elegant marinas and waterfront hotels, but also escape the hustle and bustle of modern life and find peace and quiet on one of our hidden beaches. Our beautiful restaurants offer specialties from all over the world, while maintaining the originality of our traditional Mediterranean cuisine.

Tivat is the best example of how a charming coastal town can develop or transform itself into a popular tourist destination in a

short but healthy time. In doing so, it has preserved its traditions, the charming lifestyle of Mediterranean coastal life and customs, and has retained its typically warm hospitality and rich gastronomy. These original values and the rich historical and maritime heritage form the emotional landmark of the bay. Sustainability is a central and important component of the Tivat brand: the aim is to continue to break new ground for sustainable development in the future, so that added value is generated in all areas of tourism without jeopardising the development of Tivat as a living

space for locals, but also as an attractive tourist destination. All the characteristics of an authentic Mediterranean town are to be retained by Tivat, offering its guests unique and diverse experiences with a modern, sustainable lifestyle –based on our rich historical, natural and cultural heritage. Quality is always in focus.

Tivat is the first destination in Montenegro to start working towards the international Green Destinations award in 2020, winning the Green Destinations Bronze Award.

Luštica Bay WHERE LIFE IS LIVED

A new town on the Adriatic, Luštica Bay is welcoming visitors and residents to Montenegro with an irresistible combination of natural beauty and a distinctly sophisticated atmosphere. Beside the crystal sea are five glorious beaches, sea lounges, a picture-perfect marina and lighthouse, and a distinctive waterfront promenade featuring restaurants, bars and boutiques. Up the hillside is Centrale, a new town hub, with lively squares, impressive sports facilities and dynamic streets fringed with alfresco dining and shops.

The crowning achievement – The Peaks, a refined hilltop community with magnificent apartments, townhouses and villas boasting out-of-this-world views over the sea is coming soon. With summer just around the corner, this sought-after destination is turning heads, as savvy travellers – and investors – discover the hidden benefits that make Luštica Bay look even better in the brilliant sunshine.

THE PEAKS: LIFE. ELEVATED

This boutique hilltop neighbourhood launches in early summer, with architecturally stunning homes occupying an eminent position on the landscape, next to the only golf course on the Adriatic, planned for the future.

The elevated location will offer views over the golf course, the town and the Adriatic Sea. Carefully carved into the rugged topography of the hill, with minimal environmental impact, The Peaks is a new community with an old soul. The ethos is traditional, but the aesthetic is utterly contemporary.

Local architectural firm NRA Atelier and world-renowned architects Block722 are creating meticulously designed homes, with a site-specific approach that reflects the epic views and stunning landscape, with touches that pay homage to traditional local fishing villages. They are using sustainable architectural principles and natural materials such as stone and wood, to create secluded, private havens within a sophisticated neighbourhood.

The first collection will encompass spectacular villas, plus three-bedroom townhouses with private pools, and one to three bedroom apartments. The architects have taken a thoughtful approach to quality of life, creating refined indoor and outdoor spaces for living, relaxing and entertaining.

The company representative states: “The Peaks is the epitome of elegant modern living, designed to bring in the light, with large floorto-ceiling French windows that connect spacious indoor and outdoor living areas. At every turn, you encounter sensational views and magnificently rich landscaping, that highlights indigenous herbs, plants and flowers. We are excited to launch this unmatched off plan investment opportunity in early summer.”

CENTRALE PIAZZA –A NEW PLACE TO DISCOVER

Speaking of summer, the season’s new place to unwind will be the atmospheric Centrale Piazza at Luštica Bay, with inviting eateries, bars, shops and a boutique hotel planned. Centrale, Luštica Bay’s new town center on the hillside, is thoughtfully designed as a thriving year-round destination for life, work and play, and a central focal point for all the Luštica Bay districts.

This neighbourhood features attractive outdoor spaces inspired by historic Mediterranean squares, where families and friends can gather for conversation and culture. Centrale also has inviting homes that are proving very popular, thanks to the lively town energy, as well as playgrounds and lush green parks.

The Piazza is welcoming several new concept stores, including Luštica Beauty Bar, a haven for intensive pampering and innovative skin treatments, with a beauty shop where you will find your favourite cosmetic brands plus stylish beachwear. A fashion store by famous Spanish designer Manuel Fernandez brings international glamour – plus an ethical and sustainable philosophy. Browse in the contemporary Art Gallery, where you can pick up attractive artwork to decorate your home. Afterwards, relax in the glamorous tearoom, Mariage Frères, which also features a showcase of stylish jewellery pieces.

Head to the POPOV Premium Pub for a polished take on the urban pub experience, with a wide selection of tasty comfort food, and drinks with a wide selection of beers and the nation's favorite, rakija. Speaking of local favourites, Luča, an enticing national restaurant offers a modern twist on tempting traditional Montenegrin dishes, all created with lo-

cally sourced ingredients.

The area is really coming to life, with a new coffee shop Caffein, for coffee lovers, with a fragrant selection of coffee blends from around the world. Finally, service outlets will include a dry cleaner, as well as a car hire facility for trips to the nearby Boka Bay or an adventure into the gorgeous Montenegrin mountains. Keep an eye out for more exciting retailers joining the Piazza over the spring and summer months.

THE ULTIMATE COAST –FOR A GETAWAY (OR FOR GOOD)

Families love the coastal lifestyle, with five beaches, neighborhood pools, kayaking and more. Walking or hiking around the Luštica Peninsula opens up sensational vistas in every direction, from the stunning blue sea to a painterly landscape of romantic olive groves framed by traditional stone walls.

These days, it’s easier than ever to work remotely… while soaking up the fresh air and sea views. Couples young, older and in-between are escaping for dynamic adventures in sunny climes, and a more holistic work-life balance with a better quality of life.

It’s no wonder that more than 400 families from 40 countries have decided to find their place in the sun here at Luštica Bay. The strategic investment opportunity is supported by the benefits for individuals and families and for the town itself – thanks to its visionary overview. This is integrated and thriving community, designed for a healthy community lifestyle – and in harmony with the natural environment.

A holiday here lets you test the waters… and many people decide to dive in for good. Life really is better here on the Adriatic coast at Luštica Bay.

Corporate & Sales Office

85323 Radovici, Tivat, Montenegro

E: info@lusticabay.com

T: +382 77 200 100

W: lusticabay.com

These days, it’s easier than ever to work remotely… while soaking up the fresh air and sea views.

A synonym spot for encounters and togetherness, is an ideal fusion of upscale dining and a breezy beach ambiance, captivating guests all year round with its alluring offerings.

An ideal mixture of domestic and international wines and extraordinary culinary creations found on Bocasa’s menu offer a variety of choice in terms of content, while its perfect positioning on the waterside provide a dazzling moment to revel in breathtaking views of Kotor bay

Inspired by Mangata, the timeless beauty of the moon’s reflection on the water, the hotel represents a constant interplay between light and dark, relaxation and active mode, summer and winter, the mountains and the sea.

Located on Budva’s main promenade, just a short walk from the charming Old Town, this 24-room boutique hotel offers a stunning restaurant on the rooftop, a restaurant on the main promenade, private wine & cigar room, a spa with relaxation area, massage rooms, and a gym Hotel rooms are conceptualized to offer a sense of modern sanctuary, with mesmerizing views of the Adriatic sea.

WHERE YOU ARE CARED FOR

DISCOVER VICTOR

JUST SO WE’RE CLEAR

We’re the only private aviation company that’s always been transparent:

You know the operator you’re going to be flying with, at the point of quotation.

You know every detail of each aircraft including fuel burn, fuel efficiency and total carbon emissions.

You know our commitment to climate action – offering the choice of Neste MY Sustainable Aviation Fuel™ for every booking worldwide.

You know we publish our independently audited total flight emissions and carbon offset investment.

More transparency, more peace of mind.

A better way to fly.

Total SAF purchased = 97,324 KG

Total CO2 Reduction = 278 Tonnes

Total customer spend on SAF: £196,450

1 in 5 customers purchase SAF for their bookings

Average SAF purchased is 31% of total fuel burn

NOTHING IS LIKE YOUR Sanlorenzo YACHT.

NOT EVEN ANOTHER SANLORENZO.

The Perfect Yacht for Discerning Travelers: Find Your Dream Sanlorenzo yacht in Your Region.

Elevate Your Yachting Experience: Step Aboard Sanlorenzo's Premium Yachts.

ABOUT SANLORENZO

Sanlorenzo has several key strengths that make it a highly desirable brand in the yachting industry:

• Exceptional build quality: Sanlorenzo yachts are built to the highest standards of quality, using the finest materials and craftsmanship. The attention to detail and precision engineering ensures that every yacht is of the highest possible quality.

• Customization: Sanlorenzo offers a highly personalized and bespoke experience for each client. The company works closely with its clients to understand their needs and preferences, and then designs and builds a yacht that is perfectly tailored to their requirements.

• Innovation: Sanlorenzo is known for its innovative and cuttingedge design. The company works with some of the world's lead-

ing yacht designers to create yachts that are both beautiful and functional. Sanlorenzo yachts offer a perfect blend of form and function, providing the ultimate yachting experience.

• Sustainability: Sanlorenzo is committed to sustainability and environmental responsibility. The company uses eco-friendly materials wherever possible, and its yachts are designed with sustainability in mind. Sanlorenzo believes that the future of yachting lies in responsible and sustainable practices, and is dedicated to leading the way in this area.

• Reputation: Sanlorenzo has a long-standing reputation as one of the most respected and prestigious yacht builders in the industry. The company's commitment to quality, innovation, and sustainability has earned it a loyal following of discerning yachting enthusiasts.

Overall, Sanlorenzo's exceptional build quality, customization, innovation, sustainability, and reputation make it a highly desirable brand in the yachting industry. By highlighting these strengths to potential customers, you can help to position Sanlorenzo as the ultimate choice for discerning yachting enthusiasts.

Sanlorenzo SD90

FRANZ SCHILLINGER, CEO OF SANLORENZO ADRIA AND MASTER YACHTING

Q:Canyou tell us about your company's history in the nautical sector?

Franz Schillinger: Sanlorenzo Adria's parent company, Master Yachting, was founded in 1978 and celebrates its 45th anniversary this year. I personally have always been passionate about yachting and the sea, but was involved in other businesses before I joined Master Yachting in 2009 as a consultant and bought the company together with a partner in 2011.

We took on distribution of Lagoon catamarans and Beneteau sailing as well as motor yachts and have grown and expanded our operations to become one of the leading companies in the yachting industry.

From 2015 to 2018, Master Yachting sales increased year after year allowing us to be by far the best Lagoon dealership in all of Europe and in 2019 to be even the best in the world. Our secret to success, in addition to hard work, is to convey the meaning and added value of Yacht Charter Investment to customers, and thus considerably enlarging the target group of potential yacht owners. “We show how the dream of owning a yacht can be realized.”

In 2016, Master Yachting opened the subsidiary in Munich, serving the German market from Munich to Dusseldorf. We also have a sales office in Zurich. In 2019, Sanlorenzo Yachts was added to the product range, doubling the volume of the previous core business with sailing and motor yachts from Beneteau, catamarans from Lagoon and exclusive day cruisers from Frauscher.

What was the reason to represent Sanlorenzo in South Central Europe?

BRAND REPRESENTATIVES

Vienna office

Diesterweggasse 16/5

1140 Vienna Austria tel. +49 89 7467 4977

At Master Yachting we represent Beneteau sailing yachts, Lagoon catamarans and Frauscher boats, all three brands are world market leaders in their respective segments. We didn't just choose to represent Sanlorenzo because it is the world's largest single brand builder of yachts over 24 meters. We also chose Sanlorenzo because of the brand's reputation for exceptional quality, innovation and attention to detail. We are proud to represent Sanlorenzo in the Adriatic region and we believe our customers will appreciate the exceptional craftsmanship and attention to detail that Sanlorenzo is known for.

Zagreb Office

Rebar 14

10000 Zagreb Croatia

tel. +385 99 357 1727

Dalmatia office

Marina Dalmacija

23206 Sukošan Croatia

tel. +385 99 357 1727

Istria office

ACI Marina

52210 Rovinj Croatia tel. +385 99 357 1727

What are your plans for the future of your company?

Our plans for the future are focused on continuing to expand our operations and offer our clients the best possible yachting experience. We are always looking for new and innovative ways to serve our clients, whether it's through offering new yacht designs, cutting-edge technology, or personalized services. We also plan to continue our commitment to represent brands like Sanlorenzo that have sustainability and environmental responsibility, by investing in eco-friendly yacht designs and reducing our carbon footprint wherever possible. Ultimately, our goal is to remain at the forefront of the yachting industry and provide our clients with an unparalleled level of service and expertise.

info@sanlorenzoadria.com

www.sanlorenzoadria.com

SANJA BOZOVIĆ, SALES MANAGER FOR SERBIA AND MONTENEGRO

Q:Can you tell us more about Sanlorenzo Adria and where the company has offices?

Additionally, does Sanlorenzo Adria participate in any major yacht shows or events in the region?

Sanja Bozović: Sanlorenzo Adria is the official distributor for Sanlorenzo yachts in South Central Europe, including Slovenia, Croatia, Serbia, Bosnia & Herzegovina, North Macedonia, Montenegro, Albania as well as Czech Republic, Slovakia and Hungary.

Sanlorenzo Adria’s parent company Master Yachting has its headquarters in Vienna and offices in Munich, Düsseldorf as well as Zurich. Sanlorenzo Adria has its headquarters in Zagreb and sales offices in Prague and Budapest as well as on the Adriatic Coast in Marina Dalmacija Sukošan and ACI Marina Rovinj. The Sanlorenzo Adria Sales Director, Cornelius Kistler is located in Basel, Switzerland. So, we cover a huge area.

We are planning very soon to open an office in Montenegro, maybe even in Belgrade. In the meantime, as sales manager for Serbia and Montenegro, I look forward to arranging face-to-face meetings in the region.

Sanlorenzo Adria also participates at boat shows such as Palma International Boat Show, Salone Nautico Venezia, Cannes Yachting Festival, Monaco Yacht Show, Biograd Boat Show and Boot Düsseldorf. These shows are a great opportunity for us to showcase our latest designs and connect with potential clients who share our passion for yachting. We encourage anyone who is interested in learning more about Sanlorenzo Yachts to come and visit us at one of these shows. We will soon organize another event in Belgrade and in Istria, so follow us to get updated.

Why Sanlorenzo? What makes your brand stand out among other yacht brands?

Sanlorenzo is a brand that has been around for over 60 years and has earned a reputation for producing high-quality, luxurious yachts. Our focus on custom design and attention to detail sets us apart from other yacht brands. We work closely with our clients to create unique and personalized yachts that meet their individual needs and desires.

Montenegro office

Porto Montenegro

85330 Tivat Montenegro

tel. +382 67 20 1655

Sanlorenzo Yachts are known for being the most expensive. What justifies their price?

The price of our yachts reflects the high level of craftsmanship and attention to detail that goes into every aspect of their design and construction. Sanlorenzo yachts are built to the highest standards using only the finest materials and components, which means they are not only luxurious, but also reliable and safe. Our clients understand that investing in a Sanlorenzo yacht means they are getting the very best in terms of quality and value. For those interested, we can organize the visit of the production lines in 3 different shipyards in Italy. Not to forget to mention, depreciation of Sanlorenzo yachts is lower than other brands.

What sets Sanlorenzo Yachts apart from other yacht brands?

There are several key reasons why we believe Sanlorenzo yachts offer a superior experience. Firstly, Sanlorenzo yachts are known for their exceptional build quality and attention to detail. Teams of skilled craftsmen and engineers work tirelessly to ensure that every yacht produced is of the highest possible quality. This attention to detail extends to every aspect of the yacht, from the materials used to the design of the interiors.

Secondly, Sanlorenzo yachts are known for their innovative and cutting-edge design. They work with some of the world's leading yacht designers to create yachts that are both beautiful and functional. Sanlorenzo Yachts offer a perfect blend of form and function, providing the ultimate yachting experience. One of the Sanlorenzo yacht designers, actually also the art director of Sanlorenzo, is Piero Lissoni, you might recognize his work if you visit the Grand Park Hotel in Rovinj.

