The Collection vol. 41

THE COLLECTION

DISCOVER THE REGION’S FINEST

| AUSTRIA | HUNGARY | ROMANIA THE ULTIMATE Luxury TREASURE CHEST SHOWCASING THE BEST OF THE REGION

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Golf Villas At The Peaks Luštica Bay

Unveiling BOTANIQ CASTLE OF TURA A Cinematic Escape in the Heart of Hungary

Exclusive interviews with Fashion Visionaires: SARA SOZZANI MAINO & CHARLES DE VILMORIN

Introducing RIVIERA MONTENEGROSWISSÔTEL. The New Mediterranean Dream In The Heart Of Budva

ADRIATIC EXPANSION ACCOR’S BOLD GROWTH IN SOUTHEAST EUROPE - BUDAPEST UNCOVERED: FROM GRANDEUR TO HIDDEN GEMS - SAN CANZIAN, CROATIA: THE COUNTRY’S BEST-KEPT SECRET - BANYAN GROUP: MAMULA ISLAND JOINS THE COLLECTION - HOTEL REZIDENT, ŽABLJAK: PEACE IN THE HEIGHTS - LANSERHOF DETOX: MOLECULARLEVEL WELLNESS - NIVODA: THE DIGITAL CORE OF FINE JEWELRY IN THE REGION - WEALTH ON THE MOVE: HENLEY’S 2025 MIGRATION REPORT - SAVILLS GLOBAL LEADERS IN RESIDENTIAL DEVELOPMENT ADVISORY AND MUCH MORE.

Pilot’s Watch Performance Chronograph 41, Ref. 3883

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IMPRESSUM

THE COLLECTION

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TEXTS

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ART DIRECTOR

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TECHNICAL EDITOR

Dolores Ilić

PHOTO

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COVER PAGE

Cover image: Luštica Bay - a year-round waterfront town that’s quickly established itself as one of Montenegro’s most coveted addresses.

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The Collection

Miodrag Spahić . - Vol. 41 (2025) - . - Podgorica

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Luštica Bay

A LIFE SATURATED IN WONDER.

GOLF VILLAS AT THE PEAKS

“If

I had to have a villa on any golf course, this would be my place.”

Those are the words of golf legend Gary Player, and the place is Luštica Bay - a year-round waterfront town that’s quickly established itself as one of Montenegro’s most coveted addresses. Along a stretch affectionately dubbed the Adriatic Riviera, the town covers 690 hectares - four times the footprint of Monaco - and dedicates 90% of its land to unspoiled landscapes. Perhaps this is why life here is characterised by a gentler rhythm than in other luxury destinations, and it’s into this unique spirit that the new golf villas in The Peaks neighbourhood emerge.

As part of Luštica Bay’s third and most exclusive neighbourhood The Peaks, these villas offer an elevated sanctuary while still remaining connected to the lively Marina Village and Centrale’s growing urban piazza complete with essential amenities. The architecture blends modern Mediterranean design with the region’s natural beauty, with every detail conceived to seamlessly extend one’s villa into the natural surroundings. Beyond this inherent design appeal, these residences present a compelling investment proposition. Luštica Bay’s annual property value growth averages 13% year-on-year, and this is before the full roll-out of the Gary Player golf course which the villas overlook. As international recognition grows, The Peaks' villas are exceptionally positioned for significant capital appreciation within the Adriatic's most promising new locale.

LETTING NATURE TAKE ITS COURSE

Gently carved into the rugged topography of the natural landscape, and hugging a highly anticipated 18-hole golf course, The Peaks’ villas are designed by internationally acclaimed architects Block 722 and local firm NRA Atelier.

An organic aesthetic honours authentic Mediterranean traditions, utilising locally sourced stone and warm woods that reflect the destination’s innate colours and textures. This is architecture built with permanence and regional identity in mind. Every detail, from the rough-hewn stone facades to the terracotta roofs and timber accents, reinforces a visible continuity rooted in Montenegro’s DNA.

Spanning from 253 m² to 385 m², the villas are tailored for both lavish entertaining and peaceful reflection. Double-height living areas and master suites - complete with walk-in wardrobes and spacious bathrooms featuring freestanding bathtubs - serve as private enclaves; bi-folding doors create a fluid transition from sun-soaked spaces to private terraces where pools shimmer under the Montenegrin sun; and outdoor kitchens and al fresco dining areas are natural settings for gatherings that stretch into the evening, enveloped by the intoxicating scents of lavender and lime.

CRAFTED BETWEEN GREENS & BLUES

Anchoring The Peaks is a magnificent 18-hole, par 72, Gary Player-designed golf course that stretches across 86 hectares. With elevations ranging from 130 to 310 metres, each swing is framed by breathtaking vistas of the Adriatic and the majestic UNESCO World Heritage Boka Bay. In the words of Player: “When you’ve designed around 130 golf courses on five different continents, you see a lot of wonderful views. I've really never seen a more beautiful place to build a golf course than this.”

Spanning from 253 m² to 385 m², the villas are tailored for both lavish entertaining and peaceful reflection.

Double-height living areas and master suites - complete with walk-in wardrobes and spacious bathrooms featuring freestanding bathtubs - serve as private enclaves; bi-folding doors create a fluid transition from sun-soaked spaces to private terraces where pools shimmer under the Montenegrin sun

But golf adventures are just one element of life at The Peaks. Beyond the greens, a vibrant world of coastal leisure unfolds, centred around the popular marina and its collection of shops, aperitivo spots, restaurants, yachting facilities, and direct access to the Adriatic’s dramatic shoreline. Impossibly clear waters, five pristine beaches, and two sea lounges invite a daily ritual of sun, while a range of activities, events and experiences cater to all ages and passions. From padel courts to paddleboarding, scenic hikes to engaging kids' clubs, and magic shows to operatic showcases, every desire is met with an understated ease.

A PRUDENT INVESTMENT IN A PROMISING MARKET

Now emerging on the global stage, Montenegro is an early entry point into a luxury market poised for substantial growth. Luštica Bay, already home to a cosmopolitan community of over 700 families from more than 50 countries, boasts a stable and consistent annual property value growth that is outperforming many established Mediterranean destinations. Within this promising landscape, The Peaks stands out with its strategic location, worldclass facilities, and unwavering commitment to sustainability. As the Gary Player golf course opens in phases, a notable increase in capital value is expected, further solidifying Luštica Bay’s position as one of the Adriatic’s most promising investment opportunities. Financial flexibility is a cornerstone of The Peaks offering, with villas starting from €2,532,000. Buyers can secure a home with just a 20% down payment and benefit from 0% interest on flexible payment plans extending up to two years post-delivery. This innovative approach allows new owners the unique advantage of moving in during the payment period, and even generating rental income through Luštica Bay’s professional Property Rental Service.

Financial flexibility is a cornerstone of The Peaks offering, with villas starting from €2,532,000. Buyers can secure a home with just a 20% down payment and benefit from 0% interest on flexible payment plans extending up to two years post-delivery.

A MODEL FOR PRIME COASTAL LIVING

To date, more than €575 million has been invested into a hotel, marina, residential zones, and recreational, commercial, and infrastructure facilities. The total investment is projected to reach €1.6 billion by 2033, making Luštica Bay the largest greenfield investment in Montenegro and one of the most significant in SouthEast Europe. At that stage, it will be home to more than 6,000 residents in over 3,000 apartments and 300 luxury sea-view villas, and to seven hotels, including the renowned The Chedi Luštica Bay.

With the destination’s green and blue signature, golf course, five beaches, vibrant events calendar and premium amenities, Luštica Bay is already a dynamic Mediterranean destination well beyond its years. Whether arriving by yacht or utilising the nearby Tivat Airport just 15 minutes away, its appeal lies in its inherent balance: a harmony between nature and design, simplicity and sophistication. There is no manufactured glamour or mimicry. Just a town with its own distinctive identity, where life unfolds at an unhurried pace, and the backdrop is tacitly unforgettable. Indeed, as Montenegro rises on the radar of international travellers and homeowners, The Peaks at Luštica Bay presents a profound invitation to live deliberately. Surrounded by beauty, meaning, and the quiet luxury of belonging.

sales@lusticabay.com

+38277050550

www.lusticabay.com

GREENS

A life saturated in wonder.

It’s impossible to truly describe the feeling felt on Montenegro’s only golf course surrounded by infinite sea views. But you’ll know it as soon as you step between our impeccable greens and the wildest blue sky. The beginning of a life that will forever stir the soul.

BLUES

50

WINE, DINE & ACCOMMODATION

MAISTRA COLLECTION, ROVINJ YOUR WORLD OF DISCOVERY

WINE, DINE & ACCOMMODATION

BOTANIQ CASTLE OF TURA A CINEMATIC ESCAPE IN THE HEART OF HUNGARY

72 A WEEK OF CULINARY DISCOVERIES AT ONE&ONLY PORTONOVI

WINE, DINE & ACCOMMODATION

80

90 WINE, DINE & ACCOMMODATION WINE, DINE & ACCOMMODATION

THE REVIVAL OF VILLA DUBROVNIK: AN ICON ON THE DALMATIAN COAST REOPENS WITH A NEW LOOK

THE ART OF MEDITERRANEAN LIVING: MENEGHETTI’S NEW CHAPTER

100

FAB FASHION, ART & BEAUTY

EXCLUSIVE INTERVIEWS WITH FASHION VISIONAIRES:

SARA SOZZANI MAINO & CHARLES DE VILMORIN

156

146

TRAVEL & DESTINATIONS

ACCOR’S AMBITIOUS GROWTH PLANS FOR SOUTHEAST EUROPE

TRAVEL & DESTINATIONS

INSIDE BUDAPEST: FROM GRANDEUR TO HIDDEN GEMS

194

TRAVEL & DESTINATIONS

MAMULA ISLAND BY BANYAN TREE IN MONTENEGRO

170

TRAVEL & DESTINATIONS

MONTENEGRO HOSTING THE FINALE OF OCEAN RACE EUROPE 2025

182

204

TRAVEL & DESTINATIONS

HOTEL REZIDENT, ŽABLJAKPEACE IN THE HEIGHTS

TRAVEL & DESTINATIONS

SAN CANZIAN

HOTEL & RESIDENCES

CROATIA’S BEST KEPT SECRET

216

LIFESTYLE & WELLBEING

SANTOS DE CARTIER PETIT MODÈLE

’EDITOR S LETTER

We are living in a time of great global uncertainty - an era defined by shifts, challenges, and fast-changing dynamics that inevitably ripple across our region. The tourism and real estate sectors have felt this impact most acutely, pushing us all to reflect, recalibrate, and, most importantly, adapt. Yet within every challenge lies an opportunity, and our mission remains unwavering: to present the finest our region has to offer to the world.

In this spirit, we proudly continue to grow. This edition marks a significant milestone for us as we expand our presence into new markets and prestigious locations, now available in some of the most iconic hotels across Vienna, Budapest, and Bucharest: from the Rosewood and Park Hyatt in Vienna, to the Four Seasons in Budapest, to The Marmorosch and InterContinental in Bucharest, just to name a few.

In this issue, we take you on a curated journey: through the hidden gems of Budapest, including our top hotel picks and the majestic Castle of Tura - an extraordinary venue for unforgettable events. We then sail down the Adriatic coast, where Villa Dubrovnik reopens its doors and Istria shines as one of Europe’s most enchanting destinations. Discover the understated elegance of Meneghetti Hotel & Winery, the refined glow of Maistra Collection, and Croatia’s best-kept secret - San Canzian Hotel & Residences.

October in Rovinj will host the MBF event - a groundbreaking initiative designed to bridge industries and foster genuine collaboration across sectors. As we celebrate the best of Croatia, we must pay tribute to a true icon: the Esplanade Zagreb, proudly marking 100 years of elegance, tradition, and timeless hospitality.

Our story continues in Sarajevo, where major real estate developments like Park Residence, Europe Square, and R Tower are reshaping the skyline. In Belgrade, Delta District rises as a new symbol of urban luxury, anchored by the future InterContinental hotel.

And finally, we arrive in Montenegro. While the season may have started quietly, the industry remains optimistic. A warm

welcome goes to Banyan Tree, now opening its first European resort on Mamula Island. Porto Montenegro continues to evolve, from luxury residences like Vero and Versa, to hosting The Ocean Race Europe finale this September - an event that will place Montenegro on the global stage. Meanwhile, Luštica Bay comes into full swing with Montenegro’s first golf villas, earning praise from none other than golf legend Gary Player himself.

This issue also features exclusive interviews with two remarkable personalities. I spoke with Accor’s Daniel von Barloewen about the group’s ambitious growth plans for Southeast Europe, and with Rico Picenoni, Director and Head of Savills Global Residential Development Consultancy, to explore the role Savills plays in placemaking - advising mixed-use resort developers on creating destinations. These conversations offer valuable insights into development trends, regional potential, and the ever-shifting flow of global wealth, as highlighted in Henley & Partners' 2025 Private Wealth Migration Report.

And as always, we’re cooking up something new - from our Fashion and Wedding editions to a vibrant new Podgorica City Guide.

Thank you for being part of our story. Let’s keep moving forward - boldly, beautifully, and together

With gratitude, Miodrag Spahić Editor-in-Chief

LIFESTYLE & WELLBEING

NIVODA: THE DIGITAL BACKBONE OF THE FINE JEWELRY INDUSTRY IN THE BALKANS

REAL

& INVESTMENTS

MILLIONAIRES ON THE MOVE: THE HENLEY PRIVATE WEALTH MIGRATION REPORT 2025

REAL ESTATE & INVESTMENTS

VERO AND VERSA RESIDENCES A NEW CHAPTER IN LIVING WITH INTENTION AT PORTO MONTENEGRO

SAVILLS – THE RENOWNED EXPERTS IN GLOBAL RESIDENTIAL DEVELOPMENT CONSULTANCY

WEDDING EDITION

DESTINATION WEDDING A LUXURY THAT DEMANDS A TRUSTED COMPANION

PRESENTING TOP6 PROPERTIES IN MONTENEGRO BY CHRISTIE'S INTERNATIONAL REAL ESTATE MONTENEGRO

BRIDGING INDUSTRIES, BUILDING CONNECTIONS: THE VISION BEHIND MBF EVENT

EICHHOLTZ PRESENTS A NEW COLLECTION - CRAFTING THE ESSENCE OF TOMORROW

Experience a world of opulence at RIVIERA MONTENEGRO, a prestigious complex that seamlessly combines luxury living, a five-star hotel, and a captivating shopping mall.

Riviera Montenegro, which includes the world-renowned Swissôtel, operating under AccorHotels, Europe’s largest hospitality company, will stand out as a prestigious living and profitable investment center on the Adriatic, offering luxury, comfort, and exclusivity.

1+1, 2+1, 3+1, and Penthouse options, tailored to your preferences and lifestyle, featuring 212 meticulously designed residences, 144 lavish hotel rooms and an array of 27 exquisite stores across 3,000 square meters, Riviera Montenegro Residences & Swissôtel Budva offer an unparalleled living experience.

A CENTURY OF ICONIC HERITAGE. A LEGACY OF EXCELLENCE. Where extraordinary stories, refined design and timeless memories come to life.

Tivat Hotel & Residences

A Signature Address on the Adriatic Riviera

Set against the shimmering backdrop of Montenegro’s breathtaking coastline, Tivat Hotel & Residences emerges as the definitive choice for those who expect more than just luxury—they demand a lifestyle of distinction. In the heart of the Adriatic Riviera, this refined 5-star condo hotel delivers a rare blend of architectural elegance, Mediterranean charm, and resort-style convenience, just moments from Tivat airport and the ferry port.

THE ART OF BRANDED LIVING

Step into a world where every square meter is curated for sophistication. Our Branded Residences offer 33 exclusive homes—studios, one- and two-bedroom apartments—each designed to harmonize contemporary urban living with soft Mediterranean accents. Whether you’re waking up to sea, mountain, or park views, these turnkey residences come with tailored furniture packages, secure underground parking, and a full suite of premium services including 24-hour security and dedicated concierge.

PARKSIDE APARTMENTS

Elevated Everyday Living

Just steps away, the Parkside Apartments present 44 serviced residences with a focus on elevated comfort and timeless design. Available in one-, two-, and three-bedroom configurations, each apartment features refined interior finishes, smart climate control, and an atmosphere of serene luxury. The crown jewel? A residents-only rooftop pool with sweeping views of the marina, town, and verdant park below. Select furniture packages and access to all communal amenities ensure a seamless, resortinspired lifestyle. Invest in a Legacy of Style

Tivat Hotel & Residences isn’t just a place to live—it’s where memories are made, futures are built, and dreams find their address. Whether you’re investing, relocating, or simply searching for a place that mirrors your ambitions, this is your invitation to something truly rare.

Own the View. Live the Legacy. Redefine the Everyday.

DINE & ACCOMMODATION

From Studio Mornings to Sunset Terraces, Life Happens Beautifully Here

At Luštica Bay, every vacation home is thoughtfully designed to combine the sophistication of hotel-grade services with the comfort and privacy of your own space. Whether you prefer a cozy studio, a spacious one to three-bedroom residence, or a charming townhouse, you’ll find a home that suits your lifestyle.

BOTANIQ

Castle of Tura A

CINEMATIC ESCAPE IN THE HEART OF HUNGARY

HISTORY

Built in 1883 by Baron Zsigmond Schossberger, a leading figure in Hungarian commerce, Castle of Tura stands as a rare jewel of neo-Renaissance and neo-Baroque architecture.

Designed by Gyula Bukovics, a protégé of Miklós Ybl-architect of the Hungarian State Opera-the castle was conceived not only as a residence, but as a statement of elegance and vision.

Following decades of family ownership, the castle's fate reflected the turbulent history of the region: military occupation during World War II, nationalization, and repurposing as a primary school until 1973. Like many aristocratic properties across Central and Eastern Europe-particularly those behind the Iron Curtain-Castle of Tura became a silent witness to shifting regimes and fading noble legacies. By the early 2000s, the onceglorious estate had fallen into disrepair.

In 2016, BDPST Group undertook a monumental restoration project. Over 30 months, the castle was meticulously revived, its heritage architecture brought back to life, its interiors modernized, and its surrounding gardens brought back to its glory.

By summer 2020, BOTANIQ Castle of Tura was reopened as a five-star luxury hotel, ushering in a new era of grandeur and hospitality.

Today, the property is not just restored-it is transformed. The lush greenery, perfectly manicured lawns, and an elegant artificial lake create an otherworldly atmosphere. From the moment you step through the gates, you feel as though you’ve entered a cinematic dream, a setting worthy of a James Bond film. This is more than luxury-it’s an experience.

A PLACE LIKE NO OTHER

Every detail of BOTANIQ Castle tells a story. The entrance welcomes you like an unfolding scene from a period drama, framed by majestic gardens and historic charm. The reception area defies the conventions of hotel lobbies. It feels personal, intimate, like coming home.

And yet, for all its grandeur, the castle is not a museum-it is meant to be lived in. Take the piano, for example-guests are warmly encouraged to sit down and play. The entire space is purposefully interactive, inviting touch, curiosity, and engagement. The antique furniture, worn beautifully with decades of patina, seems to whisper stories of the past, as if the Schossberger family still resides there to this day.

Each of the 19 guest rooms is entirely unique, offering different aesthetics and moods. Whether you stay in a Superior room or one of the grand Schossberger or Krug suites, you'll discover refined touches that rival the best hotels in the world-Rosewood, Four Seasons, Ritz-Carlton. This isn’t a phrase; it’s a feeling you take with you.

Elsewhere, one of the lounges features a design that evokes the dignified elegance of the White House’s Oval Office-a refined, presidential atmosphere perfect for quiet conversations or moments of reflection.

The corridors that connect these rooms are like tunnels through history, adorned with artwork and rich decorative elements that catch your eye at every turn. In fact, many of the decorative objects-figurines, rare books, antlers, and Chinoiserie-are reminiscent of the tradition once followed by European high society: the Grand Tour. After graduation, it was customary for young aristocrats to embark on extended travels across Europe and beyond, seeking cultural refinement and worldly knowledge. The eclectic and often whimsical selection of objects found throughout the castle reflects that spirit of curiosity and discovery-collected souvenirs from imagined or remembered journeys, bringing a personal, almost storytelling touch to each room.

The intimate atmosphere of the smaller salons and the grandiose Palm House and Ballroom makes the castle ideal for those seeking elegant spaces for up to 70 guests. Starting in March 2025, a marquee accommodating up to 200 guests has been available in the castle gardens.

Every detail of BOTANIQ Castle tells a story. The entrance welcomes you like an unfolding scene from a period drama, framed by majestic gardens and historic charm. The reception area defies the conventions of hotel lobbies. It feels personal, intimate, like coming home.

And when it’s time to rest, you’ll find the serenity you seekrooms that are sanctuaries of comfort, elegance, and deep quiet.

Step into the Spa Center, and you're greeted by an entrance that feels as if it’s been lifted from a Gladiator movie-bold, dramatic, carved in stone and shadow, offering a moment of cinematic awe even before your treatment begins.

Mornings begin with breakfast on the rooftop, offering a 360-degree view over the entire estate. Evenings might end with a private dinner under the stars. The tranquillity is total. You’re not just staying here-you’re stepping into a different world.

PRIVATE RENTAL & EVENTS

Endorsed by the Michelin Guide, BOTANIQ Castle of Tura has captivated a global audience with its authentic grandeur and modern elegance. And now, it has opened a new chapter: exclusive private rentals for groups seeking unforgettable occasions. With its 25-acre (10-hectare) park, BOTANIQ Castle of Tura offers an inspiring setting for cultural programs, corporate retreats, or once-in-a-lifetime weddings. Intimate salons, the grand Palm House, and enchanting outdoor spaces create a flawless blend of luxury and charm. The castle can host up to 70 guests indoors, while a marquee in the gardens can accommodate up to 200 guests.

From the Botaniq Spa and gym to carefully curated gastronomic experiences, every facet of your stay is designed with intention. The result is an atmosphere that is both timeless and personal-a harmonious fusion of history and contemporary elegance.

Complementing its comprehensive wellness, fitness, and gastronomic offerings, the castle features 19 guest rooms. Guests can choose from a variety of room categories, including Superior and Deluxe rooms, as well as Junior, Executive, Schossberger, and Krug suites. Each offers unique dimensions and stunning views of the castle gardens, ensuring an unforgettable stay.

Where every golden hour invites a new story to unfold.

jumeirah.com/MarsaAlArab

Tucked into the lush western coast of Istria, Rovinj is a Croatian gem that continues to shine ever brighter. Once known primarily for its romantic cobbled alleys, baroque facades, and picture-perfect views of the Adriatic, this historical city has, in recent years, established itself as a destination of gastronomic excellence. And nowhere is this transformation more elegantly embodied than in Grand Park Hotel Rovinj, a luxurious landmark and home to Cap Aureo, the restaurant that recently earned its first Michelin star – a fourth one for Rovinj that now is the only city in Croatia with so many stars.

As the flagship of the Maistra Collection and a proud member of The Leading Hotels of the World, Grand Park Hotel Rovinj is more than just a hotel-it is an architectural and experiential marvel. Designed by the celebrated Italian architect Piero Lissoni, the cascading structure seamlessly blends with the pinefringed hillside facing Rovinj’s historic Old Town. From every level, be it the suites, the spa, or the rooftop restaurants-the views sweep across the glittering marina to St. Euphemia’s Church and the tiny island of Katarina.

The hotel’s beating heart, however, lies in its Albaro Wellness & Spa, a sprawling 3,800 square-metre sanctuary devoted to Istrian wellness traditions. Spread over two floors and featuring indoor and outdoor pools (including a 50-metre top-floor pool with panoramic views), the spa’s true magic lies in its treatments. Therapies begin with a sip of local rakija, a nod to Istria’s folk medicine, followed by signature rituals like the Batana bodywork therapy or the immersive herbal treatments based on native plants and spirits.

While the upper floors cater to the hotel’s guests, the Lungomare Plaza at the base of Grand Park is a lively, public-facing promenade lined with upscale boutiques, cafes, and restaurants. Here, locals and visitors mingle against the backdrop of Rovinj’s timeless charm. The Park Concept Store, an exclusive retail space

inspired by the likes of Colette in Paris or Liberty in London, adds an international flair to the city’s fashionable coastal life.

And yet, among all of Grand Park’s offerings, the most captivating stories are told not on its walls, but on its plates-particularly those at Cap Aureo.

Suspended on the fifth floor of Grand Park Hotel, with floorto-ceiling glass framing the sea, Cap Aureo offers more than just a view-it delivers a new narrative for Mediterranean fine dining. Led by Chef Jeffrey J. Vella, Cap Aureo has just earned its first Michelin star, placing Rovinj firmly on the global culinary map and adding fresh energy to Croatia’s evolving gastronomic identity.

Calling itself a “vegetable-loving space”, Cap Aureo doesn’t just cater to current trends-it redefines them. The tasting menu, comprising approximately 20 meticulously crafted courses, is a masterclass in locality, sustainability, and creativity. What sets the restaurant apart is not just its produce-driven approach, but how it embraces micro-seasonality. Menus change monthly, with certain elements shifting every few weeks in response to the nuanced rhythms of Istria’s climate and fields.

“We evaluated global trends but wanted to bring something personal to the table,” says Vella. “It’s not only about sustainability or wellness, though those are important, but about showcasing how much can be done with vegetables and local ingredients. It’s a challenge, but also an opportunity to tell stories that resonate.”

Those stories begin with the ingredients. Cap Aureo collaborates closely with local farmers, fishermen, and foragers, many of whom have become regular contributors to its menu. Think wild carrots handpicked for a pigeon dish, or locally caught mackerel served with kohlrabi leaves and potato peels-dishes that honor traditional Istrian practices while transforming them into high art.

Even the wine list has been thoughtfully curated. With a strong presence of Croatian wines and sparkling labels, including rare vintage champagnes-it is a celebration of terroir in every glass.

Suspended on the fifth floor of Grand Park Hotel, with floor-to-ceiling glass framing the sea, Cap Aureo offers more than just a view-it delivers a new narrative for Mediterranean fine dining. Led by Chef Jeffrey J. Vella, Cap Aureo has just earned its first Michelin star, placing Rovinj firmly on the global culinary map and adding fresh energy to Croatia’s evolving gastronomic identity.

Cap Aureo's format is equally innovative. The open kitchen offers guests a front-row seat to the culinary ballet, while the chef’s table experience allows a more intimate, behind-the-scenes encounter with Vella and his team. Guests are even invited to participate in the narrative: each menu is presented as a notebook, where diners can jot down their impressions alongside those of past visitors-a living archive of memories, reactions, and tastes.

Design-wise, Cap Aureo is in harmony with Grand Park’s overall philosophy: minimal, elegant, and immersive. The atmosphere is refined yet relaxed, with the warm hospitality of the team grounding the elevated cuisine.

Receiving a Michelin star is not just a personal achievement for Cap Aureo-it’s a milestone for Rovinj and a testament to what thoughtful, rooted, and bold cooking can achieve. It reinforces Istria’s place not only as a haven for food lovers but also as an innovator on the global culinary stage.

