August 9 (SeeNews) - Blue Kotor Bay Premium Spa Resort, owned by Montenegro's Krolbay, will be expanded and operate as Hyatt Regency Kotor Bay under a cooperation agreement that the company has signed with US-based Hyatt Hotels Corporation, local media reported.
The agreement marks the arrival of the global hotel corporation to Montenegro, the country's government said in a press release on Monday.
Hyatt Regency Kotor Bay is scheduled to open in June 2023, according to local media reports.
Montenegro's prime minister Dritan Abazovic said on his Twitter account that the arrival of Hyatt will bring 150 new jobs to Montenegro.