Monaco’s tourism industry continues to perform well.
The Monaco Tourist and Convention Bureau (DTC) has reported that despite a 2.8 percent drop in hotel room occupancy in 2016, overall profits of the Principality’s hotels rose by 1.3 percent in 2016. The average price of a room during the year rose by 4.3 percent, DTC deputy director, Guy Antognelli, told a meeting of the DTC’s tourism partners at the Meridien Beach Plaza last week.
The average price of a room during the year rose by 4.3 percent, DTC deputy director, Guy Antognelli, told a meeting of the DTC’s tourism partners at the Meridien Beach Plaza last week.
Monaco has also succeeded attracting major business events throughout the year, with Sandrine Camia, Director of the Convention Bureau, saying, “Thirty-one percent of the nights sold outside July and August were the result of Business Tourism.”
At the Grimaldi Forum, the convention centre remains unused only 10 days during the year, again proving the enduring popularity of Monaco as a high-end business destination.