January 13 (SeeNews) - German-based tourism group TUI is interested in the Montenegrin market, but currently has no plans to disclose, a company official told SeeNews when approached for comment on media reports about potential acquisitions in the country.
"In general, Montenegro is an interesting destination for the TUI Group. We have added capacity from several source markets and are continuously looking at new opportunities," the head of newsdesk/media international markets of TUI, Bernd Hoffmann, told SeeNews in an e-mailed statement late on Thursday.
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On Wednesday, Montenegrin daily Vijesti reported, quoting unnamed sources, that TUI had secured a 200 million euro loan for the purchase of a nudist village on Ada Bojana island and Bellevue hotel in Ulcinj from hotel operator Ulcinjska Rivijera [MNG:ULRI].
Representatives of TUI were expected to begin talks on the potential deal with Montenegrin prime minister Dusko Markovic in March, Vijesti said.
The 132-room Bellevue hotel located near the Velika Plaza beach, two km south of the town of Ulcinj.
The nudist settlement on Ada Bojana island was opened in 1973. It includes bungalows and houses located in the western area of the island, near the estuary of Bojana river.
No shares in Ulcinjska Rivijera were traded on the Montenegrin stock market by 11:00 CET on Friday. Shares in Ulcinjska Rivijera rose 19.31% in the period between Monday and Thursday, reaching 11.40 euro.