Asian brand The Chedi plans second European hotel in Montenegro

Luxury hotel brand The Chedi is set to open its second European property in Lustica Bay, on the coast of Montenegro.

When it opens in mid-2018, the Chedi Lustica Bay will be the largest five-star hotel in Boka Bay with 110 rooms. Construction on the project has already begun, and is expected to cost at least €25 million. 

Luštica Development AD company, a subsidiary of Orascom Development Holding, has partnered with General Hotel Management on the project. General Hotel Management is already working with Orascom in Andermatt, Switzerland, where ODH is constructing a year-round village.

Virtual Event

HOTEL OPTIMIZATION PART 2 | Now Available On-Demand

Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.


Ultimately, Lustica Bay is expected to have seven hotels in total. 

 

Suggested Articles

The collection's portfolio has 24 founding member hotels, resorts, and  lodges  that combine luxury with sustainability. 

Two new properties from Hilton and a Marriott soft brand have made their debuts across the country in recent days.

The company’s new chief development officer is thrilled with the opportunity to take Radisson to the next level.