Business & Finance
Monaco’s tourism sector in 2023: Hotel prices hit new record
The number of hotel visitors to Monaco increased slightly last year, while the average price that visitors paid hit an all-time high. Cruise ship passenger numbers also increased significantly in 2023.
Read moreHow much is the maritime sector worth in Monaco? €1.8 billion to be exact
For the very first time, the real and quantifiable economic impact of Monaco's maritime sector has been revealed in an official report, confirming the enormous value of this industry in a...
Real Estate: Family homes dominate Monaco’s property market growth
With family-sized homes more in demand than ever before, Monaco Life delves into the latest real estate statistics to find out how this need for a larger home is affecting the Principality's property...
New Ambassadors to Monaco from Brazil, Azerbaijan, Chile, and Seychelles
Four new ambassadors have been accredited to Monaco, signifying strengthened ties between their respective nations and the Principality.
Explained: Behind the scenes of Monaco’s civil service
More than 5,000 people are employed by the civil service in Monaco, with 75% stationed in government departments and one in four holding Monegasque citizenship.
Monaco’s first high rise, The Schuylkill, getting a €170 million makeover
The Schuylkill, Monaco’s first luxury high rise building and now a bit past its prime, has been saved from demolition by its owner, Sylvia Ratkowski-Pastor, who has decided to give it a remarkable...
Monaco poised to sign major development deal for Grimaldi-owned land in Ventimiglia
The Municipality of Ventimiglia has unanimously approved a plan to develop land owned by Monaco’s Princely Family for a major real estate project that includes an innovative large-scale botanical...