BHN to Organize Hotel Investment Conference in Montenegro

NEWPORT BEACH, California, USA --- BHN, organizer of some of the world's most prominent hotel investment conferences, has signed an agreement with the government of Montenegro to organize a conference focussing on hospitality investment opportunities in the Balkan republic. Jim Burba, founder of BHN, and Mr. Vladimir Mitrovic, the Republic of Montenegro's Minister of Tourism, announced their plans to hold the event in May 2001 at the world-renowned Spa Center-Institute Igalo, in Herceg-Novi, Montenegro.Reflecting the importance of the future of the hospitality industry in Montenegro, Minister Mitrovic stated, President Milo Djukanovic of Montenegro personally will invite a select group of international delegates to travel to Montenegro to see the rich opportunities that our beautiful country has to offer the hotel and tourism industry. The region has stabilized and the Republic of Montenegro is ready for the world community to participate in its growth and development as a premier travel destination. The goals of the conference include introducing the international hotel and tourism investment community to the process of privatization of hotels and resorts in Montenegro, identifying new sites for development, explaining management and franchise opportunities and developing a better understanding of Montenegro's government plan for economic development and restructuring. BHN will focus on developing a conference that will help the local government become familiar with the outlook for hotel lending and how hotel deals are currently being done, as well as key issues to shape the hotel and tourism industry in Montenegro. This will be an incredible opportunity for the world's hospitality leaders to view firsthand the limitless investment opportunities that Montenegro offers, Jim Burba explained. The European Coordination Center for the conference will be in the London offices of Wimberly Allison Tong & Goo (WATG). Jim Burba recently joined WATG as Vice President and Worldwide Director of Advisory Services.BHN will plan, organize or produce several upcoming hospitality industry investment conferences which will be held in 2001. Included on the roster of events is: the 16th Annual Hotel Industry Investment Conference and 5th Annual Latin America & Caribbean Hotel & Tourism Investment Forum scheduled for January 2001 in Los Angeles, California; the 5th Annual Caribbean Hotel & Tourism Investment Conference scheduled for April 2001 in Curacao, Netherlands Antilles; and the 4th Annual International Hotel Investment Forum scheduled for March 2001 in Berlin, Germany. Information about all the BHN conferences appears on www.BURBA.com, the BHN website.For more information, contact Bob Hayes, BHN Director of Communications at (949) 574-8500 or email: bhayes@watg.com