Photos: Inside Monaco’s new penthouse suite

The luxurious Suite Eleven at the Monte-Carlo Bay Hotel and Resort marks a new achievement for SBM, becoming the latest member of the penthouse Diamond Suite Collection for Monaco’s most discerning clientele.
The Principality’s award-winning resort opened the doors of its grand new suite in June. Occupying the entire top floor of the Monte-Carlo Bay Hotel and Resort, Suite Eleven offers stunning views over the Mediterranean, out to the Country Club, and even takes in Karl Lagerfeld’s former jaw-dropping pad Villa Vigie.

View from the terrace of Suite Eleven. The large yellow villa is Villa Vigie. Photo by Monaco Life

The 196 square metre double suite has two bedrooms including a master with sea view, a 21 square metre covered terrace, and contemporary decor envisioned by Oliver Antoine, who took inspiration from natural materials and the sea, using the resort’s signature colours of blue with hints of beige.
“Suite Eleven’s design is inspired by my love of the Mediterranean Sea, using timeless and natural materials,” said the designer. “Suite Eleven is decorated in wood panelling in raw eucalyptus or lagoon blue, and floors in natural stone such as agate. The bathroom is in marble and proposes a steam-shower room with mosaics from Bisazza.”
Lounge area in the Suite Eleven, photo by SBM

There is also the possibility to connect with the Duplex Suite, allowing the resort to meet a particular demand among its high-end clientele.
“We noticed that many big families from the Orient, Russia and the like wanted a suite like this, with connecting rooms and lots of space, and we were not able to offer that, until now,” Samantha Bourreau, the resort’s communication’s manager, told Monaco Life.
Another interesting feature is the integration of innovative and easy-to-use smart technology. Illuminations under the bed, for example, are automatically triggered at night, eliminating the need to turn on disruptive, bright lights.
Main bedroom with sea views in Suite Eleven, photo by SBM

The suite, like the rest of the resort, utilises clean energy sourced from solar panels installed on the roof of the hotel. Clients can also take advantage of an electric car supercharger – which was the first in Monaco. Meanwhile, a garden on site supplies fresh ingredients for the resort’s gastronomic restaurant Blue Bay.
“We have noticed that this is in the minds of a certain clientele now, particularly the younger ones who know that it is very important to take care of the environment,” explains Samantha. “I think that when they become aware of all the efforts that we make, it is a good reason to come back.”
The Monte-Carlo Bay Hotel and Resort is considered a leader in sustainable development in the Principality, and was one of the first hotels here to receive the prestigious Green Globe environment certification in 2014. It was then awarded the Gold Certification in recognition of its commitment to green practices over five consecutive years.
But it’s not just the resort’s environmental approaches which have been recognised. The iconic blue lagoon, which weaves its way through the base of the resort, was also awarded the Best Hotel Pool in Europe in late 2019.
Guests of Suite Eleven have exclusive access to Sea Bay, a private area of this lagoon.
The lagoon at the Monte-Carlo Bay Hotel & Resort, photo by Monaco Life

It all combines for an ultra-luxurious experience and positions Suite Eleven among the Diamond Suite Collection of the Monte-Carlo Société des Bains de Mer, an incredible selection of the finest penthouse suites in all of Monaco.
Priced at around €11,000 a night, Suite Eleven is close to a quarter of the price of the Prince Rainier III Suite at the Hôtel de Paris, putting it in an interesting price bracket for HNWIs. That price drops by about half in low season.
The Monte-Carlo Bay Hotel and Resort is also offering other new concepts this year: a floating breakfast inspired by Bali, a private dinner under the stars, and an ‘Eat and Swim’ package for guests – aimed at locals and day visitors – who can enjoy a full day swimming in the lagoon and freshly made pizza prepared pool side.
Take a stroll through the new Suite Eleven in our gallery below:
Click on the pictures in the gallery below to enlarge…

 
 

Business climate stabilising in Principality

IMSEE’s report on the business climate of Monaco in June shows a certain stabilisation despite overall low levels of trade.

According to merchants and businesspeople questioned by the statistics group, the business climate in Monaco was more stable in June, though it was still lower than usual levels in the auto repair and retail sectors.

The summary indicator lost 1 point compared to May, which was revised +3 points compared to the last publication. This stabilisation resulted from a low level of management intentions, which was offset by an improvement in planned employment. The opinion balance for the general labour market outlook fell back slightly and remained clearly below its average level.

The balance of past sales, although well below average, was relatively stable. The trend was more complicated for sales forecasts, which continued the rebound that began in April and were approaching normal.

