Browsing: hospitality sector

The privatization of several large hospitality companies, hotels and motels in northern Montenegro during the transition period is widely considered to have been disastrous, largely due…

Data on the highest salaries in Montenegro for 2024, provided by the Tax Administration to the Bankar portal, reveal that the highest wages are in the…

Montenegro, situated along the stunning Adriatic Sea, is rapidly transforming into a sought-after luxury destination. With its breathtaking coastline, upscale resorts and a flourishing real estate…

Hotels and other accommodation providers in Montenegro saw a significant revenue surge last year, totaling 560 million EUR. This marks a hundred million increase from 2022…

Business leaders at a session of the Chamber of Economy’s Tourism and Hospitality Association Committee voiced concerns over proposed increases in value-added tax (VAT) rates within…