Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
3 clusters · 31 sources · 10 days · First seen · Last updated
Montenegro tourism growth and infrastructure challenges
Overview
Montenegro is experiencing a rise in tourism activity, with data through September 10 showing 93,000 tourists, a 14 percent increase compared to the previous year. Revenue from tourist taxes has risen by over 8 percent, and visits to national parks have increased by 13 percent, generating 3.3 million euros in ticket revenue. In Herceg Novi, tourist numbers remain stable despite water restrictions affecting approximately 20 percent of hotels lacking independent supply systems.
While infrastructure challenges create operational difficulties for private accommodations, the post-season remains active. National data indicates mixed results as tourist arrivals rose by 4.7 percent to 2,728,564, even as total overnight stays decreased by approximately 1.5 percent to 15,367,166. Dr. Jovan Rabrenović from the Institute of Economic Sciences noted that the average number of nights per arrival fell from 5.98 to 5.63, suggesting that rising arrival numbers do not always equate to increased economic value.
To address these complexities, the Chamber of Economy of Montenegro (PKCG) has called for increased synergy between state institutions and the private sector to improve air accessibility. During a meeting at Montenegro Airports, Nina Drakić, President of the PKCG, stated that air accessibility must be integrated with investments and service quality to transform accessibility into higher tourist spending and more stable business operations. Officials emphasized that improving air connectivity is a critical prerequisite for extending the travel season and developing sectors such as MICE, health, and winter tourism. Minister of Public Works Majda Adžović also noted the strategic importance of developing airport infrastructure for the national economy.
Entities
Tourist Organization Herceg Novi · Aerodrom Crne Gore · Tivat · Ministry of Economy and Labor · Nina Drakić
Timeline
-
3 days ago
[BUSINESS] 17 sourcesMontenegro officials urge better air connectivity to boost tourismMontenegrin economic and tourism officials are calling for better coordination between the state and private sector to improve air connectivity and extend the tourism season.
-
12 days ago
[BUSINESS] 11 sourcesMontenegro tourism sees growth in arrivals and revenueMontenegro reports rising tourism numbers and revenue, with national parks seeing a 13% increase in visits. Regional cultural museums also report steady growth in domestic and international visitors.
-
12 days ago
[BUSINESS] 8 sourcesNorth Macedonia Ministry of Economy announces manufacturing subsidiesNorth Macedonia's Ministry of Economy and Labor has launched two subsidy programs for manufacturing companies to support digitalization, university partnerships, and standardization by September 15.
Sources
aktuelno.me · alfa.mk · biznisvesti.mk · bokanews.me · borba.me · bosnainfo.ba · etv.me · hercegnovi.info · hercegnovidanas.me · hercegovina.in · hms.ba · jajce-online.com · ljportal.com · makpress.mk · n1info.ba · n1info.hr · nezavisen.mk · panoptikum.mk · poduzetnistvo.org · poslovni.hr · primorski.me · pvinformer.me · racin.mk · radiotitograd.me · rtnk.me · sjevercg.me · vecer.mk · vesnik.com · vijesti.ba · vijesti.me · vreme.mk
This summary has been updated 5 times: see revision history