Petrovac is seen as a somewhat "calmer" resort, in contrast to the lively and developed nearby towns of Budva and Sutomore.

At the northern end of the bay is a 16th-century Venetian fortress, Kastel Lastva, built to discourage pirates.

In the bay are two islets (Katič and Sveta Neđelja), one of which is topped by a small chapel, built in thanksgiving for a shipwrecked sailor's life.

Petrovac is today a popular summer beach resort, its visitors coming predominantly from Montenegro, Serbia and Russia.

Tourist accommodation has expanded greatly in recent years, although less obtrusively than at Budva and the quality has also improved in response to market demand.

They play at the town's stadium, called Pod Malim Brdom, which literally means Under the Little Hill in Serbian.