Haludovo Palace Hotel
Product brand
UnclaimedHaludovo Palace Hotel is an abandoned resort complex on the Croatian island of Krk, best known for its brief association with Penthouse publisher Bob Guccione and the failed Penthouse Adriatic Club casino.
Last updated August 25, 2026
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Overview
Haludovo Palace Hotel was a large resort complex on the Croatian island of Krk, near Malinska and named after the nearby Haludovo beach. Built in 1971, it was developed during the period when the Adriatic coast was being promoted as a major Yugoslav tourist destination. The project became internationally associated with Bob Guccione, the American publisher who founded Penthouse magazine. Guccione invested US$45 million in the resort project, and the Penthouse Adriatic Club casino, located within the hotel complex, opened officially in 1972. The casino was intended to give the resort an unusually glamorous and internationally oriented identity, combining seaside hospitality with gaming and entertainment. The resort operated within the legal and economic constraints of socialist Yugoslavia. Because foreign investment was restricted, ownership was held through the Rijeka-based company Brodokomerc rather than directly by Guccione. This arrangement illustrated the tension between Yugoslavia's comparatively open tourism economy and its limits on foreign capital participation. The casino proved commercially unsuccessful and entered bankruptcy in 1973, only about a year after its opening. Its closure removed the central feature that had distinguished Haludovo from other Adriatic resort properties. Haludovo continued to function as a hotel and holiday complex after the casino failed, but its history became increasingly affected by the political and economic upheavals surrounding the breakup of Yugoslavia. During the Yugoslav Wars, the property was used as a shelter for refugees. In 1995, the hotel was privatized and subsequently passed through several owners. The complex hosted its last guests in 2001. After operations ended, Haludovo became a prominent example of abandoned resort architecture. The buildings remained standing, but the interiors were extensively damaged or stripped, leaving the property in a substantially deteriorated state. Its location, large-scale modernist structures, and association with the Penthouse casino made it a subject of architectural, photographic, and urban-exploration interest. Local signs continued to direct visitors toward the complex at least as late as November 2018, despite the resort no longer receiving guests. In October 2018, an investor proposal was reported for converting the site into a closed resort financed with outside investment. The proposal generated opposition because it would have restricted public access to the beach and disrupted the continuous coastal promenade between Malinska and Njivice. The City of Malinska, state administration, and local residents opposed the requested arrangement. The proposal underscored the continuing conflict between private redevelopment of coastal tourism assets and public access to Croatia's shoreline. Haludovo therefore remains both a defunct hotel brand and a contested redevelopment site rather than an operating hospitality business.
History
Haludovo Palace Hotel was constructed in 1971 near Malinska on the island of Krk, then part of Yugoslavia and now within Croatia. The resort was named for the neighboring Haludovo beach and formed part of the Adriatic tourism infrastructure that attracted both domestic and international visitors. Its scale and design reflected the era's ambition to make the Yugoslav coast a significant international holiday destination. The project's most distinctive chapter began with the involvement of Bob Guccione, founder of Penthouse magazine. Guccione reportedly invested US$45 million in the development. Since Yugoslav rules limited direct foreign investment, the property was owned through Brodokomerc, a company based in Rijeka. The arrangement allowed the resort to use an internationally recognizable Penthouse identity while remaining within the country's ownership framework. In 1972, the Penthouse Adriatic Club casino officially opened at the hotel. Its combination of seaside tourism, celebrity culture, and gaming gave Haludovo an unusually high-profile image for an Adriatic resort. The casino did not establish a sustainable business. It went bankrupt and closed in 1973, only one year after opening. Haludovo continued as a hotel and resort, but the loss of its signature entertainment operation weakened the concept that had made it internationally distinctive. The property later passed through the social, political, and economic disruptions of the Yugoslav Wars. During that period, the hotel was used to shelter refugees, adding a humanitarian dimension to its history. In 1995, Haludovo was privatized. The property then changed hands several times, reflecting the uncertain ownership and investment environment affecting many former Yugoslav tourism assets. It continued operating for a period, but its last guests left in 2001. The complex subsequently became abandoned. Although the principal structures remained intact, the interiors were effectively destroyed through deterioration, vandalism, stripping, and neglect. The site came to be recognized as an emblematic abandoned resort, attracting attention from photographers, architectural observers, and visitors interested in the remnants of Yugoslav modernism. The resort's afterlife has also involved disputes over redevelopment and public space. In October 2018, plans were announced for an investor-backed transformation into a closed resort. Local opposition focused not only on the future of the buildings but also on the consequences for the coast. Closing the complex could have limited public access to the beach and broken the uninterrupted promenade connecting Malinska with Njivice. The City of Malinska, state administration, and local residents opposed the request. As a result, Haludovo's story extends beyond the rise and fall of a single hotel: it illustrates the challenges of privatizing and redeveloping large coastal properties while preserving public access to Croatia's shoreline.
