Montenegro Gains New IHG Property

montenegro

MONTENEGRO | IHG Hotels & Resorts has announced its next hotel in Montenegro, with Crowne Plaza Podgorica set to open by the end of the year.

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces the signing of Crowne Plaza Podgorica – its seventh hotel in Montenegro, and second in the capital city. The converted property, owned by BIG CEE, is set to open by the end of 2024.

The 122-key hotel is situated within the Capital Plaza mixed-use development and surrounded by the regional headquarters of several banks and multinational companies, including Deloitte, PWC and The World Bank.

Other features include residential properties and luxurious commercial, retail and restaurant spaces, making it an ideal destination for locals and visitors alike. The Capital Plaza has significantly influenced Podgorica’s business district over last decade, with its impressive office tower to lifestyle features, it has become a true ambassador for the country’s fast-paced development.

Alongside several meeting and events spaces, the hotel will feature one main restaurant on the first floor, and a bar and signature lounge on the ground and fifth floor respectively.

Crowne Plaza Podgorica joins the 93-room Crowne Plaza Kolasin – due to open in the second half of 2025 – as part of IHG’s growing estate in Montenegro. As one of the world’s largest premium hotel brands, Crowne Plaza offers purposeful design underpinned by flexible spaces to work, meet and relax, while meeting the needs of guests seeking productivity, relaxation and an opportunity to connect. Crowne Plaza Podgorica adds to the brand’s growing portfolio, which is expected to reach 100 open hotels in Europe by the of 2025.

“It’s wonderful to sign Crowne Plaza Podgorica, which is an important moment for IHG as we continue to grow our presence across the Balkans,” said Willemijn Geels, Vice President of Development.

“The hotel will fit seamlessly into the existing Capital Plaza development in the prime location of Podgorica and is a great example of our ability to sign and convert properties across our brand portfolio at speed.”

IHG has two open hotels in Montenegro – Regent Porto Montenegro and voco Podgorica – as well as one Iberostar Waves Herceg Novi. Crowne Plaza Podgorica joins three other properties in its development pipeline due to open in the next three to five years in the country.

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