The number of room nights in Monaco’s hotels has not yet rebounded to levels seen in 2019, the last full year before coronavirus struck.
However, the first three months of 2023 showed an increase of 26.3 percent on the same period of 2022. The total number of room nights in the first quarter of this year was 97,100 compared to 76,904 last year.
Room occupancy stood at 44 percent in this first quarter, up by nine percent from the same period of 2022
According to Monaco’s Statistical Office (IMSEE), the Principality is attracting a growing number of visitors from further away, with 29.8 percent arriving to stay in Monaco hotels from countries beyond the European Union, compared to 23.5 percent in 2021 and 23.3 percent in 2019.
ORIGINAL SOURCE: IMSEE PHOTO: The Monte-Carlo Bay. Max Brodie