The Michelin team first turned its eye toward Rovinj with the first Michelin star over 10 years ago, last year with the award to Agli Amici Rovinj, a two-star restaurant also part of Grand Park and operated in collaboration with the Scarello family of Italy. With Cap Aureo’s new Michelin star, Rovinj becomes the only Croatian town with multiple Michelin stars, a distinction that few small cities in Europe can claim.

As visitors meander through the charming lanes of the Old Town or sail along the sparkling Adriatic coast, they can now look forward to experiences that are as rich in taste as they are in beauty. Whether it’s an herbal steam at Albaro Spa, a sunset over dinner at Cap Aureo, or a story scribbled in a leather-bound notebook, Grand Park Hotel Rovinj and Cap Aureo invite every guest to become part of a living, evolving story-one filled with luxury, authenticity, and unforgettable flavor.

www.maistra.com

With Cap Aureo’s new Michelin star, Rovinj becomes the only Croatian town with multiple Michelin stars, a distinction that few small cities in Europe can claim. As visitors meander through the charming lanes of the Old Town or sail along the sparkling Adriatic coast, they can now look forward to experiences that are as rich in taste as they are in beauty.

HEAVENLY BEAUTY. HELLISHLY GOOD.

The sky above, the earth below, and peace within.

Surpassing limits, taking in new horizons, savouring the feeling of boundless freedom: That’s never been easier than at Alpin Panorama Hotel Hubertus in Olang. The family-run hotel at the heart of the Dolomites has been pushing the boundaries for years – in terms of both hospitality and architecture. Since last year, Hubertus has been shining with a new architectural masterpiece, which – like its spectacular Sky Pool – floats between sky and earth: Heaven & Hell, the elegant platform that is turning wellness upside down – quite literally.

A Viennese Landmark, Reinvented rosewoodhotels.com/en/vienna

A WEEK OF CULINARY DISCOVERIES AT

One&Only Portonovi

Summer destination where flavours, culture, and elegance are subtly entangled

Tucked between the ancient mountains of Montenegro and the shimmering blue of the Adriatic, One&Only Portonovi is more than a destination-it is an invitation to indulge all the senses.

Within this sanctuary, travellers with a passion for fine food, cultural immersion, and exquisite experiences will discover a carefully curated programme of epicurean adventures across One&Only Portonovi’s world-class restaurants and bars.

From Wednesday to Sunday, every meal tells a different storyfrom the smoky seduction of open-fire grills to refined Italian cuisine.

LA VERANDA

MONTENEGRIN CULINARY HERITAGE REIMAGINED AT LA VERANDA

Midweek, La Veranda offers a dining experience unlike any other. Come Wine with Us brings guests together every Wednesday at 7 PM around a single glowing table for six. Think unforgettable pairings, countless conversations, and an atmosphere so intimate it feels like a secret. With chefs and sommeliers as your storytellers, each dish is prepared, presented, and shared in the moment. Reserve your front-row seat to the magic.

Sundays are reserved for a refined take on a beloved Montenegrin tradition: the Sunday Roast at La Veranda. Fire flares up at 8 PM. Enjoy a sip of rakija or sparkling wine before immersing yourself in lavish platters of succulent roast meats, seasonal vegetables, and decadent sauces, all served alongside a mesmerising folklore performance. It’s a symphony of flavour, ritual, and culinary artistry.

COME WINE WITH US

La Veranda

Wednesday / 7 PM

EUR 200 per person including wine

Max 8 guests

SUNDAY ROAST

La Veranda

Sunday / 7 PM

EUR 150 per person

SPIRIT OF MEDITERRANEAN

TOGETHERNESS AT SABIA

The soft Adriatic breeze carries the scent of fresh herbs, Italian sauces, and homemade pasta from Sabia’s kitchen, where each day brings a new story to the table.

As the week winds down, the energy rises with the much-loved Levantine Barbecue every Friday at 8 PM. The Beach Hut, the resort’s beachfront cocktail bar, offers the perfect canvas for unforgettable seaside experiences, with sand underfoot and stars

SABIA

LEVANTINE BARBECUE

Sabia (The Beach Hut)

Friday / 8 PM to 11 PM

EUR 150 per person

PRANZO DELLA NONNA

Sabia

Saturday / 12 PM to 4 PM

EUR 95 per person

overhead. This gathering which unites grilled delicacies, glowing coals, and a convivial barefoot atmosphere, will transport you into a world of Arabian enchantment. It’s coastal dining with soul.

On Saturdays at noon, Sabia becomes the backdrop for Pranzo della Nonna, a Mediterranean brunch that feels like a family gathering. Aperol Spritz on arrival, sharing plates, and a warm sense of togetherness, this is an ode to connection and simplicity. Hand-rolled pasta, roasted meats, and golden focaccia fresh from the oven form the heart of this laid-back feast.

TAPASAKE

CRAFT ELEVATED BY CREATIVITY AT TAPASAKE

Set beside One&Only Portonovi’s tranquil waters, Tapasake is known for its refined take on fusion cuisine, where Japanese tradition meets contemporary Mediterranean artistry.

On Thursdays at 7 PM, the restaurant hosts an intimate Chef’s Table experience. Sushi becomes theatre, as each guest shapes their own creations under the watchful eye of the masters, complemented by curated sake or mini cocktails. It’s a celebration of precision, playfulness, and personal flair.

Contact details for our restaurants: restaurants@oneandonlyportonovi.com

+382 031 691 007

CHEF’S TABLE

Tapasake

Thursday / 7 PM

EUR 200 per person

Max 18 guests

TAPASAKE POOL CLUB

Tapasake

Every day / 1 PM to 8 PM

EUR 60 minimum spend per person

*All prices are in euro and subject to 10% service charge

And if you're looking for the ultimate summer afternoon vibes, Tapasake Pool Club comes alive daily from 1 PM to 8 PM with the energetic DJ Day Party or the distinctive DJ & Saxophone show. Immerse yourself in moments where vibrant beats, handcrafted cocktails, and a remarkable fusion of Japanese and Mediterranean cuisine create an unforgettable experience.

Whether enjoying fresh handmade pasta by the sea, sipping wine beneath the mountains, or toasting to twilight with firelit fare, every moment at One&Only Portonovi is a tribute to the senses. Here, dining transcends taste - it becomes memory, tradition, and discovery.

55M STEEL • AVAILABLE WINTER 2025

Inspired by the optimism and promise of La Belle Époque, The Marmorosch I Autograph Collection reinvents the art of fine living from a bygone era with an exciting touch of modernity.

Situated in the former palace of Romania’s most powerful bank of the early 20th century, The Marmorosch encompasses the true essence of Romanian hospitality excellence, offering 217 state-of-the-art rooms and suites, four meeting rooms, five food & beverage outlets, 24/7 fitness centre and SPA facilities. Wherever you choose to invest your time – the Discovery of grandeur awaits.

THE VAULT

The Vault speak-easy bar is situated in the old vault of The Marmorosch I Autograph Collection that once stored the treasures of the most influential figures of the Romanian society during the late 19th century. The signature cocktails represent the epitome of reliving history and creating stories worth telling.

THE REVIVAL OF

Villa Dubrovnik

AN ICON ON THE DALMATIAN COAST

REOPENS

WITH A NEW LOOK

Croatia’s most exclusive hotel, Villa Dubrovnik, reopens its doors, following a multi-million Euro transformation by the internationally acclaimed Brazilian design firm, Studio Arthur Casas. Perched on a cliff in the prestigious Sveti Jakov area, a short stroll from the Old Town, the 56-room hotel reclaims its status as a benchmark for luxury. Since its last guests departed on October 2, 2023, the hotel has undergone a complete reimagining, making its return one of the most highly anticipated events on the Adriatic coast.

Originally built in 1961 as a residence for political elites, during construction its function was changed, and it was finished as an annex to Hotel Argentina. In the 1970s, with a few additions, Villa Dubrovnik was converted from an annex into a 30-room boutique hotel, and in 2003, it doubled in size setting a new precedence for luxury hotels in the city. Today, Villa Dubrovnik’s distinctive architecture remains a striking contrast against the emerald Adriatic, offering guests legendary views of Lokrum Island and the Old Town.

THE DESIGN

Drawing inspiration from the rich history, landscape, and cultural heritage of Dubrovnik, the design integrates colours and textures that reflect the city’s landscape such as stone, wood, handglazed terracotta tiles and ceramics. The colour palette includes white, sand, and beige tones, mirroring Dubrovnik’s stone walls, which protected the city from invaders such as the Venetians, while warm shades of terracotta pay tribute to the city’s rooftops.

The design creates a synergy between the environment and cultural heritage, subtly incorporating traditional Croatian lace patterns and UNESCO-recognised dry-stone formations. Celebrating local craftsmanship, the spaces feature polished wood, local stonework, and bespoke furniture from Arthur Casas and Prostoria, such as the Dubrovnik lamp and custom sofas. The

hotel serves as a curated gallery, showcasing prominent Croatian artists like painters Ivana Pegan and Dubravka Tulio, sculptor Ivo Dimnić, and fashion designer Juraj Zigman, whose extravagant staff uniforms narrate a story of the hotel's identity. This local talent is complemented by a showcase of international design, with classic and contemporary pieces from a roster of visionaries including Gio Ponti, Patricia Urquiola, Pierre Paulin, and Eileen Gray, creating a rich, layered aesthetic throughout the property.

ROOMS & SUITES

The hotel now presents 56 rooms, suites & residences, from serene guest rooms to signature suites whose names are drawn from the old Dubrovnik dialect, such as the Romantiko, Beleca, and Mirakul suites. Each room offers views of either the Adriatic Sea, Lokrum Island, or the UNESCO-listed Old Town, paying homage to the city’s heritage with furniture from international designers Gio Ponti and Paula Lenti that blends modernist minimalism with timeless elegance.

RESTAURANTS AND BARS

The hotel’s culinary offering is spread across two distinct restaurants and two bars. The Michelin recommended Pjerin Restaurant offers a fine dining menu from Executive Chef Robert Račić, rooted in fresh Croatian ingredients and daily Adriatic catches, all set against a panoramic terrace overlooking the Old Town. For relaxed Mediterranean fare, Giardino Restaurant provides a tranquil oasis within a garden of pine and stone. The Libero Bar offers a library with displays of historic costume replicas, while the Galanto Bar, Dubrovnik’s only rooftop bar, is the ultimate setting for sunset cocktails with sweeping city and sea views.

The hotel’s concierge team can arrange an array of personalised excursions, including sailing on a private boat to the Elafiti Islands, exploring the renowned vineyards of the Pelješac peninsula, or discovering the art hidden within the walls of the Old Town.

EXPERIENCES

Villa Dubrovnik offers a secluded beach at the foot of the cliff, a spa and wellness centre – Villa Spa – complete with a fitness centre and indoor swimming pool, which features floor-to-ceiling windows and a sundeck with panoramic views of the Adriatic. The hotel’s concierge team can arrange an array of personalised excursions, including sailing on a private boat to the Elafiti Islands, exploring the renowned vineyards of the Pelješac peninsula, or discovering the art hidden within the walls of the Old Town. Other curated activities include mindful hiking, sunset horseback riding in the Konavle countryside, and private tours through the heart of the city's rich history.

Deeply committed to sustainability, the hotel has earned a Green Globe certification. This ethos is brought to life through "The Gardens of Dubrovnik" initiative, which transformed the property’s rooftops and outdoor spaces with indigenous Mediterranean flora, including the vibrant bougainvillea cascading from each balcony.

THE FREEDOM TO BE

Inspired by the famous words of Dubrovnik poet Ivan Gundulić – “Oh beautiful, oh dear, oh sweet liberty” – Villa Dubrovnik’s new ethos, “At liberty to be”, celebrates the value of freedom that has defined the city for centuries. Echoing the legacy of the Dubrovnik Republic, which famously banned slavery and resisted foreign rule under its “Libertas” banner, the hotel invites guests to find their own freedom-from noise, from scrutiny, and from the ordinary. Perched in near silence above the Adriatic, Villa Dubrovnik offers today’s rarest luxury: the freedom to simply be.

Rates start from €600 per night (April & 1 -9 November) on a B&B basis in a Superior Sea View Room.

Rates for May & October start from €900 per night on a B&B basis and €1,250 per night on a B&B basis from June – September.

villa-dubrovnik.hr/en/

Villa Dubrovnik offers a secluded beach at the foot of the cliff, a spa and wellness centre – Villa Spa – complete with a fitness centre and indoor swimming pool, which features floorto-ceiling windows and a sundeck with panoramic views of the Adriatic.

Each room offers views of either the Adriatic Sea, Lokrum Island, or the UNESCO-listed Old Town, paying homage to the city’s heritage with furniture from international designers Gio Ponti and Paula Lenti that blends modernist minimalism with timeless elegance.

THE ART OF MEDITERRANEAN LIVING:

Meneghetti’s NEW

CHAPTER

There are destinations that dazzle, and then there are those that linger in the soul.

Meneghetti Wine Hotel & Winery 5*, a proud member of the esteemed Relais & Châteaux collection, does not demand attention - it quietly earns devotion. Nestled discreetly among Istria’s whispering vineyards and ancient olive groves, this refined retreat offers more than just an escape; it embodies a way of life.

With 58 rooms, suites, villas, and private residences spread across a meticulously maintained estate, Meneghetti is a sanctuary of cultivated luxury. It features its own olive groves and vineyards, tennis court, golf driving range, and a host of refined pleasures that elevate it far beyond the ordinary. This is not merely a Mediterranean hideaway - it is one of the most remarkable estates of its kind in the region: rare, resplendent, and resolutely unique.

A NEW CHAPTER: REDEFINING MEDITERRANEAN ELEGANCE

This season, the estate enters a poised and elegant new chapter. In 2025, Meneghetti unveils a trio of transformative spaces: the reimagined seaside sanctuary that is the Meneghetti Beach Club, a breathtaking new events venue, the Garden Pavilion, and an expanded Meneghetti Spa, created for those who do not merely visit the Adriatic - they live it.

SEASIDE REIMAGINED:

ISTRIA’S MOST ELEGANT BEACH CLUB

Just beyond the estate, where the land gives way to the softly lapping Adriatic, lies the newly reimagined Meneghetti Beach Club. This is no mere beach - it is a coastal salon of effortless refinement, where shaded cabanas, signature cocktails, and the gentle hush of parasols create an atmosphere of pure Mediterranean grace. Here,

the sea glistens like poured glass. Oysters rest on crushed ice, estate wines gleam golden in the sun, and the soundtrack is a soft rhythm of curated lounge beats. The aesthetic is low-key, yet flawlessly styled. There is no performance here, no need to impress. Just a quietly confident place where time stretches and deepens.

THE GARDEN PAVILION: CELEBRATIONS IN BLOOM

Set amid newly cultivated ornamental gardens, the Garden Pavilion is the estate’s most refined addition. Surrounded by more than 10,000 flourishing plants and over 100 curated species and cultivars, this architectural gem is far more than a venue - it is an atmosphere.

Spanning 500 square metres and hosting up to 200 guests, the Pavilion is designed for the extraordinary: star-lit weddings, elegant dinners, high-level gatherings. A harmonious blend of nature and form, it elevates every event into an experience, framed by the Mediterranean’s lush serenity.

THE SPA: WELLNESS ROOTED IN EARTH

In 2025, the Meneghetti Spa expands into a true sanctuary of elemental stillness. Drawing from the estate’s gardens, its treatments are a hymn to natural wellbeing: lavender, sage, antioxidant-rich grapes, and the estate’s own olive oil infuse every ritual. The air is laced with herbs. The silence is deliberate. The experience is not about indulgence for its own sake, but a deeper kind of restoration - cultivated, slow, and sacred.

SAVOURING THE ESTATE: A TASTE OF TERROIR

Culinary expression is central to Meneghetti’s identity. At its heart is the Michelin-recommended Meneghetti Restaurant & Bar, where Executive Chef Ante Miletić leads a quietly masterful kitchen. The cuisine is refined yet restrained - a reverie of wild

This season, the estate enters a poised and elegant new chapter. In 2025, Meneghetti unveiled a trio of transformative spaces: the reimagined seaside sanctuary that is the Meneghetti Beach Club, a breathtaking new events venue, the Garden Pavilion, and an expanded Meneghetti Spa, created for those who do not merely visit the Adriatic - they live it.

herbs, freshly caught seafood, heirloom vegetables, and wines grown just metres away. For seasonal outdoor dining, Oliveto Restaurant & Lounge Bar offers a shaded sanctuary beneath centuries-old olive trees. The food is sun-kissed, elegantly plated, and never overworked - a tribute to the region’s agricultural soul.

THE WINERY & WINE LOUNGE:

ISTRIA IN A GLASS

Meneghetti’s wines and olive oils offer an ongoing discovery of Istria’s depth and flavour. Each bottle - from bright Malvasia to layered Cabernet Franc - is grown, pressed, and aged on-site, a direct expression of the estate’s terroir and time-honoured craft. Private tastings, guided tours through the barrique room, and strolls through the vineyards and groves allow guests to connect with the land behind each bottle. Award-winning olive oils, handharvested with the same reverence as the grapes, complete the estate’s exquisite offering.

BEYOND THE ESTATE:

THE MENEGHETTI CONCIERGE

Meneghetti is more than a destination - it is a perfectly placed portal into the deeper rhythms of Istria. The in-house concierge crafts personalised itineraries with local flair, creating intimate journeys that reveal the region’s rarest experiences. From truffle hunting in the misty forests of Motovun to sunset glass kayaking across the Adriatic, or private immersions into Istria’s ancient hilltop towns and Roman ruins, each experience is tailored with nuance and a respect for authenticity. This is not tourism - it is a slow, thoughtful unveiling of Istria’s soul.

Set amid newly cultivated ornamental gardens, the Garden Pavilion is the estate’s most refined addition. Surrounded by more than 10,000 flourishing plants and over 100 curated species and cultivars, this architectural gem is far more than a venue - it is an atmosphere.

A SEASON OF STILLNESS, A LIFE OF STYLE

Meneghetti doesn’t strive to be everything - it simply excels at being itself. Rooted in place, unapologetically elegant, and open all year round, the estate offers rare intimacy: from morning yoga among the vines to golden-hour apéritifs at the Beach Club. This is a place where time moves differently. Where luxury is not performed but lived - quietly, fully, and without compromise. Attune to the heartbeat of the Meneghetti Wine Hotel & Winery.

YOU DREAM. WE LISTEN.

Reservations & Information: reservations@meneghetti.hr Events: events@meneghetti.hr T +385 52 528 800 www.meneghetti.hr Meneghetti Wine Hotel & Winery 5* Stancija Meneghetti 1 | 52211 Bale – Istria | Croatia

In 2025, the Meneghetti Spa expands into a true sanctuary of elemental stillness.

Drawing from the estate’s gardens, its treatments are a hymn to natural wellbeing: lavender, sage, antioxidantrich grapes, and the estate’s own olive oil infuse every ritual.

Meneghetti’s signature wines carry the soul of the land and the patience of time. —

Consider this your open invitation to embrace spontaneous serenity — where sun-soaked days, salty air, and quiet luxury await. Lose track of time between sea dips and golden hour cocktails, and let each moment unfold exactly as it should — effortlessly. For reservations, visit hyattregencykotorbayresort.com

Zina:

Let’s start from the beginning. What were you like as a child? You’ve mentioned that you used to stage runway shows at home. Can you tell us more about those early moments-take us into the mind of Charles from the early years of life.

Charles:

Indeed, from childhood, I was deeply drawn to the world of performance and the entire visual universe. I had an extremely rich imagination, and I loved creating shows, directing scenes, designing sets, drawing costumes, planning the lighting, choosing the music... I coordinated all of this with my family members, who happily played along with me. I particularly remember a baptism day when several bouquets of flowers were given. I collected all the tissue papers and transparent wrappings that surrounded the bouquets to make dresses. Then, I organized a little fashion show with my little sister, who wore these improvised paper creations. That remains a very precious memory. I’ve always loved inventing and composing worlds, and I believe that creative drive has never left me.

Zina:

You had that crazy start - a mysterious buyer purchased your entire collection. Sounds like a dream, but success stories always have their flipside. Since then, what’s something that went completely sideways? A show, a piece, a reaction-what didn’t land, and how did you respond to it?

Charles:

It’s true that my career took off very quickly in the beginning. I had to adapt fast, which created a lot of pressure-especially since I was still very young. My time at Rochas was an incredibly enriching experience, but it also came with a heavy weight of responsibility, considering my age and limited experience at the time.

Zina:

Your work carries a strong emotional chargealmost like it’s coded with personal meaning. Are there any recurring symbols or hidden elements that show up in your pieces that most people don’t know?

Charles:

It’s true that my work is often seen as joyful, colorful, almost festive. But within my personality, there is also a much darker, melancholic side that deeply drives and inspires me. I’m very sensitive to mysterious worlds, monsters, and somewhat tortured creatures…

This is something that has touched me since forever and has fueled my imagination since childhood. This darker facet is essential to me, even if it’s not always understood at first glance. Today, I really want to develop it further so that it becomes the main part of my creative expression. It’s an intimate, very important aspect that I wish to fully embrace in my future work.

Zina:

I’M VERY SENSITIVE TO MYSTERIOUS WORLDS,

MONSTERS,

AND SOMEWHAT TORTURED CREATURES…

You’ve spoken about your interest in interior design and film. Your creativity moves fluidly across disciplines-like Virgil Abloh, who blurred boundaries with purpose. With social media as a hybrid space of image, text, and sound, do you think our generation is naturally more multidisciplinary?

Charles:

I think it really depends on the individual-some people want that, and others don’t. But I do believe our generation feels an increasing need to explore different mediums, to take risks, and to express ideas across various platforms. It’s a way to make messages clearer, more powerful, and more meaningful.

Zina:

Relating to the previous question - what would you say is the formula to stay grounded without feeling like you’re chasing too many creative directions at once?

Charles:

I believe it’s crucial to stay true to what you want to express, while remaining aligned with your values and the causes you choose to support. That’s what allows for creative decisions to stay coherent and authentic over time.

Zina:

You were appointed Creative Director of Rochas at a very young age-a fashion house with deep roots in fragrance. How did you navigate that transition? What did your daily life look like during that period? How did you navigate the pressure, what were the biggest challenges and the lessons learned?

Charles:

My daily life as the former artistic director of Maison Rochas was extremely intense. I spent three weeks each month in Milan, which meant I was quite alone during that period of my life, far from my usual landmarks. The commercial pressure from the house was strong, but it was precisely in that demanding environment that I learned the most - especially about readyto-wear. In my own brand, I work exclusively in couture, so discovering and leading the world of ready-to-wear was an incredibly formative experience. I was fortunate to collaborate with a wonderful, small team, which allowed me to be involved in every aspect of a creative studio and to understand each role in depth. The greatest lessons I took from that experience are perseverance and a true understanding of the commercial side of fashion - something I was much less familiar with before. It has greatly enriched my vision and the way I approach clothing today.

Zina:

Presenting haute couture at the Louvre is a rare honour. This year you stood alongside iconic houses like Dior, Valentino, Schiaparelli, Jean Paul Gaultier and many more. Could you take us into that experience? What’s something unexpected or quietly personal that happened-something you’ll never forget?

Charles:

Being featured at the Louvre was an immense honor for me. I was deeply moved when Olivier Gabé, who envisioned and curated the exhibition, invited me to present one of my dresses. I was actually the youngest designer to have a piece exhibited, which made the experience even more special.

What struck me the most was the entire process leading up to the exhibition - the exchanges with the museum’s curators and the creative team behind the project. It was both an incredibly formative and profoundly enriching adventure. Another exceptional moment for me was the Vogue France cover with Isabelle Huppert. It was the first time Vogue created a cover outside of an advertiser collaboration, and I was truly touched by that. For a designer, seeing your work highlighted in such a way - on an icon like Isabelle Huppert - is quite a unique experience.

Zina:

You’ve said you remain focused on the contemporary and future. How do you see the role of Artificial Intelligence in fashion today? Do you use it yourself-and where do you think it might take us creatively?

Charles:

To me, artificial intelligence does not pose any threat to fashion whatsoever. Nothing - no machine or algorithm - will ever be able to replace the human hand or mind. On the contrary, I see AI as a wonderful way to open up to the world and to grow, because it makes culture and references much more accessible. That’s how I primarily perceive it. That said, it’s not a tool I use in my daily work or to create my collections. I don’t incorporate it into my creative process, but I certainly don’t demonize it either. Quite the opposite - I believe that, with clearly defined boundaries, it’s a fantastic tool that can genuinely support and nurture creativity.

Zina:

Our generation is often called “the generation of the distracted.” Focus is now a luxury. What’s your take-and do you think there’s a way to transform it into something creatively productive?

Charles:

It’s true that our generation is constantly distracted, pulled in by billions of images - whether on social media or simply in everyday life. Today, image takes precedence over absolutely everything. I do think it's becoming increasingly rare to have the time - or even the ability - to fully focus on just one thing. But ultimately, it’s also a matter of discipline: you have to know how to impose it on yourself when you genuinely want to do

NOTHING - NO MACHINE OR ALGORITHM WILL EVER BE ABLE TO REPLACE THE HUMAN HAND OR MIND.

things well. And it’s incredibly satisfying when you succeed. For me, it’s even essential. I actually find it beautiful that we now have such quick and immediate access to images. Being surrounded by images all the timethat’s what I love most in the world. I feel lucky to live in a time when this visual abundance is everywhere.

Zina:

Looking back at your work from 2020 to now, what would you not do again? What’s something you’ve completely outgrown-creatively or personally?

Charles:

When I look back on the past five years, I feel very proud of everything that’s been accomplished, even if, naturally, there are things I love more than others. I truly believe that each project happened at a specific moment because it was meant to - I’m quite sensitive to this idea of almost instinctive timing. Creatively speaking, if there’s one thing that may have gotten away from me at times, it would be my desire - at one point - to stray too far from my own universe, out of fear of becoming trapped in it. With hindsight, I realize that I should have cherished it, nurtured it, and brought it to the forefront instead. That’s exactly what I’m working on now.

Zina:

What drew you to the Balkans, and to Montenegro in particular?

Charles:

The opportunity to show my work in Montenegro and take part in this beautiful festival came while I was presenting my latest collection in Milan. I’m a very curious person, always happy to explore new horizons, and I had never been to the Balkans before. I also have a very good friend - a stylist who works at Vogue Adria - who

strongly encouraged me to accept the project. So I’m truly happy to be part of it, and I’m really looking forward to discovering the place and its culture.

Zina:

We began this conversation by looking back at your earliest memories. To close, let’s look ahead. Fast-forward: it’s 2035. What do you seecreatively, culturally, personally?

Charles:

By 2035, I hope to have successfully developed the ready-to-wear line of my brand, in which I have a lot of faith. I would also like to have continued cultivating my image and telling stories that, thanks to the maturity and experience gained over the years, will make me a more mature designer, ready to tackle perhaps deeper and more personal subjects.

