Hotel Holiday, one of the symbols of Sarajevo, has officially opened, after Hotel Europe group bought it earlier this month.
The new owner Rasim Bajrovic told Klix that he so far employed 90 workers and that additional 100 people will be hired by the New Year.
He plans to invest 7 to 10 million KM (3.5 to 5 million Euros) in renovation and reconstruction of the hotel.
Bajrovic says hotel offers 170 rooms, meeting rooms, cafe restaurant, parking and other facilities.
Holiday went bankrupt earlier this year after several years of financial problems.