The hotel is considered a vital property as part of national economic development.

[1] As part of its acquisition of the resort facility, Husein Becovic through his Becovic Management Group, agreed to invest court-stipulated funds, to renovate the property, in order to return it to its status as a popular destination resort on the Adriatic Coast.

The Facility had been a resort and hospitality asset of Ulcinj-based hotel-tourist company, Ulcinjska Rivijera.

[2] According to the Purchase Agreement, BMG's required to invest no less than 6,150,000.00 Euros in the renovation of the Property, within a three-year period.

BMG purchased the property through a contract executed in Ulcinj; specifically Sales Agreement Number 1171 dated July 25, 2005.