Public and private investors are investing EUR 204 mln in the Croatian gulf of Kvarnerski Zaljev in a major move to boost tourism in the region. The local municipalities and hotel owners are joining forces to develop and renovate hotel facilities as well as existing roads in the area. In the existing Novi Vinodolski resort complex, the new public-private venture will renovate the structures, and transform the eastern wing into a luxury scheme. It will include a five-star hotel, a multifunctional gym and a car park with 500 parking spaces.