Inventory levels showed a slight improvement but were below their long-term average.

Despite an increase in May, order intentions were weakened and forecasted prices deteriorated, falling below their average level.

The balance relating to employment increased slightly. Planned employment picked up but remained below its long-term average.

The number of customers was weakened by the health crisis and is comparable to that of the previous month.

 

Photo: One Monte-Carlo complex, by Monaco Life, all rights reserved
 
 

Inaugural Art Fair in August

The International Contemporary Art Fair coming up in late August will be the first major cultural event to be held since the beginning of the health crisis.

After months of online events and remote happenings, a real face-to-face trade show is coming to the Chapiteau de Fontvieille from the 21st to the 23rd of August. This, the first International Contemporary Art Fair to be held in Monaco, is planning to make the most of this live event to show off “a human and warm side”.

Art lovers and collectors will be able to hobnob with the artists and gallerists whose selections have been hand-picked by organiser art3f’s special committee. New talent and the possible stars of tomorrow will be showing their paintings, sculpture, ceramics and photographs amongst those of well-established and known artists.

The event requires no specific dress code and is meant to be a relaxed environment to come and enjoy the art on hand. Many pieces are priced affordably making this an interesting show for those who love fine modern art but simply do not have the wallet to match their tastes.

A restaurant will be set up on the terrace, implementing all required health procedures and serving food and drinks throughout the event.

Tickets are €10 and free for minors under 18 who come with an adult. The hours are 4pm to 11pm of Friday the 21st, 10am to 8pm on Saturday the 22nd and 10am to 7pm on Sunday the 23rd. Masks are compulsory. For more info, go to the art3f’s website at https://www.art3f.fr/index.php/en/visitors-infos-monaco

 
 

Jean-Christophe Gerard new CEO of Barclays Private Bank

Barclays has appointed Jean-Christophe Gerard as CEO, Barclays Private Bank with immediate effect, subject to regulatory approval.
Jean-Christophe joined Barclays in 2017, initially heading up Investments for Barclays Private Bank, and has almost 30 years’ of experience in private banking, asset management and investment banking. His previous roles also include Head of Private Bank Europe, Monaco and Switzerland, and CEO of Barclays Monaco.
“With a long and successful career in private banking and financial markets, Jean-Christophe is brilliantly placed to lead the Private Bank as we focus on supporting our clients and our next of phase of growth,” said Ashok Vaswani, CEO, Consumer Banking & Payments.
“I am very much looking forward to leading Barclays Private Bank as we accelerate our growth as the quality private bank and partner of choice to Global UHNWIs and Family Offices looking for a full range of specialised services across international booking platforms,” added Jean-Christophe Gerard, CEO Barclays Private Bank.
Barclays Private Bank is well-established as a quality private bank and partner to Global Ultra-High Net Worth Individuals (UHNWIs) and Family Offices looking for a full range of specialised services across international booking platforms. Jean-Christophe’s appointment also follows a series of recent announcements that has seen the Private Bank strengthen it senior leadership team and expand its international footprint.
Last month it was announced that Effie Datson joined in the newly created role as Global Head of Family Office and Melanie Aimer as Global Head of Client Experience. While in June, Olivier Franceschelli was appointed Head of Private Banking in Monaco and Alan Werlau Head of Investments for Barclays Bank Ireland PLC.
 
 

Free electric cart available for Rue Plati residents

Since 20th July, the Department of Urban Amenities has been offering a free shuttle service for residents living around the Grand Ida construction site.

Rue Plati is virtually cut off from now until 18th December to all but foot traffic due to building work on the Grand Ida complex and for some residents this was becoming a serious hardship. The Department of Urban Amenities (DUA) stepped in and set up a special free shuttle service for the residents of the street who are being affected using electric carts to take people to and from their homes to places outside the construction zone.

The service is available from 8am to 12pm and 1pm to 5:30pm Monday through Friday, from 9am to 12pm on Saturdays, and from 5pm to 8pm on Sundays.

Residents have been alerted to the service and given the driver’s mobile number to schedule pick-ups and drop offs. The service has been “very well received” by local residents, according to reports.

If you are living on Rue Plati and would like to make a reservation, call or message the driver on +33 6 78 63 20 78.

The Grand Ida is the new government housing centre designed by Square Architects, a Monaco-based firm. There will be a total of 160 new apartments, of which 140 will be state housing and the remainder privately owned. The project includes a 288 space car park, a creche, offices and a “collective life unit”. The project is due to be completed in 2023.

 

© Direction de la Communication / Manuel Vitali