| No | City | Nr. Hotels |
|---|---|---|
| 1 | Budva | 1763 |
| 2 | Kotor | 782 |
| 3 | Herceg-Novi | 686 |
| 4 | Tivat | 602 |
| 5 | Ulcinj | 548 |
| 6 | Bar | 535 |
| 7 | Petrovac na Moru | 331 |
| 8 | Sutomore | 272 |
| 9 | Žabljak | 256 |
| 10 | Sveti Stefan | 222 |
| 11 | Podgorica | 216 |
| 12 | Dobra Voda | 130 |
| 13 | Kolašin | 97 |
| 14 | Bijela | 60 |
| 15 | Nikšić | 52 |
| 16 | Pljevlja | 10 |