February 15th, 2022 - Hotel Adriatic in Dubrovnik is to be transformed from a two-star facility into an elegant four-star hotel

The Maestral hotel group from Dubrovnik has announced a major investment cycle. Over the next few years, the group is planning to make significant investments in its hotels in order to become a luxury hotel chain of the highest category, reports Morski.hr.

Hotel Adriatic is the first announced investment of the Maestral group. It’s to be transformed from a two-star facility into an elegant four-star hotel, retaining the same capacity of 140 luxury accommodation units that offer a beautiful view of the sea and the Petka forest park.

The five floors of the hotel will host a shopping promenade and a modern restaurant with a spacious terrace offering a superb gourmet experience, among numerous other facilities. The hotel will also have a beach and its own parking garage.

A spectacular infinity pool on the rooftop is another attraction the group has planned for Hotel Adriatic, along with a sunbathing area and an exclusive rooftop bar offering a spectacular view of the Elaphites.

Hotel Uvala, a four-star hotel with 51 accommodation units, will undergo an adaptation as well. Remodelling is planned for the interior of the hotel, the accommodation units, the wellness and spa centre, and other hotel facilities.

Together, the reconstruction of Hotel Adriatic and adaptation of Hotel Uvala amount to an investment of 150 million kuna in total.

'We are raising the bar of Dubrovnik's tourist offer with another luxury hotel that will directly contribute to economic growth of the destination as a whole, as well as the Maestral Hotel Group', said Maestral's president of the board Joško Prkačin.

A construction permit has already been obtained for the reconstruction of Hotel Adriatic, and the investment planning will begin immediately after the permit becomes final. Work is scheduled to begin in the fall of 2022, after the tourist season; the new Hotel Adriatic will welcome its first guests at the end of 2023.

Once the works on the two hotels are completed, the investment cycle of the Maestral hotel group is planned to continue with the reconstruction of the Wellness Hotel Vis, for which the necessary permits are currently being obtained. Maestral is planning to turn Hotel Vis into a superb five-star facility from its current category of three stars.

Hoteli Maestral d.o.o., a hotel group owned by PND Strategija d.o.o., consists of five hotels: Uvala, Splendid, Komodor, Vis and Adriatic, ranging from two-star to four-star categories, and with a total of 482 accommodation units. All hotels are located in the Lapad bay, 4 kilometres away from the Old Town of Dubrovnik.

ZAGREB, October 24, 2018 - The Restructuring and Sale Centre (CERP) said on Wednesday it had received three binding offers for the purchase of a 68.94% stake in the Dubrovnik-based Hoteli Maestral company.ZAGREB, October 24, 2018 - The Restructuring and Sale Centre (CERP) said on Wednesday it had received three binding offers for the purchase of a 68.94% stake in the Dubrovnik-based Hoteli Maestral company.

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