Karisma Hotels & Resorts is set to open a five-star hotel in Dobrota, along the Montenegrin coast, in June. Allure Palazzi Kotor Bay Hotel by Karisma will offer 89 rooms, 10 villas, a spa center, three restaurants, five bars and a private beach at Kotor Bay. The investment is valued at €20m. Karisma Hotels Adriatic Montenegro is one of the fastest growing hotel groups in the region, with 27 properties in its network.