The new hotel Kumbor is opening along the Montenegrin coast, located near Portonovi complex and next to Herceg Novi. This is the third hotel by the company Carine in Herceg Novi area in last five years. Construction work was completed in the space of a single year. The four-star hotel offers 220 rooms and apartments on six floors as well as a large beach area. The value of the investment is estimated at between €25m and €30m.