- 2018
Closed-resort redevelopment proposal is opposed
[1]A proposed redevelopment raises objections over beach access and continuity of the public promenade between Malinska and Njivice.
- 2001
The resort receives its last guests
[1]Hotel operations end, followed by the property's long-term abandonment.
- 1995
Privatization begins a period of changing ownership
[1]Haludovo is privatized and later passes through several owners.
- 1973
Casino closes after bankruptcy
[1]The Penthouse Adriatic Club casino fails and closes approximately one year after its launch.
- 1972
Penthouse Adriatic Club casino opens
[1]The casino associated with Penthouse founder Bob Guccione officially opens within the hotel complex.
- 1971
Haludovo Palace Hotel is built
[1]The resort hotel is constructed near Malinska on the island of Krk and named after the nearby Haludovo beach.
Products and positioning
A large Adriatic resort positioned in the 1970s as an internationally glamorous seaside destination, later remembered for its Penthouse-branded casino, wartime refugee use, abandonment, and contested redevelopment.
Resort hotel · 1971
Haludovo Palace Hotel resort
The principal Haludovo hospitality complex was a large seaside resort near Malinska on Krk. It offered accommodation and tourism facilities oriented toward Adriatic beach holidays. Built in 1971, it became known for its ambitious scale and for the entertainment concept attached to the Penthouse name. The hotel hosted guests until 2001 and is now abandoned, with its buildings still standing but its interiors substantially deteriorated.
Casino and entertainment venue · 1972
Penthouse Adriatic Club casino
The Penthouse Adriatic Club was the casino operation created within Haludovo through the involvement of Penthouse founder Bob Guccione. It officially opened in 1972 and was intended to add an internationally glamorous gaming and entertainment dimension to the resort. The casino was commercially unsuccessful, entered bankruptcy, and closed in 1973.
Brand decisions
2018
Proposed conversion into a closed resortStrategyBackground
An investor sought to revive the abandoned complex through an outside-funded redevelopment plan.
Action taken
The proposed project would have transformed Haludovo into a closed resort and potentially restricted access to the adjacent beach.
Aftermath
The City of Malinska, state administration, and local residents opposed the proposal because it could interrupt the public promenade between Malinska and Njivice.
1995
Privatization of the resortStrategyBackground
Following the breakup of Yugoslavia and changes in the regional economic system, Haludovo moved out of its earlier ownership structure.
Action taken
The hotel was privatized and subsequently transferred among several owners.
Aftermath
The property continued operating for several years but ultimately hosted its last guests in 2001 and later became abandoned.
1972
Launch of the Penthouse Adriatic Club casinoProduct launchBackground
The resort sought to distinguish itself as an internationally glamorous Adriatic destination by adding a casino linked to the Penthouse brand.
Action taken
The Penthouse Adriatic Club casino was opened inside the hotel complex.
Aftermath
The casino went bankrupt and closed in 1973.
Reported investment. US$45 million invested in the project (By the 1972 casino opening)
Sources1 sources
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