What I especially wish is to have reached as many people as possible with my work, while genuinely strengthening the commercial side of the brand. For me, it’s this balance between meaning, emotion, and success that truly matters.

Based in Porto Montenegro and working internationally, A&A Interior offers full-service residential and hospitality design for both interiors and exteriors, project management, delivery of furniture and art objects, and more. Established by professionals with global experience, the A&A team has designed some of the most prestigious apartments and villas in the Adriatic region. Many of them published in Architectural Digest, ELLE, Vogue and other publications, which have featured A&A as one of the leading design studios in the Adriatic region.

Guided early on by her legendary aunt, Franca Sozzani-iconic editor-in-chief of Vogue ItaliaSara began her journey at Condé Nast, immersed in one of fashion’s most creative environments. From the start, she felt a responsibility to give back and open doors for others, helping to shape a more inclusive and forward-thinking industry.

For this exclusive interview, Creative Director and Editor-in-Chief of The Collection FAB, Zina Pusep, sat down with Sara Sozzani Maino to discuss creativity, mentorship, the evolving fashion system, and the true meaning of legacy.

Zina:

SOMEONE HAD OPENED THE DOOR FOR ME, SO I FELT I HAD TO OPEN DOORS FOR OTHERS.

I wanted to start our conversation by talking about your engagement in finding talent. Listening to your story, I could relate - in some ways, you were saying “I tried this, I tried that, I was looking for my path.” So, since you’ve discovered so many talents and have such long experience in that, what is a sign for you that someone really has it?

S ara:

Before answering your question, I need to go one step back. I’m from a fashion family, and when I started, it was really fashion that picked me, not the other way around. I started working with my mom and maybe working with my parents wasn’t the best timing. My aunt Franca Sozzani saw I was struggling, so she said, “Come to Condé Nast and see what happens.” I always felt privileged. I realized I was working at one of the best magazines, but only years later, I didn’t know anything about fashion. Back then it wasn’t as fastpaced as it is now, so I had time to discover what I really wanted to do. I started at 19, and by 24 or 25, I realized the new generation wasn’t coming up, whether from Italy or elsewhere. Someone had opened the door for me, so I felt I had to open doors for others. That’s how my passion for supporting the next generation started. I believe the new generation is our future -

whether you have children or not, we all have a responsibility for the future.

That’s how it all started. Back to your question about how I spot talent… Honestly, it’s always hard to answer. Maybe I have a talent for recognizing talent. But I’ve also learned not to choose by personal taste. If I did, I might not pick anyone! It’s not about personal taste - it’s about the story, what’s behind it. I never followed fashion as a fan; I’m not a fashion addict. That balance s aved me from being swept up by the trends. I try to see creative people as they are and what they want to translate. It’s not about how I see talent, but about an intensive way of seeing, and really listening. It’s never just about clothes, but about what’s behind them, the story and everything else. I don’t think as a journalist, a buyer, or a stylist - I think about what the creative person wants to transmit. There’s no simple answer; it’s a feeling. When I see designers or students, I never tell anyone they’re not capable. Who am I to s ay that? It’s easy to say “yes, I like it” or “no, I don’t.” For me, it’s about giving constructive feedback, whether it’s positive or not. I’ll ask, “Are you sure you want to do this?”

Zina:

It was very interesting to listen to your stories and how you started. I laughed so much when you talked about your experience at Lake Como with Helmut Newton and the fake money. That was iconic, and you were so young! Could you share another memory from your early career that truly shaped you or left a lasting impression?

S

ara:

There are so many memories and each experience was unique, but I’ll never forget my first shoot with Bruce Weber. It was an incredible adventure: there were about fifty people on set, and another stylist and I spent hours dressing everyone, from nine in the morning until two in the afternoon. We were so focused on our work that we didn’t even notice what was happening on set until we finally stepped out and everyone was just having fun, dancing, enjoying themselves. It was kind of incredible. Those moments really stayed with me.

Zina:

Your aunt, Franca Sozzani, was a legendary force in fashion. What was it like working alongside her? Is there a particular piece of wisdom or approach that has stayed with you? What was her "signature" approach?

Sara:

Mentorship is fundamental. Contests and competitions are important, but without mentorship and follow-up, it’s like someone who wins the lottery but never had money before - they don’t know what to do with it. Mentorship is one of my pillars, along with education. Education doesn’t happen just in school; many people can’t afford it, so education must happen every day - through projects, through ideas, through your position, and by creating opportunities.

Mentorship is essential for everyone - even for those who win contests, because managing money and making decisions isn’t easy. Mentors help give you direc-

NEVER THINK THAT SOMETHING IS IMPOSSIBLE.

Sara:

Working with Franca was truly a privilege. She has always been, and still is, my mentor. I learned everything from her during the 22 years we spent side by side. The most important wisdom she passed on to me is to never think something is impossible and to always be bold. If you want to make a mark, you need to take risks, and that boldness was always evident in her work. That was her signature: Belief that nothing is impossible

Zina:

In that perspective, do you think mentorship is important for young creatives? Is it essential for success, or just a lucky addition for those who find them?

MENTORSHIP IS ESSENTIAL FOR EVERYONE

tion, not by telling you what to do, but by laying out priorities and options and making you think for yourself. I always tell designers and students to listen to others, but not too much. Most people give opinions based on their own taste or experience, and that’s not always helpful. You have to put yourself in the soul of the designer and try to understand what they want. Give them options, not to make it easier, but to help them make thoughtful choices.

Zina:

You’ve supported so many young talents. Has anyone changed the way you see the future of fashion?

Sara:

What I always tell designers and students is that I learn so much from them- they have so many stories and visions. I do this work because working with designers and students keeps me young - I’m like a vampire, feeding off their energy to st ay young! Jokes aside, I really do learn from their stories, backgrounds, and their transparent, emotional ways of expressing themselves. For example, about 10 years ago, I went to Ghana and saw Kantamanto Market - huge piles of used clothes. That moment made me realize something was wrong. In 2015, I watched the documentary “The True Cost.” If you haven’t seen it, I recommend it. Sadly, not much has changed in the past decade. I’m not against the fashion system - it’s given me many opportunities - but I don’t think it works anymore. The industry is in crisis. It’s not sustainable, productive, or economically sound, and it doesn’t want young designers.

Consumers have changed the way they buy, but big brands don’t seem to understand. No one acknowledges that paying €7,000 for a coat isn’t sustainable, even if there is demand.

Zina:

I’m interested in your work around sustainability. For instance, many young designers are now very aware of the importance of sustainability and conscious brands. But what happens when you need to scale up? How can a young designer grow their business and stay true to their values?

S ara:

It can sound naïve, but the truth is: you have to set your own rhythm. You don’t have to fit into “the system.” If you decide to make, for example, only handmade coats, and you manage to do only 50 pieces a season, then that’s your pace. The only brand really working this way is Hermès. Why? Because it’s artisanal. You go to their shop, and maybe the lowest price is €200, but it’s never been about the system. People think Hermès is exclusive not because of the price, but because not

every project will survive, the ecosystem will be richer for it. I’m optimistic that it will work.

Zina:

What about technology? This year at IFF, we’re seeing a lot of innovation, which is great for our region. What digital tools do you think are going to change the industry? Are there any you think we should be wary or critical of?

Sara:

Technology is fantastic, but it’s like a drug-you have to be careful not to overdo it. For example, before COVID, hardly anyone used Zoom. Now it’s ubiquitous. I have mixed feelings about AI. I worry for the younger generation - the kids of my friends, or even younger - because while AI can be useful if you know what information you’re inputting, there’s a risk people will use it just to do things faster, without caring about what they’re learning or creating.

MY

ADVICE TO YOUNG DESIGNERS IS: DON’T CHASE THE BROKEN SYSTEM. CREATE YOUR OWN.

everyone can have it - it’s handmade, it’s limited, there’s a real cost inside.

Change is happening, even if it’s slow. I was just in Madrid visiting a sustainable brand that’s been working this way for 20 years - there’s still debate about whether it will “work,” but the important thing is the attempt. I’m optimistic. I don’t know what will happen in 100 years, but I know the change is underway. What frustrates me is that big brands and CEOs - some making €10–20 million a year, aren’t adapting. They’re stuck in a system they created, like hamsters in a wheel, and they can’t get out because of fear. I worry that if things shift even a little, many jobs will be lost - not because of the change, but because everything has been overloaded. Someone just told me last week there was a brand with 25 0 people in their styling team! That’s insane. The whole system is bloated.

New generations shouldn’t even try to fit into the old system - they should build something new. Projects will become more important than brands, and while not

There need to be barriers and rules. Our generation is “safe” because we saw things as they were before, but what about someone born today? In six years, when they start primary school, what will their world look like? I use ChatGPT consciously, for example, to help write 20 emails in five minutes, but I know what I’m doing. Kids using AI for research - say, on World War I I - might just copy and paste without understanding anything. That’s my worry. Education has to go beyond school, because technology has the potential to degrade our skills if we use it lazily.

Younger kids today often don’t even know how to handwrite. I’m 22 years older than you, but even I notice my handwriting is getting worse, since I mostly type or use sticky notes to remember things. What about five-year-olds who will never learn to write by hand? If they have smart parents, maybe they’ll learn, but otherwise… it’s concerning.

Zina:

Since we’re talking about younger generations and the future, let me ask a more concrete question about the industry. Recently, many big fashion houses have been appointing celebrities as creative directors, while true designers - people who devoted their lives to fashion - are sidelined. Meanwhile, a singer or influencer suddenly becomes a creative director. Do you think this is just marketing? What message does it send to younger designers?

Sara:

To me, it’s just a commercial move. The job of creative director has been reduced to a dreamless, followerdriven position. I know a designer who was trying to get a consultancy role, and he found out that brands were choosing candidates based on how many followers they had!

You can’t judge someone’s talent based on their likes or follower count. What about someone who decides not to have Instagram but is a genius? Would they be ignored just because they’re not online? I’d love to hear your perspective as someone 20 years younger than me - why do you think social media has this power? When did it become so central, and what are you actually drawn to on Instagram?

Zina:

I think for my generation, Instagram is about lifestyle. It’s all about feeling and aesthetics. Recently there’s been a trend for nostalgia-content that reminds us of childhood, before the internet was so present. My friends and I are turning 30 soon; we’re not kids anymore, but we’re not old either.

IF YOU’RE IN A POSITION TO CREATE AWARENESS, YOU’RE RESPONSIBLE FOR USING IT WELL.

So nostalgia is huge. Fashion brands are using that too - it instantly triggers an emotional reaction. Personally, I get inspiration from the internet - Instagram, magazines like Dazed, Culted, Interview, and Highsnobiety. I’m not into monthly magazines that chase trends; I prefer collectibles with substance, things you’ll want to keep.

Zina:

Fondazione Sozzani has become a reference point for creativity and new talent. How did it all begin, what is the mission and vision that guide its work today?

Sara:

I’m happy that Fondazione Sozzani has become a reference point for creativity and for the new generation - this has always been at the core of what I do. It takes passion, vision, and maybe a bit of craziness, but we’re proud of what we’re building. Our mission is to keep pushing creativity forward, especially in the fields of culture and education, and to make sure we continue to serve as a reference for new talent.

Zina:

Finally, looking ahead, what’s next for you, and what does legacy mean in your world?

Sara:

Now I’m working mostly on my family’s foundation –Fondazione Sozzani, created by my mother. The fundamental pillars are still the same - regeneration, education, responsibility. I still work a lot with schools and on advisory boards, but for me, it’s all about the next generation. We’re just passing through this world - eventually, we all leave. I don’t have children, but I always say I have “a thous and kids.” That’s my legacy. Heritage is important, whether through family or your work. My cousin made a documentary about Franca (“Chaos and Creation”); when it was finished and presented at Venice, Franca passed away four months later. She said the most beautiful legacy in the world is a child - which I agree with - but you can also leave a legacy through your work and values.

RESORT 26 COLLECTION –OMNIA BY ATELIER IGOR TODOROVIC

The collection is inspired by the beauty of coral, which has traditionally been used as an amulet carrying protection from evil forces and symbolizing happiness and the joy of life.

This underwater “flower,” which can be as old as 2,700 years, reminds us of endurance and the care for beauty that nature offers us. As such, in this collection it is the main motif, specially designed in

a limited, custom-made group of fabrics, becoming the protagonist of our new fashion story.

The collection is intended for moments of enjoyment and quiet luxury, accompanying the day from morning to evening through all the pieces presented. The silhouettes are relaxed yet sophisticated in such a way that you feel special, seductive, and “sparkling” in them—like coral “blossoming” in the beauty of the underwater world.

The idea behind this collection is that, through the authentic pattern we have created, we set a standard of luxury aesthetics that becomes part of your identity in moments of rest and pleasure.

We have succeeded in our idea that, after much effort and dedicated work, we real-

ized our first pattern and opened up the possibility for some future collaborations through limited edition designs, specially inspired by the places we escape to from everyday obligations and enjoy.

In the cut lines, we explored ways for each piece to become part of a personal aesthetic, telling the story of experiences we carry with us every time we return from a destination where we have enjoyed ourselves.

OMNIA in Latin means “everything,” and our idea, as always, was to do EVERYTHING or not at all—never any other way.

Atelier Igor Todorovic

Discover the only wakesurf club in Tivat, where the crystal-clear waters of the Bay of Kotor meet worldclass watersport experiences. Whether you’re a beginner or a seasoned rider, our professional team offers personalized coaching, top-quality equipment, and an unforgettable time on the water.

Nestled in one of Montenegro’s most picturesque coastal towns, our club is the go-to destination for adrenaline, fun, and breathtaking views. Join us for private sessions, group rides, or just to chill with fellow water lovers.

Contact: +38267362406

en.wakemne.com

instagram.com/wake_mne

Find your perfect escape at Iberostar Waves Slavija

Set on Montenegro’s Adriatic coast, near Budva’s old town and Slovenska beach, this 5* hotel blends heritage with modern comfort.

Wake up to sea or city views, sip cocktails by the rooftop infinity pool, savour delicious cuisine or unwind in the spa.

Whether you’re travelling with your partner or friends, you’ll find a getaway made for you at Iberostar Waves Slavija.

Book now at iberostar.com or book via your preferred travel agency. Enjoy an exceptional stay at Iberostar Waves Slavija.

WHERE LIVING IS LUXURY

Where seduction meets gastronom

Where the world comes to stay, from the first sip of espresso to the final note of music in the evening

A Day-to-Night Mediterranean Escape

From sun-kissed breakfasts to golden-hour dinners and music-filled evenings, Limoneto Beach & Restaurant is open all day, inviting you to embrace the magic of the Montenegrin coast in full.

Tucked away in the scenic Bay of Herceg Novi, at the heart of Kotor Bay, Limoneto is a hidden gem where laid-back luxury meets Mediterranean charm. Inspired by the timeless allure of the Mediterranean Riviera, the haven of citrus scents, lush palms, and breezy elegance, it is more than just a beach and restaurant: it is your invitation to escape the ordinary.

Limoneto is a testament to the belief that exceptional experiences are forged through a careful blend of ambiance, gastronomy, and heartfelt hospitality. Whether you are indulging in a rich seafood risotto, sipping chilled rosé, or dancing barefoot on the sand as live beats fill the air, Limoneto is a celebration of life’s finest pleasures.

Inviting you to celebrate life’s finest pleasures.

"I wanted to create something that evokes the seaside — flowing floral dresses, good cocktails with a view, great food — but without being pretentious or over-the-top. Just a place that feels relaxed. Somewhere you can come and go as you please, after the beach or before dinner, casual, with room for real interaction, spontaneous small talk, and a genuine human experience."

– Vanja Puškar Founder of the New Balkan

Cuisine Concept

Nestled by the sea, unique beach club and restaurant Bocasa offering captivating views of the bay and a thoughtfully designed setting.

Rooted in authentic Mediterranean flavors and crafted with carefully selected ingredients, each dish is meticulously prepared not only to satisfy, but to leave a lasting impression.

Enjoy exquisite dishes made with fresh seafood, unique black risotto, octopus gnocchi from Novljanska, Neapolitan wood-fired pizza, or freshly grilled catch of the day.

GOOD. BETTER. THE BEACH.

TRAVEL & DESTINATIONS

EXCLUSIVE INTERVIEW WITH ACCOR HOTEL GROUP

DANIEL VON BARLOEWEN , SENIOR VICE PRESIDENT, ACCOR ONE LIVING / GLOBAL MIXED

USE DEVELOPMENT

STRENGTHENING PRESENCE IN THE ADRIATIC REGION

Accor’s

AMBITIOUS GROWTH PLANS FOR SOUTHEAST EUROPE

Miodrag Spahić, Editor-in-Chief of The Collection magazine, sat down with Mr. Daniel Von Barloewen, Senior Vice President of Accor One Living / Global Mixed-Use Development, for an exclusive conversation on the future of the hospitality industry and Accor’s ambitious plans across Southeast Europe.

This interview offers insights into how one of the world’s leading hotel groups is shaping the region’s tourism landscape.

Q. The Collection Magazine:. Accor has really established itself as a global leader in hotels and branded residences. Can you tell us about Accor as a group and the brands in your portfolio?

A. Daniel Von Barloewen: Accor has built one of the most diverse hospitality ecosystems, with more than 47+ hospitality brands and over 5,600 hotels & resorts around the world. The Group also operates 10,000+ food & beverage venues, 200+ wellness and fitness facilities and a wide selection of flexible coworking spaces. Travelers have responded to our offerings with their loyalty, making our guest loyalty and booking platform ALL one of the top-performing programs globally, with more than 100 million members.

One of Accor’s defining strengths is how we leverage the stability of our foundation and our trusted brands to shape the future of hospitality. Only seven global hospitality brands have histories of 100 years or more, and Accor owns and operates four of these: Pullman (1867), Orient Express (1883), Raffles (1887), and Fairmont (1907). We are now one of the largest operators in luxury hospitality, and with Ennismore, we also offer the world’s fastestgrowing lifestyle hospitality company, featuring unique brands such as Mondrian and Delano. Our collection brands – Emblems, MGallery, and Handwritten – are expanding quickly and changing the landscape of hospitality, while our roots in the premium, midscale, and economy segment remain strong, with powerhouse

brands such as Swissôtel, Mövenpick, Novotel, Mercure, and many others. Meanwhile, we have emerged as the second biggest player in hotel branded residences, with over 50 operating branded residence communities sitting across distinct residential brand offerings.

The reason our brands stand the test of time while continuing to feel fresh and forward-thinking, is Accor’s approach to hospitality. We put people, care and emotion at the heart of the experience, always evolving to the needs of travellers and our residence owners and their changing ways of living, working and travelling. We continuously unveil innovative concepts, experiences, and captivating destinations, providing an ever inspiring platform of experiences to ignite the imagination of travelers.

Q. Although each property is special in its own right, what are some of the jewels in your portfolio that are currently operating?

A. Accor is the steward of many of the world’s most beloved and famous hotels, along with globally esteemed heritage hospitality brands. Our luxury portfolio counts landmark hotels such as Raffles London at The OWO; The Plaza, A Fairmont Managed Hotel in New York; Sofitel Roma Villa Borghese in Italy; and Hôtel des Arts Saigon - MGallery Collection in Vietnam. Some of our more recent luxury openings have included Raffles Sentosa Singapore; Raffles Jaipur in India; Fairmont La Hacienda Costa del Sol in Spain; Fairmont Breakers Long Beach in California; Sofitel Cairo Downtown Nile in Egypt; and Chengdu Expo Waterfall Hotel - MGallery Collection in China. On the lifestyle front, through Ennismore, we have recently opened flagships such as Delano Dubai, Rixos Tersane Istanbul, Hyde Johannesburg and 25hours Hotel The Oddbird in Jakarta.

Accor has built one of the most diverse hospitality ecosystems, with more than 47+ hospitality brands and over 5,600 hotels & resorts around the world.

Q. Congratulations on your plans to open two Mövenpick Hotels and Resorts, Movenpick Teuta Kotor Bayin Risan and Movenpick Kvarner Bay in Croatia, in 2026. Your brands are becoming very dominant in our region. You are already present in Croatia with Rixos, in Montenegro with Swissotel and Pullman, in Serbia with Mama Shelter, and we understand that more will arrive in the near future. How do you see Southeast Europe, the sea, and cities, featuring in your future growth plans?

A. As a global company founded in Europe, Accor enjoys high visibility and strong distribution, commercial, and loyalty networks in this region, making our hotel brands very attractive to independent hotel owners looking for the support that a leading multi-national company can provide. Europe still has many more independent hotels than other parts of the world and our collection brands make it easy to transition while protecting their distinct personalities and charm.

At the same time, countries in Southeast Europe, particularly along the seaside, have enormous potential for growth in terms of leisure tourism as well as meetings and events destinations. For Accor, we are keen to develop more resorts and well-being destinations, particularly in leisure destinations that are less populated and offer a pristine and positive hospitality environment. We recently opened Swissôtel Marianske Lazne Resort & Spa in Czech Republic and Swissôtel Resort Kolasin in Montenegro. This year we will open Mövenpick Teuta Kotor Bay, Pullman Kolasin Breza in Montenegro and Pullman Okol Golf Resort & Spa in Bulgaria. Strategically located in high-growth leisure markets, these resorts will benefit from strong international tourism demand and favourable investment conditions. At each resort, guests will discover meaningful, multifaceted, and immersive hospitality experiences – whether it's families or friends seeking group getaways, corporate retreats mixing business with leisure, or even locals seeking enriching experiences with top quality cuisine, chic design, and beautiful natural surroundings.

Q. Branded Residences are the buzzword now in the industry. And dominant in our marketplace. Accor have very successfully adopted the standard hotel model to meet this market need. What is special about Accor’s residential offer?

A. In 2023, Accor, already a leading global player in the branded residences category via pioneering residential brands like Raffles and Fairmont, launched Accor One Living, an industry-first 360º platform that provides a turnkey set of solutions tailored to each market. Our brands are brought to life through architecture and design, facilities and amenities, experiences and global recognition. We not only drive the performance of hotel assets, but we successfully extend the possibilities to include residential, coworking, flexible office space solutions, and private club concepts.

Through Accor One Living, residence owners, guests, and partners are connected to Accor’s diverse ecosystem of brands, expertise, and solutions - creating a flow of new opportunities to live, work, and play. This is particularly relevant among our lifestyle brands, where we see an important and growing segment of residential buyers who are seeking design-led brands, with unique style that celebrates modernity, creativity, compelling food and drink, and extraordinary experiences.

Another key feature of the Accor One Living offer is our industry leading owner benefits program, which delivers VVIP status and other key perks to residence owners around the world. Some key elements include elevated status in our ALL loyalty program, personalized concierge services and exclusive rates at Accor hotels and resorts among other valuable benefits and services.

For investment and development partners, our strategy delivers unmatched value, significantly enhancing the financial performance of a mixed-use project, while residents and hotel guests enjoy exclusive privileges, multifaceted amenities, and the signature brand experiences they know and love.

Only seven global hospitality brands have histories of 100 years or more, and Accor owns and operates four of these: Pullman (1867), Orient Express (1883), Raffles (1887), and Fairmont (1907).

Q. What are the future trends we can expect to see in the branded residence sector? Is this hybrid model becoming the norm?

A. While the shift toward hotel branded residences has been somewhat of a global phenomenon in recent years, it is a business model in which Accor has been engaged for more than 20 years because we believe it creates tremendous value for both hotel owners and homeowners. We currently welcome more than 8,000 residence owners at 50 branded residence communities around the world, with another 135+ residential projects under development. The Accor One Living portfolio includes not only the established luxury pioneers in branded residential such as Raffles and Fairmont as previously mentioned, but also innovative lifestyle brands from Ennismore that are rooted in culture and community, such as SLS, SO/, Rixos and Mama Shelter.

Certainly, the intersection of private residences and lifestyle brands is one of Accor’s most compelling areas of growth. We are seeing strong global demand for homes that are anchored by the comforts and promises of a beloved brand experience, providing a sense of belonging and community. Some of our high-profile lifestyle brand projects include Mondrian Residences Burleigh Heads in Gold Coast, Australia; and SLS Madrid Infantas Residences in Spain.

Lastly, we are seeing increasingly more standalone projects that carry our hotel brands without attaching to hotels, such as Pullman Residences Newton Singapore. Similarly, in Dubai we have a standalone branded residence by 25hours underway, plus Sofitel Residences Downtown Dubai, Fairmont Residences Solara Tower, Hyde Residences Dubai Hills and Rixos Residences Financial Center Road. These standalone projects underscore the value, loyalty, and power that our hospitality brands can deliver to enhance the experience and value for our residence owners. Standalone residences account for approximately 30% of new branded residential signings across the Accor/Ennismore portfolio.

Q. Why are branded residences such a success worldwide?

A. At Accor, we view the purchase of a branded residence as the ultimate expression of loyalty, deepening the relationship between an Accor brand and its guests. Our homeowners receive an elevated status within our ALL loyalty program and VVIP treatment everywhere they travel within the Accor ecosystem, as well as carefully curated events within their residential community, and carefully programmed residential amenities. As a result, we are continuously creating opportunities to keep homeowner benefits fresh and exciting, enhancing services and amenities.

The experiences we curate for our private residential settings are always aligned with our brands and the owners in each community. Yet each experience is an opportunity for us to evolve and innovate those brands, bringing them to life in exciting new ways. For example, screening rooms may be used for exclusive film viewings or hosting intimate events with artists, authors, and thought leaders. Our restaurants create private dining concepts or dinner clubs for residents, while some offer cellaring and sommelier services. In an urban market, the brand might bring in celebrity-favourite fitness trainers, host farmers’ markets, or offer private boardrooms. At a resort destination, homeowners might have exclusive access to guided mountain biking tours, monthly cooking classes, or surfing lessons. Over time, these activations further enhance the character of our brands. Ultimately, we adapt to the lifestyles of our homeowners; and branded residences that embrace this blended approach can unlock tremendous value for guests, owners and our brands.

For more information about the world-leading hospitality group, please visit group.accor.com

A New Taste on the Adriatic

Nestled in one of Montenegro’s most serene corners, the newly opened The Japanese restaurant at The Chedi Luštica Bay invites you to unwind and enjoy breathtaking Adriatic views. Every dish is crafted to be shared, from fresh sashimi and flavourful makimono to comforting miso soup and seasonal izakaya bites, bringing people together through vibrant flavours, delicate textures, and thoughtful harmony.

Your Secret Coastal Escape

The Rok Beach Bar & Lounge, nestled within the stunning landscape of Luštica Bay, is a hidden coastal gem where natural rock terraces meet the gentle sea. Step into an exclusive lounge atmosphere, complete with private cabanas and access to the serene Spa by the beach. Enjoy handcrafted cocktails and a vibrant selection of international street food while surrounded by breathtaking views and the soothing sound of waves.

INSIDE Budapest: FROM GRANDEUR TO HIDDEN GEMS

← Discover the Buda Castle District and the stunning Matthias Church. For a unique experience away from the crowds, take a moment to relax at the tower bar of the Halászbástya Restaurant and enjoy the unparalleled views from the Fisherman's Bastion.

