Marriott international, inc. signs agreement to introduce the ritz-carlton brand to montenegro
Marriott international, inc. announced the signing of agreement with northstar d.o.o. to bring the ritz-carlton brand to montenegro. under the plan funded by al yasra, the ritz-carlton, montenegro and the ritz-carlton residences, montenegro are scheduled to bring the brands unrivalled elegance and legendary service to the country in 2023. design plans for the hotels 120 elegantly appointed guestrooms and suites envision relaxing sanctuaries for guests, with simple local design planned to merge discreetly with contemporary technology, all with the aim of enhancing the natural beauty of the location. the projects plans call for low-rise buildings that would blend into the terrain while maximizing sea and sunset views for guests, residents and visitors alike. the powerful backdrop of the adriatic is expected to highlight planned recreational amenities, including the propertys main restaurant, two specialty restaurants, a beach bar, indoor and outdoor pools, a salt-water lido pool, a world-class spa and fitness room, and well-equipped ritz kids and teen clubs. the hotel and residences are planned as part of a mixed-use development that is poised to include sprawling villas, manicured gardens, a yacht club and a sparkling beach cove. the ritz-carlton residences, montenegro is expected to offer 180 apartments and 48 villas and is scheduled to complete the first phase of construction in 2023, with the final phase scheduled for completion by 2028. residential sales are slated to begin in 2020.
MAR Ratings Summary
MAR Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission