Foreign tourists in Montenegro in summer are lesser than expected

Friday, July 22, 2022

The Prime Minister of Montenegro Dritan Abazovic has cautioned that foreign touristnumbersall through the summer season in the country is lesser than anticipatedowing to the increase of prices at hotels and restaurants.

Tourism is integral for Montenegro’s economy, funding around a quarter to its GDP. Even though the authorities have estimated that this summer season might provehealthiercompared to 2019, until now, the number of visitors is lesser than anticipated.

Abazovic said that the charges are equivalent to those at the Cote d’Azur, which resulted in lesseramount of visitors.
Then again, the earnings from tourism are at the anticipated level, said Abazovic.

As per the newest statistics, Montenegro’s user prices increased by ayearly 13.5% in June, after increasing by 11.7% y/y in May. Prices of food and non-alcoholic beverages went up the most in May, by 22.5% y/y.

Mirko Stanic, the affiliate of the management of the Montenegrin Social Democratic Party (SDP), said that the Montenegro government needs to take vital measures to witness more tourists and that the nationwide tourist organization’sdrive started late and was done with aninferiorfinancial plan.

The Democratic Party of Socialists (DPS) has alleged that the Montenegro government of being accountable for the feeble than anticipated tourist season.

Besides the steep prices, the European Commission cautioned in its spring economic prediction released on May 16 that Montenegro’s economy will considerably decelerate its growth this year.

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