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Kerzner Enters Europe
Kerzner International will enter Europe with its One&Only brand. The hotelier plans to open a hotel in Montenegro. According to Kerzner International Holdings Ltd, Paradise Island, Bahamas, the hotelier has concluded an agreement with Triangle Investment and Development Limited. The two companies will develop and operate a resort in Kumbor, Montenegro.
One&Only Montenegro will have 150 guestrooms and will feature beautiful views of Tival Bay. Triangle Investment has won the bidding in the public tender project organized by the Government of Montenegro, and now it has the right to make a mixed-use development on the site of the former military base. The company plans to invest €258 million into this project.
According to Kerzner International CEO Alan Leibman, now it is a perfect time to debut in Europe, when One&Only resorts have become more popular and recognized worldwide. Leibman is thrilled about the idea of opening a resort in such a beautiful place and of partnering with Triangle. He is also sure that once the resort is ready and operating, visitors from all over the world will be anxious to attend it.
The resort will be located on a 24-hectare large plot of land, and besides the hotel it will have a marina, One&Only Health Spa, restaurants and bars, and even some retail space. Montenegro is yet an undiscovered location for many travellers, but this country is known for its fantastic beauty, so it is likely to become a hot destination in future.
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