Regent Porto Montenegro has opened its doors to guests for the first time. The 51-room and 35-suite deluxe property is the first and only hotel in the Porto Montenegro super-yacht marina resort and is Regent Hotels & Resorts’ second property in Europe and its seventh world-wide. “We are absolutely thrilled to announce the opening of the Regent Porto Montenegro, the latest addition to the growing Regent Hotels & Resorts collection,” said Mark Lettenbichler, chief executive, Regent Hotels & Resorts.
After gaining independence in 2006, Montenegro, a country half the size of Wales and with a population of just 625,000 has attracted over €4 billion in foreign investment, and now has investors from over 100 countries around the world. The latest property development funded by British private equity company, the Boka Group - who have themselves managed over €1 billion of development value in the country, celebrated the start of construction on its latest scheme of luxury villas overlooking Kotor Bay last week, marking the start with a foundation stone ceremony attended by the mayor of Kotor.
Explore Montenegro, a new UK tour operator that specialises in Montenegrin villas and apartments, has launched ahead of the 2012 summer season. It is the first and only operator to offer a portfolio solely focused on Montenegro to the UK market.
Montenegro will be the fastest growing travel & tourism economy in the world over the next ten years with regard to travel & tourism’s contribution to GDP and employment, according to the latest economic impact research from the World Travel & Tourism Council (WTTC) and Oxford Economics.
Breaking Travel News interviews Branimir Gvozdenovic, Government of Montenegro at WTTC 2008, Dubai.