“Serbia’s Delta Holding is looking to buy land in Zagreb the capital of Croatia, in order to build an InterContinental hotel.

“We plan to build a hotel with 200 rooms, similar to the InterContinental hotel we recently opened in Ljubljana. Zagreb has been our target for some time,” Zivorad Vasic, VP of Delta Holding and IHG regional manager, told local news source Poslovni. The company expects to sign the deal by June, and will then begin construction and negotiating terms with the UK hotel company.

 The first InterContinental hotel in Zagreb opened in 1964 when the city was part of the former Yugoslavia. The property remained open until the mid-1990’s, when Ivica Todoric, owner of troubled Croatian concern Agrokor, bought it and rebranded the hotel. In 2002, Todoric sold the property to businessman Andjelko Leko.” (HotelManagement.net)