based luxury hotel developer Kerzner International Holdings plans to complete the construction of a hotel complex in the Porto Montenegro resort by the end of 2023, specialised website Hotel Designs reported.

The hotel will operate under Kerzner’s SIRO hospitality brand that aims to offer a balanced wellbeing experience for guests and is being designed by London-based studio Atellior, Hotel Designs reported on Monday.

The hotel will feature 96 guestrooms and 144 managed residences that will all qualify for Montenegro’s Citizenship by Investment Programme (CBIP).

“It is always very exciting to create the first property for a new hospitality brand and this is particularly so with SIRO because it is such a forward-looking concept – destinations of excellence forging an approach to fitness and wellbeing that meets the aspirations of modern, global lifestyles,” the website quoted Una Barac, executive director of Atellior, as saying.