Montenegro’s tourism sector has shown a decline in early-season activity as it moves into 2026, with data from collective accommodation for January to April indicating a reduction in both arrivals and overnight stays compared to the same period in 2025. Although the overall annual tourism outlook remains largely dependent on the summer months, the early indicators suggest a more cautious start than seen in previous years.
According to MONSTAT’s May statistical bulletin, tourist arrivals totaled 237,830 for the first four months of 2026, down from 247,505 during the same timeframe in 2025. This represents a year-on-year decrease of 3.9%, reflected in an arrivals index of 96.1. Overnight stays also saw a significant drop, declining from 601,527 nights in January-April 2025 to 561,412 nights in 2026, marking a decrease of 6.7%, with an index of 93.3.
The disparity between arrivals and overnight stays is notable; while fewer arrivals affect hotels and local services, the sharper decline in overnight stays indicates shorter average visits and potentially weaker demand for longer stays. In Montenegro’s tourism-dependent economy, where visitor nights influence consumption, VAT collection, and employment, this figure is particularly significant.
The data reveals contrasting trends between domestic and foreign visitors. Domestic tourist arrivals increased from 9,512 in January-April 2025 to 10,010 in 2026, reflecting an index of 105.2. Domestic overnight stays also rose from 27,525 to 29,081, with an index of 105.7, highlighting positive local tourism demand that supports the early-season market.
In contrast, foreign demand weakened significantly. Foreign arrivals fell from 52,364 in January-April 2025 to 49,448 in 2026, resulting in an index of 94.4. Similarly, foreign overnight stays decreased from 122,857 to 111,273, with an index of 90.6. This data underscores that the softness in Montenegro’s early tourism season primarily stems from reduced foreign visitor numbers and nights.
The month of April showed improved figures compared to the earlier months of the year. Total tourist arrivals reached 107,939, significantly higher than March’s total of 56,306, and February’s figure of 41,317. Overnight stays increased to 278,906, up from March’s total of 123,913, and February’s count of 85,102. While these numbers indicate a seasonal uptick typical for spring, they still lag behind last year’s performance.
A majority of April’s arrivals were attributed to foreign tourists; out of the total arrivals recorded in April, foreign visitors accounted for 96,434, while domestic tourists represented only 11,505. In terms of overnight stays generated by foreign tourists, this group contributed 240,804, compared to just 38,102 from domestic tourists. This reinforces Montenegro’s reliance on international visitors as the tourism season progresses.
The coastal region remained central to Montenegro’s tourism industry during this period. Coastal resorts reported 41,077 arrivals between January and April 2026, down from 42,588. Overnight stays fell from 112,552 to 104,996, aligning closely with national trends where arrivals decreased slightly but overnight stays dropped more significantly.
The capital city experienced a more pronounced decline; tourist arrivals fell from 11,841 to 10,109 strong>, with overnight stays dropping from 22,261 to17,300. This trend suggests weakened demand for business travel and short-term visits early in the year.
<pConversely , mountain resorts exhibited growth , recording an increase in arrivals from4 ,118to4 ,630and overnight stays rising from8 ,778to9 ,680 . This segment appears to have performed better than both coastal areas and Podgorica during this early-year period.
The data also highlights improvements in other tourist locations outside traditional coastal areas; arrivals grew from2 ,673to3 ,092while overnight stays rose from6 ,022to7 ,619 . These gains indicate a diversification in early-season tourism patterns.
The breakdown by source markets emphasizes the importance of regional travelers. Serbia remained the largest source market by overnight stays with65 ,847nights recorded between January and April 2026 , up from62 ,993in 2025 . In April alone , Serbian tourists contributed23 ,561nights . Germany also showed stable performance with41 ,113overnight stays compared to last year’s total of40 ,221 . The UK saw a decline with overnight stays falling from45 ,690to37 ,140in 2026 . France recorded a slight decrease as well with totals dropping from31 ,291to30 ,700.
The Russian market showed growth with overnight stays increasing from19 ,128to22 ,772 . In contrast , Ukrainian visitors declined significantly while Israeli tourist numbers fell sharply.
A detailed look at coastal municipalities reveals varying performances among key destinations. Budva continued to lead with the highest number of overnight stays at211 ,387 . However , this was lower than last year’s total of237 ,049 . Herceg Novi improved its standing with increases noted over both metrics during this period.
Kotor and Tivat experienced declines alongside Bar and Ulcinj indicating uneven demand across different regions within Montenegro’s primary tourism corridor.
The macroeconomic perspective indicates that while Montenegro’s tourism sector is not facing a crisis at this stage , it is beginning 2026 below last year’s pace . The stronger domestic demand alongside improvements in mountain resorts presents some positive signs but highlights vulnerabilities concerning foreign overnight stays which are crucial for economic stability.











