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[BUSINESS] · Montenegro · 3 sources

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Herceg Novi featured in Montenegro tourism investment guide

Four locations in Herceg Novi, Montenegro, have been included in the “Tourism Doing Business – Investing in Montenegro” publication, a joint initiative by UN Tourism and the Ministry of Tourism. The featured sites include Žanjic, Arza, Sutorina, and Zelenika.

Investment opportunities in Žanjic involve a 14,822 square meter area for high-end hotel complexes, villas, and marinas. The Arza site, spanning approximately 93,330 square meters, is designated for tourism development including wellness and sports facilities. In Sutorina, the Pećine location is slated for a hotel with at least four stars, providing 38 accommodation units and an estimated 38 jobs. Zelenika offers roughly 8,600 square meters for a complex focused on family, educational, and social tourism, with plans for a marina and ferry connection.

Separately, Herceg Novi reported a successful off-season in October, with 4,285 registered guests, marking an 8% increase compared to the previous year. Data indicates a 14.3% rise in individual accommodation arrivals during the September and October period.

Entities

Ministry of Tourism of Montenegro · UN Tourism