Why Mauro Colagreco’s beachside pop-up became one of Grand Prix weekend’s highlights

As the final beats faded and Monaco’s Grand Prix crowds drifted away from the shoreline, one of the weekend’s most unexpected successes was not found on the track, but on the beach. Casa Sunset x Mauro Colagreco transformed Le Méridien Beach Plaza into a rare meeting point between world-class gastronomy and one of the Principality’s most energetic electronic music events, challenging long-held assumptions about what fine dining can be.

On paper, the collaboration seemed unlikely. Mauro Colagreco, the chef behind the three-Michelin-starred Mirazur in Menton — named the World’s Best Restaurant in 2019 — joined forces with Sunset Monaco, the beach party institution that has become synonymous with young crowds and Grand Prix weekend. Yet what began as a spontaneous conversation between Sunset co-founder Cédric Houdrouge and Mauro Colagreco quickly evolved into one of the standout hospitality concepts of the race weekend. Within weeks, the pair had created a new format: signature Mirazur cuisine served steps from the sea, accompanied by carefully selected wine pairings and framed by Sunset’s unmistakable atmosphere.

A four-act journey through the Mirazur universe

Over three nights, guests were invited to experience a carefully curated four-act menu that reflected the philosophy that has made Mirazur one of the world’s most celebrated restaurants. Beginning with delicate opening courses including O-toro toast with Osciètre caviar and roasted langoustine, the experience moved through garden-inspired sharing plates, before arriving at dishes celebrating both land and sea, including the catch of the day with sudachi sauce and stuffed saddle of lamb. The evening concluded with a trio of desserts led by a yuzu cloud and sautéed cherries with yellow wine sabayon.

Each act felt like a continuation of Colagreco’s lifelong dialogue with nature, biodiversity and the Mediterranean landscape. It was less a tasting menu than a culinary journey, one designed to mirror the rhythm and emotion of the weekend itself.

Three MIchelin Star Chef Mauro Colagreco talking to Two Michelin Star Chef Marcel Ravin, with Sunset Co-Founder Cédric Houdrouge in the background. Photo credit: @anatolevialard

Michelin-star service, transported to the beach

What distinguished Casa Sunset from many temporary Grand Prix dining concepts was the commitment to maintaining the standards for which Mirazur is renowned. Chef Colagreco did not simply lend his name to the project; he was present throughout the evenings, circulating among tables, speaking with guests and ensuring the experience matched expectations. Much of the Mirazur team worked alongside him, bringing the same precision, warmth and attention to detail that guests encounter at the flagship restaurant.

The result was a rare example of a pop-up that genuinely delivered the quality associated with its Michelin-star pedigree. The setting may have been relaxed, with DJs preparing to take over the night and the Mediterranean stretching out beyond the tables, but the level of hospitality remained uncompromising.

Redefining the future of fine dining

Perhaps the greatest success of Casa Sunset was the statement it made about the evolution of luxury hospitality. Throughout his career, Colagreco has championed the idea that gastronomy is ultimately about emotion, sharing and human connection.

This collaboration demonstrated that excellence does not depend on formal dining rooms, white tablecloths or rigid traditions.

Sunset 2026. Photo credit: @anatolevialard

Instead, the Monaco Grand Prix weekend offered proof that Michelin-star cuisine can adapt to new environments without losing its identity. The food, the wine, the service and the people behind them remain the defining ingredients. Whether served in the contemplative surroundings of Mirazur overlooking Menton or beside Monaco’s most vibrant beach party, true hospitality is remarkably portable.

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Main photo source: Sunset

Monaco’s thriving dining scene helps hospitality sector reach €1.14 billion

Monaco’s hospitality sector continued to outperform the broader economy in 2025, generating more than €1.14 billion in revenue despite an overall decline in business activity across the Principality, according to new figures published by IMSEE.

The latest Focus report from Monaco’s statistics office reveals that accommodation and food service activities recorded revenue growth of 6.3% in 2025, reaching €1.14 billion at a time when overall turnover in the Principality fell by 7.6%. The figures underline the resilience of Monaco’s tourism and hospitality industries, which remain among the country’s most important economic drivers.

