| No | City | Nr. Hotels |
|---|---|---|
| 1 | Budva | 533 |
| 2 | Kotor | 435 |
| 3 | Ulcinj | 253 |
| 4 | Tivat | 252 |
| 5 | Herceg-Novi | 238 |
| 6 | Žabljak | 191 |
| 7 | Bar | 170 |
| 8 | Petrovac na Moru | 145 |
| 9 | Podgorica | 132 |
| 10 | Sveti Stefan | 93 |
| 11 | Kolašin | 83 |
| 12 | Sutomore | 78 |
| 13 | Dobra Voda | 58 |
| 14 | Nikšić | 32 |
| 15 | Mojkovac | 18 |
| 16 | Bijela | 17 |
| 17 | Plav | 14 |
| 18 | Gusinje | 6 |
| 19 | Pljevlja | 4 |