Monaco’s tourism sector recorded a highly positive summer season, with hotels reporting strong occupancy rates and visitor numbers in July and August broadly matching or exceeding those of 2024…
According to Guy Antonelli, Director of Tourism and Conventions, the Principality continues to attract a steady flow of international travellers despite pressures on European purchasing power.
For the first time, American visitors topped the list of hotel guests, overtaking French and British clientele. This reflects a wider trend across Europe as high-end US travellers take advantage of a strong dollar and rising prices at home to seek quality and value abroad. “American demand for premium travel experiences is very strong, and Monaco’s offer fits perfectly with this profile,” Antonelli explained. Italy and Russia complete the top five markets, although Russian numbers remain at about half of pre-Covid levels.
Hotels also reported a growth in last-minute bookings, a pattern that allowed establishments to manage pricing dynamically according to demand and room type. Restaurant and hospitality businesses across the Principality described the season as very satisfactory, in contrast to some Côte d’Azur resorts where seaside restaurants reported declines of up to 20–25 percent.
Monaco’s resilience as a destination was reinforced by its recent recognition as “Best European Destination 2025,” an accolade Antonelli believes strengthens the Principality’s global appeal. Beyond leisure travel, business tourism remains a major driver of economic activity, accounting for more than a quarter of hotel nights. Autumn and spring are traditionally peak seasons for conferences and corporate events, and forecasts for September and the coming months are already described as “very, very good.”
With visitor numbers holding firm into early autumn, Monaco’s tourism sector is ending the summer on a confident note, demonstrating the enduring pull of the Principality’s hotels, restaurants and cultural offer.