Hotels lead growth as tourism rebounds

The accommodation sector was the strongest contributor, generating €812.3 million in revenue, an increase of 7.3% compared with 2024 and accounting for more than 71% of the sector’s total turnover. Restaurants and food service activities also performed strongly, contributing €327.8 million and recording growth of 3.9% year-on-year.

The positive results were supported by improving tourism indicators. Monaco’s hotels welcomed 353,875 visitors in 2025, an increase of 1.1% compared with the previous year, while occupied room nights rose by 2.1%. Hotel occupancy climbed to 64.5%, up 2.7 percentage points from 2024, with visitors from outside the European Union accounting for nearly half of all guests.

Restaurants continue to expand across the Principality

The report highlights the continued expansion of Monaco’s dining scene. By the end of 2025, the Principality was home to 314 accommodation and food service establishments, including 299 businesses operating within the food and beverage sector. Restaurants and mobile food service activities represented the largest category, accounting for 255 establishments.

La Condamine emerged as Monaco’s leading food and beverage hub, with 98 restaurant-related addresses, ahead of Monte-Carlo with 81 and Fontvieille with 41. The data also points to a steady wave of new openings, with 30 businesses created during the year compared with 20 closures.

Hospitality remains Monaco’s second-largest employer

Beyond its contribution to tourism, the sector continues to play a major role in employment. Hospitality and food services employed 8,988 people in 2025, making it Monaco’s second-largest employment sector for the third consecutive year. Employment increased by 3.1% compared with 2024 despite wider economic challenges.

The workforce is notably young, with almost 40% of employees under the age of 35. Hotels account for the majority of jobs, employing nearly 6,200 people, while restaurants and food service businesses provide employment for more than 2,500 workers.

A sector increasingly central to Monaco’s economy

The figures reinforce the growing importance of hospitality to Monaco’s economic model. While several sectors experienced more challenging conditions in 2025, hotels and restaurants continued to benefit from strong international demand, increasing visitor numbers and sustained investment in the Principality’s tourism offering.

The report also highlights the sector’s long-term evolution. While Monaco’s hotel stock includes several historic establishments dating back to before 1960, much of the restaurant sector has emerged more recently, reflecting the continued diversification of the Principality’s culinary landscape.

As visitor numbers continue to rise and occupancy rates strengthen, the latest data suggests Monaco’s hospitality industry remains one of the Principality’s most dynamic and resilient sectors.

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Photo of the Café de Paris terrace overlooking Casino Square. Source: MCSBM

 

SBM posts record revenues of €861.6 million as American clientele drives Formula 1 boom

The Monte-Carlo Société des Bains de Mer Group reported record revenues of €861.6 million for the financial year 2025/2026 — a 12% increase on the previous year — with growth across every sector of its business and a shifting clientele that points to a broader transformation in who is coming to Monaco.

Presenting the results at a press conference on Wednesday 10th June, SBM president-delegate Stéphane Valeri described the year as a historic record for the group, driven by strong summer activity, exceptional casino performance and the continued expansion of the hotel and restaurant portfolio.

The American effect

One of the most striking observations from Valeri’s presentation concerned the changing profile of SBM’s clientele. North Americans and visitors from the Middle East are now the leading customer groups at the casinos, overtaking the French, British, Irish and Swiss in the hotels. The average age of guests is also falling — down by nearly a year over three years to around 45 in accommodation, and from 49 to 46 at the Monte-Carlo Beach.

The Formula 1 Grand Prix is playing a significant role in that shift. While stock exchange rules prevented Valeri from discussing the most recent Grand Prix weekend in detail — the 83rd edition having just taken place — he did not hold back entirely. “What I can say is that it was an excellent vintage across all our activities, with results well above forecasts,” he said. “It is a very important period for us, where it is possible to multiply normal daily turnover by six or seven. In particular because more and more wealthy Americans are following Formula 1. This is an effect of Liberty Media’s work in the sport, which has brought about a very significant renewal.”

The numbers

Consolidated revenue for the year ended 31 March 2026 reached €861.6 million, up €93.5 million on the prior year. Hotel revenues rose 11% to €443.1 million, with accommodation up 8% on the back of higher average room rates — boosted in part by newly renovated rooms at the Hôtel Hermitage and the Monte-Carlo Bay Hotel & Resort — and food and beverage up 11%, driven by the opening of the Cédric Grolet Monte-Carlo tea room and boutique and the first full year of Marlow at Mareterra.

