According to the Sofia Echo, the Chedi brand is heading for Bulgaria. The hotel will form part of the Thracian Rocks Golf & Spa resort complex near Kavarna on the Black Sea which is being built in three phases.
The first [phase], currently underway, will deliver a golf course with 18 holes, nine of which will be playable by mid-2009, hotel, villas, yacht marina complex with resort apartments and inland apartment buildings.
The second phase will include another hotel, but details on that one are yet to be announced.