Finally, Sanlorenzo offers a personalized and bespoke experience for each client. We work closely with our clients to understand their needs and preferences, and then design and build a yacht that is perfectly tailored to their requirements. This level of customization and personalization is unmatched in the industry and is a key reason why Sanlorenzo is the best choice for discerning yachting enthusiasts.

As a woman in the yachting business and sales, can you speak to your experience in this field?

Absolutely. While the yachting industry is still largely male-dominated, I have found that there are many opportunities for women who are passionate about yachting and have a strong business sense. In my experience, clients appreciate working with someone who has a deep understanding of the yachting industry and can help guide them through the process of selecting and purchasing a yacht. I believe that being a woman in this field has given me a unique perspective and has allowed me to connect with clients in a meaningful way.

Sanlorenzo is a highly esteemed brand in the luxury yacht industry, with a reputation for excellence and innovation. What sets this brand apart from others in the market?"

Sanlorenzo yachts are renowned for their elegant design, advanced engineering and luxurious amenities, making them the top choice for clients who value both performance and style. Additionally, Sanlorenzo's commitment to customization means that each yacht is unique and tailored to the specific wants and needs of the owner. Nothing is like your Sanlorenzo yacht. Not even another Sanlorenzo.

sanja@sanlorenzoadria.com

www.sanlorenzoadria.com

TIMELESS ELEGANCE

A wonderful blend of classic and contemporary in a 5* luxury resort, set in an ancient park in the centre of the seaside destination of Portorož, Slovenia.

Kempinski Palace Portorož – your bespoke, timelessly elegant, palatial experience on the shores of the Adriatic Sea.

Quintessentially is the world’s leading luxury lifestyle group. The beginnings date back to 2000, when a small London office offered concierge services, and since then the company has grown into a global group with offices in 40 cities around the world. The services we offer to high-net worth individualsare proactive and satisfy even the most refined tastes, including last-minute restaurant reservations, travel arrangements, access to private parties, chartering a private jet, advice on the purchase of art, assistance in sourcing luxury and rare products and wines, simply fulfilling our members’ most unusual wishes. Quintessentially Lifestyle can offer access to the inaccessible and turn make the seemingly impossible a reality

Speak to our Membership team today on:

membershipad@quintessentially.com or +385 1 7776164 quintessentially.com

Nestled in the heart of Central Europe, Slovenia is a small country known for its stunning natural beauty, rich history, and diverse culinary scene. From the charming streets of Ljubljana to the scenic shores of Lake Bled, Slovenia offers a wealth of attractions for travelers seeking a unique and unforgettable experience.

One of the highlights of any trip to Slovenia is the chance to sample its world-class cuisine. Whether you're a fan of traditional Slovenian fare or international cuisine, you'll find plenty of top-notch restaurants and cafes to choose from. From Michelin-starred eateries to cozy bistros, Slovenia's culinary scene has something for every taste and budget.

And when it comes to accommodations, Slovenia boasts some of the finest hotels in the region. Whether you're looking for a luxury resort with all the amenities or a cozy boutique hotel with a personal touch, Slovenia has plenty of options to choose from. From the stunning coastal town of Piran to the picturesque mountain town of Bled, there's no shortage of must-visit hotels and resorts in Slovenia.

BEST PLACES EVERYONE SHOULD EXPERIENCE WHILE IN SLOVENIA BY QUINTESSENTIALLY AND THE COLLECTION MAGAZINE

Hidden Gems Slovenia

Dvorec Zemono

Michelin-starred Pri Lojzetu restaurant, situated in the Zemono mansion from 17th century, Vipavska valley, run by the chef Tomaž Kavčič, the fourth generation of the restaurant-owning family.

The gastronomic offer at Gostilna pri Lojzetu is now being designed by the fourth generation. Chef Tomaž Kavčič is Chaîne des Rôtisseurs and Le Soste, in addition to being a member of the international gastronomic association. He is also the first and long-time president of the Slovenian section of the Jeunes Restaurateurs d'Europe and the winner of the European JRE Award for Innovation 2017/2018. Even though he never studied abroad, he acquired a great deal of knowledge in cooperation with the famous masters of his profession. For a short amount of time he was seduced by the trendy molecular cuisine, but he quickly returned to author's cuisine, innovations, and – tradition.

+386 5 368 70 07 *** zemono.si *** zemono@zemono.si

POCEHOVA 35, MARIBOR

Chateau Ramšak

For lovers of nature, luxury, and wine, we present a boutique & chic glamping resort surrounded by green nature and nothing is left to be desired when it comes to comfort. Thoughtfully designed tents with all comfort as a luxury hotel room with a private hot tub will leave you speechless. A Dreamy tree house with a wonderful view over the vineyards is a dream come true for every child and adults. Relax in a cocktail bar at our Glamp island by the fireplace and taste quality homemade wines of the Estate with a local snacks and dinner. True indulgence in a green glamping paradise.

+386 40 628 303 *** chateauramsak.com *** reservations@chatearamsak.com

5271 VIPAVA

GORENJSKA CESTA 59, RIBNICA

BioSing

Tasting cured meats in the land of woodware – since 1492 Caviar among meats

A BioSing tasting is a gourmet show for meat lovers, enhanced with a selection of the best Slovenian wines. The premium selection of our products has been concocted and crafted with authentic foodies in mind. Our strength lies in sticking with the tradition in making cured meats, but we upgraded the whole with the latest findings. A pristine experience, giving you the whole pizzazz of venison salamis (bear, red deer), stronger than anything you have ever had the chance of tasting.

+386 51 235 586 *** biosing.si *** info@biosing.si

KOMEN 85

Špacapanova Hiša

Located in the heart of Slovenian Karst, just a stone's throw away from the sea, Špacapanova hiša offers traditional dishes with a touch of modernity, woven into gourmet seasonal menus made from only the finest local ingredients. Our offer also includes a rich wine cellar, homemade cured meats, cheeses, and vinegars. We have also created charming new rooms on the attic floor of the house, built in a traditional style with all modern comforts. The price for a night with breakfast starts from €60.00, tasting menu from €70.00, and wine pairing from €40.00 onwards.

+386 (0)30 226 390 *** www.spacapan.si/en/ *** info@spacapan.si

VRŠIŠKA CESTA 45, KRANJSKA GORA

Boutique Hotel Milka

Milka is a unique boutique experience in the heart of the Julian Alps. This pristine Alpine backdrop was an opportunity for the team of enthusiastic young professionals to take on the challenge of creating and sharing the finest encounter with Slovene cuisine & culture.

Our collective experiences have been harnessed around the world and are expressed through our unique take on design, gastronomy and service. We are eagerly waiting to share our story with you.

+386 59 779 595 *** hotelmilka.si *** hello@hotelmilka.si

LEŠNICA 8, OTOCEC

Colnar winery

Colnar winery and our wines, recognized Slovenian wines from Dolenjska region. Colnar winery has along family tradition of winemaking. We cultivate approximately 16 hectares of vineyards. We use integrated production techniques and biodynamic cultivation practices.

To preserve the fulnes and fruitines, which are a distinguishing feature of our wines, al fermentations are prolonged for a minimum of one month. Our wines have gotten several gold, silver and bronze medals at Decanter wine Awards.

+386 31 288 724 *** colnar.si *** info@colnar.si

Hidden Gems Slovenia

RATEŽ 48, BRUSNICE

Gostilna Vovko

Gostilna Vovko is an inn with 45 years of tradition run by family Vovko.

Traditional Slovenian cuisine with comtemporary touch. Wine list is offering about 250 wine labels. In 2020 and 2021, the world-renowned Michelin guide recommended Gostilna Vovko in its Slovenian edition and awarded it the “Michelin Plate” (fresh ingredients, a carefully prepared and good meal).

+386 7 30 85 603 *** gostilna-vovko.si *** info@gostilna-vovko.si

Pikol Lake Village

A large, romantic chalet built of pale timber, picturesquely reflected in a lake dotted with water lilies. A handful of log cabins strung along the water's edge, against the backdrop of an enchanted forest. A short distance from the Italian border, south of the town of Nova Gorica, this place is bound to make visitors feel rejuvenated: welcome to Pikol Lake Village, the domain of the Gašparin family. Tadej Gašparin is in charge of cooking, the art of which his parents taught him over the course of the years. His ambition is to perpetuate the precious family know-how, while giving it a little dusting off. "I'm still happy to prepare our famous sea bass carpaccio, a recipe invented by my father. It is a signature dish that the regulars refuse to let go from the menu."

+386 53 33 45 23 *** www.pikol.si *** info@pikol.si

NOVA GORICA, VIPAVSKA DOLINA

Hotel Gredič

Hotel Gredič, located in a renovated 16th-century castle in Ceglo, the centre of the Goriška Hills wine-growing area, and only 250 metres from the Italian border. A boutique hotel combining rich history and modern influences empowered by its young team. This hidden treasure of Goriška Brda is characterised by the highest levels of service and its spectacular location, where you will find relaxation and privacy in a unique setting. Individually decorated rooms feature a pleasant combination of natural materials, tradition and elegance, including the latest audio-video systems and wonderful views of picturesque landscapes, which create an inviting ambience for comfort and relaxation. Take your time and try the bubbles of the Slovenian wine rebula, which has been matured in the most beautiful cellar of the Hills, served in spectacular thin-stemmed flutes, while you lounge in the ambience of padded pastel blue coulored chairs and beuatifully set traditonally tables.

+386 (0)5 828 0120 *** www.gredic.si *** info@gredic.si

Argentino Restaurant

Argentino Lounge was born from the desire to expand the offer to the widest possible range of delicacies from Argentina.

Top chefs will prepare dishes for you according to traditional Argentine recipes on typical grills specially brought from Argentina, in which the hard tropical Argentine wood of the algarrobo and quebracho blanco trees smolders, giving the dishes a very special, unique flavor.

+386 1 523-36-30 *** www.argentino.si *** info@argentino.si

CEGLO 9, DOBROVO V BRDIH

ŠMARTINSKA CESTA 1521000 LJUBLJANA

Our Story

Jo Malone London is a British fragrance and lifestyle house synonymous with simple, elegant colognes, candles, bath and body products and room scents created to celebrate the spirit of generosity and giving.

From a Grade II-listed Georgian townhouse in London’s Marylebone, the Creative Studio shapes the story behind each scent. Each new fragrance is then developed in partnership with one of the most distinguished master perfumers, using the highest quality ingredients.

Scents synonymous with Britain: bluebells, King William pears, oak trees, lavender, infuse our products and light up our imaginations. Everything we do is shot through with a distinctive British wit, creative flair and sense of charm and elegance. Since the launch of pioneering Lime Basil & Mandarin, Jo Malone London has remained at the forefront of perfumery with its use of unexpected ingredients.

Our philosophy of Scent Pairing allows you to pair and personalise fragrances to express yourself and leave a lasting impression. Each fragrance is designed to be worn alone or layered with another, to tailor the scent.

Whether it’s a token of affection or the grandest of gestures, every gift is presented in our iconic cream or black box, with multiple packaging personalisation services and products available.

About Jo Malone London: since 1994 Jo Malone London has created a palette of exquisitely simple, elegant scents and curated a world where every sense is indulged. Acquired by The Estée Lauder Companies Inc. in 1999, today the brand is internationally known for its unexpected fragrances and distinctly British character.

PORTO MONTENEGRO ANNOUNCES FURTHER EXPANSION TO THEIR WORLD CLASS RETAIL & COMMERCIAL OFFERINGS WITH NEW INTERNATIONAL BRAND OPENINGS THROUGHOUT 2023

Continually Expanding Their Vibrant Village Shopping & Leisure Experience

Porto Montenegro encompasses world class retail and office permises,combined with public facilities, waterfront promenades, famous hotel Regent, gourmet & fine dining restaurants, cafés & new community members all adding to the village leisure offering.

“We are delighted to have attracted such esteemed international and regional brands to Porto Mon- tenegro. Our international village community continues to embrace the world class shopping and dining options and we are committed to keep building this outstanding offering of varied and exciting experiences with new openings throughout 2023” says Jelena

Sretenovic, Porto Montenegro’s Head

of Retail.

Porto Montenegro’s retail facilities is great mix regional and of international brands and services. Shops are clustered in zones, with exclusive designer fashion boutiques dotted around the beautifully landscaped Strada Navale. There are more than 100 retail premises alongside cafés and restaurants offering Italian, Mediterranean and Asian cuisines, bakeries, banks, supermarket, hair salon and day spa, yacht brokers, marine services and much more.

Focused on offering “a life less ordinary” Porto Montenegro is delighted to announce an array of new international openings in 2023 as it continues to cement itself as a world-leading shopping and leisure experience while continually supporting innovative and pioneering brands to an international stage. Adding to the established brands available at Porto Montenegro such as DIOR, Bvlgari, Dolce & Gabbana, Fendi, Rolex, Pal Zileri, Zimmerman, Montblanc, Rado, Chopard, Cartier, Omega, Damiani, Hublot, Vilebrequin, Paul & Shark, Pinko, Twin set, Boss, Elisabetta Franchi, Emilio Pucci, Heidi Klien. Notwithstanding international endorsements, local businesses supported by Porto Montenegro have also thrived in 2022.

Throughout 2023 Porto Montenegro is delighted to announce the opening of further world class shopping and hospitality venues such as:

• A&A design and interior, opening its doors this summer, as the Adriatic’s Leading Design Studio, offering full-service residential and hospitality interior and exterior design, project management, delivery of furniture and art objects, and beautiful show-room offering high end brands such as: Missoni home, Salda, Poltrona Frau, L’ottocento and many more in the very heart of Porto Montenegro.

• Biologique Recherche salon represents an oasis of peace and relaxation, luxury equipped and designed according to the highest world standards, offering premium French cosmetics and treatments.

• Bliss – a modern furniture & housewares company that offers Complimentary Interior design services for their customers. Bliss interiors is the exclusive distributor of MERIDIANI, 100% made in Italy Collection.

• Deco - a beautifully curated selection of brands that offer unique decorations & limited-edition collection in the world of prestigious residences, yachts and personal accessories.

• Deli Italia – pastry that source some of the most authentic Italian food products from all across Italy, known by their fresh, handmade ravioli, focaccia sandwich, croissant or side dishes, and a range of products that everyone will love.

• Duro – a niche perfumery that presents the most eminent perfume houses: Parfums de Marly, Initio, Puredistance, Marc-Antoine Barrois, Jovoy, Clive Christian, Fueguia 1833, Profumum Roma, Fragrance du Bois, Histoires de Parfums, Ormonde Jayne, Jeroboam, Eight and Bob and many others.

• Fidelio Optic in Strada Navale, the exclusive designer brands in sunglasses, such as Burberry, Emporio Armani, Prada, Versace, Bottega Venetta

• Cafeteria Mikrolot - the most elite format of the Cafeteria made up of the rarest and most expensive coffees. In its original meaning, MicroLot in the world of coffee means beans that come to us from smaller plantations, organic cultivation, and limited production.

• Concept Twenty Two, with an election of carefully hand-picked brands of ready-to-wear fashion for women, accessories, décor, skin and hair products. With brands such as Jimmy Choo, Missoni, Mackage, Alemais, Aje, PatBo, Self portrait, Solace London, Assouline and many others that are currently not available in Montenegro, the store will bring a variety in the Porto Montenegro village and expand the overall offering of its retail experience.

As Porto Montenegro continues its expansion and commitment to opening new retail outlets, the finished Elena Square and new neighbourhood Boka Place, due for competition in 2024, presents the perfect platform for brands seeking enhanced international appeal. All with the intention of ensuring a visit to Porto Montenegro enriches a “life less ordinary”.

CELINE BALENCIAGA LOEWE GUCCI VALENTINO SAINT LAURENT BOTTEGA VENETA ALAIA CHLOE GIVENCHY BURBERRY KHAITE MONCLER CULT GAIA THE ATTICO VITA KIN MAGDA BUTRYM CECILIE BAHNSEN BORSALINO FALIERO SARTI DELFINA DELETTREZ IVI JEWELRY LAUREN RUBINSKI LINDA FARROW LUXE ALEVI MILANO GIANVITO ROSSI

ZAGREB MASARYKOVA 8 014811011 MARIA DUBROVNIK SV. DOMINIKA BB 020321330

Engagement and wedding rings are a memory of a unique moment in life and a symbol of eternal love. In the past, only traditional and classic models of rings were chosen. Still, today there are no rules, and the selection of wedding jewelry is made in a beautiful way that combines modern elements with tradition. Rings that represent great symbolism for you are worn every day, so their design must exude your personality and aesthetic expression. When choosing, you can be creative and daring and combine different colors of gold, play with selecting the shape of diamonds, or choose colored gemstones.

