Montenegro - a 2013 market snapshot and the outlook for 2014 and beyond
By
Ružica Herceg, Project Manager / Partner at Horwath HTL | 19 Dec 13
With new announced hotel openings, we expect a shift in the quality structure of accommodation
supply: the supply concept has been changing from the mass low-yield to higher class supply. The
process is connected with the upgrading of existing hotel and resort facilities, as well as new green-
field tourism projects, located along the coast.
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Horwath HTL (Hotels Tourism and Leisure) is one of the world's pre-eminent consulting specialists in the Hotel, tourism and leisure industries, providing unequalled experience and expertise for client projects around the world through a combination of detailed local knowledge and international understanding. Horwath HTL is currently the world's largest consulting organisation specialised in hospitality, with 50 offices in 39 countries.
Horwath HTL is a member of Crowe Horwath International, a professional association of accounting and management consulting firms founded in New York in 1915. Crowe Horwath International is currently ranked among the top ten international professional service groups with offices in close to 586 cities in 108 countries.
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