BUDAPEST:

THE QUEEN OF THE DANUBE A SYMPHONY OF CULTURE, ELEGANCE, AND SECRET SPLENDORS

Budapest doesn’t just reveal itself - it seduces. With baroque bathhouses beside contemporary design boutiques and thermal waters flowing beneath cobblestone streets, the Hungarian capital strikes a rare balance between elegance and authenticity. Divided by the mighty Danube yet united in spirit, Buda and Pest come together in a rich tapestry of history, hedonism, and high culture. Whether you’re drawn to gilded architecture, avant-garde gastronomy, or hidden hilltop views, Budapest offers a journey that is anything but ordinary.

HISTORIC ICONS & MAJESTIC VIEWS

CASTLE HILL & THE BUDA SIDE

Embark on a private guided tour through the regal Buda Castle District, where medieval walls hold centuries of stories. Explore the National Gallery, Saint Stephen's Hall, and the iconic Matthias Church with a local expert. For an exclusive moment away from the crowds, pause at the Halászbástya Restaurant for a drink and enjoy unmatched views from the Fisherman's Bastion. Enjoy coffee at the Royal Guard Café or indulge in a sweet treat from one of Budapest's oldest confectioneries. Extend your journey to Gellért Hill for stunning vistas over the Danube, particularly magical at golden hour. It’s the perfect place to capture a moment that feels lifted from a fairytale.

PARLIAMENT & PEST LANDMARKS

Begin your Pest-side journey with a private tour of the Hungarian Parliament, one of the most magnificent legislative buildings in the world. Admire its golden interiors, grand staircases, and sacred Crown Jewels while learning from expert guides in your preferred language.

Nearby, the soaring St. Stephen’s Basilica offers another brush with grandeur. Climb to the dome-or sip a cocktail at the neighboring High Note SkyBar for a front-row seat to Budapest’s skyline.

CULTURAL IMMERSION & INSIDER MOMENTS ANDRÁSSY AVENUE & OPERA HOUSE

Stroll down Andrássy Avenue, Budapest’s most prestigious boulevard, where Neo-Renaissance mansions, luxury boutiques, and cultural institutions line your path. Indulge in café culture along the way before stepping into the newly restored Hungarian State Opera. Private tours offer exclusive access to its resplendent interior and end with a short performance by a soloist from the OPERA-a magical moment you won’t forget.

HEROES' SQUARE & CITY PARK

Join a curated walk through Heroes' Square, surrounded by statues of Hungary's legendary figures and the towering Millennium Monument. Then wander into the lush City Park. Here, discover Vajdahunyad Castle’s eclectic architecture, the award-winning House of Music Hungary, and the ultra-modern Museum of Ethnography with its rooftop garden.

Explore the hidden corners: the peaceful Rose Garden, the House of the Millennium, and soar above the treetops with a 15-minute ride on the tethered helium BalloonFly for panoramic views.

← The Hungarian Parliament Building is an architectural masterpiece and one of Budapest's most iconic landmarks. Located along the Danube River, it features stunning interiors and houses the Hungarian Holy Crown. Visitors have the privilege to delve into its rich history and admire its breathtaking design.

← Experience the grandeur of the Hungarian State Opera House in Budapest. Throughout the summer, you can enjoy classics like Verdi's "Un ballo in maschera." The Opera House offering the possibility to explore its majestic interiors before the evening shows. For an exclusive performance experience, book one of the VIP boxes, including the Royal Box, which offers the best views and comes with dedicated staff and catering services.

LUXURIOUS WELLNESS & TIMELESS RITUALS THERMAL BATHS IN STYLE

Experience Budapest’s spa heritage at the iconic Széchenyi Baths-elevated with a private twist. Book a Deluxe or Superior room in the Széchenyi Private Spa and enjoy four hours of exclusive access, champagne, snacks, personal amenities, and signature treatments. Highlights include the Thalisens Ocean Bliss Ritual and private couples massages.

OMOROVICZA EXPERIENCE

Discover the power of Hungary’s mineral-rich waters with a private Omorovicza treatment. The iconic skincare brand uses patented Healing Concentrate™ technology to deliver visibly rejuvenating results. Choose from bespoke therapies such as the Moor Mud Detox or the Illuminating Skin Facial, all within a serene, luxurious setting.

GASTRONOMY & ROOFTOP ELEGANCE

MICHELIN STARS & MODERN

ICONS

Budapest’s culinary scene is in full bloom, boasting a new wave of Michelin-starred restaurants. Whether you're savoring seasonal tasting menus at Salt, experiencing Nordic-Hungarian fusion at Stand, or enjoying the innovation of Essência, the city delivers star-worthy flavor with impeccable flair.

Add to your list the newest gems making waves:

• IDA – A refined take on Austro-Hungarian imperial cuisine in an elegant new space.

• ALELI – A Mediterranean-inspired osteria led by Dani García, celebrating soulful Italian classics.

• BIBO – Rooftop dining with Andalusian vibrancy and Hungarian roots, also by Dani García-offering dramatic views and bold, southern flavors.

For something local yet fresh, head to Fáma, where gastronomy

← The City Park, with its lush green spaces and diverse entertainment options, is a must-visit destination. It is a cultural and recreational haven that boasts history, architecture, and nature all in one sprawling expanse. The park is home to numerous attractions, including the Széchenyi Thermal Bath, Vajdahunyad Castle, the Budapest Zoo, the House of Music and the Museum of Ethnography.

meets artistry in a serene setting. Or dine under ivy and twinkling lights at Mazel Tov, where Middle Eastern cuisine blends seamlessly with Budapest’s creative energy.

Looking for character? Csendes Vintage Bar near the National Museum offers a bohemian backdrop of chandeliers and antique finds, perfect for wine spritzers and people-watching.

Rooftop Escapes

Raise a glass at Budapest’s most scenic skybars:

• High Note Sky Bar – Music and cocktails inspired sky bar with a 360 Budapest panorama on the buzzing Pest side.

• Leo Rooftop – Bold cocktails with the Castle in full view.

• St. Andrea Wine & Skybar – Elegance paired with curated Hungarian vintages.

• Intermezzo at Hotel President – A city panorama with a relaxed rooftop vibe.

New York Café Tip

One of the most photographed cafés in the world, the New York Café is best enjoyed with a reservation in the adjacent Anantara Hotel’s White Salon-offering the same lavish setting without the crowds.

HIDDEN CORNERS & LOCAL TREASURES

JEWISH QUARTER & RUIN BARS

Budapest’s 7th District brims with layered history and eclectic creativity. From kosher bakeries to graffiti-covered courtyards, the neighborhood’s rhythm shifts from slow strolls to buzzing nightlife. Take a private ruin bar tour for a behind-the-scenes glimpse into Szimpla Kert and lesser-known gems like InstantFogas or Ellátó Kert.

NORMAFA & ELISABETH LOOKOUT

Trade the urban energy for forested tranquility in the Buda Hills. Ride the historic Children’s Railway or hike to the Elisabeth Lookout Tower, where golden autumn leaves frame one of Budapest’s most beloved vistas.

HOSPITAL IN THE ROCK

Carved deep beneath Castle Hill, this wartime hospital and Cold War bunker is now a captivating museum. With original medical tools and immersive exhibits, it’s a sobering and powerful journey through Hungary’s turbulent 20th-century history.

Hungarian Designers & Curated Shopping

Uncover Budapest’s fashion-forward edge through a private tour of local designer studios and boutiques. Highlights include:

• Nanushka – A global fashion icon with Budapest roots.

• NUBU – Clean lines and elegant silhouettes for the contemporary woman.

• SUSU Ceramics – Minimalist, hand-thrown pottery.

• Futureal – Edgy, fashion-forward clothing.

• Paloma Art Space – A curated collective showcasing handcrafted jewelry, accessories, and textiles.

Each piece is a story, a treasure, and a memory only Budapest can offer.

WHERE TO STAY: A HOTEL FOR EVERY STYLE

Whether you prefer Belle Époque glamour or modern boutique charm, Budapest offers a refined collection of luxury accommodations:

• Four Seasons Hotel Gresham Palace – An Art Nouveau icon with unbeatable Danube views and impeccable service.

• Hotel Clark – Sophisticated, adults-only design hotel at the foot of the Chain Bridge.

• Kimpton BEM Budapest – A vibrant newcomer that brings playful design and heartfelt hospitality to the heart of the city.

←Discover the breathtaking views of Budapest from rooftop bars, where you can sip on cocktails while gazing at the city's stunning skyline. Or, embark on a magical boat trip along the Danube during the enchanting blue hours, when the city lights create a mesmerizing reflection on the water. Make sure to indulge in these unforgettable experiences for a truly memorable visit.

• Verno House Budapest – A chic, lifestyle retreat on Szabadság Square, combining urban sophistication with tranquil garden interiors.

• Dorothea Hotel, Budapest – Autograph Collection is another luxurious 5-star hotel newcomer, nestled in the heart of the city. Blends timeless elegance with contemporary design, curated by renowned Italian architect Piero Lisson. Each property offers something unique - be it spa sanctuaries, rooftop dining, or heritage elegance, ensuring your stay is as unforgettable as the city itself.

CURATED BY UNITED VIBES OF TRAVEL

This article was brought to you by United Vibes of Travel, a high-end boutique company specializing in destination management and luxury travel design in Hungary. With a deep passion for Hungarian culture and a background in premium hospitality, we curate unforgettable experiences: from private tours and insider access to hidden gems, to connecting travelers with the finest hotels, guides, and local artisans. Whether you’re planning a tailor-made journey or sourcing the perfect property, we help you explore Hungary with authenticity, elegance, and ease.

Your United Vibes Team, Zsuzsanna Sarmon, Katalin Moór, Alexandra Schmidt

Contact us: info@unitedvibes.travel

OUR FAVORITE STAYS IN BUDAPEST BY THE COLLECTION

Dear Readers,

In the previous pages, we explored the enchanting city of Budapest-its hidden gems, must-see sights, and culinary delights. Now, we’re taking you one step further. On the following pages, discover five exceptional hotels that promise a dream stay in this picturesque capital.

We hope this curated selection helps you find the perfect place to stay on your next visit to Budapest.

Enjoy!

FOUR SEASONS HOTEL GRESHAM PALACE Budapest

STYLE: ART NOUVEAU PALACE ROOMS: 179

SETTING: CITY CENTER

PRICE PER ROOM: FROM 525 EUR per room per night, additional taxes and breakfast charges apply

Located in the heart of Budapest, our luxury art nouveau palace Hotel – the only Forbes Five-Star hotel in Hungary – embodies the spirit of Budapest’s Golden Era glam. From the moment you enter the iconic wrought iron peacock gates, pass through the lobby adorned with more than two million mosaic tiles illuminated with its striking chandelier, and let inspiration wash over you. Outside, views of the Danube and the picturesque Buda skyline stand before you. Spend the day exploring the sights, recharge in our Spa that harnesses the city’s heritage in wellness, then enjoy an innovative cocktail at our lobby bar MÚZSA.

Main amenities:

• On-site restaurant (KOLLÁZS – Brasserie & Bar) and bar (MÚZSA)

• Banquet spaces

• SPA, Signature SPA treatments, Infinity-edge pool, jacuzzi, sauna, Fitness center (24h)

• Airport greeting service and transportation

• 24-hour in-room dining

• Laundr y and dry-cleaning services, Turndown Service

• Valet Parking, Multilingual Concierge

What the guests say:

“I wanted to extend my heartfelt gratitude for our wonderful stay. From the moment I arrived, I was treated like a special guest. I received a magnificent room upgrade with a stunning view of the Chain Bridge. My luggage was moved seamlessly between rooms by the same porter, who always greeted me by name. The food at Kollázs was delicious, and every staff member treated me with genuine warmth and professionalism. Architecturally, the hotel is fabulous, and the service was impeccable throughout my stay. Budapest is truly amazing, and I will be coming back. Thank you once again for everything.”

Contact details

A. Széchenyi István tér 5-6. T. +36 1 268 6000

E. Res.Budapest@fourseasons.com, W. fourseasons.com/Budapest

KIMPTON BEM BUDAPEST

Budapest

STYLE: LUXURY DESIGN BOUTIQUE HOTEL

ROOMS: 127 / SETTING: CASTLE DISTRICT

PRICE PER ROOM: FROM 250 EUR excluding taxes and breakfast

Situated just moments from the Castle District on the Buda side of the iconic Danube, Kimpton BEM Budapest is the city’s newest luxury hotel, offering a refined and elegant stay in the heart of the capital. Housed within a newly constructed building that envelops a 200-year-old palace, the interiors have been masterfully designed by the renowned Marcel Wanders, drawing inspiration from the rich origins of the Hungarians, the Magyar tribes.

From the lobby to the lift corridors, from the legendary Golden Stag to the motifs of Hungarian folklore, each element whispers history and style. Keep your eyes open-if you dare, discover what the rabbit has to say!

Where You’re Staying

Each room is thoughtfully designed with a blend of style, history and nature. Marcel Wanders’ interiors artfully combine heritage elements with contemporary flair. Expect bold, vibrant colours throughout the living spaces, while bathrooms feature a crisply tailored aesthetic, finished in blue or green porcelain, with select layouts including separate living areas or freestanding bathtubs.

Main amenities:

Restaurant and bar, rooftop skybar, wellness area with sauna, steam room, hot tub, 24/7 Technogym-equipped gym, in-room massage, private transfer service, parking with e-charging stations, complimentary bike rental.

What the guests say:

“We stayed two nights at this wonderful hotel, and everything was fantastic from start to finish. The staff was very kind, and the hotel's design was exquisite. The hotel's location is excellent, close to the river and with beautiful views. The breakfast offered a wide variety and was delicious. The skybar is outstanding. Thank you so much for everything!"

Contact details

A. 3 Bem József tér

T. +36 1 883 9880

E. reservations@ihg.com

W. kimptonbembudapest.com

HOTEL CLARK BUDAPEST

Budapest

STYLE: LUXURY DESIGN BOUTIQUE HOTEL

ROOMS: 79 SETTING: CITY CENTER

PRICE PER ROOM: FROM 190 EUR per room per night

Ideally located beside the Chain Bridge at the city’s origo, Hotel Clark Budapest offers 79 boutique rooms, studios, and suites with sweeping views of the Danube, Buda Castle, and Pest rooftops. This 5-star design hotel blends modern elegance with historic surroundings, creating a refined urban atmosphere through rich textures, natural light, and minimalist décor.

Seventh Heaven Studio rooms on the top floor feature expansive private terraces with panoramic vistas, perfect for guests seeking privacy and breathtaking scenery. Dining is led by LEO Bistro, serving inventive cuisine rooted in Hungarian tradition.

Crowning the hotel is the LEO Rooftop Bar, one of Budapest’s most iconic viewpoints. With 360-degree views, signature cocktails, and a vibrant yet sophisticated ambiance, it’s a favorite sunset destination for locals and visitors alike.

Hotel Clark isn’t just a place to stay - it’s a striking symbol of contemporary Budapest at its most stylish.

Main amenities:

Wellness center with gym and sauna, Leo Rooftop Bar with panorama over Budapest located on the 8th top floor, Leo Bistro with terrace, Balmain Paris luxury bathroom amenities, concierge services, wecome drink upon arrival.

What the guests say:

“This is a absolute stunning hotel. The staff are sooooo attentive, friendly, knowledgeable and could not do enough for me! They made me feel so special and so welcome. The decor of this hotel is stunning, the facilities amazing and the rooms were divine. Pure luxury! I wouldn't normally return to a hotel, as there are sooooo many to experience, however I will be returning, as this hotel definitely lives up to its 5 stars!"

Contact details

A. H-1013, Budapest, Clark Ádám tér 1.

T. + 36 1 610 4890

W. hotelclarkbudapest.hu/en

VERNO HOUSE Budapest

STYLE: LUXURY DESIGN BOUTIQUE HOTEL

ROOMS: 48 SETTING: CITY CENTER

PRICE PER ROOM: FROM 200 EUR per room per night

Verno House is an urban oasis where you can bond, breathe and bloom.

A meeting point for travellers and locals alike, allowing a deeper understanding of the city’s spirit. It evokes the idea, born in 19th century Budapest, that one can only truly appreciate all the modern attributes of a city, if there is a nurturing, natural environment to escape to from time to time. Verno is a sanctuary where you can recharge before the next day’s explorations. With 48 rooms, the hotel is located on the corner of Szabadság Street and October 6th Street, rooted in the heart of the city. Its central location provides quick acces to all the city has to offer and there is always something happening nearby.

The 5 star hotel in Budapest city centre, Verno Hourse offers an exquisite wellness space, thoughtfully designed to be an essential part of pampering your body and mind. Our Spa, located in the center of the always bubbly downtown, provides a haven in which to recharge, relax and renew, whether you have had a long day of walking around or are just starting out on your adventure.

Main amenities: Botaniq Collection products in the room Service of Flava Kitchen & More – Michelin recommended restaurant

What the guests say:

“A very modern and centrally located hotel. You step outside and find yourself in the heart of Budapest’s hustle and bustle. The Liberty Square parking garage is right next door. The breakfast had a wide selection and was modern and very good quality. The staff was without exceptions very friendly and helpful.”

Contact details

A. Budapest, Október 6. u. 26, 1051

T. +36 1 886 1120

T. +800 2222 7172

E. hotel@vernohouse.com

W. www.vernohouse.com

DOROTHEA HOTEL Budapest

STYLE: HERITAGE & CONTEMPORARY ROOMS: 216 SETTING: CITY CENTER PRICE PER ROOM: FROM 247 EUR per room per night

Dorothea Hotel, Budapest – part of the Autograph Collection by Marriott – blends the city’s contemporary energy with its rich heritage. Located in a 35,000-square-metre multi-functional complex in the heart of Budapest, the hotel features 216 rooms and suites, extensive wellness and fitness facilities, a conference centre, and vibrant culinary venues. The design, by Lissoni & Partners in collaboration with Hungarian design professionals, combines timeless elegance with modern flair.

Named after Archduchess Dorothea and Palatine Joseph – a 19th-century couple devoted to Budapest’s development – the hotel celebrates their legacy. The inner courtyard acts as a design greenhouse and doubles as a relaxing restaurant and bar called Pavilon, paying tribute to Joseph’s passion for botany, with botanical themes inspiring cuisine and cocktails alike.

This multifaceted property houses two restaurants by the three Michelin-starred Spanish chef Dani Garcia: Alelí, with a street view, and Bibo Budapest, offering a breathtaking panorama overlooking Buda Castle Hill from the building’s seventh floor, adding to the unforgettable charm of the Dorothea Hotel.

Main amenities:

Full service spa with 15 meter long swimming pool, sauna, steam room, adults-only spa hours; large variety of signature treatments, masages, facials; Hydrafacial treatments; Couple’s massage; 24/7 fitness with Technogym equipment; Concierge; 24/7 in room dining; 3 restaurants, one of them is rooftop bar

What the guests say:

“A truly beautiful hotel with all the amenities you could want! Breakfast was delicious. The concierge desk was extremly helpful and gracious – and imppecable experience!”

Contact details

A. Budapest, Dorottya u. 2, 1051

T. +36 1 884 5100

E. dorothea.ays@autographhotels.com

W. www.dorotheahotelbudapest.com

MONTENEGRO CLAIMS THE

WORLD

STAGE AS EUROPE'S NEW LUXURY HORIZON, HOSTING THE FINALE OF

Ocean Race Europe 2025

This September, Montenegro’s Boka Bay will host the finish of The Ocean Race Europe, an elite sailing competition featuring seven professional sailing teams racing in spectacular, state-of-the-art, ultra-high-performance, ocean-going yachts.

The 2025 edition is built on the foundations of the inaugural race in 2021 and is held under the banner of “Connecting Europe”. The 4,500-nautical mile multi-stage offshore race starts in Kiel, Germany on August 10 and takes the fleet around Europe, with stops in England, Portugal, Spain, France, and Italy before the teams arrive in Boka Bay around September 15–16.

The finish in Montenegro marks the first time in its 50-year history that The Ocean Race will compete on the Adriatic Sea. Being chosen to host The Ocean Race Europe finish further establishes the country’s status, both as a luxury destination for major sporting events, and a yachting and maritime innovation hub.

The inaugural edition of The Ocean Race Europe took place during May and June of 2021, starting in Lorient, France and finishing in Genova, Italy – with stopovers in Cascais, Portugal and Alicante, Spain.

The European race is run by the organisers of The Ocean Race –a gruelling multi-stage around-the-world race which takes place every four years. The first around-the-world race was contested in 1973 and over the 14 editions of the event, The Ocean Race has become the pinnacle of professional fully-crewed, mixed-gender, ocean racing.

The Ocean Race Europe 2025 starts from Kiel, Germany and includes stops in Portsmouth, England; Cartagena, Spain; a flyby in Matosinhos / Porto in Portugal; Nice, France; and Genova, Italy; on the way to the Boka Bay finale.

Seven teams representing six nations (Canada, France, Germany, Italy, Saudi Arabia, and Switzerland) with sailors from 11 nationalities, are scheduled to compete, bringing together some

of the top skippers and sailors from the elite world of ocean racing. The 60-foot (18.3-metre) yachts are all foiling designs which use retractable foils to help lift the hull partially out of the water to reduce drag and increase speed. The teams will race with four sailors aboard (plus an onboard reporter) one of which must be female.

The IMOCA boats that the crews are racing are amongst the most technically advanced and powerful yachts on the planet and are capable of travelling 640 nautical miles (nearly 1,200 kilometres) in a day. But those high speeds come at a price. Life on board an IMOCA while racing is not for the faint-hearted. It is noisy and cramped, with virtually no privacy, to say nothing of the incessant violent movement of the boat as it skims off the top of waves – and constant threat of a sudden bone-shaking crashdown. There is no toilet – just a bucket – and the sailors primarily eat freeze-dried meals.

Each stopover during The Ocean Race Europe 2025 will feature an Ocean Live Park race village where visitors can experience the Race up close and learn about sailing and ocean health.

The free-to-enter Ocean Live Parks are the focal point for stopover events, entertainment programmes, food and beverage concessions, and all other activities organised by The Ocean Race, Host Cities, local sponsors, and other stakeholders.

Key attractions for visitors to Ocean Live Parks include: the opportunity to get up close and personal with the competing sailors during the Fan Days, a chance to visit an IMOCA cockpit simulator, the Helly Hansen official merchandise store, the Volvo Studio, plus a full programme of events on the main stage and various other host city and sponsor events.

Ocean Live Parks are also the focal point for leg starts, finishes, and prize-giving ceremonies – as well as ocean health and sustainability workshops, team and sponsor activities including business sessions, local cultural, educational, and entertainment events, plus host city-organised exhibitions and conferences.

The Ocean Race Europe 2025 starts from Kiel, Germany and includes stops in Portsmouth, England; Cartagena, Spain; a fly-by in Matosinhos / Porto in Portugal; Nice, France; and Genova, Italy; on the way to the Boka Bay finale.

Visitors can also purchase tickets for exclusive access to the Pit Lane and a behind the scenes programme on the race’s website to get a closer view of the teams’ high-tech IMOCA racing yachts and to take a look at the team technical areas, as well as the Sailors Terrace hospitality area.

As well as competing to win the coveted The Ocean Race Europe trophy, the seven crews are also part of The Ocean Race’s ‘Racing for the Ocean’ initiative, which aims to help people everywhere – from fans and children, to businesses, and heads of state – to understand the importance and beauty of the ocean and what they can do to protect it. A key goal is the ambitious objective of getting the ocean’s rights recognised by 2030.

Racing for the Ocean focuses on three core areas: Impact –acting as a catalyst to accelerate the restoration of ocean health; Footprint – being a leader in sustainable sailing, sports and event management; Legacy – sharing vital data, knowledge, and ensuring inclusion.

During The Ocean Race Europe, the boats will be equipped with scientific instruments to measure key ocean parameters such as water temperature and salinity, oxygen and CO2 levels, microplastic concentrations and eDNA. Some teams will be tasked with deploying drifter buoys that will transmit real-time meteorological information to shore stations over a period of years. The overall goal of this initiative is to provide ocean scientists and researchers with more data points to help them better understand the changes taking place in European waters.

The seven-boat fleet will arrive in Boka Bay sometime between September 15–16 after six weeks of intense racing around Europe. The final leg from Genova will see the fleet round the southernmost tip of Italy and enter the Adriatic Sea – uncharted waters for the crews, as this will be the first time ever a fleet from The Ocean Race has raced there.

Boka Bay – also known as the Bay of Kotor – is a breathtaking location with rich maritime history, surrounded by towering mountains and dotted with charming medieval towns. This UN-

The 2025 edition is built on the foundations of the inaugural race in 2021 and is held under the banner of “Connecting Europe”. The 4,500-nautical mile multi-stage offshore race starts in Kiel, Germany on August 10 and takes the fleet around Europe, with stops in England, Portugal, Spain, France, and Italy before the teams arrive in Boka Bay around September 15–16.

ESCO-listed region,a unique blend of coastal beauty and historic charm, now commands recognition as a peerless venue for the global sports events such as The Ocean Race Europe 2025.

By supporting the race's pioneering scientific mission, where IMOCA racing yachts gather crucial oceanic data, Montenegro aligns itself with global leaders in sustainable innovation - championing blue economies, green mobility, and practices that resonate with a planet-conscious elite. The azure waters of the Adriatic become not just a backdrop, but a partner in discovery.

Boka Bay’s free-to-enter Ocean Live Park will be open from September 15–21 and will be the focal point for a myriad of onshore activities – including ocean health and sustainability workshops, team and sponsor activities including business sessions, local cultural, educational, and entertainment events, plus locally-organised exhibitions and conferences – as well as The Ocean Race Europe’s prize-giving ceremony on September 21.

The sailing world’s focus will very much be on Montenegro during the seven-day event. As well as the arrival of the seven competing crews, their shore teams, and sponsors – a significant audience of ardent sailing fans are expected to visit the region, in addition to the race’s massive fanbase that will be tuning in online.

The finish in Montenegro marks the first time in its 50year history that The Ocean Race will compete on the Adriatic Sea. Being chosen to host The Ocean Race Europe finish further establishes the country’s status, both as a luxury destination for major sporting events, and a yachting and maritime innovation hub.

BEYOND THE FINISH LINE: MONTENEGRO'S STRATEGIC WIN

For Montenegro, hosting the finale of this iconic race is a masterstroke in destination branding. This unparalleled global exposure, achieved through the Government’s support and strategic investment in the event, delivers visibility and attracts ultra-premium audiences – team owners, sponsors, international media, and affluent sailing enthusiasts. This positions Montenegro, and specifically the sophisticated haven of Boka Bay, directly in the sights of a global elite seeking unparalleled experiences. The event powerfully elevates Montenegro's profile, showcasing its capacity to host world-class events and manage complex international logistics within a setting of unmatched natural beauty.

The Boka Bay is ready to shine as the dazzling new star of Europe's southern coast, leveraging this high-value opportunity to secure its place in the minds of the world's most discerning travelers and investors for years to come. This September, all eyes will be on Montenegro.

bokabay.oceanrace.com | theoceanrace.com

celebrate life in style.