ETERNAL AND IRRESISTIBLE SYMBOL OF LOVE ENGAGEMENT AND WEDDING RINGS CHAUMET

Below, we have selected part of the rich selection you can explore in the Mamić 1970 boutique. These are precious pieces from the prestigious jewelry houses Chaumet, Damini, and Messika. All pieces are made in luxurious 18 ct yellow, rose, or white gold, decorated with diamonds of the highest category or irresistible precious stones such as rubies, sapphires, and emeralds.

mamic.hr

Chaumet

brand jewels are perfect for elegant and sophisticated jewelry model lovers. They offer truly authentic models that are timeless and loyal to tradition royally. The wide range of rings from the Chaumet Joséphine and Chaumet Bee My Love collections are designed to complement and complement engagement, and wedding rings perfectly. They fit excellently with additional pieces throughout the year and, as such, are an excellent choice for lovers of classics with an urban twist.

Chaumet Joséphine Aigrette diamond ring

Chauemt Bee My Love engagement ring

DAMIANI

ThisItalian jewelry house reinterprets the concept of traditional jewelry in the most beautiful way and has been creating genuine works of art for almost a century. Among their collections, you can find classic wedding pieces for her and him, decently decorated with diamonds on the inside or side, and part of the D.Side and Noi2 collection. Lovers of something more striking and lively wedding jewelry can choose luxurious diamond rings with precious stones from the Damiani Mimosa and Margherita collection and thus stand out in their style. Precious stones also have specific features that will provide an extra dose of sentimentality, especially when discussing the pieces with which you will crown eternal love.

Damiani Minou diamond engagement ring

diamond engagement ring

Damiani Mimosa diamond engagement ring

MESSIKA

Messika

is a luxurious Parisian brand that sees women as the most inspiring muses when creating sensual pieces. Their jewelry celebrates the diversity of women's personalities. When choosing romantic elements, their Joy collection stands out with an irresistible engagement ring with a pearshaped center diamond. This particular shape of diamond is one of the favorite choices among many ladies because of its feminine and sensual look, especially in combination with 18 ct rose gold. This model wonderfully emphasizes the beauty of the hands and makes a truly dazzling wedding combination paired with the famous Gatsby wedding ring, which is created from a series of diamonds.

mamic.hr

Messika Gatsby diamond ring

Messika Joy diamond engagement ring

TUDOR RANGER

Tomark the 70th anniversary of the British North Greenland Expedition, TUDOR presented the new Ranger model, a tool watch celebrating the spirit of this daring adventure.

On 8th July 1952, the British Norh Greenland Expedition went to a two-year scientific mission studying ice sheets in Greenland. Equipped with the brand-new Oyster Prince model, TUDOR’s first watch that was both automatic and waterproof, the members of the expedition conducted indepth glaciological and seismic surveys at several sites. TUDOR also asked them to gather performance data for the 30 Oyster Prince watches that would be worn under extreme conditions. It is the adventurous spirit of these pioneers of arctic exploration that the latest addition to the Ranger line celebrates, offering an affordable combination of state-of-the-art watchmaking technology and historic aesthetics.

This model respects the aesthetic standards established in the course of its history, especially its dial with Arabic

numerals at 3, 6, 9 and 12 o’clock. To echo this functional heritage, the 39-millimetre case and the bracelet of the Ranger are satin-brushed, creating an overall matt finish, in the purest spirit of a “tool watch”. As for the dial, the hour markers are painted in luminescent material. Beige in colour, they perfectly contrast with the grained, matt black dial and match the tone of the TUDOR shield logo and inscriptions. The arrow-shaped hands, rounded for the hours hand and angular for the seconds hand, are characteristic of Ranger aesthetics, with a novel touch, the tip of the seconds hand in burgundy.

On 8th July 1952, the British Norh Greenland Expedition went to a two-year scientific mission studying ice sheets in Greenland. Equipped with the brand-new Oyster Prince model, TUDOR’s first watch that was both automatic and waterproof, the members of the expedition conducted indepth glaciological and seismic surveys at several sites.

Watch is powered by the in-house Caliber MT5402 with a power reserve of approximately 70 hours, certified by the Swiss Official Chronometer Testing Institute (COSC). Like every TUDOR watch, the new Ranger comes with a five-year transferable warranty without the need for registration or periodic maintenance checks.

mamic.hr

MAMIC 1970 AND ROLEX – A Partnership That Lasts Through Time

The love and fascination for watches, which has lasted since childhood, turned into the life path of master watchmaker Pero Mamić. As the head of the Mamić 1970 company, he has been caring for precious watches entrusted to his expert hands for over half a century. Mr. Mamić proved his knowledge and skills at a probation at the Rolex Headquarters in Geneva and, in 1978, became the first official Rolex watchmaker in Croatia, which made him one of two in the country at the time.

The watchmaking tradition in the Mamić family is passed on to new generations and continues through regular watchmaker education and attending trainings and specializations as part of the Rolex program. Continuous investment in a professional team and over half a century of successful work in the watchmaking industry has made Mamić 1970 synonymous with expertise, quality, precision, and reliability. Also, the official Rolex service centre at Mamić 1970 is equipped with the most contemporary equipment and has the same statues as Rolex service centre in Geneva.

SERVICE PROCEDURE

With many years passing between services, your watch deserves exceptional attention to accompany you through life. It is recommended to have your Rolex watch serviced every 5 to 10 years, depending on the model and daily wear, to ensure its continued accuracy and water resistance.

Before the servicing process, our highly-skilled watchmakers conduct a thorough diagnostic examination of your watch, followed by the start of the service process. After the complete disassembly of the watch, all parts are ultrasonically cleaned with specially formulated solutions, and each individual component is carefully examined. Those that no longer meet Rolex's functional and aesthetic specifications are replaced with original Rolex parts.

The movement is carefully lubricated with the most advanced lubricant formula that reduces friction and prevents wear and is then electronically tested to guarantee its timing accuracy. Great attention is also paid to the servicing of the case and bracelets, which are precisely polished to restore their original shine. The case is carefully assembled, seals are replaced, and the watch undergoes a series of rigorous technical tests to ensure its water resistance, power reserve, and precision. Finally, once serviced, every Rolex watch is accompanied by an international twoyear service warranty that covers replacement parts and watchmaker's work.

mamic.hr

You can visit the official Rolex service center in the center of Zagreb in the Mamić 1970 boutique at Ulica Frane Petrića 7.

It is recommended to have your Rolex watch serviced every 5 to 10 years, depending on the model and daily wear, to ensure its continued accuracy and water resistance.

Insurance of luxury watches

ENJOY YOUR VALUABLES FREE OF WORRY

In addition to the standard offer of insurance products, in the uncertain and turbulent times we live in today, global insurers have recently been additionally focused on insuring expensive products. Naturally, the result of such a commitment by the insurers primarily stems from the interest of the owners of valuables who want to be additionally secured in relation to the valuables they own.

Thus, among other things, the insurance of expensive drinks has been popular in the world in recent years. Billionaire Vodka, which is produced by hand and exclusively at the customer's request, costs about 3.7 million dollars per bottle. For a specially produced alcoholic drink, Tequila Ley, which is four years old and distributed in a

platinum and white gold bottle, decorated with 6400 diamonds, it is necessary to allocate 3.5 million dollars. Two million dollars costs the pleasure of having a 100-year-old cognac Henry IV, in a bottle of twenty-four carat gold and platinum, as well as the above-mentioned luxury drink decorated with 6,000 diamonds. Collectors of expensive drinks and their insurance will be devoted attention in one of the next issues of The Collection, and in this issue, we will focus on the insurance of luxury and expensive watches.

Watch owners and watch lovers are proud of collecting these precious items. Apart from the emotional elements in this type of collecting (when it comes to gifted or inherited items), this hobby certainly has an investment component, bearing in mind the great value of items owned by collectors or owners of expensive watches. That is why damage, loss

The risk of loss and theft lurks everywhere, that's why having an insurance policy that covers you wherever you travel gives you the peace of mind while wearing your timepiece.

or theft of these precious and valuable objects should be covered by appropriate insurance, and with the right insurance, you may wear your valuable pieces of jewellery more often, feeling secure knowing that you will be financially protected if something happens to your precious object. As much as you think your watch is safe in your safe at home, office or in a dedicated place for keeping valuables (banks and the like), your valuables are always at risk. Even in such, partially controlled conditions, your valuable object is exposed to the risk of fire, flood, burglary or accidental damage, so you should protect your precious item or collection by insurance.

Regardless of the fact that standard insurance policies for homes and apartments in your ownership, or rented flats and apartments contain coverage for jewellery and personal belongings up to a certain value, if your watch has a value higher than the policy limit, it is possible to contract additional coverage within existing (i.e. offered) policies or separate insurance of your valuables. The first thing to do is to precisely check with your insurance company the sub-limits for coverage of valuables within the insurance of your property. If the value of a valuable item - luxury watch is less than the sub-limit, then the watch may be covered under your property insurance in case of loss due to theft. However, if your watch has a value higher than the defined sub-limit, you can request either a higher coverage than the one defined by the standard policy, or contract i.e. initiate additional coverage.

It is very important to distinguish between the watch warranty that you get from the manufacturer and the insurance of your valuables. As in the case of insurance, where the first step is obtaining information before the contract conclusion is a detailed familiarization with the conditions and tariffs created by insurers, in the case of analysing the warranty you receive from the manufacturer, you must understand what is covered by the warranty, how long the warranty is in force and what and in which situations the manufacturer offers in the event of failure or damage to the product in your possession. Luxury brands usually have different protection plans, extended warranty periods, as well as additional benefits offered by the manufacturer. However, the key disadvantage of the warranty is that the warranty in no case covers the risk of theft or loss of your watch. If you have insurance for the watch, in one of the ways mentioned above (within the standard insurance policy for your property or additional coverage of risks related to your valuables), you can have protection for the actual value of the watch in case of theft or loss.

There are also special models of associating insurance companies with online platforms for watches which offer online insurance, with an instant estimate of costs and quick activation of coverage. In the case of more expensive watches, owners consider special offers from insurers that offer different coverages, and such insurances usually cost up to 2% of the retail price.

Despite the fact that in the era of digital technologies there are a large number of sites and different online platforms for identifying lost or stolen watches, watches are still very easy targets for thieves, as they are easily portable and can easily be exchanged (sold) for cash. Watch thefts

happen much more often than we think. A moment of a lack of attention was enough to steal a watch worth almost a million euros from a businessman in front of a hotel in Paris a few years ago. Relaxing on the beach in Ibiza cost the owner of the limited series watch a loss of value estimated at 1.2 million euros. Watch thefts are also more common than you think. In 2019 alone, a Japanese businessman was robbed of his $1.2 million Swiss watch right outside his hotel in Paris and a tourist in Ibiza was robbed of his limited-edition Richard Mille timepiece, worth up to $1.7 million.

Daily wear and frequent travel would also increase the likelihood of theft, loss, and damage.

Working with a watch on your wrist may cause strain on the clasp and straps and sometimes leading to strap failure. Leaving your watch in the hotel safe may not be as safe as you’d think as well, given their portability. When it comes to airport security screening, if you must remove your watch (depending on the advice of the security officer), you can reduce the risk of damage from the magnetizing effects of the X-ray machine, by placing it underneath your other belonging in the tray. Don’t forget to check that you’ve got all your items before leaving the area.

As reported by Bloomberg, numerous watch collectors worldwide are concerned about the increase in (mostly violent) thefts of luxury watches in the world. Apart from the fact that such a trend threatens watch owners, it is also risky for luxury brands whose sales could decline due to the fact that owning or wearing such watches becomes risky. The world's metropolises fight against the theft of valuables, primarily luxury watches, in different ways. Last summer, the London Police Service launched a special operation to tackle the problem of theft of valuables, after robberies related to these thefts, with the use of knives by thieves, had increased by 60% in just two months. London Police figures indicate that 667 Rolex watches were stolen between January and September 2022, while 73 Patek Philippe watches were stolen in London in the same period. During the recently concluded World Cup in Qatar, the target of an armed burglary of the home of an English football team star, Raheem Sterling, was his £300,000 worth watch collection. Over the past year, the average price of a luxury watch stolen in London was around £9,000, which is an increase of almost 100% compared to the average value of stolen watches in previous years.

If you do not take an insurance policy for your expensive watch, you alone are financially responsible for its loss or theft. If you decide to transfer these risks to someone else, primarily an insurance company, you should contact the company or an agent to check whether and to what extent your valuables are covered by your standard property policies, and whether you need to extend the coverage, or conclude a new policy in order to have financial security and enjoy your hobbies and valuables with less worry.

The risk of loss and theft lurks everywhere, that's why having an insurance policy that covers you wherever you travel gives you the peace of mind while wearing your timepiece.

Watch thefts are also more common than you think.

In 2019 alone, a Japanese businessman was robbed of his $1.2 million Swiss watch right outside his hotel in Paris and a tourist in Ibiza was robbed of his limited-edition Richard Mille timepiece, worth up to S$1.7 million.

PORT OF ROYALS – A NEW GEM IN THE CROWN OF BOKA BAY

Interview with Mr. Hakan Daloğlu, Executive

Director

Port of Royals

This is not your first project in Montenegro or in Turkey which will give a lot of confidence to potential buyers. Can you outline your credentials and experience in delivering such a significant project to the market?

First of all, I would like to emphasize that the Port of Royals project is of great importance to us. For 25 years now we have been successfully operating in the construction industry and many projects related to the construction of villas and residential buildings, and landscaping, are behind us, while we currently also have a large number of ongoing construction projects. We wish to implement our entire experience in the Port of Royals project, which we started in Montenegro, in Kumbor, Herceg Novi. Port of Royals is not just a construction project, but a residential complex project whose every detail is designed to ensure comfort to its customers.

What was your vision for the exciting new Port of Royals when you set out with a blank piece of paper?

The main goal is to create a living environment that we care about, to slow down the very fast life and offer peace and comfort to customers. The Port of Royals project aims to “slow down time”, as our slogan says.

How will Port of Royals be different than other projects in the country and the region?

What makes Port of Royals different is it’s 22 thousand m2 of natural green area, entertainment, and playgrounds that we created making family life a priority which is not found in other projects, the largest spa and gym in the region, indoor and outdoor swimming pools, indoor cinema hall, as well as many other spaces of social importance. In addition, Port of Royals offers a taxi service to the coast, and VIP airport transfer services, which are fully owned by Port of Royals and which make us different from others in the region.

struction phases. The first phase, Port of Royals Villa, includes 28 luxury villas built on an area of 10,500 m2, with the construction beginning in October 2022 and the planned completion date at the end of November 2023. The second phase of the Port of Royals Hotel Residence will be built on a total area of 18 thousand m2. The construction of the second phase will begin in September 2023 and the completion of the works is planned for September 2024 and will consist of 135 apartments from one to five rooms with different square footage and penthouses. On the other hand, the 3rd and 4th phases will start at the beginning of 2024 on 70 thousand m2 and will be completed in 18 months, with a total of 700 independent parts, including the hotel and areas of social importance. It is very important to us that our customers have the life they have dreamed of at special initial prices and easy payment options. For our Port of Royals Hotel Residence Project, which is currently in phase 2, the 15% discount privilege continues.

How do you envision the services offered to new homeowners in the Port of Royals resort?

When will each phase be complete and what payment plans are available to clients?

Port of Royals will be built on a total area of 98 thousand m2 and there will be 4 con-

The Port of Royals project does not mean just a house or a villa, but a project good for life, which includes social spaces, activity spaces and special opportunities for our homeowners, offering a high-quality life in nature and by the sea. From playgrounds to parks, from swimming pools to water parks, from spa centres to gyms and many other social facilities, we are waiting for you, new homeowners.

WELCOME TO THE EXCEPTIONAL!

Discover Albania's heritage and history while staying at our relaxing and stylish Tirana hotel. Perfectly located for a blend of sightseeing and relaxation, the Radisson Collection Morina Hotel, Tirana offers the best of both worlds. Enjoy an unforgettable stay just outside the city centre where you can relax near parks and beside the Grand Park of Tirana.

