The travel & tourism industry plays a key role in Montenegro’s economy. According to GlobalData, driving increased visitor numbers and income from touristic activities are key areas of focus for the country’s government. GlobalData provides a complete picture of travel to Montenegro in its Travel & Tourism in Montenegro 2023 report. Buy the report here.
In 2023, projections show that international arrivals in Montenegro are expected to have grown by 16%.
Montenegro does not exhibit an overreliance on any single source market, but intraregional travel is a noticeable trend. In the case of Montenegro, nine of the top ten source markets are located in Europe.
However, even when focusing only on the top ten, not all source markets are equal in size. Understanding the relative size of these and identifying high-potential markets outside of this list is key to identifying promising growth markets for Montenegro as a destination.
According to GlobalData’s report, Travel & Tourism in Montenegro 2023, the country’s leading source markets include Serbia, Bosnia and Herzegovina, Germany, Russia and France among others.
For more detailed analysis of the source markets for Montenegro, buy GlobalData’s Travel & Tourism in Montenegro 2023 report.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.