Sveti Stefan may welcome guests again as early as 2026 — the authorities are close to an agreement with the tenant that will end a years-long conflict, change the management of HTP Miločer, and pave the way for the revival of the iconic resort.
How the conflict began
As a reminder, the conflict over Sveti Stefan flared up in 2021 after a dispute over access to the island and the adjacent beaches. Local residents and the authorities insisted on preserving the right of free passage, while the tenant demanded greater privacy for guests of the luxury resort. This standoff escalated into a series of court proceedings andinternational arbitration in London, with mutual claims amounting to hundreds of millions of euros. As a result, the complex was closed, and one of the symbols of Montenegrin tourism fell into disrepair for years. The new compromise envisages the withdrawal of lawsuits, extension of the lease agreements, and a phased restoration of the resort’s operations, taking into account the interests of the local community.
New composition of the Board of Directors of HTP Miločer
At a recent session, the government approved a new composition of the Board of Directors of the hotel and tourism companyMiločer. It includes Nikola Obradović, Predrag Vlahović, and Danica Orlović.
Obradović is a certified manager, Vlahović is a certified teacher of history and geography, and Orlović is a certified tourism specialist. Previously, Marija Huter, Vladimir Lekić, and Tijana Đurašević were dismissed from their positions. Their removal followed the dismissal of Board Chair Tijana Šljukić, which, according to the government’s explanation, automatically created the conditions for a complete renewal of the governing body.
Sveti Stefan: a step toward an agreement and a possible reopening
In parallel with the personnel changes, the authorities have come closer to an agreement with the tenant of theSveti Stefancomplex — the companyAdriatic Propertiesand its partners. According to sources, the agreement could be signed by the end of the year, which would open the way for the resort to resume operations after five years of inactivity.