+355 42 224 444

morina.hotel.tirana@radissoncollection.com

www.radissonhotels.com

Radisson Collection Morina Hotel, Tirana Liqeni i thate, Rruga “Hamdi Garunja”, Tirana, 1063, Albania

Discover the ultimate shopping experience at Coin

The department store chain known for its exquisite selection of high-end brands and impeccable customer service.

Whether you're looking for designer clothing, accessories, beauty products, or home furnishings, Coin has everything you need to indulge in the finest lifestyle. With a carefully curated selection of local and international brands, shoppers can find something to suit their individual taste and budget.

Montblanc | Michael Kors | Paul Smith | Tom Ford | Dior | Harmont & Blaine | Maison Crivelli Armani Prive | Calvin Klein | Ted Baker | Chanel | Yves Saint Laurent | Diesel | Tommy Jeans

You deserve the best, and that's exactly what Coin delivers, a must-visit destination.

OMR Luxury Store, Belgrade WELCOME TO THE WORLD OF LUXURY!

The unique world of luxury and genuine emotions, "OMR Luxury Store", was opened in the attractive West 65 Mall in New Belgrade. A comfortable and modern space brings together the sale of used luxury cars of various brands such as Bentley, Ferrari, Porsche and others, as well as MV Agusta motorcycles and luxury yachts from the Azimut Benetti Group.

The company British Motors implemented this project in cooperation with other members of the OMR Group - Globos osiguranje, MIOS, AKS Fleet and others. As is known, British Motors is the general importer of Jaguar Land Rover cars for the market of Serbia and Montenegro, so, logically, the offer of "OMR Luxury Store" is completed by the most exclusive JLR models of the SV line.

The President of OMR Group, Ostoja Mijailović, explained the business concept of this Store, unique in the region, in more detail for The Collection.

A fast-paced lifestyle leaves us little time for enjoyment, and no matter how successful you are in your work, the measure of achievement becomes the quality free time you can afford for yourself and the people you care for. We have made available in one place the best examples on two and four wheels, as well as from the nautical world. We are convinced that coming to the "OMR Luxury Store" is not just a simple purchase, but a true investment in memorable moments - stated Mijailović.

Visitors to OMR Luxury Store can also expect a premium user experience, which includes linked services including the possibility of financing, insurance, importing the desired vehicle, and repair service, all with a guarantee of quality.

"We have made available in one place the best examples on two and four wheels, as well as from the nautical world. We are convinced that coming to the "OMR Luxury Store" is not just a simple purchase, but a true investment in memorable moments" - stated Mijailović.

SQ9 WEDDING EXPERIENCE A COLLECTION OF GENTLE AND REFINED EXPERIENCES FOR THE MOST ROMANTIC DAY

An impeccable experience at the Square Nine hotel, for which high-end hospitality has been a long-standing standard, is ensured by a harmonious and well-coordinated team.

SQ9 is the ultimate choice for an intimate, classy wedding, with carefully planned details “that money cannot buy”refined luxury.

Inspiring, Classic, Romantic or Diamond - menu packages of four, five or six courses prepared by the Executive Chef of SQ9, will satisfy even the most demanding connoisseurs of Fine Dining.

The elegant restaurant The Square on the ground floor of the hotel, which continues onto the Mediterranean garden, making this space ideal for elegant and chic wedding events with a capacity of up to 110 people.

The ambience of the Ebisu rooftop restaurant, with a unique view on poetic terraces of old Belgrade, is another choice for an authentic and intimate wedding celebration for up to 60 people. Both of the hotel’s restaurants, The Square and Ebisu, are listed in the MICHELIN guide.

The charming, citrus-scented garden Piazzetta, in the extension of the hotel’s restaurant, framed by the windows of the Belgrade Philharmonic and rich tall bamboos, offers a soothing background of magnolia, cherry laurel and other carefully tended Mediterranean plants, for the wedding ceremony itself, photo session or cocktail reception.

The comfortable Junior Deluxe Suite, will be ready to welcome newlyweds after the celebration and a long day, with elegant and modern interior smoothness, from the warm texture of the Rosewood floor, to the carefully selected Limestone Crema Europa marble, which covers the spacious bathroom of the apartment or the sensual perfectly polished Pratesi sheets on a comfortable KING size bed.

In suite’s mini dining area, newlyweds will be served a ravishing breakfast or brunch. A late check-out leaves time for the couple to visit the unpretentiously extravagant Square Nine Spa X Augustinus Bader, giving them the chance for contemplation, swimming in the 18-metre-long saltwater pool, or relaxing in the sauna, steam room or traditional Japanese cedar tree Ofuro hot tub.

The meticulously designed SQ9 Wedding Experience is a collection of precious experiences and love notes, which will be proudly woven into the photos and in memory for happy years of togetherness to come ...and remain a place where anniversaries and beautiful and important dates will be celebrated.

Square Nine Hotel is part of the prestigious organization The Leading Hotels of The World.

For additional consultations with our team for the wedding planning and wedding packages, please contact us by phone +381 60 0322 418 or by email events@squarenine.rs Studentski Trg 9, 11000 Belgrade, Serbia www.squarenine.rs

Photographer: Monika Pavlović

Models: Maja Medenica, Sofia Zarić Art direction & design: Dragana Ognjenović

Place: Square Nine Hotel

Text: Danijela Ognjenović /themateria.com

KAD JE BANKA U PITANJU

NEMA DILEME

Život se sastoji od slatkih dilema, a važne odluke je lako doneti kad imate nekoga da brine o vašim potrebama.

Saznajte više na www.bancaintesa.rs

BRINEMO O SVEMU ŠTO VAM ZNAČI

www.bancaintesa.rs

ARCHITECTURE, EDUCATION & DESIGN

Since 1912 when, thanks to the ingenious idea of the famous Serbian architect Nikola Nestorović, it was first presented in its full shine to the Belgrade public, hotel "Bristol" has gained the status of one of the most elegant and glamorous places in the Serbian capital.

The Old Post Ofiice will be a home for theatre, library and children's museum

HOTEL Bristol THE OLD SHINE OF THE NEW ERA IN BELGRADE

In those old, romantic times of the beginning of the 20th century, the time of elegant ladies and classy gentlemen, Savamala, the legendary Belgrade’s bohemian quarter, became a shell in the heart of which a truly artistic, avant-garde pearl was located. Due to its unsurpassed shine and inviolable beauty, hotel “Bristol” became the herald of the architectural transformation of Belgrade into a modern European metropolis.

Since 1912 when, thanks to the ingenious idea of the famous Serbian architect Nikola Nestorović, it was first presented in its full shine to the Belgrade public, hotel "Bristol" has gained the status of one of the most elegant and glamorous places in the Serbian capital. Today, after more than a century of existence, this iconic hotel, thanks to the efforts of Belgrade Waterfront, is experiencing a renaissance and is preparing to shine with its old glory while reviving the spirit of the bygone romantic era.

THE DILIGENT HANDS OF 16 ARTISTS RESTORE "BRISTOL"

After restoring the façade of the magnificent building of the Belgrade Cooperative and renovating Sava Square while preserving all its historical layers, Belgrade Waterfront paid special attention to the restoration of the "Bristol", which is considered an anthological example of contemporary Serbian architecture and a symbol of the mature phase of Belgrade Art Nouveau. As it is a unique building of inestimable artistic and cultural value for Serbia, the main goal is to preserve the original façade and, to the extent possible, return it to its original state.

The restoration of the façade takes place in cooperation with the Belgrade City Institute for the Protection of Cultural Monuments, under whose protection it has been since 1987. In addition to the 16 graduate sculptors and painters who are dedicatedly working on the restoration of the façade of Nestorović's piece of art, Belgrade Waterfront is also proud of its cooperation with Miroljub Stamenković, a former professor at the Department of Applied Sculpture at the Faculty of Applied Arts and one

Photo Stella Production

of the greatest Serbian experts in this field. His expertise is a guarantee that "Bristol" will once again become a recognizable symbol of Belgrade.

Preserved elements of ornamental façade plastic on "Bristol" are used as molds for making new ones, which are then mounted on the façade. These works are carried out by specialized sculpture and painting experts. As many as three out of only five of those local experts are currently working on the restoration of the façade of the architectural pearl of Savamala. This fact illustrates how much attention was paid to the restoration work in order to restore "Bristol" to its former glory.

In addition to these highly specialized works, the interior of the hotel will also get its new look. Reproductions of original decorative elements, which are a fusion of French Art Nouveau and Eastern European motifs, will follow guests through the interior as well – through the apartments and public areas of the hotel.

“Bristol” is one of only a few Belgrade buildings built in the early 20th century in the style of academicism and Art Deco. This architectural expression will get its modern interpretation through the current reconstruction, making “Bristol” what it once was - a gathering place of the fashionable world.

REVIVAL OF BELGRADE’S GLAMOUR

Throughout its long and captivating history, "Bristol" attracted many renowned people and celebrities who did not remain indifferent to its glamour, including financiers and bankers John Rockefeller Jr. and David Rockefeller, lifelong president of SFRY Josip Broz Tito, chess grandmaster Garry Kasparov, Belgrade’s iconic bohemian and writer Momo Kapor, as well as showbiz performers with stunning vocals like Predrag Cune Gojkovic and Meri Cetinic.

The architectural masterpiece of Savamala started to come to life as soon as the first pieces of façade decoration were cleaned and restored, and once it opens its doors, there is no doubt that the unique glamour of Savamala will return together with visitors. In other words, "Bristol" will soon again mark its place on the map of the most fashionable places in Belgrade, and, thanks to its extensive offerings it will attract numerous famous domestic and international figures, exactly as it did before.

Its exclusive location within Belgrade Waterfront, right next to the Bristol Park and in the vicinity of the Sava River, gives it an additional advantage over other hotels. As a result, guests will be able to indulge in the walk along Sava Promenada, which became a new pulsating point of the city's main events, to enjoy a spectacular view of the Serbian capital from the observation deck on top of Kula Belgrade or to feel all the charms of the Galerija, the largest shopping, entertainment and dining destination in the region of Southeastern Europe.

Reproductions of original decorative elements, which are a fusion of French Art Nouveau and Eastern European motifs, will follow guests through the interior as well –through the apartments and public areas of the hotel.

Throughout its long and captivating history, "Bristol" attracted many renowned people and celebrities who did not remain indifferent to its glamour, including financiers and bankers John Rockefeller Jr. and David Rockefeller, lifelong president of SFRY Josip Broz Tito, chess grandmaster Garry Kasparov…

Reconstructed Sava Square with bilingual public school and kindergarten in the hinterland

RECONSTRUCTION OF "SERBIAN GAUDÍ" PRIDE

In contrast to "Bristol", which was spared war destruction during its more than 100 years of existence, the Old Post Office on Sava Square had a much more turbulent history. Built according to the ideas of another famous architect, Momir Korunović, in the contemporary SerbianByzantine style in 1929, this building suffered great damage during the Second World War, after which it was restored in the spirit of the thenprevailing socialist realism.

Continuing with the dedicated work on the restoration of the rich architectural heritage of the Serbian capital, Belgrade Waterfront will also reconstruct this forgotten masterpiece of the "Serbian Gaudí". One of the most beautiful buildings of pre-war Belgrade will be restored to its original appearance, with a luxurious façade and in identical proportions that it had until 1944.

After reconstruction, a theatre, a library, and an interactive children's museum will be housed in the Old Post Office building. A restaurant and a cafe will be located on the top floor.

Apart from the reconstruction of another pride of Serbian architecture, the Main Railway Station building will be converted into a Historical Museum of Serbia. In the hinterland of Sava Square, an educational campus will be formed, with a state bilingual school and a kindergarten, connecting the capital’s past and future in the most beautiful way.

In addition to the 16 graduate sculptors and painters who are dedicatedly working on the restoration of the façade of Nestorović's piece of art, Belgrade Waterfront is also proud of its cooperation with Miroljub Stamenković, a former professor at the Department of Applied Sculpture at the Faculty of Applied Arts and one of the greatest Serbian experts in this field.

Dekorativna plastika na fasadi Bristola

LIFE AT THE TOP

THE GRAND EXPERIENCE

Personalized service, top comfort, and the highest quality are confirming a grandiose mission to assure each guest the most beautiful episodes of its life.

SPECIJALNA BOLNICA SVETI VID uvela je hirurgiju glaukoma u novu epohu, menjajući stare, neefikasne hirurške pristupe.Ta nova epoha počela je primenom ugradnje minijaturnog implanta u oko (MIGS), zahvaljujući kom se pacijent doživotno oslobadja ukapavanja kapi u oko, što je mnogima predstavljao problem zbog alergijske reakcije.U specijalnoj bolnici SVETI VID ovu vrstu hirurgije izvode iskusni evropski hirurzi, sa specijalnom licencom koju moraju imati za izvodjenje ove procedure.

THE NEWEST IN GLAUCOMA SURGERY

SPECIAL HOSPITAL SVETI VID has introduced new era of glaucoma surgery, changing old and non-efficient surgical procedures.This new era has started with new method using miniature intraocular implants (MIGS), after which the patient achieves new comfort in life, without using eye drops, which makes a big difference comparing to old methods when patients suffered from allergic reactions to eye drops. In special hospital SVETI VID this surgery is performed by experienced European surgeons, who have special license which is necessary for performing this type of surgery.

Dobračina 27, Beograd +381-11-328-37-37, +381-69-328-37-37 hospital@svetivid.com; www.svetivid.com

NAJNOVIJE U HIRURGIJI GLAUKOMA

INTERNATIONAL EDUCATION IN OUR MODERN WORLD

Learning is the most important part of every person's life. The process that begins at birth and lasts until the end of life, includes various forms of education, work and life experiences, and has a key role in the development of the human personality and its transformation.

An important, perhaps fundamental part of learning, is education, which we acquire through formal education systems, from the earliest days in pre-school institutions, through schools, universities, and later through various forms of professional advancement. Education is a subject of interest to all people, because it plays a key role in life and provides an opportunity for personal and professional development, improvement of the quality of life and creation of a better future for themselves and their families. It helps people to become active and informed citizens who are able to think critically and contribute to the development of society.

Throughout history, education has changed its forms, but it has always had the most important role for the individuals and society. The emergence of technology in modern society has also led to new forms of learning and different approaches, but it influenced only the form of learning, while the essence of education has gained even greater value. In today’s world that is changing at an incredible speed, where new scientific and technological discoveries happen on a daily basis, it is crucial that people are constantly educated and that their skills are developed in order to be competitive and successful both in the labor market and in other life roles. As much as education has a significant impact on individuals and society as a whole, it also contributes to the development of the economy. The countries that carefully plan their growth, that invest in human capital and education, tend to achieve faster economic growth and progress compared to those that fail to do so. As education improves, the society’s ability to create new technologies, solve problems and improve the quality of life also develops. Education is a key factor for the development of new technologies and innovations, and therefore the economy.

In today’s globalized world, where geographical boundaries lose their meaning, where cultures merge and live together, where people change more living places during their lifetime, it has become crucial that people are able to live and work in different environments and cultures, making education and migration two closely related phenomena.

We have witnessed that due to the rapid economic development of the region conditioned by the development of domestic, primarily technological companies, as well as the arrival of international companies to our region and the unique way of life it offers, a large number of people from different parts of the world choose to live here. On the other hand, a number of mostly young people from the region go to study abroad in order to gain international experience. With the development of international schools in the region, which have high-quality approach to education and in which the quality of knowledge gains importance, a new trend is emerging where people from the countries of the region stay in our area to receive education in foreign languages. These trends, which occur not only in the region, but also in all countries of the world, have led to a new, international view of education and the creation of new educational institutions and the expansion of existing ones, which improves the quality of education throughout the world, and especially in the region. One of the main advantages of international schools and universities is the provision of high-quality education. The international curriculum offers a wider range of subjects and teaching methods that prepare students for higher education or work anywhere in the world. Another key advantage of international schools is the multicultural environment. Students from different countries and cultures have the opportunity to get to know other cultures, languages and customs, which can be useful for their personal and professional future. International education is an important factor in preparing young people for success in the modern world.

In today’s globalized world, where geographical boundaries lose their meaning, where cultures merge and live together, where people change more living places during their lifetime, it has become crucial that people are able to live and work in different environments and cultures, making education and migration two closely related phenomena.

