budva_montenegro
Photo Credit: Aman Resorts

THE CENTRE OF MONTENEGRO'S COAST

COMPARISON WITH THE REGION

Budva is one of the central incentive destinations on the Adriatic coast, with very successful marketing and despite numerous deficiencies in poor accessibility and current capacity selection. The development plans for the Monte Carlo of the Adriatic, openness from foreign investors and very liberal policies could position the Montenegro coast very high on the meetings industry map in the next few years, while it is already the leader in the area of incentive programs. It boasts a unique opportunity for the practically untapped Russian meetings industry, which has always had a positive relationship with Budva. If this “wild beauty” improves its accessibility, price competitiveness and infrastructure, it can be a worthy competitor as a meetings destination even in the wider region of the Mediterranean as one of the top destinations.

MTLG INDEX / 2021 EDITION

DESTINATION CAPACITY

  • The number of 4* and 5* category hotel rooms: 4,339
  • The number of 4* and 5* category hotels: 72
  • Banquet hall maximum capacity: 360
  • The largest hall in the city (in m2): 658 m2
  • Destination population: 22,387
  • Maximum hall capacity in theatre style: 800
  • Number of studios for digital and hybrid events NA
  • Average internet speed when organising event 23 Mbps
budva_montenegro

DESTINATION INDICATORS 2021

ICCA Index – worldwide ranking – numbers of meetingsNA / 1.25
ACI Airport Connectivity Index*943 / 3.06
Numbeo Quality of Life Index**170,01 / 3.40
Numbeo Safety Index***71,15 / 3.92
Nomad List Overall Score3.05
Digital communication indexNA
Alexa ranking of websiteNA

 

READ MORE ABOUT THE MEETING EXPERIENCE INDEX: https://kongres-magazine.eu/mtlg-meetologues-of-new-europe/


 

*ACI Europe Airport Connectivity (higher is better) is based on the SEO NetScan connectivity model, which measures airport connectivity in a more comprehensive way. It measures the number and quality of direct/non-stop connections as well as indirect connections via other airports. The NetScan model brings the most relevant connection components of every single market (frequency, travel time, connecting time) together into a single indicator: the Airport Connectivity Index. Find out more at www.aci-europe.org.

**NUMBEO Quality of Life Index (higher is better) is an estimation of overall quality of life by using empirical formula which takes into account purchasing power index (higher is better), pollution index (lower is better), house price to income ratio (lower is better), cost of living index (lower is better), safety index (higher is better), health care index (higher is better), traffic commute time index (lower is better) and climate index (higher is better). Find out more at www.numbeo.com.

***NUMBEO Safety Index (higher is better) is an estimation of the overall level of safety in a given city or a country. Find out more at www.numbeo.com.

MTLG CATEGORY

M MEETING DESTINATION

Destinations that can host up to 1200 attendees.

OVERALL PERFORMANCE

BUDVA INDIVIDUAL GRADES 2021 
Natural and cultural factors4.67
General and transport infrastructure4.49
Tourist infrastructure4.76
Meeting infrastructure4.74
Subjective grade4.69
Marketing Buzz4.16
ICCA index - worldwide ranking1.25
Numbeo Quality of life Index3.40
Numbeo Safety Index3.92
ACI Airport Connectivity Index3.06
Nomad List Overall Score3.05
FINAL GRADE3.91
5 YEARS RESULTS20172018201920202021
FINAL GRADE3.733.843.833.883.91

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