First One & Only hotel in Europe to be built in Montenegro

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Herceg Novi, Montenegro (22. April 2016) -- Construction of the first One & Only hotel in Europe officially started earlier today, as part of the Portonovi resort, in which, according to Chairman of the Board of Directors of the Azmont Investments Ahmet Erentok, a total of EUR 650 million will be invested.

At today’s ceremony, he said that the unique luxury destination will attract visitors from all over the world.

The whole project is further promotion of beautiful Montenegro, which we see as a prestigious destination, and the first One & Only hotel in Europe will be the jewel of the Bay of Kotor, said Mr Erentok.

He added that the Azmont Investment cooperates with many famous designers, consultants and construction companies, and the Italian Impresa Pizzarotti will be responsible for the major part of construction work.

Our goal is to set new standards -  in the country, throughout the Mediterranean and beyond, Mr Erentok noted, emphasising that the Portonovi resort will leave a special mark on the world tourism map.

Prime Minister of Montenegro Milo Đukanović underscored that the implementation of the Portonovi project will provide citizens with high-quality jobs, gives a strong impetus to economic growth of Montenegro and improves its image in the global market.