The accelerated economic development of countries, lack of labor force, primarily in Europe, the increased migration of the working population, access to modern technologies and the possibility of affordable travel, made education available to most people. An increasing number of professional agencies in the region enable young, talented people to gain access to international education in the region and the world through various types of scholarships, student exchange programs or other types of funding, and thus get the opportunity to develop their skills, talents and enrich their life experience. The agencies actively participate in promoting higher education and schools and offer help in making the best choice. International education contributes to the development of a global perspective, breaking of prejudices and accepting of differences, developing innovations, improving the economy, establishing international connections, better understanding between peoples and developing a better and more aware society as a whole. If we look at all aspects of international education, we can conclude that it plays a key role in the development, creating new opportunities for individuals and contributing to the progress of the entire society and civilization.

That is why we at The Collection decided to bring this topic closer to you, our readers, because we know that the choice of education is perhaps the most important decision you will make for yourself and your family members. The extensive analysis we made showed that there are top educational institutions in our region, with prestigious licenses and high-quality education, and special learning methods that meet high European standards and very strict criteria. In the following editions we will try to present the importance of this topic, as well as a rich offer of high-quality educational institutions in the region (and worldwide). We hope you will enjoy.

THAT’S THE RHYTHM OF HERITAGE GRAND PERAST, MONTENEGRO

Discover the ultimate in luxury travel at the Heritage Grand Perast Hotel, a magnificent 5-star hotel located in the charming seaside town of Perast, Montenegro. Immerse yourself in the rich history and natural beauty of this picturesque destination, with breath-taking views of the Bay of Kotor and the surrounding mountains.

Step back in time as you enter the restored 18th-century palace that houses the Heritage Grand Perast Hotel. Our traditional décor and elegant furnishings

are perfectly complemented by the town's historic architecture, providing a luxurious and authentic stay in Montenegro.

Experience the beauty of Perast by taking a stroll through its cobblestone streets, once a centre of art and culture, and admire the well-preserved baroquestyle buildings and historic churches. This architectural legacy lives in harmony with the natural beauty of the southernmost fjord in Europe.

Indulge in the local flavours and culture of Perast at our three restaurants. Dine on

Mornings on the walks. Afternoons on the water. Evenings around the table.

TRAVEL + LEISURE, MARCH 2023

25 MOST BEAUTIFUL PLACES IN EUROPE — FROM COLORFUL SMALL TOWNS TO SECRET BEACHES

Our Lady of the Rocks, Montenegro - Driving along the road that wraps around the Bay of Kotor provides many scenic delights — none more deserving of pulling over to stare at than Our Lady of the Rocks, an artificial island off the coast of Perast that’s made of rocks and dominated by the 17th-century Roman Catholic church.

Mediterranean cuisine and Montenegrin specialties while enjoying stunning waterfront views at Riva Restaurant. Savor delicious food and panoramic views of the Bay of Kotor at our aptly named Panoramic Restaurant. Or soak up the lively and charming atmosphere of Piazza Terrace as you enjoy traditional Mediterranean and local cuisine. At the Heritage Grand Perast Hotel, we invite you to experience a luxurious and historic stay in one of the most beautiful destinations in Montenegro.

The hotel is housed in a restored 18th-century palace, offering guests a unique and historic experience at UNESCO World Heritage Site of Perast.

REAL ESTATE & INVESTMENTS

EXCLUSIVE INTERVIEW WITH Mr Emir Granov A UNIQUE INSIGHT BY A KEY REGIONAL INVESTOR

"In 2022, the most important thing was the beginning of construction of the biggest and the most luxurious residential-business complex in BiH, which is the Park Residence. The only right way to do it was to get surrounded by the people as well as companies in our way of realization of this project. Our priority is to achieve a high standard of urban living in the very heart of Sarajevo and we observe the progress of works with great joy. "

For more than 20 years, Emir Granov has been one of the crucial businessmen in Sarajevo, a city that is synonymous with diversity, and it is probably that diversity that best describes our collocutor – from a football player and representative of the BiH national team to the owner of one of the most prominent fashion brands for men in the region and Europe, to the investor of the hotel Monti and business – residential buildings, and also a co-owner in one of the leading delivery platforms Korpa which is doing business on the markets of Bosnia and Herzegovina and North Macedonia.

You inherited the fashion business from your parents and grew from a small craft – workshop, to become a well-known regional brand. So, tell us more about your beginnings and the journey to the present?

I come from a family which was associated with the textile business for generations. I approached the production process at the early stage because my father dealt with the production and processing of leather, and later on with the textile business. However, my first love was football and after years of successful sports career during which I was a member of the national team of BiH, I played in Hungary, Portugal and Spain, it was a difficult decision to make, to stop the professional sports career and to continue the family tradition which was built by my family for generations. Namely, the story about Granoff is a story about football because the goal was the same and that is to reach the top. I left the top of the sports in 2003 when I started the journey to the top of the fashion brand Granoff.

This year Granoff celebrates 20 years of its existence. What is it that you are most proud of when we speak about Granoff and which markets are you present?

There is a lot of work, will, effort and sacrifice behind the well-recognized and successful brand Granoff. Ever since the very beginning, we were dedicated to one particular target group of buyers and we remained loyal to that – buyers who have a very distinguished taste and know how to recognize quality. Quality and design are exactly what launched Granoff to the position of a leader. The quality of the fabrics is measured in microns – the lower number of microns in a thread, the better the quality of the fabric.

The company Granoff is the best-known domestic brand with a retail chain of fashion shops in Bosnia and Herzegovina, Serbia and Montenegro. It is positioned as an affordable luxury brand of a very recognizable quality and fashion style which follows global fashion trends and brings them to domestic and regional markets. The long tradition of the company Granoff ensures continuity, consistent market presence, and interesting fashion choices and it completely corresponds to fashion trends that can be found in the European market and around the world. On the market of Bosnia and Herzegovina, we are present at seven locations, in Serbia we opened our shop in the exclusive shopping centre Galerija which is located within the complex Belgrade on Water and we proudly emphasize our shop in the market of Montenegro is placed in Porto Montenegro.

Through its offer, Granoff attracts several domestic and international buyers, whereas the inside decoration and design of shops sets an example of how a domestic company may and needs to be competitive with other global trends.

Besides the fashion industry, you stand out as one of the most successful investors in the region. Tell us something more about your achievements to date?

The very step forward into investments I started with the first residential building in Sarajevo, Bolgrano. Then followed the construction and opening of the first amusement park with the alpine coaster Sunnyland in the vicinity of Sarajevo, on the Olympic mountain of Trebevic.

By the end of 2020, at a time when we faced the biggest challenges caused by the Covid pandemic, we opened the hotel Monti on the mountain of Igman. Shortly after opening, we stood out as the leader in the area of mountain tourism and we proudly emphasize that the biggest proof of our success is that our guests keep coming back.

That was followed by the project for our future – the Park Residence, the building placed in the very heart of Sarajevo on the mild hill with a phenomenal view of the whole city. Through this project, we create a harmonious unity which is unique and will place Sarajevo on the world’s map of luxurious living. Our vision is to create a comfortable living ambience, where the residents will dispose of the premium living concept, a place to enjoy, spend more of their free time and create quality life habits. Future residents of the Park Residence will enjoy a variety of joint contents dedicated to them exclusively, and, inter alia, an indoor swimming pool, spa and fitness centre, in-door multifunctional space for sports activities, in-door and out-door playgrounds, inside cinema room, concierge and bellboy services, valet parking etc.

The planned completion of the construction is by the end of 2025, and for a great reason, we say that the Park Residence is a true home, and home is our most important address.

What were the most important achievements in 2022?

In 2022, the most important thing was the beginning of construction of the biggest and the most luxurious residentialbusiness complex in BiH, which is the Park Residence. The only right way to do it was to get surrounded by the people as well as companies in our way of realization of this project. Our priority is to achieve a high standard of urban living in the very heart of Sarajevo and we observe the progress of works with great joy.

During the past year, we celebrated two years since the opening of the Hotel Monti, and with constant investment in improving the quality of service; we secured a leading position in the middle category hotels. We also acquired the location of the former Hotel Igman on the mountain of the same name, which is truly synonymous with the Winter Olympic Games in Sarajevo in 1984. The mountain and the Igman Hotel are ideal places to enjoy the nature and culture of the destination itself, and we will undoubtedly do everything to become a favourite destination throughout the year, and not only in the winter season. We are developing the entire project out of love for the mountains and our goal is to provide an ideal location to escape from the noise and bustle of the modern city, where we will offer peace and phenomenal mountain facilities that will provoke the imagination, feed the soul and motivate you to come again. We are planning to build a wellness and fitness centre, a spa centre, a children's playground, a restaurant, multifunctional areas and areas for sales facilities, a congress hall, and a winter square, and as for outdoor activities, we are planning to develop hiking, mountain biking, outdoor spa, fitness yoga in nature and many other contents. We are finalizing the conceptual solution for the new hotel and we have left the conductor's baton to our undisputed architect and artist Amir Vuk Zec, who will sign the project and whose main task is to turn the Olympic beauty into a true tourist destination that will stand side by side with the

" Our vision is to create a comfortable living ambience, where the residents will dispose of the premium living concept, a place to enjoy, spend more of their free time and create quality life habits."

popular Austrian and Italian ski resorts.

In 2022, we completed works on renovation and reconstruction of the historic building in the very heart of Sarajevo, which is an administrative building of our group but at the same time a sales centre for the Park Residence, the first one of that kind in the territory of Bosnia and Herzegovina where we provide to the clients a new dimension in the presentation of the building.

Our delivery platform Korpa.ba, ended 2022 as the absolute leader in BiH with over 70% of the share in the market, whereas Korpa Macedonia for the first year of its business operations achieved all rewards and we especially emphasize the best application in 2022.

Today, after 20 years of doing business, when you look back, what were the most difficult elements you overcame - were you imagining your road just as it was or would you change something?

There is a saying that it is easy to reach the top, but it is difficult to stay there. I think it is difficult to reach THE top and even more difficult to stay there. When it comes to business, I am very persistent and I don’t take NO for an answer. Persistency and continuous work bring us to the success and recognition we seek. The pillars on the basis on which I form my partnership relations are capability, responsibility, persistence, consistency, reliability and loyalty. Behind all the so far achieved success there is a dedicated team of people without which none of this would have happened. Inevitably, in the past 20 years, there were difficult moments, and challenges too, which could have been resolved only by hard work, and now, when I evaluate that road, I am sure I would not change a thing.

What are your future plans?

Because we have already been recognized as successful implementers of previous projects, it is our goal that through the next projects, we keep the trust of our partners and clients through the high construction and implementation quality and provision of flawless service.

"Future residents of the Park Residence will enjoy a variety of joint contents dedicated to them exclusively, and, inter alia, an indoor swimming pool, spa and fitness centre, in-door multifunctional space for sports activities, in-door and out-door playgrounds, inside cinema room, concierge and bellboy services, valet parking etc. "

XENIOS ACADEMY: THE RISING STAR IN MOBILE HOSPITALITY TRAINING

Xenios Academy is an exciting global EdTech startup headquartered in Dubai, with the primary objective to assist bars, restaurants and hotels in boosting their performance and profitability through investing in employee training and development. The Xenios Academy team understands the changing landscape of the workforce, including the prevalence of time spent on mobile phones and short attention spans. This is why they have created a gamified training app that brings learning directly to employees’ mobile devices. By utilizing data and science, they have crafted an effective and engaging learning experience that reduces staff turnover, streamlines training, and increases revenue through superior service.

GUARANTEED RETURN ON INVESTMENT

Xenios Academy recognizes the importance of investing in a smart education of employees to elevate the standards of service in the industry. The value of luxury service is directly proportional to the time employees spend on learning - a belief that the latest research and the Xenios Academy team both support.

For example, a study published by MIT Sloan School of Management reported that a 12-month workforce training program with a focus on soft skills improvement (such as communication, problem-solving and decision-making, time and stress management) led to a 250% return on investment (ROI) within eight months of completion (Kala N., 2017).

Another study done by IBM and reported by Forbes in 2017 found that every dollar invested in online training resulted in a $30 increase in a company’s productivity (Olenski S., 2017). The bottom line? Investing in employee knowledge can have a major impact on your business’s ROI, from increased profits to a more polished public image.

“But, wait a second! You said - Guaranteed Return on Investment?” Correct. Xenios Academy proudly announced that they would return your money - no question asked - if, within the first month of using their app, you don’t see an immediate improvement in your teams’ service and/or increase in your revenue that stems as a result.

TEAMWORK AND LEADERBOARD: MAXIMIZE YOUR PROFITS

In the rapidly evolving professional landscape, continuous learning and skill development are crucial to staying ahead in the luxury hospitality sector. However, conventional educational approaches often fail to deliver the desired results - or simply take a lot more time and resources. That is where this exciting learning platform comes into play. Xenios Academy’s courses utilize interactive quizzes to reinforce key concepts and test comprehension, while artificial intelligence algorithms help tailor lessons to each individual employee’s learning style. And the best part? All of these teaching techniques are powered by the principles of gamification, supported by extensive scientific research on what motivates learners and enhances knowledge retention.

First of those principles - leaderboard!

“Leaderboard? huh?” Absolutely - you read that right. By opting for the higher-tier premium training plan, hospitality establishments can participate in regional and global leaderboards. Their power lies in promoting teamwork, reducing staff turnover, and nurturing pride in service. This enhanced teamwork will yield positive online reviews, wordof-mouth recommendations, and repeat business. Securing placement as one of the best on the Xenios Academy leaderboard also means that all the other users - both globally and regionally - will hear about your bar, hotel or restaurant. Talk about all that marketing!

“But - what if my team is not performing exceptionally well? I don’t want my competitors to know this...” Worry not! Given that only the top 10 best establishments per region will be featured in the leaderboard, there are no downsides - only motivation for your team to unite, rise and try to beat the competition.

And the good news doesn’t stop there! In addition to being featured on the app, the highest-ranking establishments globally will also enjoy the advantage of being featured on Xenios Academy’s social media channels, garnering increased visibility among luxury hospitality consumers and potential guests worldwide. This exposure will not only attract new clientele but also boost employee morale as their hard work and dedication will be publicly recognized. Dream work atmosphere, anyone?

$999 ONLY FOR THE FIRST 999

In partnership with top-tier industry experts, an extensive selection oXenios Academy is excited to announce the launch of their “Welcome Aboard” campaign, offering a phenomenal opportunity for the first 999 bars, restaurants, and hotels to secure licenses for this game-changing training program at only $999 for a one-year subscription – a price significantly lower than what will be offered after this promotional period. Moreover, hospitality groups with over fifteen establishments will be eligible for additional discounts on licenses for their supplementary locations, provided they are among the first 999.

This one-time special offer will also include access to the leaderboard and customized courses – an “all-inclusive” package, in the true spirit of the hospitality industry. Their highly anticipated launch campaign for the first 999 establishments kicks off on May 1st, with the official product release set for June 1st.

THE THREE LEVELS OF KNOWLEDGE UNVEILED

Okay, so you are now aware of the leaderboard, but you may still be curious about the specifics of the app and whether this appbased learning experience can genuinely impart valuable practical skills to your team members. So, let’s delve into the unique learning approach of Xenios Academy.

Each course in the Xenios Academy platform consists of 10 chapters, and each chapter consists of 20 lessons. Each chapter is designed to tackle three levels of knowledge difficulty: introduction, recognition, and recollection. These levels are based on psychological and neuroscience concepts facilitating effective learning and retention.

The Xenios Academy courses are crafted as enthralling educational adventures set in a mythical Greek landscape. Each course takes place on a different mountain, with the wine course, for example, unfolding on the slopes of Mount Nysa. As a student, your employee will embark on a quest to help Dionysus - the God of Wine and Harvesting - regain his former glory. To succeed, the student must climb through each base camp, representing a chapter of the course, and complete knowledge reinforcement challenges that will lead them to the summit of each peak. However, students must pass each chapter’s lesson with at least an 80% success rate to advance to the next level.

As students conquer each mountain, they will be better prepared to excel in real-life situations, even when faced with the most demanding customers. This interactive and intelligent learning approach, combined with the competitive element of the leaderboard, ensures that employees become experts in their field, ultimately boosting your establishment’s profits with each new day of learning.

89% EMPLOYEES BELIEVE THEY WOULD BE MORE PRODUCTIVE IF THEIR WORK WAS MORE GAMIFIED?

