The deal is anticipated to mark the debut of Tribute Portfolio in Croatia and will be located in Rijeka, situated on the Kvarner Bay in the northern Adriatic – a gateway to the Croatian islands.
The owner and developer of the hotel property in the Setaliste XIII divizije is Jadran Hoteli Rijeka, a hotel chain majority owned by Gold Tree Hospitality.
The Jadran Hotel was opened in 1914 and will, following a rebrand into a Tribute Portfolio Hotel, feature 70 rooms, a unique food and beverage experience for the city, an expanded fitness area and a beach bar. The hotel plans to complete the renovation and rebrand, and open to guests by early 2025 to reopen following.
