![]() That’s why, as he stated, our company invests in HR training global marketing and in creating strong partnerships with organisations and companies in the hotel industry. Today, it is just the beginning of the owner’s vision of transforming the Maestral into a tourist destination desirable for all tourists around the world,” said Tsemperas. “Eight months after the renovation began and more than €20m invested, the managers and staff of this hotel will proudly welcome you to a completely renovated building. He said that the owners of Maestral had a vision to turn it into a hotel and entertainment complex according to international standards. The Maestral resort and casino have been a jewel of the beautiful Budva Riviera for 40 years,” said Tsemperas. By new projects, the investors show their confidence and commitment to the economy of this country. The group has been supporting the local economy for ten years now, employing 1,250 people and investing in elite tourism, the banking sector, real estate and the media. “Mr Phua and Mr Stathis bought this historic building less than two years ago and thus made it part of a company group. He thanked the visitors on behalf of the owners Paul Phua and Petros Stathis. The director of Maestral Christos Tsemperas also spoke at the ceremony. He called on the present business people to invest in Montenegro, saying that the goal is to polish this diamond of Europe together for the benefit of all. “In this way, our partners have strongly contributed to achieving international standards in the field of hotel management and sustainable development,” the PM said. ![]() The Adriatic Properties company, as part of the aforementioned investment group, has invested over €150m in the past 10 years. Markovic called in mind that during the last two years, the Monte Rock Group had invested €50m to buy and refurbish the Maestral Hotel. Today we see it in a new design, as a prestigious example of construction on the Montenegrin coast… and the best confirmation of Montenegro and its investment potentiality,” Markovic said. The Maestral hotel has been recognised in Europe and beyond as one of the symbols of Montenegro’s tourism. “Montenegro is a prestigious tourist destination today, one of the most attractive in the whole Mediterranean. Speaking about the Maestral hotel and its owners, the PM said that the government appreciated the efforts, trust and partnership of the company Monte Rock – the owner of the hotel – which did not wait for the international verification of Montenegro’s capabilities, but has been in Montenegro for more than a decade along with its partners. Markovic said that our country had excellent opportunities for developing high-quality tourism, adding that renowned world tourism organizations ranked it at the very top of the lists of forecasted tourism and economic growth for the next period. Government appreciates Monte Rock’s efforts With investors and their investments, we want to get what we need: knowledge and ability to better manage our potentialities,” Markovic said at the opening ceremony in Przno. “We are determined to provide a friendly investment environment, which should stimulate the growth of the economy, development and new jobs. Therefore it is necessary to strengthen institutions and create a favourable business environment, the PM said. He said that the government was strongly committed to swift and quality valorisation of our country’s potentialities, primarily those in tourism. Prime Minister Dusko Markovic was among numerous distinguished guests at the opening ceremony. The hotel & resort Maestral met all the relevant standards and gained the long-awaited 5th star.ĭuring the last two years, the Monte Rock Group has invested €50m to buy and refurbish the Maestral Hotel. ![]() It also has a luxury Wellness & Spa Center. ![]() Each room has a balcony and most rooms have sea views. This state-of-the-art hotel has 185 rooms and 22 apartments of modern and luxurious design. It is located in the Przno village near the Sveti Stefan island, one of the most beautiful parts of the Montenegrin coast. The renovated Maestral hotel was opened on Friday night. ![]()
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