[2][3] Due to constraints on foreign investment in communist Yugoslavia, the hotel was owned by the Rijeka-based Brodokomerc 'company'.
[4] Today the hotel resort is abandoned with the interior effectively destroyed while the buildings remain intact.
As of November, 2018 signs in the local area still reflected directions to the hotel complex.
In October 2018, it was announced that an investor had plans to redevelop the venue into a closed resort with outside investment.
The City of Malinska, state administration, and locals oppose this request.