The Falkensteiner Schlosshotel Velden offers a luxurious summer retreat with a touch of the Caribbean, nestled in the idyllic landscape of Carinthia.

Situated directly on Lake Wörthersee, this five-star hotel and member of “The Leading Hotels of the World” seamlessly combines tradition with modern lifestyle, creating a truly unique holiday experience.

A highlight for sun worshippers and water sports enthusiasts is the hotel's exclusive Beach Club. Featuring a spacious lakewater pool, comfortable loungers, and first-class service, it promises pure relaxation. Guests can enjoy breathtaking views of the turquoise-blue Wörthersee while sipping refreshing drinks in a sophisticated atmosphere.

Gourmet delights await food lovers at Seespitz Restaurant & Living, located right by the water. Here, traditional lightness meets Asian sophistication, as the menu is enhanced with highlights from Mochi in Vienna. Whether it's freshly caught fish or creative sushi creations – the dishes tantalize the palate and delight connoisseurs.

For those eager to explore the surroundings, an e-bike tour along Lake Wörthersee is the perfect option. With the hotel's “Bären-Bikes”, guests can enjoy a relaxed ride through the picturesque landscape, passing charming villages and hidden coves. Our Experience Concierge Team is happy to provide personalized recommendations and share some exclusive insider tips.

Another unforgettable experience is a boat excursion with Captain Robert. Glide across the shimmering waters of Lake Wörthersee aboard an elegant boat and discover hidden bays, scenic shorelines, and exclusive viewpoints. With Captain Robert at the helm, guests enjoy a personalized tour filled with fascinating stories and breathtaking scenery, making for a truly magical outing.

Summer at Schlosshotel Velden wouldn’t be complete without its exclusive lakefront events. From elegant wine tastings to atmospheric live music under the open sky – this is where people come together to celebrate life in style.

The Falkensteiner Schlosshotel Velden offers a perfect blend of relaxation, gourmet dining, and activities during the summer – a place where luxury and nature exist in perfect harmony.

A: Schlosspark 1 AT-9220 Velden am Wörthersee E: schlossvelden@reservations.falkensteiner.com T: +434274520000 www.falkensteiner.com/en/schlosshotel-velden

San Canzian Hotel & Residences

CROATIA’S BEST KEPT SECRET

With island-speckled coast, lush nature, picturesque towns and historical treasures, Croatia is one of Europe’s most beloved destinations. While the average traveller doesn’t look beyond its sun-kissed islands, true connoisseurs of fine living, exquisite gastronomy and meaningful experiences choose Istria. Nestled on the rugged north Adriatic shores, in the close vicinity of Italy and Slovenia, Istria is poetically called Terra Magica – the magic land. With vineyards, olive groves, and hilltop towns scattered across the inland, and charming Mediterranean retreats along the coast, this region offers the very best of both land and sea.

FOODIE & WINE LOVERS’ PARADISE AND MORE

Istrian idyllic countryside has always been mysterious and enticing. The undulating vineyards produce some of Croatia’s best wines, olive groves give the finest “liquid gold”, and dense oak forests hide delicious truffles. Historic towns unravel Roman ruins, while picturesque hilltop villages boast a vibrant restaurant scene. Gentle slopes, secluded valleys and scenic settings make it ideal for active travelers seeking to explore its endless hiking and biking trails.

TIMELESS RETREAT WITH AUTHENTIC ISTRIAN FLAIR

A hidden gem in this magical region, San Canzian Hotel & Residences is where the elegance of heritage design meets the untouched beauty of nature. Nestled in the heart of Istrian countryside, between picturesque hilltops towns of Buje and Grožnjan, it is a stone’s throw away from the most renowned sights, restaurants and wineries of the region.

Surrounded by rolling hills, vineyards and olive groves, San Canzian embodies rustic elegance amidst pristine natural settings. Emerging from a medieval village, this boutique property was entirely revamped in 2019 and now offers 26 uniquely designed rooms, suites, and villas. The nearby remains of the St Cantianus chapel inspired the name, while the design pays tribute to the legacy of the land.

All rooms, suites and villas are individually styled and inspired by the aesthetics of an old stone-built Istrian village. Sophisticated interiors feature a subtle blend of rustic and modern elements, earthly tones, and natural materials. Custom artworks and furnishings complement contemporary details, classy touches, and state-of-the-art amenities, creating an authentic countryside experience deeply rooted in the soul of the destination.

HAVEN OF CULINARY ARTISTRY

Evoking local traditions and flavors, the hotel’s Michelin-recommended Luciano Restaurant proudly presents the gourmet heritage of Istria to the discerning luxury traveller. The young and talented chef Pavo Klarić and his team add a sophisticated touch to local savors and create a haven of culinary mastery. With farmto-table approach, Luciano implements the zero-waste concept, supports local suppliers and uses only the freshest, seasonal ingredients. The menu emphasizes local stars such as truffles, cheeses and award-winning oil and wines. By day, a cozy bistro-style setting offers elevated comfort food, while evenings transform the atmosphere into a fine dining experience with creative cuisine inspired by Istria. The walk-in wine cellar features over 600 labels, from indigenous sorts to international favorites.

With a stylish interior and signature serves, the hotel’s Luciano bar is not-to-be-missed for an elevated sipping experience. Wooden beams, stone floors and high ceilings with hand-painted tavelice bricks make a classy hommage to the Istrian heritage. Here mixologists carefully craft syrups, liquors and bitters out of local herbs and spices, seasoning the hotel’s epicurean offer.

The young and talented chef Pavo Klarić and his team add a sophisticated touch to local savors and create a haven of culinary mastery. With farmto-table approach, Luciano implements the zero-waste concept, supports local suppliers and uses only the freshest, seasonal ingredients. The menu emphasizes local stars such as truffles, cheeses and award-winning oil and wines.

Signature cocktail, spirit or finest wine is best enjoyed at sunset – the bar’s outdoor patio is the perfect place to make the most of the golden hour.

PROFOUND COUNTRYSIDE EXPERIENCE

On a warm summer day, there’s no place more inviting than the resplendent outdoor pool. Views verge on divine, stretching as far as the Adriatic and the Italian coast, and create a dramatic backdrop for refreshing dips. Hidden in the serene surroundings, cozy spa, comfy fire pit and sunbeds shaded by the olive trees offer a much-needed refuge from the world’s hustle and bustle. Most sought-after in-house experiences include olive oil and wine tastings, cooking lessons and picnics in the olive groves, relaxing spa treatments and complimentary yoga classes.

PRIVATE EVENTS WITH A TOUCH OF TIMELESSNESS

Whether a birthday extravaganza, an anniversary soirée or an intimate wedding, San Canzian provides the perfect stage for unforgettable celebrations. Breathtaking countryside settings offer privacy and seclusion while the medieval heritage adds a touch of timelessness. Guests can choose between a full hotel buyout, a romantic outdoor setting where the entire village becomes their venue or the charming Orangerie – a stunning indoor glasshouse and the ultimate venue for memorable gatherings. Steeped in history, the property offers exclusivity and exceptional hospitality –an ideal setting for creating lasting, meaningful moments.

AND THE STORY CONTINUES…

Spanning across lavishing 36,000 square meters, the new extension of the hotel will be introduced in 2026. The collection of 14 club villas and 20 residences, each featuring an array of exclusive amenities, elevates Istrian luxury accommodation to new heights. Fully hotel serviced, they will have private heated pools and ac-

cess to the amenities that redefine luxury living – including the ClubHouse, wine cellar, cigar bar, al fresco dining, library, spa and grand outdoor pool. Envisioned as a home away from home, club villas and residences are a unique investment opportunity on a sale and lease back model. The owners can enjoy an immersive retreat in a closed community where they can reconnect with nature, heritage, and outstanding hospitality.

BELONG TO THE WORLD OF SAN CANZIAN

Tucked away in untouched nature, just a stone’s throw away from San Canzian hotel, the new development will blend harmoniously into the landscape and honor the heritage of the original hotel. Villa owners will get a Black Member Card and exclusive access to a new and prestigious San Canzian Club. This niche lifestyle is available by invitation only, offering world-class amenities in spectacular surroundings. For a glimpse behind the velvet rope, the Gold Card program is available to selected members and partners. Offering a ticket into a world where unparalleled comfort, privilege and luxury intertwine, San Canzian Club will be the first club of its kind in Croatia.

For general enquiries, call +385 1 7776 515 or e-mail stay@san-canzian.hr

To learn more about investment opportunities or club membership, e-mail invest@san-canzian.hr

THE ART OF SLOW LUXURY

In a world where slowing down, privacy, and authenticity define modern luxury, San Canzian Hotel & Residences curates refined experiences immersed in untouched nature. As the true embodiment of Istria, San Canzian reveals itself slowly - through indulgent gastronomy, Mediterranean living, luxurious amenities, attentive service, tranquil walks along lavender-lined paths and a profound connection with nature.

Spanning across lavishing 36,000 square meters, the new extension of the hotel will be introduced in 2026. The collection of 14 club villas and 20 residences, each featuring an array of exclusive amenities, elevates Istrian luxury accommodation to new heights. Fully hotel serviced, they will have private heated pools and access to the amenities that redefine luxury living – including the ClubHouse, wine cellar, cigar bar, al fresco dining, library, spa and grand outdoor pool.

RESTAURANT MÉDITERRaNEÉ

Led by excellence

Under the expertise of Chef Nikola Marušić, a Gault & Millau 2022 award winner and Michelin Recommended 2023 chef.

A dynamic, everevolving menu

Moving away from classic dishes to create a distinctive, recognizable gastronomic identity with an innovative approach.

Discover Adriatic Flavors in One of Split’s Finest Restaurants. Trumbićeva obala 18, Split, Croatia @mediterraneesplit

THE PIONEER OF MODERN LUXURY

Perfect comfort, outstanding cuisine and breath-taking views from the tallest hotel in the Slovenian capital.

InterContinental Ljubljana is an experience for all your senses.

Slovenska cesta 59, 1000 Ljubljana, Slovenija ljuha.info@ihg.com +386 59 128 000

BANYAN GROUP EXPANDS

FOOTPRINT IN EUROPE WITH THE ADDITION OF

Mamula Island BY BANYAN

TREE IN MONTENEGRO

Now Open for the 2025 Season, the Island Invites Guests to Experience its Natural Beauty and Unique Spirit Ahead of a Full Reimagination with Banyan Tree’s Signature Experiences in 2026

Banyan Group, an independent, global hospitality company, furthers its strategic expansion in Europe with the addition of Mamula Island by Banyan Tree, a private island retreat nestled in Montenegro’s Boka Bay, a UNESCO World Heritage Site in the Adriatic Sea. Formerly known as Mamula Island, the hotel now joins the Banyan Tree portfolio, welcoming guests throughout the 2025 season ahead of a full reimagination with the brand’s signature experiences in 2026.

“We are excited to welcome Mamula Island into our Banyan Group family. This marks an important step in our journey of thoughtful global expansion - creating meaningful destinations that honour their natural and cultural context while delivering distinct guest experiences,” said Eddy See, President and Chief Executive Officer of Banyan Group. “As we grow our footprint in Europe, we remain focused on building long-term value for our guests, partners, and communities”.

Mamula Island is a project of deep personal significance for Samih Sawiris, reflecting his family’s long-standing commitment to Montenegro. As a cornerstone investment alongside Luštica Bay, the island represents Orascom Development’s broader vision for sustainable growth and world-class hospitality in the region.

“The first time I saw Mamula was during my initial visit to Montenegro while scouting land for what is now Luštica Bay,” said Samih Sawiris. “For over 10 years, I envisioned Mamula transforming into what it has finally become - a true jewel at the entrance of the bay, illuminating the region’s potential and development”.

The hotel remains open throughout the 2025 season and will be fully reimagined in 2026 to reflect the signature Banyan Tree experience, featuring refined design enhancements, signature service rituals, and integrated spa & wellbeing programming.

MAMULA ISLAND BY BANYAN TREE, MONTENEGRO: NOW OPEN FOR 2025 SEASON

Located on a secluded islet at the entrance of Montenegro’s Bay of Kotor is set within a meticulously restored 19th-century fort and surrounded by sea, sky, and wild coastal landscapes. Fully restored just two years ago, its transformation was led by local and international architectural teams in close collaboration with conservation specialists to celebrate the site’s original beauty.

The journey to the island begins with a private boat transfer across the serene waters of Boka Bay or a helicopter flight from Dubrovnik or Tivat, offering a breathtaking aerial approach over Montenegro’s rugged coastline and sparkling Adriatic Sea.

The experience at the hotel unfolds through:

• Far-reaching sea views of the Adriatic, enjoyed from private coves, sun-soaked terraces, and a serviced private beach. Guests can spend their days by the sea at one of the three pools, retreating to quiet inlets or lounging along the panoramic Sun Deck, where the horizon stretches endlessly before them.

• A connection to craftsmanship, reflected in the island’s 32 guest rooms and suites, which include heritage suites featuring original stonework and newly built accommodations with floor-to-ceiling windows and private terraces. Each space is thoughtfully designed with bespoke furniture, curated local artwork, all-natural amenities, and sweeping sea views. Among them, the Heritage Sky Suites adorned with century-old frescoes were recently named Best Hotel Suite at the prestigious AHEAD Awards Europe and ranked among the top ten suites in the world.

• A celebration of seasonal, locally inspired flavours. From leisurely poolside dining at the Mediterranean all-day restaurant, to a refined Italian culinary journey in the west wing, to intimate evenings at Pinea-a speakeasy-style cocktail bar offering house-made infusions, each setting invites guests to savour the richness of the land and sea.

From leisurely poolside dining at the Mediterranean all-day restaurant, to a refined Italian culinary journey in the west wing, to intimate evenings at Pinea - a speakeasy-style cocktail bar offering housemade infusions, each setting invites guests to savour the richness of the land and sea.

• A restorative spa journey, set within the fortress’s original central tower, invites guests into a deeply immersive experience. Ritual rooms, Finnish and herbal saunas, a halotherapy chamber, an aqua floating tank, and a gym come together to blend time-honoured techniques with modern wellness therapies.

• Creative and cultural programming, where exhibitions and seasonal art programming, including opera performances in partnership with the local Operosa music festival, offering guests a deeper connection with the region’s creative expression.

• Exclusive hire options, available for weddings, private events and retreats, with the island offering a one-of-a-kind setting for unforgettable gatherings.

For more information and reservations, please visit banyantree.com

ABOUT MAMULA ISLAND

Mamula Island, operating since 2023, is a one-of-a-kind luxury retreat designed for lovers of life, nature, and experiences. The hotel’s holistic design embraces the island’s natural beauty and historic architecture, creating a timeless space where guests can reconnect with what they love. Its 32 suites and rooms are filled with light and intimacy, offering guests the opportunity to wake up to nature’s sights and sounds, featuring bespoke furniture, curated local artwork, and all-nature, custom-made details. With stunning sea views, a holistic spa, exceptional dining in three restaurants and bars, pools, a beach, and a historical gallery, Mamula Island offers an exclusive getaway, harnessing the contemplative atmosphere of the island to create a place of wonder - where every guest can embark on their own journey of discovery.

ABOUT BANYAN GROUP

Banyan Group (“Banyan Tree Holdings Limited” or the “Group” - SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans over 90 hotels and resorts, around 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of “Embracing the Environment, Empowering People” is embodied through the Banyan Global Foundation and Banyan Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.

A restorative spa journey, set within the fortress’s original central tower, invites guests into a deeply immersive experience. Ritual rooms, Finnish and herbal saunas, a halotherapy chamber, an aqua floating tank, and a gym come together to blend timehonoured techniques with modern wellness therapies.

A CARD TO TAKE YOU PLACES

Hotel Rezident

ŽABLJAK- PEACE IN THE HEIGHTS:

WHEN SPACE IS NOT MEASURED IN SQUARE METERS, BUT IN FEELING

On the edge of Durmitor National Park, nestled among pine trees and mountain stillness, the boutique hotel Rezident has become a new point on Montenegro’s luxury map. Behind it stands a family story of the same name - a company with fifteen years of experience in premium construction - and a man who doesn’t believe in advertising, but in experience.

InŽabljak, where asphalt fades into conifer shadows, lies Hotel Rezident - discreet, warm, aesthetically quiet. There are no flashing signs, but there are rooms that smell of wood and views that teach you to breathe slower. It was born as an extension of the philosophy of “Rezident” Ltd. Podgorica, known for building the highest quality residences in Montenegro. But as the owner, Mr Aleksandar Bošković, says, this hotel is much more than a business project. It is a family decision to bring urban luxury into nature. And not just any kind of luxury, but quiet, sincere, the kind that doesn’t shout for attention, yet is felt in every detail.

Q. The Collection Magazine: How did the idea to build a boutique hotel in Žabljak come about? Was it perhaps a natural continuation of a company that has long been a leader in premium real estate in Montenegro?

A. Aleksandar Bošković: The strategic orientation of Rezident is to build high-category residential properties. Then we started dreaming of a space for peace, for rest outside the home. Žabljak has always drawn us in with its raw beauty and silence. We wanted to create a place that isn’t large, but is deep. Where luxury isn’t in the form, but in the feeling. In Žabljak, nothing is offered by force. Not the mountain, not the luxury, and not us.

For over 15 years we’ve been building luxurious villas and apartments tailored to clients’ wishes. We’re recognized as leaders in that segment, not because we’re the loudest, but because we’re rec-

ommended by those who seek peace. We brought that same principle here: silence, durability, unobtrusive aesthetics. Rezident has always nurtured an architectural approach that serves people, not the market. We don’t build square meters for the sake of square meters - we create spaces with soul. Our properties are chosen, not sold. And we wanted you to feel that same principle when you step into a single room on the mountain. The hotel is designed as an integral part of the land it stands on, as if it’s always been there. No shift in philosophy - just a different material for silence.

Q. How much of your real estate experience fed into this project?

A. Guests immediately notice that nothing here is forced. The design is subtle, colours are natural, light doesn’t disturb the mountain - it follows it. There’s no pomp. Every room tells a quiet story. Some face the forest, others the mountain peaks, or simply the silence. That’s part of this place’s charm. We didn’t want to be isolated, but connected. The windows, even when small, frame views like paintings. And that often becomes the most beautiful detail. We don’t create selfie walls. This isn’t a place people come to just to say they’ve been. It’s a place they stay, even if just for two days.

Q. Who are your guests?

A. Our guests come from all over the world - from Europe and the Middle East to America. Most are people who have already experienced luxury, but now seek something deeper. Often couples, artists, solo female travellers, or families wanting a break. People who’ve had enough of everything except simplicity. People who know that luxury doesn’t need to be shown - it needs to be felt. Maybe that’s what draws them in. Luxury that whispers in the mountain’s language of silence.

Žabljak has always drawn us in with its raw beauty and silence. We wanted to create a place that isn’t large, but is deep. Where luxury isn’t in the form, but in the feeling. In Žabljak, nothing is offered by force. Not the mountain, not the luxury, and not us.

Q. The hotel shares the name with the company, Rezident. What’s the connection between the name and this space?

A. Rezident is our family company. For over 15 years we’ve built luxury homes tailored to our clients, and we’ve become known as leaders in that niche. Our clients value personalization, discreet luxury, and attention to detail - and we brought all of that into this hotel. We build spaces with soul and balance, without excess or noise. This hotel is our family’s next chapter, in a different direction - still about space, but not for permanent living, rather, for returning to oneself.

With great joy, we’re announcing a new project - a small complex of six exclusive apartments right next to the current hotel. It will be a new chapter of the same philosophy: quiet luxury, thoughtfully designed space, and maximum dedication to the guest. With us, the guest is always at the centre - whether buying an apartment or spending a weekend among the pines.

Q. What does a typical day for a guest at Rezident look like?

A. In the morning, you see the forest from your room, a mountain slope, or simply - peace. That’s part of the experience, because even the mountain doesn’t live alone. Breakfast is local and simple: homemade cheese, bread, and coffee in silence. Days are spent in nature. Dinner with a blanket, a book, or just silence. Guests say they sleep more deeply here than at home. The view from the room might blur with fog, but the coffee is always clear.

Q. Do you plan to open more hotels?

A. Perhaps. But not quickly. Every space deserves its own time. We don’t believe in multiplication, but in longevity. That’s why even the new six apartments are being developed thoughtfully, with the same dedication we had on day one, when we decided this hotel would be different.

In the morning, you see the forest from your room, a mountain slope, or simply - peace. That’s part of the experience, because even the mountain doesn’t live alone. Breakfast is local and simple: homemade cheese, bread, and coffee in silence. Days are spent in nature.

Q. What do you hope guests take with them from the hotel?

A. Sometimes, just one image in their mind. And the feeling that they stayed in a place that didn’t want to impress them, but to calm them. A house must breathe, even in silence. And when guests return to their everyday lives, that feeling stays with them - like a clarity they weren’t looking for, but found.

For more information visit www.rezidenthotel.com email us at hotel@rezident.me or call +38267033111

For over 15 years we’ve built luxury homes tailored to our clients, and we’ve become known as leaders in that niche. Our clients value personalization, discreet luxury, and attention to detail - and we brought all of that into this hotel.

SANTOS DE Cartier

PETIT MODÈLE

The Santos de Cartier watch is an ever-evolving idea, an emblematic design that Cartier has diversified with the creation of a small model whose dimensions echo those of the first historical versions of the watch.

This captures the essence of the Santos de Cartier watch, an icon in tune with the pioneering spirit of Alberto Santos-Dumont. Created for him in 1904, it cultivates the same sense of innovation as the aviator. At the time, it was the first modern watch designed to be worn on the wrist. The visible screws of this square watch, traditionally hidden in watchmaking, would become an aesthetic code of the collection.

With this small model in both gold and steel, all-steel or allgold, the style concentrates on proportions. The watch cultivates the same design principles as today’s larger models: pure lines, accuracy of shape and precious details, contrasting with the industrial and mechanical aspect of the visible screws. What’s new, aside from its dimensions (27 mm x 34.5 mm), is the sophistication of its sunray-effect dial and the integration of a high autonomy quartz movement adapted to the smaller size of this Santos watch.

This new version is as interchangeable as the collection’s larger models, with a choice of metal bracelet or leather strap. Crafted in smooth calfskin for the non-precious versions and in alligator for the all-gold model, the leather strap is fitted with an ardillon buckle that aligns the piece with the finesse of its case.

A: Residential Building Ozana, Porto Montenegro, Tivat

T: +382 67 338 204

W: excelsiormontenegro.com

THE Tank LOUIS CARTIER WATC IS AMP LIFIED H

Throughout its history, the Tank watch has undergone a remarkable transformation. As a reflection of meticulous stylistic research and refined technical mastery, this icon of watchmaking design has continuously evolved its lines. Shortly after its creation in 1917, Cartier began offering new interpretations of the Tank, exploring variations in shape, size, materials, and dials. These evolutions include the Tank Cintrée, Tank Chinoise, Tank Asymétrique, Tank Américaine, Tank Française, and more recently, the Tank Must with its photovoltaic SolarBeatTM movement. Created in 1922, the Tank Louis Cartier is the successor to the original Tank, known as the Tank Normale, whose design Louis Cartier reworked just five years after its inception. The case is elongated, the brancards are refined, the angles softened, and the choice of the rectangular shape is embraced.

Yellow

Semi-matte

Yellow gold.

“In 1917, Louis Cartier conceived the first Tank watch, with a geometric precision that was truly unique for its time. Five years later, the Tank known as 'Louis Cartier' was born, featuring a more elongated, rectangular dial and brancards with rounded ends. The elegance and clarity of its refined design have allowed the Tank Louis Cartier to traverse the century with remarkable ease, embodying the timelessness of an icon.”

Its creative potential is inexhaustible, and its elegance is always guaranteed. This is thanks to the brilliance of its design, on which Cartier today relies to imagine a larger version featuring a new generation of mechanical Manufacture movement with automatic winding. Integrated while respecting the lines and proportions of the Tank, this movement, named 1899 MC, allows for the enlargement of the Tank Louis Cartier, available in both rose gold and yellow gold. A true classic of the Maison, celebrated by aesthetes for its distinctive style, the Tank Louis Cartier has evolved into a genuine collection. Each model is a testament to the iconic features of the Tank: the railway track, Roman numerals, parallel brancards, blued-steel sword-shaped hands, and a beaded winding crown, set with a sapphire or ruby cabochon, or even an inverted pavilion diamond, depending on the model.

Rose gold.

Semi-matte

Rose gold.

Semi-matte

A: Residential Building Ozana, Porto Montenegro, Tivat

T: +382 67 338 204

W: excelsiormontenegro.com

DETOX ON A MOLECULAR

LEVEL: STATE-OF-THE-ART

DETOXIFICATION THERAPY AT

Lanserhof

In a world characterised by increasing environmental pollution, chronic stress and subtle health imbalances, the need for profound regeneration is growing. At the renowned Lanserhof, the pioneering institution for modern health culture and medically based detox, this desire is fulfilled with a state-of-the-art method: therapeutic apheresis - an innovative cleansing process that specifically removes pathogenic substances from the body.

MORE THAN DETOX: A MEDICAL RESET FOR THE BODY

“It's not a question of whether we are burdened, but how much”, says Dr Katharina Sandtner, Medical Director at Lanserhof Lans, summing up a central thought. Because even those who live a healthy life can hardly avoid pollutants these days: heavy metals, pesticides, plasticisers and inflammationpromoting molecules accumulate unnoticed in the body - with possible consequences such as chronic fatigue, immune disorders or neurological complaints.

Lanserhof's answer to this invisible challenge: INUSpheresis - a patented form of therapeutic apheresis that detoxifies and regulates the body in a unique way. It is aimed not only at people with complex medical conditions, but also at those who want to invest in their health at the highest level and give their body the chance to rebalance itself.

HIGH-TECH DEEP CLEANSING

During the INUSpheresis treatment, the blood is separated into its components outside the body. The plasma - a carrier of many toxic substances - then passes through a multi-stage, finely tuned filter system. This specifically removes pathogenic immune complexes, inflammatory mediators such as TNF alpha or interleukins, as well as environmental toxins, microplastic particles and heavy metals. All purified blood components are then carefully returned into the body.

“The effect is like a molecular spring clean for the entire system”, says Dr Sandtner. “It is a form of detox that goes much further than usual treatments. We are talking about a medically precise intervention in the biochemical balance of the body. ”

LUXURY MEETS SCIENCE

The treatment process is as gentle as it is effective: in two sessions of two to three hours each, guests enjoy a regenerating experience that goes far beyond the ordinary - with intensive medical care. Minor circulatory reactions or slight swelling are rare, quickly subsiding side effects. Important: The day of treatment is a rest day - an invitation to consciously slow down.

The treatment fields for apheresis range from long Covid, chronic fatigue and autoimmune diseases to neurological complaints such as multiple sclerosis. However, it is also effective as part of a preventative health strategy. “More and more of our guests don't want to wait for symptoms to appear, but want to reduce stress at an early stage”, explains Dr Westerkamp, a specialist at Lanserhof.

