The company MK Group, owner of the hotels, will invest €20 million to upgrade facilities and develop Adriatic Istria Resort in Savudrija and Hotel Palace in Portorož.
MK Group, one of the leading investors and a leader in tourism development in the Adria region, has signed hotel management agreements with the global hotel owner and operator Minor Hotels. Thanks to this cooperation, Minor Hotels expands its global portfolio and is entering the Croatian and Slovenian markets for the first time, continuing to grow its global presence through strategic development in key destinations. Minor Hotels currently has 640 operating properties and projects in development in its global portfolio, with a strong strategic focus on the world’s most exclusive destinations. In Europe, the group is already recognized for luxury properties operating under the Anantara and Tivoli brands in cities such as Nice, Vienna, Rome, Lisbon and Budapest.
The current hotel in Savudrija will operate as a resort under the Anantara brand, one of the world’s leading luxury hotel brands, known for top standards, attention to detail and a strong focus on personalized guest service. A special focus of this transformation from a hotel location to a resort destination will be on spa and wellness services. In Portorož, Minor Hotels will introduce a new luxury soft brand, Minor Reserve Collection, distinguished by a carefully curated collection of unique hotels united by a commitment to sophisticated, rare and truly exceptional experiences.
Photo: Anantara Villa Padierna Palace Benahavis Marbella Resort
“Bringing these brands represents the biggest step forward in the regional tourism scene and introduces a completely new level of luxury. This concept emerged in response to growing global demand for sophisticated, authentic and truly exclusive experiences, with a particular emphasis on a unique spa and wellness experience. This move will allow MK Group to position the entire region on the map of the world’s most desirable destinations in the premium tourism segment. Slovenia is recognized for its leadership in sustainable tourism and deep-rooted wellness traditions, while Croatia continues to attract international travelers with its impressive coastline and Mediterranean lifestyle,” said Mihailo Janković, CEO of MK Group.
“The decision to strengthen our presence in Central and Southeastern Europe is driven by strong tourism growth and increasing demand for authentic luxury hospitality experiences. We are pleased to partner with MK Group on this unique opportunity to enter the Adriatic market and I am confident that the synergy of our teams will deliver a distinctive and enhanced experience at these two exceptional hotels,” said Dillip Rajakarier, CEO of Minor Hotels.
Photo: Tivoli Avenida Liberdade Lisbon
The hotels owned by MK Group in Portorož and Savudrija are entering a new development phase thanks to this strategic partnership. The company remains strategically committed to the development of Portorož and Savudrija, with investments in both hotels totaling €20 million to be carried out during 2026. With these investments, MK Group will respond to the most demanding global trends.
During the rebranding and white-label period, the hotels in Portorož and Savudrija will operate while maintaining the highest level of service quality and full availability of all guest facilities. Hotel Palace Portorož and Adriatic Istria Resort in Savudrija will remain open to all visitors in accordance with regular seasonal operating schedules. Both hotels will retain their 5-star classification, and hotel teams will remain fully committed to preserving a high level of service and reliability for all guests and partners.
MK Group and Minor Hotels will, in line with the process timeline, continue to provide the public with transparent information about the next steps and further development of the hotel portfolio.
Photo: Anantara Kihavah Maldives Villas