Kotor – At location of present “Fjord” at Kotor until June 2008 will be built a new exclusive hotel of around 48 thousand square meters with 220 rooms and 150 apartments – said to “Vijesti” Luis Megvajer, executive director of Irish company “United” Entertainment
Partners Montenegro “That at the beginning of April 2005 made contract on purchase of Kotor hotel “Fjord” owned by HTP “Fjord” for 5.5 million EUR. They paid the day before yesterday 1.5 million EUR while the rest four million will be paid till October 1, when new owners will take over and demolish hotel “Fjord”.
Megvajer said that project of the hotel done by American firm “TFC” in progress and that it will be finished till November 1.
-In the hotel that will have five stars we will invest 70 million EUR and it will operate according to highest world standards. It will have plenty conference halls and is planned building of spa as to attract tourist outside summer tourist season – said Megvajer and added that there are negotiations with renowned company “Hilton” that should manage future hotel.
Megvajer says that hotel will be full for ten months in year and that it will be necessary to reserve a place even five months in advance. He announced large investments in the town of Kotor.
-It is planed to invest in Kotor ten to twelve million EUR first of all in solving problems of infrastructure that the town has as sewage and water supply. One of project will be efficiency of cleaning of the Old town as we did in Dubrovnik. We plan to help Kotor caterers to renew cafes and make them of high standard – said Megvajer.
Beside hotel “Fjord”, the Irish company bought for two million EUR other property of HTP “Fjord”, recreational tourist center URC Slavija in the center of town at sea shore that was ruined for years. That building is earlier demolished and on that location will be built hotel with five stars.
Megvajer says that beside these two hotels they will build two more hotels but did not wish to state their location for as he said “negotiations are in progress”.
He estimates that with opening of these hotels 1500 people will be employed.
-We will open school for training of employees and study of English for the employees will have to speak it perfectly well.
Average salary will be 750 EUR – said Megvajer.