Podgorica - The Hospitality Asset Management team from London, in colaboration with the Montenegrin Colliers office have been instructed by Savana Gruppen to provide asset management services for the Ramada Hotel in Podgorica, Montenegro.
These services will cover financial, sales and marketing management, as well as revenue management and leadership/GM support.
The Colliers’ Hospitality Asset Management team was introduced to the client in May 2018 via Milovan Novaković, general manager of Colliers International Montenegro. The Montenegrin office conducted an independent review of the hotel and its key operational performance drivers, its issues and overall business strategy.
The team was subsequently engaged by the owner in October 2018 to provide full asset management services for the hotel.
The Swedish investor Savana Holding AB is a privately owned construction and property company with two main lines of business: the development and administration of commercial properties under its own management, as well as the development of private apartments.
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