Why gamification in a serious (corporate) establishment, you may ask? The answer lies in data, once again. For instance, a large survey conducted in 2019 found that 89% of employees felt more engaged and motivated in a learning environment that featured points, levels, and other game mechanics. Not only that, but this survey has also revealed that employees reported that gamification makes them feel more productive (89%) and happier (88%) at work (TalentLMS, 2019). And, we all know, when your employees are happy - your customers are happy, which then leads to remarkable business growth and increased revenue.

With Xenios Academy, the learning process seems to be nothing short of fascinating.

3600+ LESSONS TO EMPOWER YOUR ESTABLISHMENT

What about content? In partnership with top-tier industry experts, an extensive selection of 18 courses comprising over 3600 lessons has been meticulously crafted for hospitality industry employees. The development process was inspired by literature and curricula from some of the world’s most renowned hospitality management programs. As a result, Xenios Academy’s comprehensive program has been devised, consisting of training courses in: 1) Hospitality management, 2) Front office fundamentals, 3) Housekeeping fundamentals, 4) Cultural awareness, 5) Kitchen fundamentals, 6) Restaurant service, 7) Catering and events service, 8) Wine production and service, 9) Bar and beverage, 10) Coffee, Latte art, and barista, 11) IT and security fundamentals, 12) Marketing and digital marketing, 13) Corporate finance, 14) Human resources, 15) Psychology of consumer decisions, 16) Psychology of communications, 17) Mental health awareness, and 18) Physical health awareness.

Best of all - Xenios Academy’s team has revealed that even more courses will be introduced to the platform in the upcoming months - all at no additional cost to you.

AN OPTION FOR CUSTOMIZED TRAINING

TAILORED TO YOUR SPECIFIC BRAND NEEDS

Xenios Academy recognizes that every brand possesses a unique identity, one that often calls for personalized training solutions. That’s why they have developed a mobile platform that also provides an option to effortlessly integrate your existing brand’s learning resources alongside Xenios Academy’s own materials.

What does this mean exactly? For instance, if your brand spans across multiple sites and requires consistent, standardized training to uphold its brand identity, Xenios Academy platinum plan might be the perfect solution for your business. Not only does this plan offer a seamless integration of your brand’s learning materials, but it also employs artificial intelligence driven systems to create a cohesive and engaging learning experience. This ensures that your employees - especially new ones - receive the highest quality training, empowering them to become brand ambassadors and deliver outstanding service.

Don’t miss this opportunity to elevate your brand and invest in your company’s success. Take advantage of Xenios Academy’s platinum plan, and watch your brand’s consistency and reputation soar to new heights. Act now and propel your business towards unparalleled success – because your brand’s excellence starts with exceptional training.

Interview with ŽELJANA BABIĆ, Co-Founder of Xenios Academy

Amidst the competitive landscape of the hospitality industry, Xenios Academy emerged as a comprehensive solution for the education of professionals across the hospitality sector. With evolving requirements and operational practices in the hotel and catering industry, it is essential to have skilled individuals capable of meeting clients’ precise needs. As one of the founders of Xenios Academy, Zeljana Babic was kind enough to offer an in-depth perspective on the company’s offerings and vision.

How did your journey into the luxury hospitality industry begin?

My journey into the luxury hospitality industry began in November of 2011, as I took a couple of years off from college to earn money for my higher education in the United States. I hopped to the opportunity to work at At.mosphere, the world’s highest restaurant, situated on the 122nd floor of the Burj Khalifa. This experience not only exposed me to the intricacies of luxury hospitality but also allowed me to appreciate the significance of service excellence in creating memorable experiences for guests.

Following my work experience in Dubai, I moved to London to work at The Ritz, further honing my skills and gaining valuable insights into the world of luxury hospitality. After saving enough money, I went on to pursue my education in psychology and neuroscience at the University of California

San Diego.

Early last year, during an interesting and highly stimulating conversation with my future co-founders Marco Corallo and Filip Babic, we realized that our combined experience in neuroscience, hospitality, and graphic design presented the perfect opportunity to create something truly fun and unique. This realization led to the establishment of Xenios Academy and our mission to revolutionize hospitality education by offering a highly gamified, comprehensive, and effective mobile training program that empower professionals to excel in their roles and contribute to an exceptional guest experience.

Why focus on education in the hospitality sector?

As someone who deeply values education and has been fortunate enough to obtain multiple undergraduate and graduate degrees in both psychology and neuroscience from the University of California San Diego, I understand its transformative potential across all fields. In the hospitality sector, education plays a vital role in equipping professionals with the knowledge, interpersonal skills, and motivation they need to consistently provide exceptional service to guests.

Recognizing that many adults can be resistant to traditional learning methods, we sought to create an inclusive and comprehensive educational platform that incorporates gamification for all types of establishments, from QSRs

to 5-star hotels. Also, as a person in academia, I always like to consult the latest literature on a subject. One of my favorite studies on gamification was published in ScienceDirect in 2020. The authors reported that individuals who were educated with challenge-based gamification raised their performance by up to a stunning 89.45% compared to those who only received lectures (Legacy et al., 2020). By leveraging these principles, we aim not only to enhance our clients’ profitability and elevate the industry’s overall service standard but also to make learning an enjoyable and highly rewarding experience for those working in the hospitality industry.

What are the specific needs of your clientele?

Our clients often require training programs that are specifically tailored to their unique brand needs, focusing on skill development, industry best practices, and staying up-to-date with trends. They seek solutions that are scalable and flexible, allowing for seamless integration as their businesses evolve. Additionally, they prioritize accessibility and ease of use for their employees, ensuring convenient access to training materials. Lastly, our clients expect measurable results and a clear return on investment, highlighting the tangible benefits and impact of our training on their business performance.

What do participants in your programs expect?

Participants in our programs work in a service industry where both managers and customers have high expectations for service quality and performance. Acknowledging these demands, we have developed a platform that integrates AI and highly effective teaching methods grounded in the latest neuroscience research on learning principles. Our comprehensive curriculum offers a range of modules customized for various roles within the hospitality sector, ensuring participants gain relevant knowledge and skills to excel in their specific positions.

Ultimately, our clients expect that their employees, after completing our training, can apply the acquired knowledge to deliver tangible ROI for hotels and restaurants. This includes increased sales, enhanced customer satisfaction, a greater number of 5-star reviews, and more repeat customers, all contributing to a stronger brand reputation and significantly increased overall revenue.

What challenges does Xenios Academy face?

One of the key challenges we face is overcoming resistance to new technologies within the hospitality industry leaders, as some establishments may be hesitant to adopt innovative solutions. Additionally, we must address concerns about the effectiveness of online training compared to traditional in-person methods, ensuring our platform caters to various learning styles and maintains engagement throughout the training process. Furthermore, we need to navigate logistical and infrastructural constraints, such as limited internet connectivity in certain regions, to ensure seamless access and delivery of our training programs across the globe.

Despite these challenges, at Xenios Academy, we are committed ( as well as beyond excited!) to continuously refining our platform and collaborating closely with our clients to address their concerns and specific needs. By leveraging our expertise and innovative technologies, we strive to deliver exceptional, accessible, and engaging training solutions that better the hospitality industry worldwide.

What are the prevailing trends within the hotel industry?

The hotel industry is experiencing a transformative shift with an emphasis on health and wellness, Covid-19 safety measures, technology integration, and personalized guest experiences. As sustainability and wellness gain importance among travelers, hotels are adopting eco-friendly practices and prioritizing well-being through tailored services and amenities. The rise of bleisure travel and the desire for local experiences have led hotels to create dynamic spaces that cater to both work and leisure needs while offering unique, culturally-rich activities. Smart rooms and flexible booking policies round out the trends shaping the industry, as hotels strive to provide unparalleled, modern experiences for their discerning clientele.

Where does the future of hospitality lie across the globe?

The beauty of the hospitality industry lies in its global reach, with hotels and restaurants spanning every corner of the planet. As nomad visas gain traction worldwide, an unprecedented number of travelers are eager to explore new destinations. Beyond traditional hotspots, destinations in Asia, particularly China and India, are expected to experience significant growth due to their expanding middle class and increasing inbound and outbound travel. Meanwhile, the Middle East and Africa continue to carve a niche for themselves with a focus on luxury and sustainable tourism. Last but not least, Latin America and Southeast Asia show great potential, enticing travelers with their rich cultural heritage and breathtaking natural landscapes.

THE FIRST MONTENEGRIN

MOUNTAIN RESORT

Kolašin

Valleys

LIFE AT THE TOP

Montenegro is a real catalogue of all natural beauties. From the idyllic coast on the warm Adriatic Sea with one of the most beautiful bays in the world, national and natural parks, clean lakes and rivers and the deepest canyons, to majestic mountain massifs - everything is packed into a little more than 13 thousand square kilometres. The country made up of astonishing contrasts is the right place to enjoy your stay to the fullest with all your senses, surrounded by the easy rhythm of life. Here dolce vita is brought to perfection.

The stunning region of Bjelasica and Komovi mountains, with the town of Kolašin as its core, is Europe's best-kept ski secret. The mountain gem, Bjelasica mountain and the town of Kolašin are rapidly becoming a new Montenegrin hot-spot destination. Thoughtfully located in the gentle topography of Bjelasica mountain, nine kilometres from the town centre, the first Montenegrin mountain resort, Kolašin Valleys, represents a new real estate community with a unique concept for living at the top.

The carefully designed ski-in/ski-out concept of an exclusive retreat was developed by one of the most famous global planners, the Canadian company Ecosign. The first phase of the master plan of Bjelasica and Komovi is being implemented through Kolašin Valleys - its ski resorts Kolašin 1450 and K16 unite 42 kilometres of ski tracks into the new ski capital of Montenegro and the largest ski area on the Adriatic.

By Its two ski resorts - Kolašin 1450 and K16 - this mountain destination brings a touch of the French Alps to charming hotel apartments and premium chalet villas made of European larch and native uncut stone. Carefully positioned on the slopes and chosen valleys around the

ski slopes, the first two hotels in Kolašin Valleys - Swissôtel Resort Kolašin and Grand Chalet, will open their doors in the winter season 2023/2024. Swissôtel Resort Kolašin at 1600 meters above sea level in the K16 ski resort provides owners with favourable conditions for renting apartments in the Yarrow and Arnica residences, two restaurants, a ski room and an exclusive spa & wellness.

The properties, from studios to two-room apartments, are designed for a pleasant vacation, a refuge after challenges on the ski slopes or time spent in the clean mountain air. The apartments are sold fully furnished. The interior is inspired by the harmony of the elements of the environment - stone, wood and wool, exuberant, hundred-year-old spruces, and the sky, which are reflected in the clean aesthetics of a subtle palette of earthy and pastel tones. Traditional mountain architecture has been given a modern expression here, uniting the hint of old times with the advantages of modern life through high-quality equipment and furniture. Here, skiers will find a refuge for rest after the excitement on the slopes, relaxation with a good wine before falling asleep and a unique offer of the best traditional delicacies prepared according to the local recipes kept for hundreds of years.

As the central point of the K16 settlement, Thyme Residences were created to keep the settlement alive 365 days a year. With numerous retail outlets, funky bars and restaurants, Thyme Residences are that vibrant place close to everything you need for your comfortable stay in a resort. From there you can go cycling, hiking, camping, rafting, in botanical exploration and plenty of other attractions available in the surroundings of the Kolašin Valleys. During clear winter and summer nights, the stars will seem closer than anywhere else.

The modern design of the apartments with a hint of tradition is designed to inspire and please all senses. The lobby bar, restaurants, exclu-

Thoughtfully located in the gentle topography of Bjelasica mountain, nine kilometres from the town centre, the first Montenegrin mountain resort, Kolašin Valleys, represents a new real estate community with a unique concept for living at the top.

Swissôtel Resort Kolašin

sive spa and apartments will have direct access to the ski slopes, providing maximum comfort to future owners. The completion of these residences is planned for the winter of 2025.

A unique mountain paradise with skito-door access, Kolašin Valleys is a place alternately filled with soothing mountain rhythm and the adrenaline and energy of skiers. Ski Village Kolašin 1450 is one of the oldest and most famous Montenegrin ski resorts. By setting new standards and redefining luxury, the design of the Grand Chalet Hotel with its 116 units, ski room, restaurant and retail facilities is designed to last forever. The minimalistic appearance of the wooden ceilings and walls of the apartment gives the impression of a warm and comfortable retreat, and the recessed balconies frame the view of centuries-old forests and gentle slopes. A vibrant hub is a decent, elegant restaurant with floor-to-ceiling windows which bring the landscape of mountain peaks into the space as an unreal sight.

The owners have the opportunity to choose from a collection of 77 accommodation units, from studios of 36 m2 - 42 m2, one-room apartments from 45 m2 - 50 m2 to two-room apartments from 60 m2 - 77 m2. The starting price of real estate is 250,000 euros. The hotel Kilimanjaro will open its doors to its first guests in the winter of 2025.

will open its doors to its first guests in the winter of 2025.

Ski Village Kolašin 1450 is the first ski resort in Bjelasica and the pinnacle of Montenegrin ski tourism with a base station at 1450 meters above sea level. Three ski lifts and a two-seater have been completely reconstructed, and the new six-seater chairlift is considered the best of its type in the region. In addition, two modern six-seaters were acquired, which puts the ski resort Kolašin in a leading position in the region. New ski slopes were built and the existing ones expanded, so the capacity of the ski resort increased to 5,500 skiers per hour.

The sophisticated offer of real estate and the appearance of Kolašin Valleys will be complemented by 73 private chalets in both ski resorts. They are surrounded by hotels, numerous restaurants, bars, shops, a Nordic spa and further developed ski lifts and trails.

The main building of the hotel has 65 accommodation units, from 38 m2 to 84 m2, while the residences include 51 housing units, ranging in size from 32 m2 to 143 m2. The starting price for a one-room unit is 250,000 euros, and 350,000 euros for two-room units.

The newest addition to Ski Village Kolašin 1450, Hotel Kilimanjaro in a central position in the resort dominates the design and concept inspired by the power of nature. From the name to the materials used, the distinctiveness of these properties is emphasized by the use of local stone and wood as timeless values for future owners, allowing them to fully experience the peace, tranquillity and beauty of nature. Two luxurious restaurants, a modern ski room for cleaning, drying and preparing equipment for the next adventure on powder snow slopes, a spa and a gym make up the list of benefits for apartment owners.

The owners have the opportunity to choose from a collection of 77 accommodation units, from studios of 36 m2 - 42 m2, one-room apartments from 45 m2 - 50 m2 to two-room apartments from 60 m2 - 77 m2. The starting price of real estate is 250,000 euros. The hotel Kilimanjaro

In addition to offering a superb skiing experience, Kolašin Valleys is becoming the capital of gastronomy and social life in the mountains of Montenegro, with numerous top restaurants, apres-ski eclectic bars and clubs.

Although it has less than ten thousand inhabitants, Kolašin welcomes five times as many tourists every year. It is bordered by the mountain ranges of Bjelasica and the Biogradska gora National Park. With more than 40 km of ski trails and a hundred ski days, six lakes, dozens of viewpoints, katuns and ten peaks over two thousand meters above sea level, this area is an ideal combination for activities throughout the year, escape from the hustle and bustle of the city and indulgence in nature.

+382 67 712 333 sales@k16resort.com

sales@k16resort.com

+382 67 712 333

K16

10 buildings of Hotel accommodation / 28 Chalets

Bars & restaurants, Ski room, exclusive SPA / Retails

ONGOING PROGRESS:

SWISSÔTEL RESORT KOLAŠIN

offers 116 units, open kitchen restaurant, A la carte restaurant, retails, Ski room, SPA & Wellness

SWISSÔTEL RESORT KOLAŠIN

offers 85 units, restaurant, retails, access to SPA Opening December 2023.

THE THYME RESIDENCES: offers 98 units, Lobby Bar & restaurant, Exclusive SPA, Retails.

Opening scheduled for Winter season 2025.

