Hotels in Montenegro ranked by revenue 2016. This 2016 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2016, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12015: rank 1 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 18,985,679€ | +4.9% | 657 | 10.0% |
| 22015: rank 3 | Budvanska Rivijera Hospitality · Budva | 02005328Income statement (PDF) | 18,578,829€ | +9.3% | 536 | 9.8% |
| 32015: rank 4 | Bellevue Hotels Group Hospitality · Budva | 02415828Income statement (PDF) | 11,538,931€ | +9.6% | 188 | 6.1% |
| 42015: rank 6 | Beppler & Jacobson Montenegro Hospitality · Budva | 02391082Income statement (PDF) | 11,406,505€ | +38.1% | 142 | 6.0% |
| 52015: rank 5 | Adriatic Properties Hospitality · Budva | 02638495Income statement (PDF) | 10,053,461€ | -4.1% | 237 | 5.3% |
| 62015: rank 9 | Carine Hospitality · Podgorica | 02094754Income statement (PDF) | 5,963,432€ | +82.2% | 67 | 3.1% |
| 72015: rank 7 | Export -Import VST Trend Hospitality · Nikšić | 02330857Income statement (PDF) | 4,294,503€ | +6.2% | 19 | 2.3% |
| 82015: rank 8 | Nemesis Hospitality · Danilovgrad | 02636603Income statement (PDF) | 4,171,766€ | +9.9% | 103 | 2.2% |
| 92015: rank 13 | HTP Vile Oliva Hospitality · Budva | 02624575Income statement (PDF) | 3,519,067€ | +31.6% | 15 | 1.9% |
| 102015: rank 27 | Igalo Hospitality · Herceg Novi | 02008173Income statement (PDF) | 3,203,259€ | +132.4% | 130 | 1.7% |
| 112015: rank 11 | Ulcinjska Rivijera Hospitality · Ulcinj | 02006146Income statement (PDF) | 2,859,134€ | -5.1% | 171 | 1.5% |
| 122015: rank 12 | Argos Hospitality · Ulcinj | 02693259Income statement (PDF) | 2,851,858€ | -2.3% | 50 | 1.5% |
| 132015: rank 10 | Crna Gora Hospitality · Podgorica | 02046024Income statement (PDF) | 2,703,695€ | -11.3% | — | 1.4% |
| 14Not in the top 200 in 2015. | Applicon Tours Montenegro Hospitality · Budva | 03066827Income statement (PDF) | 2,602,678€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 11 | 1.4% |
| 152015: rank 14 | Primorje Hospitality · Tivat | 02008637Income statement (PDF) | 2,230,417€ | +1.7% | 111 | 1.2% |
| 162015: rank 33 | Uniprom Hoteli Hospitality · Nikšić | 02915022Income statement (PDF) | 2,004,207€ | +96.9% | 56 | 1.1% |
| 172015: rank 17 | Hunguest Hotels Montenegro Hospitality · Herceg Novi | 02405695Income statement (PDF) | 2,000,298€ | +5.9% | 86 | 1.1% |
| 182015: rank 22 | Montenegro Premier Hospitality · Podgorica | 02438496Income statement (PDF) | 1,986,280€ | +31.9% | 76 | 1.0% |
| 192015: rank 15 | Top Hill Hospitality · Budva | 02786818Income statement (PDF) | 1,959,376€ | -6.9% | 20 | 1.0% |
| 202015: rank 16 | Fjord Hospitality · Kotor | 02014912Income statement (PDF) | 1,936,931€ | +2.1% | 46 | 1.0% |
| 212015: rank 60 | Hotel Princess Hospitality · Bar | 03013464Income statement (PDF) | 1,775,953€ | +262.7% | 75 | 0.9% |
| 222015: rank 21 | Obala Rafailovići Hospitality · Budva | 02958813Income statement (PDF) | 1,725,460€ | +12.3% | 15 | 0.9% |
| 232015: rank 23 | Lighthouse of Montenegro Hospitality · Herceg Novi | 02770164Income statement (PDF) | 1,634,093€ | +10.0% | 67 | 0.9% |
| 242015: rank 26 | Trend Korali Hospitality · Bar | 02774852Income statement (PDF) | 1,591,011€ | +15.1% | 54 | 0.8% |
| 252015: rank 35 | Aria Hospitality · Zeta | 02154226Income statement (PDF) | 1,549,910€ | +53.9% | 46 | 0.8% |
