

Other reviews:"Montenegro is the new magnet for people seeking picturesque villas on the Mediterranean."
(Source: Forbes)
Gasoline Cheaper as of Today: prices of all types of fuel will fall for in between two to four Euro cents as of midnight, it has been stated from “Jugopetrol.” As of today, liter of diesel will cost Euro 0, 96 instead of Euro 0, 98, while liter of Eco-diesel will cost Euro 0, 98 instead of Euro 1, 01. Super and unleaded gasoline will be cheaper by four Euro cents as of today and will cost Euro 0, 99.
Minister of Tourism, Predrag Nenezic and Director of the National Tourist Organization, Sasa Radovic Present Results for the First Ten Months: “Total revenues from Montenegrin tourism during the first ten months of this year have reached the figure of Euro 500 Million, which is by 10,76 percent more than during the same period last year”, Minister of Tourism and Environmental Protection, Predrag Nenezic said yesterday. Since the beginning of the year, Montenegro has received 1,13 Million tourists, which is by 4,8 percent more than during the period of reference. Number of foreigners has reached one million.
During the first Eight Months of this year, 422,000 Tourists Registered at Budva’s Riviera: Director of Budva’s Tourist Organization, Jelena Radjenovic says that out of the total number of guests during the first eight months 393,648 came from abroad, which is by one fifth more than during the same period last year. Most numerous groups of tourists have come from Serbia. Their total number has reached 100,000 or by 30 percent more than during the reference period in 2007. Genuine “boom” took place with German market, which has sent 10,044 guests to Budva, which is by 69 percent more than during the same period last year.
Working Estimate of the Direct Foreign Investments of Montenegrin Central Bank (CBCG): New report of CBCG provides a comprehensive listing of announce investments to Montenegrin tourism and infrastructure. Total influx of direct foreign investment since 2001 amounts to Euro 2,89 Billion. CBCG expects claim it would exceed three billion by the end of the year. According to the data of the Finance Ministry for the upcoming year, there is a guarantee for minimum Euro 300 Million in investments.
Delegation from Neighboring Country Visits the Capital: Delegation of Mayors from Croatian region of Primorsko-goranska zupanija from Croatia met with the heads of local authority in Montenegrin capital yesterday. Delegation consisted of the Mayor of the Town of Krk, Dario Vasilic, head of the Malinska Municipality, Anton Spicijaric, president of Omisalj Municipality, Tomo Sparozic, president of Jelenje Municipality, Branko Juretica and president of the Association of Montenegrins in Primorsko-goranska zupanija from Rijeka, Ljubo Radovic.
Government States It Is Taking Measures to Minimize the Impact of the Global Crisis to Tourism: following the meeting with the hotelier earlier this week, government sources warn that all sides must make concessions. Hoteliers, as “Vijesti’s” source notes, cannot demand the decrease of ticket-prices on the side of national airline “Montenegro Airlines” and decrease of taxes, while they insist on keeping the prices of accommodation and other hotel services on the same or even higher level.
Great Interest for the Building of Lift from the Capital Cetinje to Kotor, first passengers at the end of next Year: project would be finance through public-private partnership. Aerial lift Kotor-Lovcen-Cetinje will provide a unique sight, as it would be the biggest and longest in the Adriatic and unique in the world in the sense that it would connect two towns. This lift would give a magnificent view to the sea, the coastline and Montenegrin mountains, which would turn it into a unique tourist attraction for domestic and foreign guests.
Representatives of “Grand Valira” from Andorra Visit Berane:
Delegation of the company “Grand Valira” from Andorra, headed by Joan Valdomat have visited in Berane yesterday. With heads of Municipalities of Berane, Kolasin and Andrijevica, Vuk Golubovic, Mileta Bulatovic and Veselin Bakic, foreign delegation has discussed the possibilities for investments in the region of Bjelasica and Komovi.
Management of Hotel and Tourist Company “Budvanska rivijera” Satisfied with its’ Business Results: biggest hotel company “Budvanska rivijera” has recorded total of 400,000 overnight stays, which is by five percent less than it has been the case during last year. Nevertheless, financial results are far better than it has been the case during 2007.
Meeting of Government Officials and Representatives of Hoteliers, National Tourist Organization and “Montenegro Airlines”: government and expert in tourist industry agreed yesterday to form two operational teams, with the mission to propose urgent measures which should minimize the effects of the global economic crisis to the upcoming tourist season in Montenegro. “We should not expect too much from the upcoming season. Hopes should be in line with the current economic developments at global market and prices should be formed taking that situation into account”, Minister of Tourism, Predrag Nenezic warned.
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