Ritz-Carlton to open in Herceg Novi

Consortium consisting of “Northstar” from Podgorica and “Equest Capital Limited” from Great Britain are about to invest 80 million euros and bring prestigious brand Ritz-Carlton to Herceg Novi.

The Ritz-Carlton Hotel Company, LLC is an American company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 98 luxury hotels and resorts in 30 countries and territories. The current company was founded in 1983, when the previous owners sold the Ritz-Carlton brand name and the Ritz-Carlton hotel in Boston, Massachusetts. The brand was subsequently expanded to other locations. The company is today a subsidiary of Marriott International. [Source: Wikipedia]

Construction of the hotel will start soon, and it will be completed in phases over the course of next five years.

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