Silent inflammation is considered to be an invisible contributor to many civilisation diseases. This is precisely where apheresis starts, at the molecular level, where most conventional methods do not work.

HOLISTICALLY RELIEVED, SUSTAINABLY STRENGTHENED

At Lanserhof, apheresis is not used in isolation, but is part of an integrative health concept. Individually tailored measures such as nutritional therapy, micronutrient supply, mitochondrial support and intestinal regeneration flank the cleansing process - with the aim of sustainably strengthening body and mind.

Lanserhof offers this method at Lanserhof Lans in Austria and at Lanserhof Tegernsee - each with trained teams and state-ofthe-art technology. Therapeutic apheresis opens up new possibilities in preventive and rehabilitation medicine: it relieves the

organism in a targeted manner, supports healing processes and strengthens the body's own regulatory mechanisms in the long term. In combination with Lanserhof's holistic approach, it enables people with chronic complaints or a desire for preventative detoxification to find an effective way to achieve lasting vitality, profound relief and a new body awareness.

lanserhof.com

“The effect is like a molecular spring clean for the entire system”, says Dr Sandtner. “It is a form of detox that goes much further than usual treatments. We are talking about a medically precise intervention in the biochemical balance of the body."

EXCEPTIONAL STAYS AT THE

Discover true luxury in the heart of Vienna. Spanning 820 m² over two levels, the Royal Penthouse Suite offers space for up to seven guests, completed with four panoramic terraces, a private gym, open kitchen, and personal elevator. Ideal for extended stays, this exquisite suite combines the comfort of a private residence with the services of a five-star hotel.

Enjoy rooftop views, unwind in your own gym, or host a private dinner - all just steps from Vienna’s historic center.

Am Hof 2 1010 Vienna, Austria parkhyattvienna.com

THE ROYAL PENTHOUSE SUITE

HY GO

Hyundai Elevator has recently expanded across the Western Balkans—now offering advanced elevator and escalator systems in Montenegro, Serbia, Croatia, Bosnia & Herzegovina, and North Macedonia—bringing cutting-edge Korean technology and safety to the region. For more information, reach us via email sales@hygolift.com

EICHHOLTZ PRESENTS

A NEW COLLECTION CRAFTING THE ESSENCE OF TOMORROW

The newest collection, ‘Evolution of Elegance Reinvented,’ brings together the past, present, and future in a harmonious symphony of style and craftsmanship.

ABOUT EICHHOLTZ

Eichholtz offers a complete luxury lifestyle, representing elegance, imagination, and integrity, while creating thoughtfully designed environments that enrich our lives. It transforms spaces into unforgettable experiences with unique, timeless collections.

The entrepreneurial spirit of Dutch founder Theo Eichholtz, inspired by his extensive travels around the world, led to the creation of a company that offers a complete luxury lifestyle alongside dedicated service excellence. With headquarters in both the Netherlands and the US, Eichholtz inspires retailers, designers, and the hospitality industry worldwide. We achieve this by creating luxury-curated environments that showcase unique and timeless collections.

From the cutting-edge vibrance of Timeless Revolution to the earthy richness of Natural Maximalism, this collection invites you to explore narratives of style reimagined. Dive into Bohemian Coastal’s relaxed yet refined charm or bask in the classic beauty of Reflective Heritage, where timeless design meets modern flair. This is not just a collection — it is an evolution of elegance, inviting you to transcend the ordinary.

TREND & EICHHOLTZ SHOWROOM

PORTONOVI, Kumbor, Montenegro

+382 (0) 31 338862

@eichholtz.montenegro

Bulevar Džordža Vašingtona 74, Podgorica www.trendenterijeri.rs I www.eichholtz.com

T: +382 68 007 986

TREND & EICHHOLTZ

SHOWROOM

Ustanička 125, Belgrade, Serbia

office@trendenterijeri.rs

+381 (0) 11 2420417

@eichholtz.serbia

NEW TREND & EICHHOLTZ SHOWROOM

Bulevar Kralja Aleksandra 142 Serbia

www.trendenterijeri.rs

www.eichholtz.com

T: +381 62 303 395

A CENTURY OF ROMANIAN HOSPITALITY TRADITION

Nestled in the heart of Bucharest, InterContinental Athénée Palace Bucharest embodies the legendary spirit of its location. With breathtaking views of the Romanian Athenaeum and of the former Royal Palace, the hotel holds an iconic status and offers a luxurious experience infused with local authenticity.

With a rich century-old legacy and a unique architectural personality, InterContinental Athénée Palace Bucharest appeals to travellers who seek a deeply integrated hotel experience. Combining historic charm with genuine warmth and hospitality, it offers a luxurious home away from home to travellers eager to explore the vibrant city of Bucharest.

InterContinental Athénée Palace Bucharest boasts 283 rooms and suites, each elegantly appointed to blend timeless refinement with modern comfort and offering a sophisticated experience for discerning travellers. Recently renovated rooms and public spaces, exquisite dining options and top - notch spa facilities ensure a memorable stay. Recipient of numerous prestigious local and international awards, the InterContinental Athénée Palace Bucharest continues to set benchmarks in Romanian hospitality excellence.

InterContinental Athénée Palace Bucharest

1-3 Episcopiei Street, sector 1, Bucharest, Romania +40 21 303 3777 | buhap.info@ihg.com www.atheneepalace.intercontinental.com

Nivoda: THE DIGITAL BACKBONE

OF THE FINE

JEWELRY

INDUSTRY IN THE BALKANS

Interview with Flavia Marin, Business Development Manager for Nivoda – South Eastern Europe

Q. The Collection Magazine: Flavia, how is Nivoda transforming the jewelry business in the Balkans?

A.Flavia Marin: A region defined by emerging creativity, heritage craftsmanship, and increasing digital openness, the Balkans are now witnessing a major shift. Nivoda is at the heart of this transformation.

We’re not just changing how diamonds are sourced. We’re changing how business is done. In countries like Croatia, Montenegro, or Serbia, Nivoda allows jewelers to operate at global standards without the burden of holding stock, chasing suppliers, or facing cash-flow issues.

Q. Can you tell us a bit about your own story - what led you to Nivoda?

A. After over a decade in international jewelry retail - from luxury cruise ships across the U.S., Australia, and Europe - I had the opportunity to work hands-on with exceptional diamonds and fine jewelry in high-touch, client-focused environments. I wasn’t just selling jewelry; I was curating experiences, designing bespoke pieces, and educating clients about the deeper value and symbolism behind each stone.

Throughout this journey, I deepened my expertise by completing the Diamond Grading program with IGI, as well as earning the Applied Jewelry Professional (AJP) and Jewelry Design certifications with GIA. I am currently pursuing the IGI Gemologist diploma, a certification that reflects my ongoing commitment to technical excellence and industry expertise. While working across global markets, I noticed that although each region had its own charm, the jewelry industry as a whole lacked the digital infrastructure and connectivity needed to truly scale. That insight became a turning point.

When I discovered Nivoda, I immediately recognized the potential. It wasn’t just a tool - it was a smart, scalable solution that finally bridged global sourcing with flexibility and modern commerce. It aligned with everything I had long believed the industry needed: access, transparency, and growth without compromise.

I joined Nivoda to be part of something transformative. Today, I work with jewelers across the Balkans to digitize inventory, streamline procurement, and unlock growth through technology - while preserving quality.

That global, real-time retail experience fuels everything I do today. It taught me how to educate clearly. I now bring that same mindset to the B2B world helping jewelers find the right stones, tell their story, and build their brand. I support them in training their teams, using tools like the Nivoda Showroom, and growing both online and in-store. I do this with heart, passion, and the belief that real success in jewelry comes from clarity, creativity, and connection.

Q. What’s the story behind Nivoda’s founding and evolution?

A. Nivoda was founded in 2017 in London by David Sutton and Andree Woons (CTO), with a clear vision: to build a platform that gives jewelers access to the best-priced diamonds, without the limitations of traditional sourcing. Early on, it became evident that offering competitive prices required access to a global network of suppliers - something that was nearly impossible to manage manually at scale.

What followed was the creation of an end-to-end solution for the jewelry industry: a single platform where businesses can operate with zero inventory, improve cash flow, and scale efficiently - with no import taxes in Europe, and full access to millions of certified diamonds and gemstones worldwide.

Since its launch, Nivoda has raised $96 million from a range of leading firms, incuding Northzone and Avenir Growth Capital, opened 16 global offices, partnered with over 3,500 suppliers, and now serves jewelers in more than 60 countries.

Today, Nivoda continues to lead in jewel-tech by providing tools like the Digital Showroom, Shopify integration, e-commerce APIs, and 360° diamond visuals - helping jewelers sell smarter, scale faster, and adapt to a new digital-first era.

Q. What makes Nivoda different from other sourcing models?

A.What sets Nivoda apart is its ability to offer complete flexibility and control to the jeweler. You’re not bound by stock or volume commitments. Instead, you have access to over 2.1 million certified diamonds and 35,000+ colored gemstones, updated in real time. Whether lab-grown or natural, you can filter by every detail - cut, clarity, certification, fluorescence, or BGM.

Most importantly, you can cherry-pick each stone individually at the best discount available globally. Unlike bulk buying, where the average price is applied across a lot of mixed-quality stones, here every decision is intentional. And because no two diamonds are ever truly alike, this approach maximizes both profit and customer satisfaction.

Add to that the fact that our B2B model is designed exclusively for jewelers and designers, and jewelry retailers never to the customer end. Nivoda simplifies international logistics with 16 offices worldwide, including key hubs in London (HQ), New York, India, Dubai, Belgium, the Netherlands, Hong Kong, Melbourne and Johannesburg.

Offers VAT-exempt invoicing for EU buyers for example, we offer intra-EU invoicing from Belgium, which helps avoid upfront VAT payments for European buyers. For those outside the EU, while VAT and import duties apply, the real benefit lies in smarter logistics, smaller parcel values, and reduced customs friction.

Shipping is always fixed and insured at just €14.99 - no matter the stone, the supplier, or the country the volume. There are no subscriptions or hidden fees. Just transparency, smart sourcing, and full control.

One of the most valued services by my clients in the Balkans is Nivoda’s strict quality control. In a global diamond market where

We’re not just changing how diamonds are sourced. We’re changing how business is done. In countries like Croatia, Montenegro, or Serbia, Nivoda allows jewelers to operate at global standards without the burden of holding stock, chasing suppliers, or facing cash-flow issues.

discrepancies can arise, they rely on us because every stone is verified to the highest standards by in-house gemologists, using both advanced technology and expert eyes. And best of all, both the platform and our diamond verification service are offered at no additional cost - seamlessly included in your Nivoda experience.

Q. What does the typical omni-channel customer journey look like for jewelers using Nivoda?

A. True omni-channel success means offering clients a seamless experience at every touchpoint - from the showroom to the website and beyond. It’s about how the jeweler connects, not just where.

The journey starts when the end customer discovers inspiration online - often through social media or the jeweler’s website. From there, they book a consultation - either in-store or virtually. This is where Nivoda comes in: our digital showroom gives the jeweler instant access to compare stones side by side, show HD videos, apply advanced filters, and present options as if they were part of their own inventory.

During the in-store visit, the jeweler can guide the experience on a tablet, creating a personalized and confident buying process - all without having to invest in holding stock.

In short, Nivoda helps jewelers offer a fully connected, end-toend journey to their own clients, tapping into every piece of the modern retail puzzle - online, offline, and everything in between.”

Q. How does the Nivoda Showroom support luxury retail experiences?

A. Nivoda Showroom completely redefines how jewelers sell. Imagine a boutique in Montenegro - a client walks in with no clear idea of what they want. Within minutes, using a branded tablet in-store, we guide them through real-time videos, high-res imagery, and side-by-side comparisons of diamonds from across the world. We don’t just show what’s in stock - we show everything that’s possible.

The experience is immersive, curated, and data-driven. Clients explore options with filters for cut, clarity, color, fluorescence, BGM(NO brown green milky tinge) - everything that matters in a luxury decision. And when they’re ready, the jeweler orders exactly what was chosen - no overstock, no guesswork.

This is how we’re increasing conversion rates by up to 45%, because it’s not just a sale - it’s an experience. It’s technology supporting expertise, and allowing each jeweler to compete on a global level, right from their local store.

Q. What tools does Nivoda offer for digital and online growth? Nivoda enables jewelers to operate like international retailers:

• Nivoda Connect for Shopify – instantly add global diamond inventory to your e-shop. Let clients select stones and mounts with real-time pricing. Built-in ring builder, automated pairing and markup control.

• API Feeds – connect your custom website with live Nivoda inventory. Compatible with WooCommerce, Magento and more.

A jeweler in Tirana or Ljubljana can now match the online experience of luxury retailers in Paris - without inventory.

Q. Given Nivoda's extensive inventory, how do you ensure consistent quality, particularly for high-end jewelry brands?

A. We emphasize rigorous in-house quality control with a dedicated team of gemologists. They meticulously review each stone to meet our high standards by default with no BGM brown green milky tinge and we intensify discrepancy if needed.They are making sure the stone is exactly as it should be and we disclose every little discrepancy of the case. This is crucial for all clients, but especially larger ones. They often deal with massive inventories and multiple tasks, so having us streamline quality assurance makes their operations more efficient and fast. It's a significant support, even if they conduct their own diligence. Plus, by connecting with

the Balkans' rich jewelry heritage, we offer a blend of tradition and stringent quality that resonates with luxury brands.

We’re not just a platform where you select stones - we’re a trusted partner, working alongside you to ensure accuracy, consistency, and peace of mind.

Q. Can you explain the benefits of cherry-picking over bulk buying?

Traditional bulk buying assumes scale = savings. But in diamonds, that logic fails:

Diamonds are not commodities. No two stones are alike. Each has its own price - and margin.

Through real-time access to a global marketplace, you have the ability to strategically cherry-pick the most competitive priceswithout being limited to the inventory of a single supplier. This makes you more competitive by allowing you to select exactly the diamonds you want, under the conditions you need.

This approach even outperforms the volume discounts typically offered by long-term, traditional suppliers. We’ve tested this strategy in practice:

→ A U.S.-based company, already a client of one of the world’s largest diamond suppliers, saved over $100,000 using this algorithm - despite having pre-negotiated discounts and long-standing relationships with multiple vendors.

Q. What tax and logistics advantages does Nivoda offer in the EU and Balkans?

◆ Buy per stone, not per batch ◆ Avoid overstocking and liquidity risk ◆ Enjoy VAT-exempt invoicing across the EU ◆ Delivery from European hubs, even for Indian/US-sourced diamonds

The ability to select per-piece while optimizing tax and logistics is a unique win for jewelers in South East Europe.

One of the key advantages Nivoda offers - especially for non-EU jewelers - is the ability to purchase diamonds per piece instead of in bulk.

A jeweler in Tirana or Ljubljana can now match the online experience of luxury retailers in Paris - without inventory.

Why does this matter? In countries where import taxes are calculated as a percentage of the shipment’s value, placing smaller, more frequent orders means lower duties each time. That means less upfront capital, better cash flow, and more control - something traditional bulk suppliers simply can’t offer.

You’re not just buying smarter. You’re strategically optimizing your entire supply chain.

But it gets better:

We’re now working to offer consolidated shipments for all nonEU customers. So whether you choose the best-priced diamond from India, another from the U.S., and one from Belgium, you’ll receive them all together in a single shipment.

Global pricing, local delivery - streamlined, transparent, and built around your needs

Q. Can you share some real-world examples of how Nivoda helped jewelers grow?

A. Nivoda’s impact is both measurable and meaningful - from cost savings to increased revenue and operational efficiency.

• A U.S. retailer saved over $100,000 annually by switching to our cherry-pick model, sourcing stones individually rather than in bulk.

• Eastern European jewelers reported an average of 42% revenue growth within just six months of integrating Nivoda’s live inventory feed into their online stores.

• Clients using the Nivoda Showroom see up to 45% higher conversion rates, thanks to real-time visuals, better price transparency, and an elevated customer experience.“We used to show clients only what we had. Now, we show them the world.

What sets Nivoda apart is its ability to offer complete flexibility and control to the jeweler. You’re not bound by stock or volume commitments. Instead, you have access to over 2.1 million certified diamonds (80% of the total global supply) and 35,000+ colored gemstones, updated in real time. Whether lab-grown or natural, you can filter by every detail - cut, clarity, certification, fluorescence, or BGM.

One standout example is Melanie Casey, a leading U.S. brand specializing in handcrafted fine jewelry:

6,200+ hours saved annually

2,800+ stones ordered via Nivoda

Nivoda frees up our senior leadership to be more creative and drive more revenue, while a purchasing or customer service agent can take control of those processes. That has been invaluable and scalable.

- Jonathan Casey, Treasurer | Melanie Casey Fine Jewelry

Q. What message would you share with jewelers in the Balkans looking to scale?

The Balkans are full of creative energy, but many jewelers still work under old rules: heavy inventory, little flexibility, fragmented suppliers. Nivoda changes that.

You don’t need to guess what your client might like. With our platform, you show them every possible option, at the best price, in real time - while keeping your business lean and agile.

Nivoda - Digital. Transparent. Global.

A platform built for professionals, powered by data, trusted by over 3,500 suppliers and embraced by modern jewelers in more than 16 countries.

nivoda.com

Flavors Crafted by the Coast

Sun-Softened Moments beautifully paired with

at Lazure Hotel & Marina

When the city blurs in heat and routine, there’s a place where the Adriatic breeze resets your senses. At Lazure Hotel & Marina, luxury meets the uncomplicated life —sun, sea, and soul-stirring cuisine. We invite you to experience the ultimate coastal escape, where every moment is designed to refresh and relieve the stresses of urban living. Whether you're a hotel guest seeking a serene stay, or simply craving a day of blissful reprieve, you're welcome to come and linger by the water.

Imagine starting your morning with the irresistible aroma of fresh-baked pastries and the soothing hush of waves. Afternoons here stretch out endlessly under wide blue skies, where the clinking of ice in a glass of summer cocktails that capture the flavors of the season perfectly complements your meal. Our menus celebrate the region's diverse bounty, o ering everything from succulent grilled meats and vibrant, garden-fresh vegetables to the finest seafood, including delicate sushi and rich pasta dishes. Laughter carries on the gentle breeze, creating an atmosphere of carefree joy as you toast to sun-drenched moments. As the sun begins its spectacular dip below the horizon, painting the sky in vivid fiery hues, our seafront restaurants transform into glowing havens. Here, every plate tells a rich story of the Montenegrin coast, reflecting its unique flavors, and every moment feels unrushed, a true escape from the everyday.

This is summer as it should be: barefoot by the pool, beautifully plated meals enjoyed al fresco, and shared moments by the sea. Our diverse culinary o erings cater to every desire, from casual, sun-drenched lunches to elegant evening dining experiences. Come for the exceptional food, stay for the breathtaking sunset, and let the flavors crafted by the coast, beautifully paired with the sun-softened moments by the sea, remind you how good it feels to simply be.

REAL ESTATE & INVESTMENTS

Montenegro tops global millionaire growth over the past decade with a remarkable 124% increase in resident millionaires

A record-breaking 142,000 millionaires are projected to relocate internationally this year, with the UK expected to see the largest net outflow of high-net-worth individuals (HNWIs) by any country since international investment migration advisory firm Henley & Partners and global wealth intelligence firm New World Wealth began tracking millionaire migration 10 years ago.

According to the Henley Private Wealth Migration Report 2025 published on 24 June 2025, the UK is forecast to lose a staggering –16,500 millionaires in 2025 - more than double the anticipated –7,800 net outflow from China, ranked 2nd this year after topping the millionaire-loser leaderboard every year over the past decade. In stark contrast, the UAE retains its crown as the world’s leading wealth magnet, with a record net inflow of +9,800 relocating millionaires expected this year - over 2,000 more than the US in 2nd place. +7,500 new wealthy migrants are expected to make America home by year-end.

Dr. Juerg Steffen, CEO at Henley & Partners, says this sharp divergence highlights the rising influence of strategic wealth migration on global economic power shifts. “2025 marks a pivotal moment. For the first time in a decade of tracking, a European country leads the world in millionaire outflows. This isn’t just about changes to the tax regime. It reflects a deepening perception among the wealthy that greater opportunity, freedom, and stability lie elsewhere. The long-term implications for Europe and the UK’s economic competitiveness and investment appeal are significant.”

EUROPE’S WEALTH HUBS IN RETREATAND REINVENTION

The UK is not alone in its struggles. For the first time, EU heavyweights France, Spain, and Germany are expected to see net HNWI losses in 2025 - with projected net outflows of –800, –500, and –400 millionaires, respectively. Ireland (–100), Norway (–150), and Sweden (–50) are also beginning to see significant wealth losses, with many affluent Europeans relocating to more investor-friendly hubs on the continent.

Key beneficiaries of this trend are Switzerland, set to attract a net gain of +3,000 migrating millionaires this year, while Italy, Portugal, and Greece are also forecast to see record inflows of +3,600, +1,400 and +1,200, respectively - driven by favorable tax regimes, lifestyle appeal, and active investment migration programs. Southern Europe is fast emerging as a new center of gravity for wealth migration in the region, with Monaco (+200) remaining popular, especially among ultra- HNWIs from the UK, Africa, and the Middle East.

Europe’s smaller markets are also gaining strong momentum. Montenegro (+150) tops global millionaire growth over the past decade with a remarkable 124% increase in resident millionaires, driven in part by its citizenship by investment program (operational from 2019 to 2022), low taxes, Adriatic coastline, and EU accession prospects. Malta (+500) follows with 87% growth, though its trajectory may be impacted by April’s European Court of Justice ruling against its citizenship by naturalization process. Latvia is also on the rise, with 70% millionaire growth between 2014 and 2024, and a projected net inflow of another +100 HNWIs this year.

Andrew Amoils, Head of Research at New World Wealth, says “If one reviews the fastest growing wealth markets in the world over the past decade, it is noticeable that most of these countries are either popular destinations for migrating millionaires - such as Montenegro, the UAE, Malta, the USA, and Costa Rica - or

The UK is not alone in its struggles. For the first time, EU heavyweights France, Spain, and Germany are expected to see net HNWI losses in 2025

emerging market tech hubs like China, India, and Taiwan. This demonstrates the importance of millionaire migration in driving new wealth formation in a country.”

GLOBAL WINNERS: WHERE

THE WEALTH IS HEADING

Outside of Europe, strong demand from the UK, India, Russia, Southeast Asia, and Africa, facilitated by attractive golden visa options, has reinforced the UAE’s position as the world’s most sought-after wealth haven (+9,800). Saudi Arabia is the biggest riser on this year’s inbound list, projected to see a net inflow of +2,400 new millionaires in 2025, with the kingdom benefiting from a surge in returning nationals and international investors settling in Riyadh and Jeddah.

Traditional destinations such as Singapore (+1,600), Australia (+1,000), Canada (+1,000), and New Zealand (+150) appear to be losing their appeal for wealthy entrepreneurs, with their lowest net inflows on record provisionally expected in 2025. Thailand (+450) is rapidly emerging as Southeast Asia’s new safe haven, with Bangkok positioning itself as a key rival to Singapore. Thailand’s vibrant capital is increasingly favored by HNWIs from China, Vietnam, and South Korea, drawn by its international schools, growing financial services sector, and high-end real estate offerings.

Hong Kong (SAR China) (+800) is starting to see steady inflows from the rest of Asia following a challenging period of political uncertainty. Many top-earning executives from fast-growing hitech companies in Shenzhen are now basing themselves in the city-state. Likewise, Japan (+600) is seeing a higher HNWI influx, particularly from China, due to its relative security and political stability.

Central American and Caribbean jurisdictions - including Costa Rica (+350), Panama (+300), the Cayman Islands (+200), and Bermuda (+50) - are all set to attract record numbers of wealthy

migrants to their shores, and three African nations - Morocco (+100), Mauritius (+100), and the Seychelles (+50) - make it onto the inbound millionaire migration rankings for 2025.

GLOBAL LOSERS:

WHERE THE WEALTH IS LEAVING

Since the 2016 Brexit vote, the UK has shifted from being a net magnet for millionaires to a net exporter, with a record –16,500 HNWIs expected to leave in 2025. The latest surge is driven in part by sweeping tax reforms. The October 2024 budget introduced sharp hikes in capital gains and inheritance taxes, while new rules targeting non-domiciled residents and family wealth structures - enacted by the former Conservative government - came into effect in April, sparking what some are calling a “WEXIT” (wealth exit). Affluent individuals are relocating to tax-friendly jurisdictions such as the UAE, Monaco, and Malta, as well as to lifestyle havens including Italy, Greece, Portugal, and Switzerland. Many high-earning execs are settling in the expanding wealth hubs of Dubai, Florida, Milan, St. Julian’s, Lisbon, the Athenian Riviera, Zug, and Lugano.

Prof. Trevor Williams, Chair and Co-founder at FXGuard and former Chief Economist at Lloyds Bank Commercial Banking, says the UK’s economy has performed poorly over the past decade, and is the only nation in the W10 (the world’s 10 wealthiest countries) that has seen negative millionaire growth. “Since 2014, the number of resident millionaires in the UK dropped by –9% compared with the W10’s global average growth of +40%. Over the same period, the US saw a 78% increase in millionaires - the fastest wealth growth among the W10.”

In Asia, South Korea is expected to see significant net outflows of HNWIs in 2025 (–2,400), more than double last year’s figure, following a period of economic and political turbulence. Vietnam (–300) is also beginning to see a worrying uptick in millionaire departures, and Pakistan (–100) continues to lose millionaires to

the UAE. Taiwan (–100) presents a mixed picture: while its techdriven economy remains robust with +65% millionaire growth over the past decade, growing tensions with China and a lack of luxury real estate options appear to be unsettling some of its wealthiest residents.

Despite ongoing instability in the Middle East, Israel is expected to show relatively modest outflows (–350), primarily to the US, while Lebanon (–200) faces concerning losses, with many wealthy individuals relocating to Cyprus, Greece, and the UAE. Iran (–200) is also losing HNWIs to the UAE.

BRICS BOUNCES BACK BAR BRAZIL

In Latin America, Brazil (–1,200) and Colombia (–150) are both expected to see sizeable wealth drains, with popular destinations for departing millionaires being the US (especially Florida), Portugal, the Cayman Islands, Costa Rica, and Panama.

Among other BRICS nations, China (–7,800), India (–3,500), Russia (–1,500), and South Africa (–250) are all on track to record their lowest net millionaire losses since Covid. Outflows from India and South Africa are being offset in part by the return of HNWIs from the UK, while in China, the booming tech hubs of Shenzhen and Hangzhou - as well as rapid growth in the entertainment and hospitality sectors - are encouraging more affluent Chinese to stay.

As Dr. Parag Khanna, best-selling author and founder and CEO at AlphaGeo, notes in the Henley Private Wealth Migration Report 2025, Asia remains the world’s most powerful economic engine and a rising force in global private wealth. “Asia’s wealth land-

scape is a dynamic blend of ambition and caution. Singapore and Japan are solidifying their reputations as global wealth havens, while China and India are balancing domestic opportunity with the desire for diversification. South Korea and Taiwan remind us that geopolitics can quickly change the rules of the game. As 2025 unfolds, Asia is set to remain at the center of global wealth trends, shaped by economic dynamism, policy innovation, and the everpresent search for security and growth.”

