Podgorica – -The representatives of the Government, of Budva Riviera and Singapore company Aman resorts will sign today a contract about the long term lease of the hotels Sveti Stefan (SAINT STEFAN), Milocer, and Kraljicina plaza (QUEEN’S BEACH).
The negotiations lasted for more than a year. For the lease of Sveti Stefan and Milocer, Aman offered the demanded 1, 6 millions of euros per year, and for Kraljicina plaza 500.000€, with at least 40 millions of investments. Aman has the intention of modernizing Sveti Stefan and Milocer, and they are planning to ruin the present hotel Kraljicina plaza, and to build a new, exclusive one.
Hotels Sveti Stefan and Milocer are a part of HTE Budva Riviera, and Kraljicina plaza is the part of HTE Milocer.