Casino revenues were the standout, rising 20% to €259.6 million — a combination of higher table game volumes, a particularly favourable run of results, and growth in slot machine activity. Rental income grew 4% to €156.5 million, with residential occupancy close to 100%.

Operating profit reached €86.6 million, up 16% or €12.1 million on the prior year. Net profit came in at €112.9 million against €110.1 million the previous year. The group ended the year with net positive cash of €158.8 million and equity of €1.678 billion.

Investment continuing

SBM invested €176.8 million during the year, covering ongoing renovation programmes at the Hôtel Hermitage and Monte-Carlo Bay Hotel & Resort, and works on Monte-Carlo One in Courchevel. In early June, the group opened Gustave — the new bar at the Hôtel Hermitage — and will soon re-open the restaurant La Vigie with chef Simone Zanoni, alongside the newly renovated La Rascasse.

Valeri said the results reinforced the group’s conviction that its development strategy was the right one. “All our sectors are growing, which strengthens our belief that we must continue to implement our development strategy across all areas.”

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Photo source: MCSBM

 

Where to watch the FIFA World Cup 2026 in style across Monaco

The FIFA World Cup 2026 kicks off on Thursday 11th June, and Monaco’s venues are gearing up to screen matches across some of the Principality’s most distinctive addresses — from a Lebanese restaurant at the Hôtel de Paris to the iconic La Rascasse on the circuit. Here is where to watch, and what to expect.

Em Sherif Monte-Carlo — Hôtel de Paris Monte-Carlo

Em Sherif at the Hôtel de Paris will be screening matches from 11th June to 19th July on a giant screen in its interior lounge, with the rest of the restaurant — including the terrace — continuing to operate normally. Packages are tiered by round: group stages and last 32 require a minimum spend of €200 per person, rising to €300 for the last 16, €400 for the quarter-finals, €450 for the semi-finals and €500 for the final, with the top rounds including a Magnum of Champagne per table of six. Menus combine hot and cold mezzes, mains and desserts. Advance reservations and prepayment are required. +377 98 06 88 75 / emsherifmc@sbm.mc

Blue Gin — Monte-Carlo Bay Hotel & Resort

The Monte-Carlo Bay’s Blue Gin bar will screen matches across five screens — one inside, two on the terrace, one at the bar and one in the smoking room — from 11th June to 19th July, running from 6.30pm to 1.30am. No packages are offered; the bar operates as normal, with a deposit of €50 per person potentially required for certain matches. Given the limited capacity, reservations are strongly advised. +377 98 06 00 15

Café de Paris Monte-Carlo — Place du Casino

The most accessible option on the list, Café de Paris will screen every match of the tournament from 11th June to 19th July across eight screens spread across the ground floor, first floor and two upper terrace screens. Open from 8am to 12.30am, with the regular menu on offer and no fixed packages, it is the most flexible viewing option in the SBM portfolio. Reservations are not required but are strongly recommended. +377 98 06 76 23

Marlow — Place Princesse Gabriella

Marlow at Mareterra will screen all matches live between 8.30am and 11pm from 11th to 28th June, across two screens — one on the terrace and one inside. The regular menu is available throughout and no packages are required. Reservations are recommended. +377 98 06 14 00

La Rascasse — Quai Antoine Ier

La Rascasse is the natural home of World Cup viewing in Monaco — and with a giant outdoor screen on the lower terrace, a projector and large screen on both floors, a VIP screen on each level, four televisions at the ground floor bar, three screens at the first floor bar and a large screen on the upper terrace, it has the infrastructure to match the occasion. The venue will open for major matches outside its usual hours, including key France fixtures — France v Senegal on 16th June, France v Iraq on 22nd June and France v Norway on 26th June, all at 9pm. A beer bar will be set up on the lower terrace and a match prediction game will run for France games and the knockout rounds. Reservations are strongly recommended. +377 98 06 16 16

Amazonico Monte-Carlo — Place du Casino

Amazonico will begin screening matches from 11th June in its lounge on a single screen, expanding to four outdoor screens across all exterior spaces from the quarter-finals onwards. The restaurant runs Thursday to Tuesday from 6pm to 2am, closing at 3am on Fridays and Saturdays. +377 98 06 14 14.