ABOUT HENLEY & PARTNERS

Henley & Partners is the global leader in residence and citizenship by investment. Each year, hundreds of wealthy individuals and their advisors rely on our expertise and experience in this area. The firm’s highly qualified professionals work together as one team in over 60 offices worldwide.

The concept of residence and citizenship by investment was created by Henley & Partners in the 1990s. As globalization has expanded, residence and citizenship have become topics of significant interest among the increasing number of internationally mobile entrepreneurs and investors whom we proudly serve every day.

Henley & Partners also runs the world’s leading government advisory practice for investment migration, which has raised more than USD 15 billion in foreign direct investment. Trusted by governments, the firm has been involved in strategic consulting and in the design, set-up, and operation of the world’s most successful residence and citizenship programs.

Henley & Partners’ annual wealth and investment migration report offers unique insights and millionaire migration data, including top countries for projected net HNWI inflows and outflows and fastest growing wealth markets

Vero and Versa Residences

A NEW CHAPTER IN LIVING WITH INTENTION AT PORTO MONTENEGRO

In a world that moves ever faster, where the search for meaning can outpace the moment itself, Vero and Versa Residences offer a fresh rhythm - confident, tranquil and grounded. Nestled within Porto Montenegro, the Adriatic’s iconic waterfront community where layers of history and vibrant culture interlace with the natural beauty of the coast, these homes provide a sanctuary for those seeking authentic calm and creative freedom.

From bright studios to spacious penthouses, each home is thoughtfully designed for those who seek beauty in the everyday, value meaningful connection and aspire to live with intention in a place unlike any other.

AT THE HEART OF IT ALL

Positioned on the most central location in the village, Vero and Versa Residences put the best of Porto Montenegro within easy reach. From the spectacular superyacht marina and upscale boutiques to world-class dining, cafes, a nearby international school, a superb health center and one of the biggest regional wellness centers featuring a half-Olympic indoor pool – every element of refined coastal living is close at hand.

This privileged location captures the essence of Porto Montenegro: a destination where luxury feels effortless, community is vibrant and every day is infused with local soul and the natural rhythm of life by the sea.

A HABITAT THAT SUPPORTS YOUR WAY OF LIVING

Vero and Versa Residences feature open layouts that encourage flow, allowing light and air to move freely, creating environments where minds are inspired and ideas can take shape and evolve. Materials are chosen for their enduring quality, with their

true character, beauty and richness becoming more apparent the longer you live with them. These are homes that embrace life, offering flexible spaces that adapt to both moments of reflection and moments of innovation.

Vero Residences bring a new level of elegance to daily life, with 155 thoughtfully tailored homes with private entrances, a serene pool area and a fully equipped gym - all designed to support a lifestyle where comfort and convenience are paramount. Groundfloor retail spaces blend boutique shopping with gourmet dining, completing the picture of sophisticated living.

Versa Residences present a more intimate take on modern living with 47 beautifully appointed homes featuring a rooftop pool, a nearby wellness clinic and easily accessible parking.

THE CANVAS, THE STAGE, THE RETREAT AND THE LAUNCHPAD, ALL IN ONE

Vero and Versa Residences are more than a place to live - they are an open invitation to create, connect and come alive. As the newest dimension of Porto Montenegro’s continuous evolution, these modern homes capture the essence of Mediterranean living through a bold, artistic lens. Set within a lush, landscaped 25-acre village, they form part of a thriving, interconnected community that speaks directly to a new wave of global tastemakers, entrepreneurs and cultural explorers.

Here, the design language and public spaces are imagined as a canvas for self-expression, drawing in filmmakers, designers, digital nomads and kindred spirits - visionaries in search of authenticity and creative freedom. With immersive pop-up art, open-air film screenings, artisan markets and collaborative studios, Vero and Versa Residences become whatever you need them to be: a sanctuary, a stage, a springboard. Every day holds the promise of something unexpected - a moment of beauty, a spark of inspiration and, most importantly, a story worth living.

YOUR NEXT CHAPTER AWAITS

If you have been dreaming of a home that blends elegance with energy, community with creativity and the beauty of the Mediterranean with the pulse of the world - you have come to the right place.

To learn more about availability and personalised tours: +382 (0) 32 661 059 | sales@portomontenegro.com | www.portomontenegro.com

Vero Residences bring a new level of elegance to daily life, with 155 thoughtfully tailored homes with private entrances, a serene pool area and a fully equipped gym - all designed to support a lifestyle where comfort and convenience are paramount.

PREMIUM CAR SERVICES

by Congress Travel

TRAVEL IN STYLE

The diverse LCS fleet captivates with possibility, featuring a full line of luxurious well-maintained vehicles (luxury Sedans and MPVs). All vehicles in our fleet are late-model (up to 3 years old) and held to the highest standards of safety, maintenance, and presentation.

RESERVATIONS: +382 67 080 880 / +382 20 680 860 transfers@congresstravel.me / office.hilton@congresstravel.me OFFICE: HOTEL HILTON PODGORICA, MONTENEGRO www. congresstravel.me

Savills – THE RENOWNED

EXPERTS IN GLOBAL RESIDENTIAL

DEVELOPMENT CONSULTANCY

Interview with Rico Picenoni, Director, Head of Savills Global Residential Development Consultancy

Miodrag Spahić, Editor-in-Chief of The Collection magazine, sat down with Rico Picenoni, Director, Head of Savills Global Residential Development Consultancy, for an exclusive interview to discuss the role Savills plays in ‘placemaking’, advising mixed-use resort developers on creating destinations .

Placemaking is the process of creating destinations that are functional, beautiful, and meaningful for the people who use them. It's a collaborative approach focused on enhancing the user experience and strengthening community connections. Ultimately, placemaking aims to create places that people love and feel a sense of belonging within, whilst ensuring the requirements of all stakeholders are met – Stakeholders being the investor, the end user, the country, the local community, and the environment.

Q. The Collection Magazine: Firstly, can you tell me about this unique department within Savills and what services you offer?

A. Rico Picenoni: Our team of experts pride themselves in providing professional and advisory services for a range of residential, hotel and integrated resort schemes from inception to project delivery.

We focus primarily on providing branded and luxury residential development consultancy, feasibility studies (for residential and mixed-use developments), brand premium studies (for such brands as Marriott, Hyatt, Mandarin Oriental and Accor), design & masterplan consultancy, brand selection & negotiation as well as capital market transactional work. We focus on adding value, whilst reducing development risk for investors and developers, as well as sourcing and selling development investment opportunities.

Our own expertise is reinforced through the extensive capabilities of the wider company network, including Savills renowned researchers and industry specialists as well as our 700+ offices globally.

Based in the Savills London HQ, we have a global coverage with a particular focus on European projects. Over recent years we have greatly expanded our geographical reach, offering our services across a wide range of markets to include the Middle East, Africa, the Indian Ocean, Asia Pacific, and the Caribbean.

Our expertise makes us market leaders in Europe and, over the last couple of years, we have been working more and more across the Asian, Middle Eastern and US markets to now provide the same level of consultancy and service in these geographies.

We are the market leader and established thought pioneer in branded development consultancy and value engineering in the international luxury and branded residential sector.

In addition to providing development consultancy to residential developers and private equity firms, we use our unique knowledge and expertise to advise luxury hotel and non-hotel brands on their residential operations as they enter the branded residential market.

Our substantial experience, combined with our deep and expanding market database, makes us best positioned to provide our clients with the specialist consultancy necessary to ensure the optimal delivery of their respective projects.

Q. From receiving an instruction from an investor to create the ‘highest and best use’ of let’s say, a greenfield project in a seaside location, how does the process work to get to the final solution?

A. Determining the highest and best use for a project requires a structured approach to evaluate micro- and macro-environmental factors. Most projects are destined to become a certain asset class, or a combination of asset classes and therefore zoning and permits are often already established. The first step is examining national and regional market dynamics, assessing the strengths and weaknesses of a site, leveraging opportunities and mitigating risks.

Understanding the competitive landscape, which may extend to luxury, residential developments in international destinations then makes it possible to understand the optimal program. Such a program will incorporate metrics that include number and type of residences, their configuration, size, and the amenities that support the residential development to make it an exclusive, market-leading and highly desirable product.

The programming is furthermore prepared based on a profound understanding of brand standards and requirements and considers any mixed-use components across a master-planned community.

We focus primarily on providing branded and luxury residential development consultancy, feasibility studies (for residential and mixed-use developments), brand premium studies (for such brands as Marriott, Hyatt, Mandarin Oriental and Accor), design & masterplan consultancy, brand selection & negotiation as well as capital market transactional work.

The competitive landscape is accompanied by financial benchmarks, including sales absorption rates and transacted prices which can be forecast over the marketing and sales phase of the development cycle. This can all be populated in custom-built financial models so that developers understand their gross development value and financial returns, which will ultimately validate their highest and best use.

Savills is then prepared to support developers with approaching the brands that best align and fit the vision of the development, that resonate with the target audience, and are expected to deliver the greatest value to developers and residence owners alike. Based on an understanding of international best practices and commercial structures, Savills then negotiates license and management agreements with selected brands to secure the greatest value for clients.

Q. I understand that after the solution has been accepted by the developer, the role of Savills does not stop there. Can you tell us more about the next step in the process –Selling the vision your department has created to the world?

A. During the process of placemaking, we interact with our team at Global Residential Development Sales whose role is ultimately to make a success of the project, when it comes to sales and to ensure the product is optimally suited to the market. Combining unrivalled market knowledge with an extensive global network, the team of specialists provide sales and marketing advisory services for residential developments internationally.

This team act as a single point of contact for private and institutional clients, delivering a full suite of project sales and marketing services in a seamless and coordinated manner from analysis of global buyer behaviour, international campaigns, events and PR to building an on-site sales team. The team have the expertise and network of over 700 offices and associates located in over 70 countries to position a range of schemes to a local, regional and global market - whether it’s a boutique urban project, a branded residences resort or a large-scale mixed-use development.

Q. We are hearing about the rise and rise of branded residences. Do you see a risk of over-saturation of the global market?

A. The global distribution of branded residences continues to expand as brands seek new locations to grow their portfolios. Emerging markets, such as those in Asia, South America, and the Middle East, stand to benefit significantly from this expansion, with brands seeking to establish a presence in regions experiencing high levels of economic growth and wealth genera-

tion. These markets offer fertile ground for branded residences, as new high-net-worth buyers seek primary residences and second homes within branded schemes. Furthermore, non-hotel brands are entering the market, leading to diversification and catering to the evolving needs of younger buyers, who are driving changes in amenity and service offerings globally. In recent years, there has been increased interest and emphasis on certain aspects of branded residences. Features like office space, focus on wellness amenities, accessible locations, and larger living spaces have become more sought-after as buyers spend longer periods in their residences.

Developers and brands are collaborating closely to deliver branded residence schemes across diverse geographies, from global cities to emerging markets and resort locations. These developments are built to high specifications and promote brand-specific lifestyles, emphasising sustainability to address buyers' growing environmental and wellness concerns.

As a rapidly growing global sector, competition for developments and buyers is fierce. Understanding disparate local markets, buyer preferences, and effectively unifying brand identity with the essence of a place, will continue to drive the success of branded residence projects. The sector is no longer solely dominated by luxury hotel brands, as other chain segments are growing, enabling the industry to cater to different buyer needs across vastly different geographies. Younger buyers, in particular, are becoming a significant customer base, shaping the sector's evolution and driving changes in the provision of amenities and services worldwide. Premiums for branded residences remain a notable aspect of the market. Existing brand awareness, coupled with associated qualities in design and service, incentivises buyers to pay a premium for these properties. On average, in 2024, branded residences command a global premium of 33% compared to non-branded products. However, these premiums vary significantly by location, brand, and type of scheme. In emerging cities, where luxury brands appeal to growing numbers of high-net-worth individuals, branded pro-

Based in the Savills London HQ, we have a global coverage with a particular focus on European projects. Over recent years we have greatly expanded our geographical reach, offering our services across a wide range of markets to include the Middle East, Africa, the Indian Ocean, Asia Pacific, and the Caribbean.

jects can achieve pricing premiums as high as 47% compared to non-branded properties. The sector's growth is evident across the globe, with the Middle East leading the charge in pipeline growth. Locations like Dubai, South Florida, and New York are currently top destinations for branded residences, but emerging cities and resort locations are also climbing the ranks as they cater to diverse buyer preferences. Additionally, the branded residence space has evolved from being predominantly hotel brands to a mix of hotel and non-hotel brands, with parent companies competing for market share and recognition. Differentiation is crucial for brands and parent companies alike to attract buyers, and collaboration with developers will remain vital for the continued success of branded residences in this growing and competitive sector.

The destinations exhibiting the most significant development activity often include brands that are licensed across multiple projects. Across the five most active markets globally, only 65% of branded residential development are unique and with more than 220 brands active in the sector, that leaves sufficient room for development before saturation becomes a challenge.

Q. Savills is renowned for their extensive research reports. Where can readers find more information on residential trends around the world?

A. We regularly distribute research data to the industry from every aspect of real estate – commercial, capital markets, spotlight reports on specific cities and countries.

Readers can log in to www.savills.co.uk/sectors/branded-residences.aspx to see our latest research on branded residences and much more.

For further information on Savills and how they can assist, Rico and Louis Keighley, Head of Development Advisory at Development Consultancy International, Head office London, can be contacted at rico.picenoni@savills.me and lkeighley@savills.com.

On average, in 2024, branded residences command a global premium of 33% compared to non-branded products. However, these premiums vary significantly by location, brand, and type of scheme. In emerging cities, where luxury brands appeal to growing numbers of high-net-worth individuals, branded projects can achieve pricing premiums as high as 47% compared to nonbranded properties.

Miodrag Spahić, Editor-in-Chief of The Collection, sat down with Maja Borovina Frankić (Founder of MBF) to talk about the upcoming MBF event - a groundbreaking initiative born from a desire to unite fragmented sectors and spark real cross-industry collaboration.

Q. The Collection Magazine:. MBF was born “out of the need to create a central business platform that brings together key investment and supply chain players.” Could you elaborate on the moment or insight that sparked this idea, and how the original vision has evolved since the first edition?

A. Maja Borovina Frankić: The spark came from a frustration - a realization that I would like to have an event at home like those I am attending abroad. Despite the fact we are small market, usually networking is within one industry or even the part of the industry, so the small market gets even more fragmented and disconnected. I remember standing at one remarkable event abroad, watching investors, suppliers, tech innovators, lawyers, and so many other industries talk in between, shake hands. Every person I would run into was important; they were high level participants. I had the best experience and interest with that type of events. That’s when the idea of MBF was born: a bold, unifying platform, market one stop with cross sector meet up, where real collaboration happens, and the most important people attend. Since the first edition, it has evolved into a catalytic force, one that drives projects forward, initiates deals, and shapes the future across borders of sectors and industries.

Q. The event is powered by Building.hr, a digital platform aiming to simplify collaboration. How integral is Building.hr to MBF’s mission, and how do digital tools enhance networking

and event outcomes?

A. Building.hr is the digital tool, and MBF is its extension in a role of a meeting in person. Both power connections, fuel our ecosystem, and go beyond borders of usual habits. In a world where time is scarce and decisions are global, digital tools like Building. hr allow us to move faster and more efficient. It’s not just about simplifying collaboration and saving time; it’s about truly bridging the gap in between different industries. Our moto is "Bridging industries building connections."

Q. MBF brings together private, public, and academic decision-makers. Who do you consider your core audience today, and what concrete impacts or outcomes do you aim for them to take away?

A. Our core audience are the doers, the visionaries, and the bold ones. Whether they come from the private, public, or academic sector, they share one trait: they are builders of the future in the broadest sense. Our aim is to send them home not just informed but inspired, and armed with valuable contacts, fresh ideas, and the instinct to move forward. MBF is not an event, it is a source of value.

Q. What inspired you personally to take on the role of leading MBF? Could you share a pivotal experience from past editions (such as a memorable speaker, deal, or partnership) that reaffirmed your purpose?

A. I took on this role because I believe in creating a legacy. I like to look outside of the box, to see wider picture and beyond interest. I like to bring with my work something inspiring to leave behind. On MBF there was a lot to remember, amazing speakers, the energy during the whole event was so positive.. I saw peo-

ple from totally different industries shake hands, we got feedback about collaboration's g that were seed at MBF. That deals didn’t just validate the event. It reminded me why we created it - to bring value in any sense and to bring right people together.

Q. Looking ahead, what do you see as MBF’s biggest upcoming challenges-whether logistical, thematic, or market-driven-and what are your top goals for the next 1–3 years?

A. Our biggest challenge? Staying ahead while staying grounded. Nowadays everything is evolving fast and MBF must remain agile yet deeply relevant. Logistically, scaling across borders while keeping our community tight knit is no small feat. But our top goals are clear: 1) Never to be for everyone. We are exclusive gathering focused on bringing the value ; 2) Deepen our impact through post event conclusions and projects; and 3) We’re not just reacting to change, we’re here to shape it.

Rovinj, October 2-5, 2025

Secure Your Spot mbf.hr

Our core audience are the doers, the visionaries, and the bold ones. Whether they come from the private, public, or academic sector, they share one trait: they are builders of the future in the broadest sense. Our aim is to send them home not just informed but inspired, and armed with valuable contacts, fresh ideas, and the instinct to move forward. MBF is not an event, it is a source of value.

As a global authority in luxury real estate, Christie’s International Real Estate represents the crown of prestige and performance in high-end property transactions. With nearly 500 offices across more than 50 countries, the Christie’s brand is synonymous with excellence and heritage. Backed by the power of the legendary Christie’s auction house, our global network connects the world’s most insightful buyers and sellers through an incomparable platform of international exposure and local expertise.

From 2024, this prestigious network extends to Montenegro, one of Europe’s most exciting emerging luxury real estate markets, located in the beautiful Herceg-Novi project Portonovi with one of the best marinas and real estate properties.

We are proud to announce the upcoming opening of our new office in Budva – Bečići, where we will play a key role as master agent for the prestigious Melia Budva project with 136 5* hotel branded units, further expanding our presence along Montenegro’s dynamic Adriatic coast.

As Montenegro secures its place among Europe’s elite coastal destinations, Christie’s International Real Estate invites you to explore rare opportunities in this compelling corner of the Adriatic. With a legacy of luxury, an eye for refined living, and the world’s most respected brand behind you, your next chapter begins here.

At the heart of Christie’s International Real Estate Montenegro is a dedicated team of professionals who embody the brand’s values of integrity, expertise, and discretion. Bringing together deep local knowledge and international experience, our team is committed to delivering exceptional service and tailored guidance to refined clients from around the world. Whether advising on investment opportunities, lifestyle purchases, or exclusive waterfront properties, our specialists ensure every transaction reflects the highest standards of excellence.

Meet the team that makes your vision of luxury living in Montenegro a reality.

Montenegro’s real estate market is a unique blend of rich cultural heritage, breathtaking coastal beauty, and a thriving investment climate.

TOP5 COASTLINE VILLAS

by Christie's International Real Estate Montenegro

At Christie’s International Real Estate, we’ve analyzed market trends, local developments, and emerging opportunities to bring you the Top 5 coastal villas and properties that define luxury and sophistication in this dynamic region.

Each featured property showcases Montenegro’s irresistible charm-offering prime seaside locations, exquisite architecture, and outstanding value.

Our top 5 properties showcase the finest in Montenegrin real estate - from coastal escapes to historic villas and contemporary city homes.

We invite you to explore these exclusive listings and discover the exceptional opportunities available through Christie’s International Real Estate.

Starting in summer 2025, Christie's will open a new office in Bečići, Budva, as it takes on the role of Master Agent for a 5-star project featuring 136 branded residences.

This remarkable villa in Orahovac, Kotor, offers a peaceful retreat with exceptional design. Made of natural materials, with a contemporary design maximizing the openings and views towards the sea, this spacious property features 4 bedrooms, 5 full baths, and expansive living areas spanning 526 m2. Outside, enjoy a private pool, offering unparalleled comfort and elegance in Montenegro’s beautiful coastal landscape.

Price: €6,595,000

The ultra-luxury Sky Villa with direct sea views offers supreme comfort with total area of 611 m2 from which 341 m2 internal area, 238 m2 terraces and 33m2 pool. Sky Villa is located on the third and fourth floor of the building and consist of 3 bedrooms, 3+1 bathrooms, private pool and private elevator.

The elegant and contemporary Sky Villas are designed to reflect the nautical environment with balconies bringing the outside in, showcase infinity pools and expansive marina views, inviting you to be at one with the water.

Villa Maslina is a stunning luxury hillside property situated near the historic village of Gornja Lastva and the upscale Porto Montenegro marina. Offering panoramic sea views, this exquisite villa beautifully combines traditional materials like local stone and wood with modern design elements. Spread across five floors, it features seven bedrooms and seven bathrooms, ensuring ample space and privacy.

Carefully landscaped gardens, elegant pathways, and serene water features create a tranquil environment, on a land area of 4,100 m2 belonging to the house. Villa Maslina offers a unique living experience on the Montenegrin coast, combining historic character with modern comfort.

THE PEAKS, LUŠTICA BAY

Price: €4,232,000

Botanika, the premier residential edition of The Peaks neighborhood in Luštica Bay, Introduces a new era of elegant and refined living. Created with sustainable architectural principles and natural materials such as stone and wood, each carefully designed residence offers dramatic views over the Adriatic and the first holes of the golf course.

The villa features a private swimming pool, traditional stone terrace with an outdoor kitchen, al fresco dining area, outdoor shower, fire pit with additional outdoor dining area, garage, and internal storage area.

An extraordinary 1830 stone house that perfectly marries historical charm with modern luxury. Located in the heart of Herceg Novi’s Old Town, this heritage villa offers 284 m² of interior and 131 m² of exterior space across three floors. The only rooftop terrace in town provides a breathtaking 360° view of the UNESCO-protected Boka Bay and Orjen mountain. With 3 bedrooms, 3 bathrooms, a guest toilet, balconies, 60m² of living space, and a charming Turkish house converted into a summer kitchen, this unique villa is part of a nationally protected heritage site and integral part of old town panorama-truly a rare and historic opportunity.

WHERE LUXURY LIVES

Your Partner for Premium Projects in the Western Balkans

The Power Behind Prestige: Company Iron Group is Redefining Real Estate in the Balkans

In the dynamic intersection of luxury, strategy, and transformation, Company Iron Group stands as a silent powerhouse — architecting success stories across the real estate, hospitality, and energy sectors. Headquartered in the idyllic Adriatic nation of Montenegro, this multifaceted consultancy and project management firm has swiftly become a name synonymous with excellence, integrity, and end-to-end execution across the Western Balkans.

MORE THAN A CONSULTANCY — A COMPLETE PROJECT PARTNER

Iron Group is not just a consulting agency. It is a one-stop destination for investors and developers seeking to navigate the complex terrain of large-scale projects. Whether it’s a luxury resort on the Montenegrin Riviera or mountainside, an urban mixed-use development in Belgrade, or a greenfield tourism project in Albania, Iron Group provides a full spectrum of services:

• Strategic Consulting

• Asset Management

• Development Management

• Construction Management

What sets Iron Group apart is its comprehensive approach. With a diverse team of economists, financiers, lawyers, engineers, and architects, the firm is uniquely positioned to align every project with both the client’s vision and the region’s regulatory and infrastructural realities.

WHY IRON GROUP IS THE STRATEGIC CHOICE FOR VISIONARY INVESTORS

In a region as diverse and opportunity-rich as the Western Balkans, success hinges on local expertise, international standards, and uncompromising execution. Company Iron Group combines all three in a way few others can.

From concept to keys-in-hand, the firm supports investors with:

• Identification of the most attractive investment opportunities

• Feasibility studies and regulatory compliance

• Financial modelling and funding strategy

• Hotel operator negotiations

• Design coordination and permit management

• Contractor tendering and construction oversight

Whether you are an international fund manager, a hotel brand, or a private investor with a bold vision,

Iron Group offers the ideal combination of local insights and global professionalism.

In Montenegro’s opulent resorts, Albania’s untapped coastline, or Serbia’s vibrant capital, IRON GROUP is there — not just managing your project, but elevating it.

IRON GROUP

Your Partner for Premium Projects in the Western Balkans. irongroup.me

+382 67 008 160 info@irongroup.me

REGIONAL EXPERTISE: MONTENEGRO, ALBANIA, SERBIA

While its operational footprint covers the broader Western Balkans, Iron Group has cultivated in-depth market intelligence and on-ground experience in Montenegro, Albania, and Serbia — three markets at very different stages of real estate maturity.

MONTENEGRO: A BOUTIQUE HAVEN FOR GLOBAL LUXURY

With its dramatic coastline, mountain backdrops, and investor-friendly climate, Montenegro has evolved into a bona fide luxury destination. Landmark developments such as Porto Montenegro, Luštica Bay, and Portonovi have set the benchmark for ultra-premium living and have introduced Montenegro with the most renowned hotel brands – Regent, Chedi and One & Only. In 2024, Portonovi made headlines with a record-breaking sale of a One&Only villa for over EUR 11 million, signaling robust international appetite. The introduction of global hospitality brands such as Swissotel, Pullman, Hyatt Regency, Melia, Mövenpick and Radisson Collection into residential projects further underscores the importance of branded residences in attracting discerning investors. While the southern coastline remains the crown jewel, Montenegro’s northern region has recently begun developing at an equally impressive pace. With investments flowing into ski resorts, mountain lodges, and eco-tourism infrastructure, the north is quickly transforming into a year-round destination. This evolving balance between the coast and the mountains is shaping Montenegro into a true 365-day destination. However, growth isn’t just aesthetic; it’s structural. The future hinges on

connectivity. Montenegro’s potential will truly flourish once strategic upgrades to Podgorica and Tivat airports materialize under new concessions, with plans for expanded capacity, better airline access, and even a water terminal in Tivat. Looking ahead, Montenegro’s prospect of joining the European Union by 2028 adds a powerful layer of geopolitical and economic appeal. EU accession is likely to boost investor confidence, encourage foreign direct investment, and contribute to regulatory alignment—all of which position Montenegro as one of the most promising real estate markets in Southern Europe and beyond.

Average Prices: EUR 8,000–11,500 per sqm in prime luxury coastal developments

Future Outlook: Continued growth, especially in branded residences and lifestyle-focused second homes

ALBANIA: THE SLEEPING GIANT AWAKENS

Once overlooked, Albania has recently emerged as the most exciting frontier in Southeastern Europe. The engine? A potent mix of a strong local diaspora, aggressive domestic developers, international architects and an increasingly investor-friendly legal framework.

With some of the most liberal legislation for investors in the region, Albania is welcoming international capital with open arms. Tirana

International Airport has quietly become one of the best-connected small airports globally, spurring an impressive surge in tourism and development.

