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A New 5* Luxury Hotel Planned for Bar – to Open in 2025!



02.12.2021

One of the largest Hotel Groups in the World, with several different brands under its portfolio, is set to start building a new luxury retreat in Bar, with a proposed total investment of €57m over the next five years.

The new hotel which will form part of Radisson Group who also own the brands Radisson Collection, Radisson Blu and Radisson Individuals, amongst others, is set to be completed in 2025 and it will have 322 rooms available, including luxurious communal areas, a 24 hr reception desk, 200m of its own beach, a water park, a casino and 6 restaurants.

Currently, Bar does not have a 5* Hotel and this new investment will help Montenegro further its goals of becoming a worldwide and well-renowned tourist destination including sending good signals and messages of the country’s willingness to receive foreign investment in this growing sector.

Once the news had broken of the impending investment, The Vice President of Business Development at the Radisson Hotel Group, David Jenkins, was keen to point out that ‘Montenegro is a beautiful country and we fully believe in the potential of Montenegro for our brands’. He went on to add that they will contribute to increased tourist numbers, increase in employment and create more opportunities for talented individuals in the Hotel Industry, all of which is good news for Montenegro and perfectly aligns with their growth plans over the next few years.

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  • Last year we decided to find a new home close to the sea. It was quite difficult in the beginning to make the right choice. Once we found CMM Company was a great luck! We immediately received detailed consultation on the country and purchase opportunities. Being attracted by Kotor - one of the most amazing parts of the coast, we decided to take a family trip and maybe make our dream of new home come true. As just discoverers of Montenegro, we were accepted like at home which was a one more pleasant surprise. The most important, we received all detailed information about country regions and procedure of buying property during the first few days. And how beautiful the car journeys were! Difficult choice, but when you find the home you want you can't refuse it. CMM did best to help us with this finding! All the purchase procedure passed well with CMM professional work! Now we are happy owners of a wonderful house with a Kotor bay view, being perfectly served by CMM Management company (of course, we've chosen CMM as professional house manager). Hope our friends and relatives would also move to Montenegro with the CMM help soon !!!

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  • Dear CMM team, just to leave a small feedback on the superjob you've done ! It was not an easy period for us with a child. As we had to sell our home property and decided alternatively buy some nice house at Montenegrin coast. We were truly frightened at the start. My colleague, being your customer, gave a good recommendation, so, we called the office. All the part, covering seach and purchase in Montenegro, was quickly, safe and perfectly done. Good luck and further success and propsperity to the company! Special thanks to Alexander and Snezana for professional approach!

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  • Always thought that buying property abroad isnervous and difficult task. CMM changed my mindset. I felt support and care in every step: from the first call arranged till receiving the Owner's list. I am also happy about how they make my apartment management. Now, whenever me or my family members come home to Montenegro, I am absolutely confident that my apartment is in the best condition!

    Harry, 26.02.2019 13:11:00

  • Good day! The first time we met professionally organised step by step work with property in the Southern country. It was a nice surprise for me and my spouse. Well-established algorithms helped us to understand country, its particular features, pluses and drawbacks. Professional manager (Petar Kuzmich) helped us to avoid mistaken choice and provided a really wide number of options to choose from. We felt and still do absolutely safe while buying a house. Happy to come across with your company! Will recommend to our neighboors and family friends in first Norway home.

    Alice and Andrew, 05.02.2019 13:04:00

  • As people from the North, we would express our gratitude to CMM team for advice and professionalism! Never met this before dealing with real estate. Perfect job, super-trained experts! Thanks Google we reached you. Now holidays only with CMM! My daughter is in love with Montenegro. Now started to persuade me to buy some flat on the coast. We know to whom to turn for professioanl help now!

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