Kerzner International has entered into an agreement with Triangle Investment
& Development, to build and operate a new One&Only resort in Kumbor, Montenegro overlooking Tivat Bay.
Triangle is acting as representative for the State Oil Company of Azerbaijan, which has been appointed by the government of Montenegro as the preferred bidder of this mixed-use development Project following a public tender process.
“As the Minister responsible for tourism, urban planning, real estate and the environment, I am extremely gratified to have such a serious investor like SOCAR and an operator such as One&Only for the first time in Europe in Montenegro.
“This proves that the sustainable development concept that Montenegro has committed to is becoming a reality,” said Branimir Gvozdenovic, Montenegro minister of sustainable development and tourism.
“Projects like this mean a lot to Montenegro, bringing world-class standards, new employment opportunities and incredible experiences to the destination.”
With approximately 150 luxurious guest rooms and villas, a prestigious One&Only residential component and world-class Marina, tennis academy, health spa, dining and retail options, the property is expected to attract travellers from around the world.
Strategically located at the most narrow part of the entrance to Tivat Bay, the 60-acre project will command an enviable position between mountain and sea and will overlook 1.2 km of pristine coastline of the Adriatic Sea.
This will be One&Only’s first resort in Europe and is located less than an hour from Dubrovnik International Airport.
“Montenegro is a perfect location for the first One&Only experience in Europe.
“The location is remarkable and I am very confident the resort will be well received by our many loyal One&Only guests and new guests alike,” says Sol Kerzner, chairman, Kerzner International.
“I am excited about this project and looking forward to designing and managing this new world-class resort.”
Tivat Bay offers stunning views of the Adriatic Sea, which will inform the design of both the public and private spaces of the resort.
True to the brand’s heritage, One&Only Montenegro will offer a variety of world-class cuisines showcasing regional specialties in restaurants overseen by internationally-acclaimed chefs.
The resort will also house an indulgent One&Only Health Spa, honouring the region’s heritage by utilising ancient Mediterranean traditions and holistic practices fused with modern spa therapies.
In addition, event and meeting space will be available for bespoke gatherings, whether for business or personal pleasure.