The Hotel Mediteran Ulcinj, located in the coastal town of
Ulcinj
Ulcinj ( cyrl, Улцињ, ; ) is a town on the southern coast of Montenegro and the capital of Ulcinj Municipality. It has an urban population of 10,707 (2011), the majority being Albanians.
As one of the oldest settlements in the Adriatic coast ...
in
Montenegro
)
, image_map = Europe-Montenegro.svg
, map_caption =
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, capital = Podgorica
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, largest_city = capital
, official_languages = M ...
, is one of the first privatization deals completed by the new nation of Montenegro. The hotel was acquired by in July 2005 through the Commerce Court of
Podgorica. The hotel is considered a vital property as part of national economic development.
As part of its acquisition of the resort facility, Husein Becovic through his Becovic Management Group, agreed to invest court-stipulated funds, to renovate the property, in order to return it to its status as a popular destination resort on the
Adriatic Coast
The Adriatic Sea () is a body of water separating the Italian Peninsula from the Balkan Peninsula. The Adriatic is the northernmost arm of the Mediterranean Sea, extending from the Strait of Otranto (where it connects to the Ionian Sea) to the ...
.
The Facility had been a resort and hospitality asset of Ulcinj-based hotel-tourist company, Ulcinjska Rivijera. According to the Purchase Agreement, BMG's required to invest no less than 6,150,000.00 Euros in the renovation of the Property, within a three-year period. BMG purchased the property through a contract executed in Ulcinj; specifically Sales Agreement Number 1171 dated July 25, 2005.
The New York Times cited Hotel Mediteran of Ulcinj, along with
Ada Bojana and
Velika Plaza Velika (Cyrillic: Велика; "great" (fem.) in South Slavic) may refer to:
Places
* Velika (bishopric), a medieval bishopric associated with Clement of Ohrid
* Velika, Bosnia and Herzegovina, a village in Derventa
* Velika Kladuša, Bosnia and ...
of the Ulcinj South Coast of Montenegro, as among "The Top Places to Go in 2010."
Hotel Mediteran provides 134 guest rooms in six guest buildings facing the Adriatic Sea and Stari Grad (old town) Ulcinj. Room range from a standard double bedded room to a family style room which can accommodate up to 4 guests.
[http://www.hotel-mediteran.com/en/the-hotel/accommodation]
References
External links
Becovic Holdings Corporation
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Resorts in Montenegro
Hotels in Montenegro