Aerodromi Crne Gore handled almost 1.5 million passengers between the beginning of 2026 and early July, representing growth of approximately 17% compared with the record levels recorded in the corresponding period of 2025.
The airport operator expects passenger traffic to increase by around 18% for the full year, reaching approximately 3.63 million passengers. Forecast net profit is €13.37 million, slightly above the estimated €13.01 million achieved in 2025.
The increase has been supported by the opening of Wizz Air’s first Podgorica base in late March, including 17 new routes, alongside stronger services from British Airways, Iberia and other carriers. The expansion improves Montenegro’s accessibility outside traditional regional and charter markets, particularly from western and central Europe.
The balance-sheet outlook for the airport operator is positive, but traffic expansion is increasing pressure on terminal capacity, ground handling, access roads and surrounding urban infrastructure. Sustained double-digit passenger growth strengthens the commercial case for airport investment, although any concession or long-term operating arrangement will need to protect capacity expansion commitments rather than maximise only near-term concession proceeds.
In Budva, approximately 36,000 tourists were registered on 11 July, around 5% more than a year earlier. Occupancy was reported to be higher across hotels, private accommodation, resorts, hostels and campsites. Tourism-tax collections during the first half of the year also exceeded the comparable 2025 level.
The data indicate a solid start to the peak season, although accommodation volumes alone do not confirm stronger profitability. Labour costs, food prices, municipal charges, traffic congestion and shorter booking windows remain important determinants of hotel and restaurant margins.
Montenegro’s Chamber of Commerce has also established a dedicated congress and meetings-industry group. The initiative is aimed at developing the MICE segment, which offers higher spending per visitor and could support occupancy outside July and August.
