Nemanja Kostic named managing director of Karisma

Nemanja Kostic was promoted to managing director of Karisma Hotels & Resorts. Kostic joined the hotel group in 2011 as development director. He oversaw the development of Holiday Village Montenegro in Ulcinj, along Montenegro’s southern coast. He also coordinated several projects in Eastern Europe. Karisma currently has 32 hotels in its portfolio and operates in Montenegro, Serbia, Croatia, Mexico, the Dominican Republic, Jamaica and Columbia.