| 26No filing for 2015. | Hotel Rivijera DFS Hospitality · Budva | 03085643Income statement (PDF) | 1,486,538€ | No filing for 2015. | 8 | 0.8% |
| 272015: rank 25 | Vučje Hospitality · Nikšić | 02770156Income statement (PDF) | 1,396,696€ | -1.8% | 51 | 0.7% |
| 282015: rank 24 | Mimoza Hospitality · Tivat | 02008564Income statement (PDF) | 1,355,010€ | -5.5% | 49 | 0.7% |
| 292015: rank 36 | Debt Management Project i Montenegro Hospitality · Nikšić | 02836688Income statement (PDF) | 1,256,598€ | +25.7% | 1 | 0.7% |
| 302015: rank 30 | Petrohotel Hospitality · Budva | 02326175Income statement (PDF) | 1,152,963€ | +2.0% | 16 | 0.6% |
| 312015: rank 86 | Comp Comerc Hospitality · Nikšić | 02055384Income statement (PDF) | 1,142,743€ | +311.3% | 25 | 0.6% |
| 322015: rank 18 | Unique Projects Hospitality · Kotor | 02773228Income statement (PDF) | 1,118,639€ | -37.2% | 23 | 0.6% |
| 332015: rank 42 | Kastel Hospitality · Podgorica | 02465787Income statement (PDF) | 1,074,667€ | +33.7% | 25 | 0.6% |
| 342015: rank 38 | Mibost-Joketić Hospitality · Kotor | 02218089Income statement (PDF) | 1,063,240€ | +9.9% | 25 | 0.6% |
| 352015: rank 64 | Sato Hospitality · Bar | 02924919Income statement (PDF) | 1,058,620€ | +139.8% | 12 | 0.6% |
| 362015: rank 28 | Recreatours Hospitality · Bar | 02672227Income statement (PDF) | 1,021,874€ | -21.4% | 22 | 0.5% |
| 372015: rank 43 | Woow Hospitality · Budva | 02887738Income statement (PDF) | 1,004,218€ | +26.6% | 9 | 0.5% |
| 382015: rank 39 | Perla Hospitality · Herceg Novi | 02332841Income statement (PDF) | 998,018€ | +4.3% | 20 | 0.5% |
| 392015: rank 32 | Helios Promet Hospitality · Budva | 02054132Income statement (PDF) | 984,964€ | -6.7% | 13 | 0.5% |
| 402015: rank 31 | Pio Hospitality · Ulcinj | 02456010Income statement (PDF) | 917,028€ | -16.0% | 45 | 0.5% |
| 412015: rank 51 | Ruža Vjetrova Hospitality · Bar | 02172879Income statement (PDF) | 898,799€ | +35.7% | 22 | 0.5% |
| 422015: rank 41 | Adria o Zone Hospitality · Budva | 02645947Income statement (PDF) | 894,990€ | +9.7% | 15 | 0.5% |
| 432015: rank 49 | HM Durmitor Hospitality · Žabljak | 02409798Income statement (PDF) | 889,495€ | +30.9% | 38 | 0.5% |
| 442015: rank 40 | Hemera Hospitality · Podgorica | 02863600Income statement (PDF) | 866,163€ | +2.5% | 39 | 0.5% |
| 452015: rank 48 | Becovic Menagement Group Hospitality · Ulcinj | 02440059Income statement (PDF) | 828,530€ | +19.3% | 28 | 0.4% |
| 46No filing for 2015. | Canne Montenegro Hospitality · Budva | 03098320Income statement (PDF) | 827,387€ | No filing for 2015. | 29 | 0.4% |
| 472015: rank 58 | Hippo Campus Hospitality · Kotor | 02727757Income statement (PDF) | 821,768€ | +54.7% | 7 | 0.4% |
| 482015: rank 46 | HTP Aurel Hospitality · Podgorica | 02928671Income statement (PDF) | 807,014€ | +13.6% | 21 | 0.4% |
| 492015: rank 44 | Jekon Hospitality · Bijelo Polje | 02004178Income statement (PDF) | 799,768€ | +1.2% | 41 | 0.4% |
| 502015: rank 34 | Riviera Management and Development Resort-RMDR Hospitality · Herceg Novi | 02402726Income statement (PDF) | 798,204€ | -20.8% | 14 | 0.4% |
Showing 1–50 · top 50 of 394 companies
This ranking contains 50 records for 2016, ordered by revenue after applying data-quality eligibility rules.
The leading record is PRIVREDNO DRUŠTVO "HOTELS GROUP MONTENEGRO STARS" D.O.O. BUDVA; placement is determined by revenue, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology