Following the reopening of Aman Sveti Stefan on 1 July after a five-season closure, Petros Stathis said he had expected strong interest from guests. He said he fell in love with the island on his first visit, recognised its exceptional value, and always believed its appeal would endure despite the years-long closure.
On the agreement with the Montenegrin Government, under which the state will receive 10% of annual profits, Stathis said the real breakthrough was not the financial arrangement but the triumph of common sense. He described the dispute as largely political rather than commercial, stressing that Adriatic Properties suffered the greatest damage while continuing to honour its contractual commitments.
Addressing concerns about public access, Stathis said the company had worked closely with the local community by maintaining access to churches and beaches, prioritising local employment, and preserving the site’s cultural heritage. He argued that the project has also raised Montenegro’s global profile by attracting world-renowned guests and promoting the country through the Aman brand.
Asked how he presented Montenegro to international investors today, Stathis said he continues to view the country as an attractive investment destination. He pointed to Montenegro’s EU path, expressed optimism about its future, and said the company’s investment has always been driven by both business potential and a genuine appreciation for the country.
Regarding Milocer Park, Stathis welcomed the decision to limit new construction and said preserving the landscape is the area’s greatest value. He pledged to respect all agreed commitments, including broader public access, while hoping that common sense will continue to guide future decisions.
Looking ahead, Stathis said his goal is not simply to create the Adriatic’s most expensive hotel but to showcase Montenegro through one of the world’s leading luxury hospitality brands. He believes Sveti Stefan’s uniqueness and Montenegro’s natural beauty will continue attracting high-end visitors.
Discussing the Durmitor hotel project, Stathis confirmed it remains part of the partnership with Aman, with Janu by Aman expected to manage the property. He also revealed Novak Djokovic’s interest in joining the project and said details on financing, timelines and development will be announced soon.
On Montenegro’s broader tourism development, Stathis said Aman Sveti Stefan has helped attract major international investors behind projects such as Portonovi, Porto Montenegro and Lustica Bay. He believes the resort has played an important role in positioning Montenegro as a luxury investment destination.
Speaking about Nammos Resort, Stathis described it as another flagship luxury project that will strengthen Montenegro’s tourism offer. Drawing on the brand’s success in Dubai, he said Nammos will bring additional international recognition and value to the country.
Asked about future investments, Stathis said he remains committed to Montenegro despite past challenges. He said his group is ready to bring more international brands to the country but stressed that improving airport infrastructure and air connectivity will be essential for future growth.
