01 April 2019 - After the opening of the new hotel Holiday Village Montenegro with 257 rooms in the Hotel and Tourist Enterprise Ulcinj Riviera complex, the Karisma Hotels Adriatic Corporation is interested in new investments in Montenegro.
As the Executive Director of the Hotel and Tourist Enterprise Ulcinjska rivijera, Radomir Mikan Zec, explained the plan of Karisma Hotels Adriatic and their strategic partner TUI Group, which is an investment in Ada Bojana, one of the most popular tourist destinations in Montenegro.
"In regards to the investments in Ada Bojana, the management of Karisma Hotels Adriatic is categorical when it comes to houses and cottages on the side of the island. They specifically highlighted that they would not work on resolving the real estate issues on this land. Karisma is a socially responsible company that prioritizes issues regarding ecology and environmental protection. Thus, their management considers that the whole infrastructure of Ada Bojana needs to be reconstructed. This is a very serious company, and the rent of Ulcinj Riviera is a very important state project. The contract has been honoured and up to now 14 million euros have been invested”, said Zec during the interview.
As he explained, if the agreements on the lease of Ada Bojana are successful, the next step of Karisma Hotels Adriatic will be the construction of an airport in Štoj, because an airport will be necessary for their strategic partner TUI who brings guests via airplanes.
"This is only the beginning of the return of Ulcinj to the tourist map of Europe. Fifty years ago, Ulcinj was the metropolis of Montenegrin tourism with 6,200 beds, six months of active tourist season and close cooperation with TUI, and I think this is the beginning of the return of Ulcinj to the European scene," said Zec.
As he pointed out, in the first phase after the opening of Holiday Village Montenegro, Karisma should employ more than 300 workers. As for the lease of Ada Bojana, the Executive Director of Ulcinjska rivijera claims that the negotiations are on-going, but due to the season they are currently on hold. Still, he believes that by the end of the year, the negotiation process will be complete.
"According to my knowledge, TUI has demanded from the government to “deal with” illegal private houses in Ada Bojana and after their terms have been met, this company would start building various content and facilities on this land," Zec said, adding that the construction of a large airport in Štoj is included in their plans.
Karisma Hotels & Resorts is one of the world's leading hotel management companies, which has been successful in business and is known for its innovative approach, setting new standards for offering a holiday with a focus on the complete atmosphere for its guests. Karisma has 29 hotels in Montenegro, Serbia, Croatia, Mexico, the Dominican Republic, Jamaica, and Colombia.
Karisma has a business strategy and philosophy that is fully oriented to its guests and the company’s innovative concepts stand out from the competition, as witnessed by primarily satisfied guests, as well as numerous awards and recognitions such as the prestigious AAA 4 diamond award.
Source: Investitor