Miodrag Kostic buys Novi Sad's Holiday Inn?

(Miodrag Kostic) Miodrag Kostic, president of MK Group, is the new owner of Novi Sad's Holiday Inn hotel, Blic reports.

According to the newspaper, Kostic is currently negotiating with big hotel chains about applying his brand name to the new hotel in Novi Sad. Holiday Inn, which has never been opened, was built by Aleksandar Gradnja, owned by Vojislav Gajic, but it's not likely that the hotel will carry that name, Blic writes.

The construction of the 8,500 m2 building started in 2010, and the investment amounted to EUR 11 million. According to the initial plan, it will meet conditions for a 4+-star hotel and will be meant primarily for business clients. Aside from top quality accommodation, it will offer a wellness zone with an indoor pool, a conference center with several multifunctional halls, an international cuisine restaurant and other features.

Regarding accommodation capacities, 124 rooms will be available, including two rooms for persons with special needs, as well as a special executive club, i.e. a floor with specially equipped rooms and apartments.

The construction was completed in 2013. According to the plan, the facility was supposed to have eight floors and two lofts. Instead, nine floors and one loft were built. The Municipal Assembly of Novi Sad legalized the building two years ago.

Several months ago, the InterContinental Hotels Group announced that it was opening the Crowne Plaza hotel in Novi Sad, and the former Holiday Inn was mentioned as a possible location, Blic writes.

MK Group d.o.o. Beograd

Aleksandar gradnja d.o.o. Novi Sad

Hotel Sheraton Novi Sad

MK Group

Holiday Inn Novi Sad

hotel Holiday Inn

Miodrag Kostic

Vojislav Gajic

InterContinental hotel

Crowne Plaza