Hotel Panorama Bečići to become The Queen of Montenegro and obtain 4 stars

The works on adaptation and construction of annex on Bečići-based hotel Panorama are underway. The value of the investment is €13m. The investor is owner Špringer & Plecer Montenegro, founded by companies Špringer reisen and Golger-Plecer from Austria with the agency Adriatic express from Budva. The owner bought that hotel at the beginning of 2004 for €2.45m.

The new hotel will be opened in May 2006 and it will be open during the whole year. It will have 4 stars, wellness center worth €1m. 167 new rooms, 3 royal suites, 24 family suites and casino will be built. The new name of the hotel will be The Queen of Montenegro.