Working with an extensive network of contacts built over the years, the HHG hotel development team constantly scans the hotel landscape, seeking land and hotel properties that will gain value from strong management, capital investment, and possible repositioning. These professionals work side by side with owners, lenders, and asset managers to develop strategic operational, capital, and exit strategies designed to optimize financial returns and create long-term value enhancement. Slowly but surely we are gaining a foothold and becoming experts in hotel development on the Adriatic Coast.
We also maintain strong relationships with major institutional investors and key lending institutions to source both debt and equity in all phases of the real estate cycle. Our development team is highly skilled in negotiating brand affiliation agreements and has earned the respect of virtually all the leading hotel brands. Our acclaimed hotels within each brand have garnered respect leading to preferential relationships with each of the major brands. With four hotels under our umbrella and many more to come, HHG has become a key player in Montenegro. With expansions into Greece and Croatia next year, more good things and projects are on the horizon.
Hotel Sato is in the center of Sutomore, just 100 ft. from a sandy beach. It has 274 beds in double and triple rooms and apartments, free Wi-Fi and free parking and features a restaurant that serves traditional specialties..
Montenegro property offers an excellent investment opportunity. The country has a burgeoning tourist industry, bolstered by the government’s Tourism Masterplan 2007-2020, which aims to develop high-end hotels, golf courses and other luxury facilities in order to attract affluent tourists.