Get the latest hospitality news and inspiration straight to your inbox. Subscribe to our newsletter.

Hyatt and Blackstone to invest in Croatia

Written by:
Hyatt and Blackstone to invest in Croatia
Written by:

Hotel chain Hyatt International and US investment group Blackstone are planning to invest in Dubrovnik, Croatia.


US representatives of the two companies arrive in Dubrovnik later this month following a twinning project between Dubrovnik and Monterey, California. 
 
City officials from Dubrovnik visited to Monterey at the end of May. During their trip they toured one of the most famous golf courses in the world – Pebble Beach, which is co-owned by actor Clint Eastwood.


Croatian representatives and heads of leading city hotels (Excelsior, Argentina, Hilton Imperial, Pallace and Babin kuk) will meet in July in Dubrovnik with the head of the Monterey Conference Centre and the manager of a Monterey hotel.


Monterey officials are especially interested in plans for a golf course in Srdj, which they consider a prime location in the Mediteranean region, and thus a potential project for investment.


By Jim Glenn


Center Parcs agrees to Blackstone bid>>


Great Eastern hotel in London to be a Hyatt>>


 


Get your copy of Caterer and Hotelkeeper every week – click here to subscribe and save 25%.














Sudoku
Join the craze and play Sudoku online!






Newswire
For the latest hospitality news, sign up for our e-mail news alerts.

Start the discussion

Sign in to comment or register new account

Start the working day with

The Caterer’s free breakfast briefing email

Sign up now for:

  • The latest exclusives from across the industry
  • Innovations, new openings, business news and practical advice
  • The latest product innovations and supplier offers
Sign up for free