While the market is still nascent, Albania offers untapped potential for luxury, eco-tourism, and large-scale mixed-use projects.

Average Prices: EUR 2,200–4,500 per sqm in emerging coastal projects

Future Outlook: High growth potential; entry phase for early movers seeking value creation

SERBIA: A METROPOLIS IN MOMENTUM

Serbia, led by Belgrade as its economic engine – has become one of the fastest growing real estate markets in the region. The Belgrade Waterfront project by Eagle Hills not only transformed the city’s skyline but also recalibrated pricing expectations.

Since then, prices have surged, driven by a strong domestic market, an active diaspora, and a significant influx of Russian capital, especially post-2022. Serbia’s neutrality in the geopolitical landscape has made it a magnet for capital preservation and high-yield real estate plays.

Average Prices: EUR 3,500–8,000 per sqm in central Belgrade luxury properties

Future Outlook: Stable growth; increased segmentation between luxury and middle-market urban living

YOUR SUSTAINABLE INVESTMENT

Over the last 20 years, aged single malt Scotch whisky has become a sought-after investment due to rising demand and limited supply. Scotch Whisky Investments, with offices in the Kingdom of Netherlands, Montenegro, and Scotland, specializes in trading rare bottles and barrels of single malt whisky.

We offer comprehensive investment services, managing everything from cask selection to portfolio development and final sale.

Our team ensures a seamless experience, handling every step with expertise.

Interested in exploring the potential of single malt Scotch whisky as an investment?

Discover the unique opportunities that we in Scotch Whisky Investment offer in this exclusive market.

Alternative Investment Index

The Knight Frank Luxury Investment Index

A lush retreat in Boka Bay...

...where palm trees sway and life slows down

DIVNA DESIGN

A design that feels like you.

SOPHIE’S BEAUTY LINE ARRIVES AT BOKA PLACE

This summer, Sophie’s Beauty Line (first champagne-beauty salon concept in the region) opens its doors at the heart of Porto Montenegro’s most prestigious address — Boka Place. Blending elegance with innovation, the salon offers a full spectrum of hair and beauty treatments, alongside the latest in aesthetic technology. From Endospheres and EmSculpt (BTL) to the groundbreaking Morpheus8 — a next-generation fractional radiofrequency microneedling device for deep skin rejuvenation — every detail is designed to elevate your self-care routine. Guests are welcomed with a glass of Veuve Clicquot at the in-house champagne bar, setting the tone for a truly indulgent experience.

THE COLLECTION DREAM WEDDINGS FEATURE

Dear

soon-to-be newlyweds, dreamers, lovers, and all of you who’ve just begun to wonder, “What if that day is ours?”

Welcome to another edition where love isn’t just a theme – it’s the guiding thread, the inspiration, and the reason we celebrate. Here, weddings aren’t simply planned –they’re thoughtfully crafted with heart, care, and passion. Whether you’ve already stepped into the planning world or are just considering that exciting first move, now is the perfect time to begin – with the right people by your side.

In this issue, we take you behind the scenes of wedding planning agencies and explore how truly invaluable professional support can be at every stage of preparation. We’ve visited romantic vineyards and elegant restaurants, stayed in hotels full of charm and character, and followed the stories of couples who’ve already walked this path. We spoke with people who don’t just organize weddings – they create them. And from that energy, a new

idea has taken root and begun to grow – Espouse. What started as a concept is now becoming a living, breathing platform with a clear purpose: to connect, inspire, and simplify wedding planning across the region. Step by step, we are building a space that will soon bring together top-tier services, practical advice, and real stories – all in one place, always accessible, always with heart and style.

So, flip through, dream big, and start planning. And remember – the perfect wedding doesn’t exist on paper. It’s created where love meets good ideas, skilled hands, and the little details that make all the difference.

With heart, inspiration, and a touch of sparkling chaos,

Your Wedding Editorial Team

ESPOUSE - DIGITAL WEDDINGS EDITION

A DIGITAL GUIDE DESIGNED TO INSPIRE, INFORM, AND HELP YOU CREATE THE WEDDING OF YOUR DREAMS.

POWERED BY THE COLLECTION

Then availible on:

Trg Slavija, Bulevar oslobođenja 2/2 11000 Beograd, Srbija 065 26 87 023 / 062 70 84 69 / 011 26 87 023 office@citybrides.rs / www.citybrides.rs

Destination Wedding A LUXURY THAT DEMANDS A TRUSTED COMPANION

It sounds like a dream: saying your “I do” beneath a canopy of Tuscan vines, on a cliff overlooking the Aegean Sea, or in the stone courtyard of an 18th-century Dalmatian palace. And it truly can be a dream – but only if you’re prepared to face more than 500 small decisions that come with that choice. Without professional support, a destination wedding can quickly turn from a fairytale into a logistical nightmare.

That’s why hiring an experienced wedding planner is not a luxury – it’s a necessity. The truth is simple: you can’t know everything, you can’t control everything, and you shouldn’t try to.

WHAT REALLY HAPPENS BEHIND THE SCENES OF A DESTINATION WEDDING?

• Choosing the location is just the first step. What follows is a series of challenges that often remain invisible – until it’s too late:

• Who are the reliable local vendors?

• Who ensures that the music, flowers, photographer, and lighting all show up – and work?

• How do you negotiate with restaurants and hotels in a language you don’t speak?

• How do you arrange transportation and accommodation for guests arriving from multiple countries?

• What happens if it rains? Or the power goes out? Or the paperwork isn’t in order?

A wedding planner knows how to answer all of these questions – even before you think to ask them.

PEACE OF MIND ON YOUR WEDDING DAY IS PRICELESS.

The greatest value a planner brings in isn’t knowing where to find the prettiest napkins or how to book a DJ at the last minute – it’s peace of mind. On your wedding day, you shouldn’t be checking schedules, calling drivers, looking for a lost bouquet, or troubleshooting lost guests. You should be fully present – joyful, relaxed, and smiling.

The planner is the one who loses sleep in the days before the wedding – so you don’t have to. They are your coordinator, negotiator, therapist, strategist, and firefighter. They know where to be, what needs to work, and who’s responsible for it. Without them, every detail falls on you.

YOUR GUESTS ARE COMING FOR YOU – BUT SOMEONE NEEDS TO WELCOME THEM.

Destination weddings often involve many guests traveling from different places. And each one has questions: Where is the accommodation? When does the transfer leave? Who do I contact for special requests?

Without a planner, all those messages and calls come to you – precisely when you’re trying to relax, take a deep breath, and prepare for the most important moment of your life.

WHAT DO YOU GAIN WHEN YOU HIRE A PROFESSIONAL?

A partner to guide you through the entire process

Negotiations with local vendors and service providers

Verified contacts and realistic pricing

A backup plan for every scenario

Full coordination on the wedding day

Guest communication and assistance

Help with budgeting and prioritizing

The freedom to be fully present – in every sense

And let’s not forget: the perfect day doesn’t happen by accident

While preparing this article, we spoke with several wedding planners who specialize in destination ceremonies – including Tamara Perić, founder and owner of Tamara Perić – What a Wedding, a wedding planning agency. They all agreed on one thing: what separates a successful event from a chaotic one is the presence of someone who knows exactly what they’re doing.

SO – CHOOSE THE PERSON BEFORE THE PLACE

You may not remember every detail, but you’ll always remember how you felt. Your job that day is to love, live, and celebrate. To be present – not overwhelmed. And for that to happen, someone else must be in control.

An experienced planner is not an add-on – they’re your foundation. A quiet ally who knows when to step in, when to push, and when to let the moment shine.

So, when planning to say “I do” far from your hometown, your country, or your language – make sure your first decision isn’t the location, but the person you’ll trust with all the others.

At a Glance

Capacity:

Palm Terrace: 80 guests (April–October)

Olive Terrace: 120 guests (April–October)

Sky Terrace: 100 guests (April–October)

Beach Bar: 600 guests (April–October)

Venue Style:

Luxurious coastal ambiance with modern details

Catering Options: Meat, fish, and vegetarian menus

Included in Rental:

Tables, chairs, basic decoration, sound system

Accommodation: Not available

Parking: Available

Adriatica Restaurant & Beach Club Find us under the olive trees

Adriatica Restaurant is the perfect place for lovers of fine dining and impeccable service. Located right on the coast, with a stunning view of the charming town of Perast, this five-star restaurant offers an unforgettable experience that blends sophisticated cuisine with elegance.

Renowned for its exceptional selection of Mediterranean specialties, fresh fish, and seafood, Adriatica uses only the finest local ingredients, prepared with love and care by top chefs. A carefully curated selection of Montenegro’s finest wines, along with worldclass labels, completes the gastronomic experience, elevating every dish to a new level. Beyond delighting food enthusiasts, Adriatica is also one of the most sought-after wedding venues in Montenegro. With its idyllic location, luxurious ambiance, and flawless service, the restaurant creates a fairy-tale setting for those once-in-a-lifetime moments.

Whether you’re looking for an intimate dinner at sunset, a celebration of a special occasion, or the romantic wedding of your dreams, Adriatica is a destination that exceeds all expectations. Experience the perfect fusion of exquisite cuisine, elegance, and breathtaking views at a restaurant that captivates from the very first visit.

A: Kamenari bb, 85340 | T: +382 69 101 018 E: foodstylemne@gmail.com | I: adriatica_restaurant_

At a Glance

Number of Event Spaces: 5

Capacity:

Up to 120 guests

Venue Style: Historic seaside villa with Mediterranean gardens and elegant ambiance

Catering Options: Meat, fish, and vegetarian menus

Included in Rental: Furniture and event setup available upon request, with additional charge

Accommodation: Available upon request

Parking: Available upon request

Villa Banac Between Reality and Dreams

Villa Banac is the perfect setting for couples dreaming of an elegant, intimate wedding with soul - where every sunset feels like a scene from a film. Perched on a hillside with panoramic views of Cavtat and Dubrovnik, this historic villa offers a rare blend of heritage, beauty, and complete privacy.

Once the summer residence of a prominent family, Villa Banac today is a place where modern celebrations meet timeless charm. Stone terraces, Mediterranean gardens, and sweeping sea views create an atmosphere that is both cinematic and deeply personal. From golden hour ceremonies to dinners under the stars, every event at Villa Banac becomes a truly special experience - shaped by your own style and story.

With multiple event areas and full flexibility in styling and catering, Villa Banac gives you the freedom to design your perfect moment. Whether you’re planning an intimate gathering or a lively celebration, this is a venue that lingers in memory - spontaneous, refined, and unforgettable.

A: Trumbićev put 25, Cavtat, Croatia

W: https://villabanac.hr/

E: info@villabanac.hr

T: +385 99 799 1626

I: @villabanac.hr

At a Glance

# of event spaces: 2

Maximum seating capacity: 450

Venue style: Outdoor event

Catering choises: On site catering

Rental includes: Presence of event manager during the event, hostesses, security

Parking options: Parking Available 120

Galija BeachEnchanted Vows by the Adriatic: Gallia Beach as Your Dream Wedding Destination

Galija Beach, nestled in the serene beauty of Montenegro's Sveti Stefan, emerges as an enchanting wedding venue along the Adriatic. This exquisite beach, with its distinct red rocks and golden sands, offers a picturesque setting that captivates the heart. Surrounded by verdant forests and rich Mediterranean flora, it presents a naturally romantic paradise ideal for celebrating love.

The beach's crystal-clear waters invite not just for swimming but provide a magical underwater backdrop for unique wedding photos, especially appealing to couples who enjoy snorkeling or diving. Imagine exchanging vows with the vibrant marine life as witnesses to your union.

Galija is not just about the scenic beauty; it's a venue that seamlessly blends the joy of celebration with the tranquility of nature. It offers the perfect ambiance for weddings, whether you're envisioning a sunset ceremony or a starlit celebration. The presence of renowned DJs can elevate your wedding reception, allowing you and your guests to celebrate your love with dancing on the beach under the stars.

T: +382 67 06 00 05

E: plaza.galija.me@gmail.com

I: galija.beach

At a Glance

# of event spaces: 1

Maximum seating capacity: 32

Venue style: Modern Coastal Elegance with Minimalist Luxury

Catering choises: In house catering, all options

Rental includes: Villa privatization, Accommodation, Indoor Event room, Personnel

Accommodation: 4 Bedrooms, up to 14 Guests

Parking options: Parking up to 4 cars

SeiSensi Luxury Beach Villa Elegance Lives by the Shore

Imagine a villa where the sun kisses the sea, and every sunset feels like your own private painting. SeiSensi Luxury Beach Villa is a modern seaside sanctuary with direct beach access and panoramic Adriatic views, designed for couples and groups seeking exclusivity, style, and serenity.

With four spacious en-suite bedrooms spread across three levels, SeiSensi accommodates up to 14 guests in refined comfort. The master suite offers sweeping sea views, while the ground floor flows into a stylish lounge, kitchen-bar, and an expansive terrace. Below, three high-ceiling bedrooms open to the lush, private outdoor space.

Whether you're hosting an intimate beach wedding, a group celebration, or simply retreating from the world, SeiSensi offers a heated infinity pool, al fresco dining with a built-in barbecue, and the option for private chefs, bartenders, and full-service staff.

This is not just a villa. This is a symphony of sea, light, and luxury-a place where unforgettable moments unfold with every breeze.

A: Zeleni Pojas bb, Bar, Montenegro

T: +382 69 278 500

E: ceo@thill.pro

I: seisensi.villa

At a Glance

#of event spaces: 3

Maximum seating capacity: 35

Venue style: Indoor and outdoor space

Rental includes:

Catering, tables and chairs, flatware, stemware and dedicated service

Accommodation: 13 units

Parking options:

Parking included

Kazbek Boutique Hotel Where Love and Luxury Meet in Dubrovnik

Transform your special day into an unforgettable experience at the enchanting Boutique Hotel Kazbek in Dubrovnik. Our 16th-century villa offers an idyllic setting, where history, luxury, and romance converge to create the perfect coulisse for your wedding. Timeless Elegance: With its classic architecture, beautiful courtyards, and lush gardens, Kazbek provides a timeless and romantic ambience that will leave a lasting impression on you and your guests. Exclusive Privacy: Our boutique hotel ensures that your wedding is a personal and unique experience, allowing you to celebrate with your closest family and friends in a secluded and serene environment. Breathtaking Views: Our picturesque location offers stunning views and photo opportunities that will capture the magic of your special day. Gourmet Cuisine: Delight your guests with a culinary experience, we use the finest local ingredients to create menus tailored to your preferences. Luxurious Accommodations: Offer your guests the ultimate comfort with our elegant and spacious rooms, providing a peaceful retreat after the festivities. Unmatched Service: Our experienced and attentive staff is committed to providing exceptional service. From the moment you arrive until your final farewell, we ensure that every aspect of your wedding is flawless.

T: +385 20 362 900

E: info@kazbek.com

W: kazbekdubrovnik.com

At a Glance

# of event spaces: 3

Maximum seating capacity: 150

Venue style: Indoor event

Space, ballroom

Catering choises: On site catering

Rental includes:

Catering, Tables Adorned With Linens, Chairs Draped In Covers, Flatware, Stemware, And Dedicated Service

Parking options: Parking Valet Available

Square Nine, Belgrade A truly remarkable wedding celebration

An impeccable experience at the Square Nine hotel, for which high-end hospitality has been a long-standing standard, is ensured by a harmonious and well-coordinated team. SQ9 is the ultimate choice for an intimate, classy wedding, with carefully planned details “that money cannot buy” - refined luxury.

Inspiring, Classic, Romantic or Diamond - menu packages of four, five or six courses prepared by the Executive Chef of SQ9, will satisfy even the most demanding connoisseurs of Fine Dining.

The elegant restaurant The Square, which is located on the ground floor of the hotel, continues onto the Mediterranean garden, making this space ideal for elegant and chic wedding events with a capacity of up to 100 people.

T: +381 60 0322 418

E: events@squarenine.rs

W: squarenine.rs

We make your Day so Special

We have been creating the most heartfelt and unforgettable weddings for over 12 years in Montenegro, Croatia, Italy, Greece, and other European countries upon request. Our services include the full organization of your celebration: from designing the concept and style, selecting the perfect venue, and coordinating all necessary vendors, to managing leisure activities, transfers, guest accommodations, and optimizing your budget. With us, your wedding will truly feel like a fairy tale come to life!

WEDDING

Adriatica Restaurant & Beach Club

Kamenari bb, Herceg Novi Montenegro adriatica_restaurant_

BAR-KOD SHOP

Dr Rajka Đurišića 3, Podgorica Montenegro www.barkodshop.me barkodshop_parfimerije

City Brides

Trg Slavija, Bulevar oslobođenja 2/2 Belgrade, Serbia www.citybrides.rs vencanice_citybrides

Chic Weddings and Events Agency Bar, Montenegro www.chic-eventagency.com chic_weddings_events

Galija Beach

Sveti Stefan, Crvena Glavica Budva, Montenegro galija.beach

Kazbek Boutique Hotel Lapadska Obala 25, Dubrovnik Croatia www.kazbekdubrovnik.com kazbekdubrovnik

Martina Skrobot Photography

Based in Europe/ Available worldwide martina.skrobot@times.hr martinaskrobotphotography

SeiSensi Luxury Beach Villa Zeleni Pojas, Bar Montenegro seisensi.villa

Square Nine Hotel Belgrade Studentski trg 9, Belgrade Serbia www.squarenine.rs sguareninehotel

Villa Banac Trumbićev put 25, Cavtat Croatia www.villabanac.hr villabanac.hr

IT'S NOT A BEACH IT'S A FEELING

Rooted in tradition and crafted to the highest hospitality standards, our bespoke chefs transform heritage into a remarkable dining experience. Forza Porto’s locally inspired menu reimagines classic flavors with a modern twist, paired with world-class wines. Immerse yourself in the region’s spirit while savoring the details that set us apart.

E: forzaporto@forzahotels.com

T: +382 67 097 756 I: forza.porto

Redefines Montenegrin cuisine with a fresh, contemporary twist, offering a dynamic dining experience where tradition meets innovation - all with the best view over the majestic Boka Bay. For a refined experience, the second section offers a curated 3-5-7 course menu paired with premium wines, alongside an à la carte selection featuring six starters, six mains, and six locally inspired dessertsall crafted with the finest ingredients.

RE:D Conference in Podgorica: A New Impulse for the Real Estate Market

The first Montenegrin edition of the RE:D (Real Estate Development) conference brought together more than 350 domestic and international leaders from the real estate, urban development, tourism, and finance sectors. Over the course of two days in Podgorica, key challenges facing the Montenegrin market were discussed — from a lack of infrastructure and legal predictability to the need for a strategic approach to investment. The keynote speaker was Mohamed Alabbar, one of the world’s most renowned real estate investors. He called for joint efforts with the local community, emphasizing the importance of transparency, involvement of local stakeholders, and social responsibility in potential projects.

Deputy Prime Minister Nik Đeljošaj, in opening the conference, stated that Montenegro is open to sustainable investments and that a stable and predictable investment environment should be built through public-private dialogue.

Professor Miloš Bešić warned that messages discouraging investors could be harmful to development and called for the creation of a system that protects national interests through clear rules for all.

Professor Maja Baćović pointed to negative global economic trends — slowing growth, inflation, and protectionism — which will also be reflected in the regional real estate market.

The RE:D conference was officially closed with an interview featuring international strategic consultant and former NBA player Predrag Savović. The organizers of the conference are Web Media Group, the Bankar.me portal, and the HESA Group, which has already successfully hosted this event in Zagreb. The event was also supported by the European Bank for Reconstruction and Development, along with many other partners. The conference was supported by The Collection Magazine. Strategic partners were Golden Group and Colliers Montenegro.

According to the organizers, the RE:D conference — which expanded from Croatia to Montenegro — will become even broader and richer in content in the coming years.

Panels featured prominent hoteliers, bankers, government officials — including ministers and mayors — as well as investors and other key stakeholders in the real estate market.

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QUITE SIMPLY, BILLBOARDS ARE THE GENTLEMAN OF MEDIA.

THE GENTLEMAN OF MEDIA

MONTENEGRO METROPOLIS MEDIA is proud to be recognized as a reliable and stable business partner. By consistently meeting our obligations to both local authorities and our partners, we have established ourselves as the leading and most trusted provider in the field of outdoor advertising. Our success grows year after year, driven by efficient management and dedication to every detail. We also invest heavily in socially responsible projects, contributing to various aspects of community development through thoughtful donations.

Our team is made up of talented professionals guided by strong principles. We aim to build lasting partnerships rooted in trust, providing personalized care and attention to every campaign. For us, clients are more than business partners—they’re friends who can count on us.

Billboards are a unique medium that benefits local communities through fees generated by their installation. Strategically placed and seamlessly integrated into urban infrastructure, they bring vibrancy to cities, creating a sense of energy and life.

Billboards are windows into the world of imagination and reality - a place where products are displayed vividly in supernatural size, day and night. Their reach and the impact of their mes-

sages are unmatched by other media. Like open-air works of art, billboards turn creative concepts into colorful galleries, becoming iconic elements of cityscapes and shaping the unique character and atmosphere of each urban area.

Emerging trends in the outdoor advertising industry are increasingly focused on digital screens, where dynamic, creative ideas come to life in breathtaking ways. In global cities, these spectacular LED displays create illusions that leap beyond their frames.

Marketers are racing to harness the full potential of this medium in innovative ways, fueling a growing trend of original, boundary-pushing billboard campaigns.

Simplicity is the greatest strength of billboards. With a carefully crafted media plan, they become the cornerstone of any successful campaign. When the creativity of designers meets the skill of our small team, extraordinary ideas emerge from grand structures.

A billboard can’t be switched like a TV channel or interrupted by unwanted ads, it captivates viewers without distraction, delivering messages without the words of hate.

BLACK VELVET YACHT AFFAIR

AN EVENING WHERE LUXURY, TECHNOLOGY, AND MEDITERRANEAN ELEGANCE MET IN PERFECT HARMONY

As part of the third edition of the prestigious Game Changer Montenegro Festival powered by MTEL, one of the most anticipated and glamorous events of the program took place — the exclusive Black Velvet Yacht Affair, co-hosted by The Collection Magazine and the Game Changer platform.

Aboard the magnificent Riana, a 42-meter-long sailing yacht embodying the spirit of tradition, elegance, and modern design, more than 150 hand-picked guests from the worlds of technology, corporate leadership, the creative industry, and media gathered to experience a unique atmosphere where the boundaries between business and lifestyle, formality and leisure, simply disappeared.

The black dress code wasn’t just a style choice — it was a statement. It brought cohesion, elegance, and visual power to the evening, reflecting both sophistication and a sense of belonging to a bold, innovative, and globally-minded community.

Set against the warm evening breeze of Tivat and the shimmering lights of Porto Montenegro, the guests enjoyed a carefully curated ambiance with Malfi gin cocktails, expertly prepared sushi, and gourmet bites that satisfied both palate and aesthetic. The mood was elevated further by a live DJ set on the upper deck, filling the evening air with smooth rhythms and vibrant energy.

Only meters away from the shore, with the sound of water gently lapping against the hull and Porto Montenegro glowing in the background, Black Velvet Yacht Affair became a space of meaningful conversations — about artificial intelligence, sustainability, ESG principles, the creative economy, and the values that bring us together: real connections, human warmth, and the inspiration that moves us forward.

Special thanks go to our partners who recognized the vision of this gathering and contributed to the atmosphere of excellence and purpose: Delta District, BMW Voli

THE COLLECTION

Motors, and Technogym. Their presence and support were not just symbols of prestige — they were proof of a shared outlook toward a future where luxury is not only about aesthetics, but also about consciousness, purpose, and shared values.

Black Velvet Yacht Affair showcased the power of the Game Changer platform to bridge worlds — connecting technology and art, corporations and creatives, investors and visionaries. It was an evening that went far beyond expectations — not just in style, but in the way it redefined what a business gathering can look like.

As the final beats echoed across the deck and the sea breeze carried the elegance of black silhouettes into the night, one thing was certain: this wasn’t just a party. It was a statement. About what the future looks like — when it’s dressed in black, served with taste, and lived under the open sky.

EUROLUCE d.o.o.

Donja Gorica, Podgoric a 06 9 03 3 05 5

ww w.luceitalia.m e

o ffi ce@luceitalia.m e

ESCAPE TO HVAR ISLAND MEET MINDFUL LUXURY

Cradled by olive groves and fragrant pines, Maslina Resort unfolds along the peaceful shores of Maslinica Bay, a breath away from Stari Grad’s 2,400-year-old soul. Luxury is felt here in the ripples of the Adriatic, the aroma of sunwarmed herbs, and the taste of the island on every plate.

Designed with natural minimalism in mind, Maslina fuses French touches and Japanese simplicity with the best of the Mediterranean. Local wood, stone, and terracotta create a dialogue between the indoors and out, while sustainable craftsmanship ensures every detail flows with nature.

Pharomatiq Wellness channels the island’s healing environment, where garden-grown botanicals soothe the senses. At Terra Restaurant, the UNESCO-protected Mediterranean diet is a story told through flavor, while A·Bay Beach Bar beats during long summer days. For little explorers, a world of discovery awaits in the Kids’ Playroom, while curated experiences, especially the brand-new excursion boat, weave each guest into the heart of Hvar. A new chapter is also on the horizon, as five exquisite villas will soon join the Maslina family, deepening the resort’s spirit of Mindful Luxury.

WHERE ART, CULTURE AND COMMUNITY CONVERGE

OPENING: FALL 2025

BELGRADE’S LEADING HOTEL OF THE WORLD

Discover the art of refined hospitality at Square Nine, Belgrade’s design landmark envisioned by renowned architect Isay Weinfeld. Tucked within the historic heart of the city, it offers impeccable service, fine dining, and an extraordinary collection of original mid-century furnishings.

Choose from 45 elegant rooms and suites (32–175 sqm), featuring warm Cumaru wood paneling, Pratesi linens, Treca de Paris beds, Diptyque amenities, and curated design touches - vintage kilims, Felisi leather details, and timeless mid-century style. Throughout the hotel, discover authentic American and Scandinavian mid-century pieces, setting the tone for sophisticated comfort.

THE PRESIDENTIAL SUITE

A statement in elegance, this expansive suite features a generous living and dining area, separate bedroom, walk-in closet, marble bathroom, and kitchenette. A wraparound terrace with hot tub and loungers reveals sweeping city views.

Mid-century icons, from a Danish rosewood bar to Børge Mogensen and Hans Wegner designs, elevate the experience throughout.

MORE TO KNOW

Enjoy world-class cuisine and drinks in the intimate lobby bar, the elegant dining room, the serene courtyard, or the rooftop Japanese restaurant overlooking the city skyline.

Rejuvenate in the serene wellness area with its 18-meter pool, Technogym fitness center, sauna, steam room, Japanese ofuro tub, and a menu of expert-led treatments. Personal training sessions available on request.

Studentski Trg 9, 11000 Belgrade, Serbia TEL: +381 11 33 33 510, reservations@squarenine.rs www.squarenine.rs