Le Meridien Beach Plaza

Muse restaurant at Le Meridien Beach Plaza will offer fans an opportunity to watch the two semi-finals and the final on the big screen.

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Photo of La Rascasse, source: MCSBM

Monaco drops ‘Attractivité’ for Invest Monaco — a new name with a clear international message

The Monaco Government has announced the launch of Invest Monaco, a rebranding of its existing Cellule Attractivité that signals a more ambitious approach to positioning Monaco as a destination for international talent, residents and investment.

The new identity is designed to give greater visibility to the government’s attractiveness policy and to serve as a clearer point of entry for entrepreneurs, investors and businesses looking to establish themselves in the Principality. Invest Monaco will take on responsibility for accompanying individual projects, promoting Monaco internationally, animating economic networks and identifying new development opportunities.

A single point of entry for investors and talent

The launch comes as competition between international financial and economic centres continues to intensify. The government argues that Monaco’s combination of institutional stability, quality of life, international openness and capacity for innovation gives it a distinctive offer — one that Invest Monaco is now tasked with communicating more effectively.

Ludmilla Raconnat Le Goff, the delegate responsible for attractiveness to the Minister of State, said the rebranding reflected a broader conviction about how attractiveness policy needs to work. “In an increasingly competitive international environment, attractiveness cannot be improvised. It is built, cultivated and developed over time. Monaco has exceptional assets and a unique model built on stability, excellence, innovation and quality of life. Our responsibility is to make this reality better known, to support those who choose the Principality and to create the conditions for new successes for the benefit of the country.”

Three objectives, one mandate

Invest Monaco’s mandate covers three complementary objectives: attracting new talent, residents and investors; supporting the development of high-value-added businesses and activities; and strengthening Monaco’s visibility and influence on the international stage.

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Photo credit: benjamin Vergely, Government Tourism Department

Monaco and Switzerland explore new economic synergies

The Monaco Economic Board (MEB) has signaled a new era of cooperation with Switzerland, hosting a high-level delegation at MonacoTech on Friday 29th May to map out a more formalised economic alliance between the two nations.

The summit served as the crescendo to a national roadshow aimed at identifying tangible business opportunities, drawing together key institutional players including the France-Switzerland Chamber of Commerce and Industry and the Swiss Business Hub France. For the 60 Monegasque entrepreneurs in attendance, the event offered more than just networking—it provided a blueprint for closer integration.

Beyond cultural ties

“Why haven’t we achieved more together, given how much we have in common and the potential to build?” a Swiss participant noted during a networking dinner preceding the event. Guillaume Rose, CEO of the Monaco Economic Board, opened the session by validating this sentiment, framing the current shift as a transition from historical friendship to high-value economic synergy.

The gathering follows a reciprocal economic mission to Switzerland last March, signaling a concerted effort to move beyond surface-level relations. High-level representation underscored the importance of the summit, with Christophe Vauthey, Consul General of Switzerland in Marseille and Monaco, and Luca Comparato, Honorary Consul of Switzerland in Monaco, both present to explore how the two jurisdictions can leverage their complementary strengths.

Lessons in innovation

Much of the day’s discourse centered on what Monaco can learn from Switzerland’s economic architecture. Consul General Vauthey highlighted Switzerland’s consistent top-tier ranking by the World Intellectual Property Organisation, pointing to the nation’s robust infrastructure, legal certainty, and transparent tax environment as essential pillars of its global success—qualities that resonate strongly with the Principality’s own development goals.

The event also delivered practical market intelligence. Attendees participated in intensive round-tables and case studies focusing on the realities of regulatory compliance and cross-border market entry.

A notable highlight was the participation of GaiaTech, a Swiss start-up currently embedded in the MonacoTech accelerator. Their operational presence in the Principality served as a live case study of the potential for ecosystem integration, demonstrating how Swiss innovation can thrive when paired with Monaco’s unique business environment.

A foundational step

With 1,300 Swiss nationals currently residing in the Principality—forming Monaco’s fourth-largest foreign community—the human infrastructure for this partnership is already well-established. But the clear goal is no longer merely to maintain cultural ties, but to formalise a high-value economic corridor that could redefine the business landscape between the two territories in the coming years.

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Photo credit: MEB