Revenue
0.3% of sector revenue
35 companies earned 3.29m€ in 2025, 0.3% of Hospitality sector revenue. Revenue has grown 2.3× since 2015.
0.3% of sector revenue
20 with at most one employee
Largest employer: MCM Rental Service (10)
Median company 0.0% · 29% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–35 of 35
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 1 sole proprietor: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 1,456,907€ | 15 |
| 2016 | 1,370,502€ | 16 |
| 2017 | 1,728,411€ | 18 |
| 2018 | 1,989,322€ | 19 |
| 2019 | 2,046,521€ | 24 |
| 2020 | 600,792€ | 27 |
| 2021 | 1,708,140€ | 29 |
| 2022 | 2,324,648€ | 29 |
| 2023 | 2,748,305€ | 31 |
| 2024 | 3,076,871€ | 34 |
| 2025 (Preliminary) | 3,286,731€ | 35 |
20.9% |
| 688,219€ |
| -0.6% |
| 44,028€ |
| 6.4% |
| 10 |
| 581€ |
| 3 | Copacabana Montenegro02984695 · Ulcinj | 14.0% | 459,172€ | -12.6% | 5,424€ | 1.2% | 6 | 991€ |
| 4 | Knežević02076799 · Budva | 11.8% | 388,203€ | +40.7% | 4,611€ | 1.2% | 4 | 986€ |
| 5 | Boka Bay Properties02420341 · Herceg Novi | 7.0% | 228,490€ | +55.8% | 41,105€ | 18.0% | 6 | 704€ |
| 6 | Camping Maslina02941023 · Budva | 6.2% | 204,901€ | +44.1% | 1,075€ | 0.5% | 2 | 2,389€ |
| 7 | 3 B System02854465 · Podgorica | 3.4% | 112,536€ | -6.4% | 8,591€ | 7.6% | 3 | 1,034€ |
| 8 | Jasa02935066 · Budva | 3.0% | 99,611€ | -44.8% | -21,973€ | -22.1% | 3 | 450€ |
| 9 | Hoopoe - Glamping and Adventures03247686 · Bar | 1.9% | 62,691€ | +29.4% | 3,561€ | 5.7% | 3 | 673€ |
| 10 | Izviđački Centar Stoliv02994062 · Kotor | 1.6% | 51,000€ | +4.1% | 910€ | 1.8% | 1 | 474€ |
| 11 | Green Tara02761556 · Nikšić | 0.9% | 28,123€ | -4.6% | 6,971€ | 24.8% | 2 | 690€ |
| 12 | Saranda Camp03123944 · Ulcinj | 0.6% | 20,419€ | +13.4% | -5,426€ | -26.6% | 2 | 532€ |
| 13 | Camp George03628515 · Žabljak | 0.6% | 18,267€ | +14.4% | -1,053€ | -5.8% | 1 | 1,610€ |
| 14 | Chupira Consulting Services03409902 · Kotor | 0.5% | 16,509€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,529€ | -124.4% | 1 | 992€ |
| 15 | Škorpion Ko02744309 · Kolašin | 0.3% | 10,666€ | +2.2% | -1,067€ | -10.0% | 2 | — |
| 16 | Aquarius Camp03652068 · Danilovgrad | 0.3% | 10,132€ | +153.3% | -2,607€ | -25.7% | 1 | 972€ |
| 17 | Scout02665484 · Budva | 0.3% | 9,917€ | +71.4% | -28,026€ | -282.6% | 1 | 670€ |
| 18 | Kamp za Rekreaciju i Odmor Ćuk03235955 · Danilovgrad | 0.3% | 8,224€ | +156.3% | -15,256€ | -185.5% | 3 | 585€ |
| 19 | Mountain Knez03372634 · Kolašin | 0.1% | 3,652€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,714€ | -567.2% | 1 | 417€ |
| 20 | Popovići GMM03772977 · Danilovgrad | <0.1% | 2,748€ | No filing for 2024. | -1,256€ | -45.7% | 1 | 328€ |
| 21 | Kamp Bella Vista03803325 · Ulcinj | <0.1% | 100€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 22 | Blue Eye03103749 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,271€ | — | 1 | 504€ |
| 23 | Camp Monte03743187 · Bar | 0.0% | 0€ | No filing for 2024. | -8,095€ | — | 1 | — |
| 24 | Dukapa03670414 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -416€ | — | 1 | — |
| 25 | Pachamama Retreat & Wellness03241360 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,390€ | — | 1 | 674€ |
| 26 | Wild Adventure Montenegro03241114 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -232€ | — | 1 | — |
| 27 | Ecovital03307000 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,581€ | — | 1 | 677€ |
| 28 | Kanda03763137 · Plužine | 0.0% | 0€ | No filing for 2024. | -5,084€ | — | 1 | — |
| 29 | Gold Street02939576 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 30 | Jadran Turs02200422 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,013€ | — | 1 | 584€ |
| 31 | JK Group03299457 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 32 | Ljubavni Izvor03528693 · Budva | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 33 | Muratto03173011 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,283€ | — | 1 | 675€ |
| 34 | Satori03767302 · Tivat | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 35 | Turistički Kamp Mitrovići03370607 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,970€ | — | 1 | — |