Hotel Thyme, K16, Kolašin Valleys

Swissôtel Resort Kolašin

KOLASIN 1450

10 Hotel buildings / 45 Private chalets / Bars, restaurants, ski rooms, SPA / Retail spaces.

ONGOING PROGRESS:

GRAND CHALET HOTEL KOLAŠIN:

Studio, one bedroom and two bedroom Units, Total of 116; from 36 m² to 143 m²

Restaurant

Retail Spaces

Ski room

HOTEL KILIMANJARO:

Studio, one bedroom and two bedroom Units, Total of 77; from 36 m² to 76 m²

Restaurants / Bar

14 Retail Spaces / Ski Room +382 67 712 333 sales@k16resort.com

LIVING IN MODERN COMFORTABLE VILLAS AND TOWNHOUSES IN THE HEART OF MONTENEGRO, WITH A PANORAMIC VIEW OF THE BAY OF KOTOR, INSIDE AN ELITE RESIDENTIAL COMPLEX OF PORTOFINO VILLAGEWHAT COULD BE BETTER FOR THOSE WHO APPRECIATE NATURE, HIGH-QUALITY SERVICE, AND ABSOLUTE PRIVACY? HERE, YOU WILL FIND THAT EVERYTHING IS IN PLACE FOR AN ENJOYABLE STAY AND VACATION.

Four-story buildings, featuring one apartment per floor, are designed with either two or three bedrooms, including luxurious two-level penthouses with Jacuzzis on balconies, and twelve special villas with panoramic windows. The roof terraces, which are open for use, form their own special cosy oasis for relaxation and offer a wonderful view of the Bay of Kotor. All of the villas and townhouses have been designed in a modern style, using only natural, high-quality materials and premium appliances, whereas the distribution of rooms was made in accordance with special projects of renowned designers, with the end user in mind. The surroundings of the complex will also surprise you with the wonderful layout made by a landscape architect. Two heated swimming pools, one being an infinity pool with a stunning view of the Adriatic, a Turkish bath, Finnish sauna, gym, squash courts, golf simulator, massage room, wine cellar, indoor and outdoor parking - in Portofino Village - have all been designed for a satisfying stay. Furthermore, the dedicated company that manages the complex will provide you with a full range of services for comfortable living inside the complex. In Portofino Village, you can make your life a memorable combination of relaxation and travel and enjoy the finest environment for work. For all that, Portofino Village is sure to satisfy even the most sophisticated of your desires. All of the villas and houses feature a modern design developed in cooperation with the renowned Dutch brand, EICHHOLTZ, by using only the highest quality natural materials and premium segment technology, applied following the projects of renowned designers.

+382 69 065513

Herceg-Novi, Đenovići, Marići info@portofinovillage.com

portofinovillage.com

STEAK & ROOFTOP BAR

Take flavour to the next level.

Located at the one of the most iconic commercial buildings of the city of Tirana, Aba Business Center, LIFT is about representing a concept of a classic and sophisticated steakhouse combined with style and vibes of a nightlife experience.

WE ARE EXPERIENCED IN HOSPITALITY SERVICES, PROPERTY MANAGEMENT, MARKETING, EVENTS AND MORE.

Located in the iconic Blloku area, SALT is a restaurant nicety percepted from the people behind the REVO group, which are deeply experienced in hospitality services, property management, marketing, events and more. Salt is about tasting the Mediterranean cuisine, seafood and sushi. It is a one-stop shop for food and beverage experiences, providing something for everyone from daytime, dining, nightlife and events.

Rruga

WORLD REAL ESTATE MARKETS – DEMAND, SUPPLY AND STABILITY

Not just in our region, but 2022 was a year of (un)predictable political events, of an (un)anticipated economic slowdown, of (un)expected surging inflation, of what seems (un) stoppable warming weather, and for real estate, the turning point of a cycle. 2022 was characterised by a progressive declining flow of capital in real estate and softening yields, notably due to surges in both interest rate and debt cost.

Hotspots in the region such as Belgrade, Boka Bay and Dubrovnik are expected to continue to prosper even with rising building costs and uncertainty. Other markets, where supply had tried to catch up with the now dwindling demand, such as major markets in Zagreb, Budva etc. may well struggle in 2023 with prices coming under pressure in a changing marketplace.

Clairvoyant rather than scientific skills would be more useful now to try to predict the 2nd half of 2023. With the announcement in the last week of concerns around bank liquidity forcing the closure of Credit Su-

isse and rumours of concerns within Deutsche Bank, this may well trigger a move from cash to bricks and mortar. But many other factors are at play.

In this edition of The Collection, we look at one market which seems to weather all storms – Monaco. We also present pricing and rentals in other major world cities, which shows clearly that there is still significant confidence in the real estate market around the world.

With thanks to our colleagues at Savills Monaco, we are delighted to present their latest market spotlight which makes remarkable reading.

For any assistance in Monaco, please contact:

Fraser Richardson

Savills Monaco

Mobile: +33 6 80 86 29 88

Office: +377 97 70 42 00

Email: fraser.richardson@savills.com

Website: www.savills.mc

Kieran Kelleher, Owner, Savills Croatia & Montenegro

Courtesy of Fraser Richardson

Market overview

A record-breaking year for residential property unaffected by global uncertainty

While many markets began to struggle in the second half of 2022, Monaco real estate experienced a bumper year. Over the year, there were 520 transactions across the Principality, which while lower than the highs seen between 2014 and 2016, is 10% above transaction volumes seen in the past five years.

After a record-breaking year for pricing in 2021, where prices surged past the €50,000 per square metre barrier, 2022 saw the smashing of another record. For the first time, total transaction volume came to €3.5bn for the year, nearly three-quarters of a billion euros higher than the previous record, set in 2019.

Needing the new

This record transaction volume has largely been driven by the new-build market, which also achieved record high sales volumes. New build sales crossed the €1bn threshold for the first time in 2022, precipitated by a large number of properties coming to market; 146 in 2022, which was the third highest number of deliveries ever behind 1993 and 2015. The 88 new build sales that Monaco achieved in 2022 were driven both by the high number of flats coming to market and also by the ongoing construction projects which have led to increased off-plan sales, and represented a nearly 300% increase over 2021 figures. New builds accounted for a record 34% of total sales in Monaco during 2022, an exceptional figure given the

average share of new build sales has been approximately 8% of the total since 2006. The race for space continues in Monaco, both as a result of the pandemic causing global reassessment of housing needs, and because of a change in approach to residence card applications in recent years, meaning greater scrutiny of the size of properties rented or bought by prospective residents. This change has been filtering through the new build market, with many new build schemes offering larger apartments. As a result, the sales of apartments with three bedrooms or more increased by over €830 million in 2022 compared to the previous year and accounted for over 80% of the new build sales across the Principality.

Resale rebound

The number of resales in Monaco has returned to pre-pandemic levels. This rebound has largely been driven by the increase in sales of larger apartments, with two-bedroom or larger property sales increasing by 12% from 2021. Twobedroom properties in particular saw the largest increase in sales with 103 properties transacting, an increase of 18% from the previous year.

The total volume of resales for the year totalled €2.35bn, with 432 properties changing hands. Two-thirds of these properties were priced below the €5m mark; however, increasing numbers of sales at the top end of the market are helping to support rising total sales volumes. The number of properties sold with prices above €10m has increased by over 50% in a year and 300% over the past decade.

Buyers in Monaco tend to be in the 40-60 age bracket and have school-age children. These buyers are also largely still active in business and view Monaco as an economically efficient and safe place for their families. They come from across the globe, but many buyers are British, Italian, Belgian, Scandinavian, and South African. In recent years, there has been an increase of younger buyers, many from the finance and tech sectors who want a European base.

It isn’t just being in Monaco that attracts these buyers and residents – many are looking for properties within specific districts or developments within the Principality. Properties sold in the Monte Carlo and La Rousse districts accounted for nearly two thirds of the total sales within Monaco and just over €1bn of the total second-hand sales volume for the year. Larvotto took the top spot for most expensive district by square metre in 2022, with prices rising 4% on the year to

Source: Savills Research using IMSEE

Photography: Fraser Richardson

€62,000psm; however for a district with so few properties changing hands each year (only five properties sold in 2022 and an average of four properties sell each year), any high price-point transaction has the potential to skew the average price per square metre for the district.

If you build it, they will come

For decades, the prevailing story of the Monaco property market has been one of chronic undersupply. For a microstate less than half the size of Central Park in New York City, this is hardly surprising.

To try to meet the consistently high levels of demand, construction projects continue apace. There are two large projects in the pipeline: Mareterra, Bay House Monaco, and other smaller projects such as Le Luciana, and the second phase of Villa Portofino. The most ambitious of these developments, Mareterra, will add 110 apartments, ten villas, a new port, and a public park, along with other infrastructure, all built on land reclaimed from the sea. Each of these projects will bring much-needed stock to the Principality but will do little to keep up with the consistently high demand across Monaco.

For many prospective buyers globally, the mood for the coming year is decidedly more downbeat than it has been in the previous two years since the pandemic. In the recent Savills Global Agent Sentiment survey, agents reported that there has been a shift in buyer sentiment towards one of caution. Many local agents stated that they are stressing the value of property

as a long-term investment along with the potential for future growth after this period of uncertainty. This caution globally has the potential to further boost Monaco’s property markets as many buyers will be looking for property as a hedge against inflation, global uncertainty, and other more volatile markets, which Monaco can provide in large measures.

Want to find out more about Monaco, how to move there, and the rental market? Scan this code to read on:

A steady ship in stormy seas

With demand outstripping supply across the Principality, it is likely that 2023 will see similar levels of sales and pricing to 2022. In a market such as Monaco, where purchasers are much less reliant on bank financing, the role of interest rates will likely have less of an impact on sales volumes than in other locations. As the volume of sales transactions also strongly depends on domestic purchasers, we expect sales volumes to remain strong with stable prices.

As with the rental sector in other prime residential markets, it is likely that the Monaco rentals market will see another strong year in 2023 as a result of increasing numbers of residents flocking to the Principality in search of quality of life, safe havens from global economic turbulence, and the fact that the sales and resale markets in Monaco are undersupplied. So many new residents will choose to rent before they purchase flats, further supporting rental market performance.

every

Photography: Fraser Richardson

Escape to Sea Glamping, a tranquil oasis nestled along the stunning Montenegrin coastline. Immerse yourself in the wonders of nature and experience the ultimate in luxury camping.

Get closer to nature in one of our comfortable and stylish units, each thoughtfully designed to blend seamlessly into the beautiful surroundings. Wake up to the gentle sound of the waves and the fresh sea breeze and discover the breath-taking natural scenery that surrounds our estate.

Take a break from the hustle and bustle of everyday life and indulge in the local cuisine, bursting with fresh flavours and unique ingredients. Our team will cater to your every need, ensuring that you have a stress-free and unforgettable experience.

Embark on an adventure and explore the untouched wilderness that surrounds Sea Glamping. Discover hidden coves and beaches, hike along scenic trails, or take a kayak out on the crystal-clear waters of the Mediterranean.

At Sea Glamping, we strive to make your vacation a truly exceptional experience, allowing you to reconnect with nature and create memories that will last a lifetime.

SOCCERBET New Level of Entertainment

SOCCERBET is one of the leading innovators in gambling and sports betting industry in Serbia and Montenegro. The company strives to design the best and safest solutions that enable firstclass betting experience for numerous customers every day. Through our strong work ethic, continuous improvements and effort put in business transformation and modernization of our services, we aim to provide next level of entertainment to everyone seeking the thrill of sport and online gaming.

WITH OVER 290 BETTING AND GAMBLING SHOPS all over Serbia and Montenegro, our company provides not only the best land based and online gaming but also top-notch hospitality and guest experience service.

OUR GUESTS CAN TRY THEIR LUCK on various slot machines and electronic roulette machines of the newest generation. All slot machines are connected to a numerous Jackpot system which means that the Jackpot can be won any time on any machines.

OUR PROVIDERS ARE ONE OF THE WORLD’S leading providers of products and services. Our players enjoy the excitement, rewards and innovative features that make our betting and gambling shops so popular.

OUR MISSION IS TO PROVIDE BEST-IN-CLASS CONTENT, services and solutions to the region’s regulated gaming industry. We are proud of our long legacy in gaming and we strive to provide the best possible services and player experience in online betting and gambling.

WE ARE DEEPLY INTEGRATED IN OUR COMMUNITY and we are one of the biggest sport supporters. Soccerbet is one of the biggest sponsors as well as exclusive betting partners of FC Partizan and BC Crvena Zvezda as well as the numerous sport teams and clubs in the region.

SOCCERBET New Level of Entertainment

It takes dedication, perseverance, creativity and an experienced team of professionals to offer our guests finest hospitality.

The Maritim Plaza is the place to meet and celebrate in Tirana. Choose from our 8 event rooms that can accommodate capacities of up to 350 guests. Each room is multi-functional and is equipped with state-of-the-art features. Ideal for banquet functions or cocktail receptions and business meetings.

Tirana,

Beauty and The City offers more than 3,000 fragrances, cosmetics and self-care items.

The world's most amazing fragrances, cosmetics and self-care brands can be found at Beauty and The City. We take great pride in bringing the newest products from the top companies in Albania first. To provide you with an extraordinary experience at our stores, we are located in two of Tirana's finest shopping centers, TOPTANI and Tirana East Gate (TEG).

We are delighted to have you visit our shop and we are happy that our products will be a part of your wonderful journey!

Please reach out to us at our online media channels!

Instagram: beautyandthecity_parfumeri

Facebook: Beauty and The City Parfumeri

Email: beautyandthecity2011@hotmail.com

THE IMPORTANCE OF GOLF IN EXTENDING OUR TOURIST SEASONS

GUEST WRITER FOR THE COLLECTION, P.J. MCLLROY

Golf, similarly to winter sports, is famous for being a challenging endeavour. The size needed to build a golf course, the type of land, the irrigation, the drainage systems… and even the Real Estate and Hotel Facilities.

Butwhy should Governments in developing nations bet on Golf?

Montenegro is perhaps the prime example: a destination with 270 days of sunshine a year, stunning sceneries and a burgeoning tourism offer that targets UHNWI and travellers worldwide.

Looking at examples of destinations, developing and already developed, we realise that countries such as Spain, Turkey, the Middle East or even the USA have built up a number of golf courses which allow for players to enjoy diversity in the same setting. Turkey, with a masterplan for golf development which includes almost 120 viable locations for golf courses, with about 20 already completed. Spain and its famous coastal regions and diverse landscapes is host to over 400 golf courses. The Middle East has made it a point to develop courses in seemingly impossible areas, which make for some of the most unique golf tourism destinations and host to today many worldwide professional and commercial events.

When speaking about the development of golf in Montenegro, as part of a governmental plan to develop the country as an exclusive destination, golf was taken in consideration as a ‘shortcut’ to cut the seasonality of the destination, and to allow for people to enjoy the beautiful landscape during almost the whole year.

Since the renewal of independence, Montenegro has moved forward in terms of its offering and infrastructure. Plenty of new 5-star hotels pepper the coast, flights from the European capitals fill the local airports of Podgorica and Tivat, a new motorway being built which connects the south and the north, and other capital investments which placed Montenegro to become one of the new prime destinations worldwide. But golf is what has been truly missing.

With the beginning of construction of the first championship golf course on Lustica Bay, an Orascom Development Holding project on the peninsula of Lustica within the UNESCO World Heritage Site of the Bay of Kotor, it seems to be the one which will break the walls for golf tourists to begin enjoying their golfing in Montenegro.

We mentioned seasonality. Why does this word keep on coming back?

Golf is a sport which can be played in pretty much any weather condition, thunderstorms permitting. And Montenegro with its 270 sunny days seems to be missing just that: an offer of an activity played by millions of people worldwide, which stimulates development of new areas, investments, and in the final economic growth. Let’s take some numbers in consideration: over the pandemic the participation numbers for golf have grown by 73% in Europe alone according to the EGA (European Golf Association) report. Such numbers, if even if seemingly in a period of general stagnation through lockdowns and travel restrictions, show how passion drives golfers to play even when everything else seems impossible.

Having all of this in mind, as well as the breadth of offer that golf offers within its facilities, golf seems the way to go when it comes to attracting clients during off season times. In our last edition we mentioned what golf brings to the table, and how it affects a destination. Now, as we concentrate more on the general effects on their surrounding area, we can keep our home country Montenegro as a fantastic example:

• 270 sunny days a year;

• Unique sites and locations;

• A gastronomical culture which mixes Mediterranean cuisines but with a unique taste;

• Investment opportunities in a developing destination, member of NATO and future EU member;

Having said this, there are difficulties, as for all large scale investments. First, one course often is not enough, but it is more than so to motivate other investors.

