Kambourov & Partners provided full legal advice and assistance to InterContinental Hotels Group on the transaction for long-term management of one of Sofia's landmark hotels - Radisson Blu.
Radisson will become the first InterContinental Hotel in Bulgaria and an indicator of the momentum that the iconic luxury brand InterContinental is gaining more momentum in major cities and resorts. InterContinental Hotels & Resorts manages 184 hotels worldwide and plans 52 new ones. InterContinental Sofia will be an important addition to the group's European portfolio, as told by IHG Europe's Director of Development Robert Shepherd.
The hotel will undergo renovations and reopen as the luxurious InterContinental Sofia in 2017.