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The number of tourists visiting Monaco so far this summer has increased, according to local businesses, local French daily Monaco Matin reports.
However, anecdotal evidence is that more people are coming to Monaco on short trips, and the revenues from tourism reflect the fact that hotel occupancy in the Principality has not kept pace, at least for the month of July, local sources say.
The new attractions at the Oceanographic Museum have proven very popular, and the summer exhibition at the Grimaldi Forum has been particularly successful. The fact that children under 18 are admitted free has been a big draw for families. Those with a local railway ticket also receive a discount, so that entry costs only nine euros. This has drawn in many visitors who may be spending their holidays elsewhere along the coast. The Golden Treasures of the Pharaohs continues until September 9.
Official figures for tourism for 2018 will not be published by the Monaco Statistical Office until much later.
Monaco has presented the merits of its new drone system while calling for increased use of cleaner fuel alternatives for aircraft during this year’s International Civil Aviation meeting in Montreal. The 40th annual meeting of the International Civil Aviation Organisation (ICAO) saw the introduction of a new platform for the management of drone traffic, dubbed […]
In the first of his new regular Monaco Life columns, Geoffrey Kent – ex-British Army officer, former champion polo player, Monaco resident and founder and co-chairman of renowned luxury travel company Abercrombie & Kent – answers our questions on his fascinating past, present and future. Monaco Life: How and when did Abercrombie & Kent begin?
Air Canada has announced it will be doubling the number of seats currently available on it’s Nice-Montreal route. The airline is replacing the Air Canada Rouge planes with Air Canada Airbus, which will also be flying one extra day per week. The expanded direct service, which will increase from four to five flights per week, […]
The Monaco Yacht Show is famous for its opulent display of superyachts, a fleet which this year was valued at over four billion jaw-dropping euros. But the Principality is also leading the world in sustainable practices, so it is unsurprising to see, floating beside these incredible mega yachts, a far less lavish but no less […]
On Friday, June 23, Minister of State Serge Telle, accompanied by Jean Castellini, Minister of Finance and Economy, signed an agreement sealing the Principality’s investment in Azzurra Aeroporti, majority shareholder of Aéroports de la Côte d'Azur, to the tune of €135 million.
Monaco will hold a stake of 12.5 percent and the transfer of funds will take place in July.
In September 2016, the French government awarded the majority stake in Nice-Côte d'Azur Airport and other public airports on the Riviera to Azzurra Aeroporti, which is a Franco-Italian consortium.
Serge Telle said that the Prince’s Government was happy to become a shareholder in the Nice airport and to participate in its long-term development. Monaco views Nice Airport as being of strategic importance as it is by far the principal air gateway to the Principality.