Montenegro, through its visionary approach to tourism after the renewal of its independence, has pinpointed through a golf masterplan about 12 possible locations for golf facilities.

Boka Bay

Golf tourists take the opportunity to visit a country through their tee times. The opportunity to go to a different area of Montenegro, which has such a diverse nature, would allow a visitor to explore other areas which during a summer stay perhaps they would not. It would allow them to visit the different cultural and culinary aspects of our beautiful country, all before, during or after an 18-hole round with family and friends. During their visits and tours of new nations and destinations, golfers enjoy nature, wellbeing, sports as well as relaxation, which makes a mountainous country perched on the Adriatic Sea, with its unique sites a perfect place to enjoy an offseason getaway. Distanced not more than a couple of hours from all European Capitals, and small enough to visit in a couple of days, Montenegro begs for more golf.

With the mentioned Lustica Bay golf course coming up, and other interested investors already lining up for locations and opportunities in this growing industry, and considering the general feeling towards this sport in the Balkan region which keeps on growing in every country, Montenegro promises a bright, and playable, future to all golf travellers.

But why so much confidence in the Montenegro success story with golf?

Montenegro, through its visionary approach to tourism after the renewal of its independence, has pinpointed through a golf masterplan about 12 possible locations for golf facilities. Keeping in line with both the needs of local players for the sport to grow as well as the needs of the tourism industry, locations were selected throughout the country and all its regions to make them easy to connect and never further than at most a 2 hour drive. With the capital investments that have been realized in the last 17 years, such as better road infrastructure, better air travel connectivity, and finally more offers when it comes to accommodation and stay, Montenegro is truly ready to host more golf courses in its landscapes.

Montenegro has continuously proven itself through the years to be a favourite amongst European travellers and Real Estate investors. With low taxes, a favourable investment environment and an ambitious development plan, Montenegro has attracted in the past years many investors, both in large scale projects, as well as people simply interested in a small getaway somewhere where they feel at home. The proof of that are results of sales and FDIs that have been growing consistently for the past decade and have been a great marketing exercise for the country.

And again, why so much confidence: well, experience.

Many countries have based their investment strategies on golf. As mentioned before, Turkey and Spain are great examples. But even the United States: in the nation with most golf structures in the world, the Retirement Systems of Alabama (not the premiere tourism destination in the United States) has invested in the now famous Robert Trent Jones Golf Trail: a risky investment that began in the 80s and has revealed to be one of the main movers of Alabama tourism in the past 25 years, boosting this industry from less than 3 billion a year, to over 14 billion dollars a year. In addition to that, this behemoth project of 468 holes has said to have motivated the arrival of unrelated investors as well thanks to the image this golf trail and its investment has created for that State.

Montenegro has made it a mission to bring golf investments within its borders, and the first is on its way. For the betterment of its tourism offer, for the prolongation of its season to be a destination ‘golfable’ 365 days a

When speaking about the development of golf in Montenegro, as part of a governmental plan to develop the country as an exclusive destination, golf was taken in consideration as a ‘shortcut’ to cut the seasonality of the destination, and to allow for people to enjoy the beautiful landscape during almost the whole year.

year open to everyone.

In the years past, the summer season would start filling the country with visitors from Labour Day and it would last through to September. This is already a step forward from the past, as the aforementioned developments have significantly boosted the coastal economy and have maximized the number of visitors through the summer season. But for a country with potential like Montenegro it is difficult to say that that is enough.

An investment cycle in the north, which began with the introduction of the Citizenship by Investment Program, is now pushing the less developed area of Montenegro, and it opens the doors to more projects and developments. If it is taken in consideration that the Lustica Bay golf course, on the edge of the Bay of Kotor, is coming, it is truly time for Montenegro to grab the opportunities golf gives and use them to its advantage to offer all its visitors and its clients an absolutely complete tourism destination, that covers all bases and allows the entire local population, as well as investors, tourists and Montenegrin residents to reap the benefits and enjoy the opportunities that come with this industry and sport.

The humble writer of this column is a golfer… not a great one… but he still finds himself searching for golf courses wherever he travels and is very disappointed when the opportunity for a nerve wracking 18 holes and a beer on the 19th is not there. Fortunately, golf is still a growing industry and the need for courses to host the 66.6 million players worldwide is higher than ever, specially where this is a new endeavour, like here in Montenegro.

Golf is still a growing industry and the need for courses to host the 66.6 million players worldwide is higher than ever, specially where this is a new endeavour, like here in Montenegro.

Black Lake, Durmitor

Skadar Lake

Automotive, Yachting & Aviation

Voli Motors

BMW & Mini Moris

Bulevar Josipa Broza 27, Podgorica, Montenegro www.bmw-voli.me

Ljetopis Automotive

Mercedes-Benz

357 Kralja Nikole, Podgorica, Montenegro www.mercedes-benz-ljetopis.me

OMR Luxury Store

West 65 Mall, Omladisnkih brigada 86, Belgrade, Serbia www.omrluxurystore.com

Adriatic Bank

Blvd. Džordža Vašingtona 98, Podgorica, Montenegro www.adriaticbank.com

SoccerBet

www.soccerbet.rs

Xenios Academy

www.xenios.academy

Murano Art Galerija

Porto Montenegro, Obala bb, Tivat, Montenegro www.portomontenegro.com/ shop-and-dine/murano-art-gallery

Leading Investment Agency Moskovska 2, Podgorica, Montenegro www.li-consulting.me

Tourist Organization Tivat Palih Boraca 19,Tivat, Montenegro www.tivat.travel

Medicine

Porsche SCG

Porsche Centar Beograd

Zrenjaninski put 9A, Belgrade, Serbia www.porschescg.rs

Netjets

www.netjets.com

Turkish Airlines www.turkishairlines.com

Victor www.flyvictor.com

Sanlorenzo Adria

Porto Montenegro www.adria.sanlorenzoyacht.com

Others

Banka Intesa

Milentija Popovića 7, Belgrade, Serbia www.bancaintesa.rs

Hipotekarna banka

Josipa Broza Tita, Podgorica, Montenegro

www.hipotekarnabanka.com

Fashion, Furniture, Parfumes & accessories

Artisan

Tešanj, BiH

www.artisan.ba

Beauty & The City

Autostrada Tirane Elbasan, Rruga Vilave, Lundër, Albania

beautyandthecity_parfumeri Cubico

Bl Džordža Vašingtona 3/9, Podgorica, Montenegro

www.cubico.co.me

Electronics & Lighting

Bang & Olufsen

www.bang-olufsen.com

Euroluce

Cetinjski put bb, La Galleria, Podgorica, Montenegro www.luceitalia.me

Frette

Galerija, Belgrade Waterfront, Belgrade, Serbia

www.artofliving-byfrette.rs

Fashion Gallery

Obala bb, villa Tara, Porto Montenegro, Tivat, Montenegro

www.fashiongallery.me

La Galeria

Cetinjski put bb, La Galleria, Podgorica, Montenegro

www.lagalleria.me

Lusso Furniture & Design

Radanovići, Kotor, Montenegro

www.lusso.rs

Maria Store

Ul. Svetog Dominika 3, Dubrovnik, Croatia

www.mariastore.hr

Orbico

Serdara Jola Piletića, Podgorica, Montenegro

www.orbico.com

Tenero Fashion

Cetinjski put bb, Linea zgrada, Podgorica, Montenegro www.tenero.me

Hotels

Ambasador Split

Trumbićeva obala 18, Zapadna obala, Split, Croatia www.ambasadorsplit.com

Falkensteiner Belgrade

Bl Mihajla Pupina 10k, Belgrade, Serbia www.falkensteiner.com/en/ hotel-belgrade

Hilton Podgorica Crna Gora

Bl. Svetog Petra Cetinjskog, Podgorica, Montenegro www.hilton.com

Hotel Mona Plaza

Cara Uroša 62-64, Belgrade, Serbia www.monaplaza.com

Hubertus

One&Only Portonovi

Portonovi Resort, Herceg Novi, Montenegro www.oneandonlyresorts.com/ portonovi

Ānanti Resort, Residences & Beach Club

Drobnići bb, Budva, Montenegro www.ananti.me

Avala Resort & Villas

Mediteranska ulica, Budva, Montenegro www.avalaresort.com

Bianca Resort & Spa Mirka Vešovića, Kolašin, Montenegro www.biancaresort.com

Casa del Mare Boutique Hotels

Kamenari bb, Herceg Novi, Montenegro www.casadelmare.me

Crowne Plaza Belgrade

Vladimira Popovića 10, Belgrade 11070, Serbia www.crowneplaza.com

CUE Podgorica

Cetinjska 7, Podgorica, Montenegro www.cue-podgorica.com

Esplanade Hotel Zagreb

Ul. Antuna Mihanovića 1, 10000, Zagreb, Croatia www.esplanade.hr

Meneghetti Wine Hotel & Winery

Bale 52211, Croatiam www.meneghetti.hr

San Canzian Village & Hotel

Mužolini donji 7, Buje, Croatia www.san-canzian.hr

Hotel Europe

Vladislava Skarića 5, 71000 Sarajevo, Bosnia & Hercegovina www.hoteleuropegroup.ba

Via Furcia, 5, 39030 Sorafurcia BZ, Italy www.hotel-hubertus.com

Kempinski Hotel Adriatic Savudrija, Croatia www.kempinski.com

Hyatt Regency Belgrade Milentija Popovića 5, Belgrade, Serbia www.hyattregencybelgrade.com

Ikador Luxury Boutique Hotel & Spa

Ul. Svetog Nikole 2, Ika - Opatija, Croatia www.ikador.com

Kempinski Palace Portorož Obala 45, 6320 Portorož, Slovenia www.kempinski.com/en/istria/ palace-portoroz

Lazure Hotel & Marina Braće Pedišića, Meljine, Herceg Novi, Montenegro www.lazure.me

Maistra Collection

Obala Vladimira Nazora 6, Rovinj, Croatia www.maistra.com

Mamula Island

Mamula ostrvo, Herceg Novi, Montenegro www.mamulaisland.com

Maritim Hotel Plaza Tirana

Rruga Abdi Toptani 18, Tiranë 1001, Albania www.plazatirana.com

Metropol Palace Hotel Belgrade Bulevar kralja Aleksandra 69, Beograd, Serbia www.metropolpalace.com MK Grand Kopaonik Kopaonik bb, Serbia www.grandkopaonik.com

Radisson Collection Morina Tirana Str. Liqeni i, Tirana 1063, Albania

www.radissonhotels.com

Radon Plaza

Dzemala Bijedica St 185, Sarajevo, BiH www.radonplazahotel.ba

Regent Porto Montenegro Porto Montenegro, Tivat, Montenegro www.ihg.com

Saint Ten hotel Svetog Save 10, Belgrade, Serbia

www.saintten.com

Splendid Bečići Becici bb, Budva, Montenegro

www.montenegrostars.com

Stara Čaršija Bar

243 StaroBarska Čarsija, Bar, Montenegro

www.staracarsija.me

Stories Croatian Unique Hotels Ilica 15, Zagreb, Croatia

www.storiescroatia.com

Square Nine Hotel Belgrade Studentski trg 9, Belgrade, Serbia

www.squarenine.rs

Tivat Hotel & Residences

Tivat, Montenegro

www.hotel-tivat.com

Ultima Collection

Geneve, Switzerland

www.ultimacollection.com

Viceroy Kopaonik

Kopaonik bb, Serbia

www.viceroyhotelsandresorts.com/ serbia

Real Estate Projects

Belgrade Waterfront

Beograd na vodi, Belgrade, Serbia www.belgradewaterfront.com

Belgravia Interiors / Real Estate

Bircaninova 28a, Belgrade, Serbia belgravia_interiors

K16

Kolašin, Montenegro www.k16resort.com

Portofino Village

Đenovići, Herceg Novi, Montenegro www.portofinovillage.com

Wellport

Tadije Sondermajera 4a, Belgrade, Serbia www.wellport.rs

Real Estate Agencies

Henley & Partners

The Capital Plaza 13 Sheikh Zayed street, Podgorica, Montenegro www.henleyglobal.com

Sotheby's Realty

Porto Montenegro, Tivat, Montenegro www.sothebysrealty.me

Dream Estate Croatia - Savills

Ramla Beach

Luštica Bay, Montenegro ramlabeachmne

Sea Glamping

Krimovica bb, Trsteno, Montenegro

www.seaglamping.me

Watches&Jewelry

Bvlgari Store

Hotel Regent Porto Montenegro, Tivat, Montenegro

www.bulgari.com

Dodić High Jewelry

Avenia Dubrava 2, Zagreb, Croatia

www.zlatarna-dodic.hr

Excelsior Fine Watches & Jewellery

Lumen Homes

Ul, Dr Ljubomira Rašovića, Podgorica, Montenegro www.admiralholding.me

Luštica Bay

Luštica Bay, Tivat, Montenegro www.lusticabay.com

Palais & Villa Schellenburg

Ljubljana

Železna Cest 18, Ljubljana, Slovenia www.schellenburg-living.com

Park Residences

Crni Vrh 12, Sarajevo, BiH www.parkresidence.ba

Porto Montenegro

Porto Montenegro, Tivat, Montenegro www.portomontenegro.com

Porto Palace

1 Blaža Jovanovića, Tivat, Montenegro www.generalinvest.me

Portonovi

Portonovi, Herceg Novi, Montenegro www.portonovi.com

Port of Royals

85340 Herceg Novi,Montenegro www.portofroyals.com

The Capital Plaza

Ulica Šeika Zaida, Podgorica, Montenegro www.thecapitalplaza.me

Masarykov put 3, Dvori Lapad Dubrovnik, Croatia www.dreamcroatia.com

Savills Monaco

20 Boulevard Princesse Charlotte, Monaco www.savills.mc

Wine & Dine

Destilerije Zarić

Maksima Markovića 42, Kosjerić, Serbia www.destilerijazaric.com

St. Pietro Dubrovnik

Petilovrijenci ul. 21, 20000, Dubrovnik, Croatia www.stpietro-dubrovnik.com

Galija Beach

Crvena Glavica, Budva, Montenegro galija.beach

Lift Steak & Rooftop Bar Tirana

ABA Business Center, Papa Gjon Pali II” St 1010, Albania

www.liftrestaurant.al

Mola Wine

Rogami, Podgorca, Montenegro www.molawine.me

Salt Restaurant Tirana

Rruga Pjetër Bogdani, Tiranë 1001, Albania www.salt.al

Porto Montenegro, Tivat, Montenegro

www.excelsiormontenegro.com

Mamić 1970

Ul. Frane Petrića 7, Zagreb, Croatia

www.mamic.hr

Roger Dubuis

Geneve, Switzerland

www.rogerdubuis.com

Agencies & Education

Chartwell International School

Teodora Drajzera 38, Belgrade, Serbia

www.chartwell.edu.rs

Congress Travel Studentska 31, Podgorica, Montenegro www.congresstravel.me

Quintessentially

I.Kršnjavoga 1, Zagreb, Croatia

www.quintessentially.com

Cotrugli Business School

www.cotrugli.org

GALIJA BEACH

Budva, Montenegro

Gallia beach, located in the idyllic surroundings of Montenegro's Sveti Stefan, is a true gem of the Adriatic. With its unique red rocks and golden sand, Gallia boasts some of the most stunning scenery on the coast. The beach is surrounded by lush green forests and Mediterranean vegetation, creating a natural paradise for visitors.

Gallia's crystal-clear waters are perfect for swimming and snorkeling, with a vibrant underwater world waiting to be explored. Diving enthusiasts will also find plenty to discover here, with a diverse range of marine life to admire. Visitors can enjoy a variety of activities or simply relax with a drink at the beach bar.

Gallia's location and atmosphere also make it the perfect venue for gatherings and celebrations. From weddings to parties, the beach provides a stunning backdrop for any event. And with guest appearances by famous DJs, visitors can dance the night away under the stars.

The beach's restaurant offers a fantastic gastronomic experience, with delicious local dishes and refreshing cocktails. And as the sun sets over the Adriatic, Gallia provides the perfect spot to enjoy a breathtaking sunset and create unforgettable memories.

I: galija.beach

Fb: Galija Beach

Reservations: +382 69 100 008

Opening Hours: 00-24H

Season Opening - May 20