May 21, 2018 - Apart from the town’s café, the reception, lobby, as well as the atrium with the fountain were also updated, and the hotel received its first guests inside the new digs. The overall Budva Riviera project saw an investment of one and a half million euro.
With the adaptation and reconstruction of the hotel Mogren, the Budva Riviera hotel group completed a ten-year investment cycle through which they invested more than 40 million euro out of their funds to renovate their five hotels.
So far, the company has completely renovated the hotel Aleksandar in Budva, the tourist resort of Slovenska beach and the hotels in Petrovac Palas and Castellastva. The hotel group had a profit of two million euro last year, their total turnover amounted to a record 21 million euro, and 471,000 over-night stays were achieved.
Text by Vuk Lajovic, on May 21st, 2018, read more at Vijesti
