Monaco Travel Vacation Hotels Tourist Attractions

Panoramic view of La Condamine, Monaco (by Mgimelfarb, via Wikimedia Commons)

Panoramic view of La Condamine, Monaco (by Mgimelfarb, via Wikimedia Commons)

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Monaco – A Famous Tourist and Recreation Center

Map of The Principality of Monaco

Map of The Principality of Monaco

Monaco economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the Principality of Monaco mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.

World 2nd-Smallest Independent State

Located in Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy, Monaco has total land area just about 2 square kilometers, about three times the size of The Mall in Washington, DC of the United States. Monaco is second-smallest independent state in the world (after Holy See) and
smallest country with a coastline.

View of Port of Hercules, La Condamine, Monaco (by R Meehan, via Wikimedia Commons)

View of Port of Hercules, La Condamine, Monaco (by R Meehan, via Wikimedia Commons)

2 square kilometers with 37,000 population

Based on 2014 estimate, Monaco has about 37,000 population with French 47%, Monegasque 16%, Italian 16%, and other 21%. French is the official language in Monaco, but English, Italian and Monegasque are widely spoken in Monaco.

Prosperous, Mild Climate, Splendid Scenery

Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. In 2001, a major new construction project will extend the pier used by cruise ships in the main harbor.

Beach view, Monaco

Beach view, Monaco

No income tax and low business taxes

The principality also is a banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. Monaco, however, is not a tax-free shelter; it charges nearly 20% value-added tax, collects stamp duties, and companies face a 33% tax on profits unless they can show that three-quarters of profits are generated within the principality.

High living standards

The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas. Based on 2011 data, Monaco GDP per capita (PPP) is about $85,500.

Monte Carlo Casino and Gardens

Monte Carlo Casino and Gardens

World’s most expensive real estate

Monaco has the world’s lowest poverty rate and the highest number of millionaires and billionaires per capita in the world. Monaco in 2012 had the world’s most expensive real estate market, at $58,300 per square meter.

Monaco uses euro (EUR) as its currency. In February 2015 each US dollar was exchanged for 0.89 euros.

Monaco has a modern automatic telephone system and Internet access. Based on 2009 data, Monaco has about 23,000 Internet users.

World-class Recreation & Cultural Activities

Monte-Carlo Ballet, Philharmonic, Opera performances, Tennis, Festivals

Monaco presents many recreation and cultural events every year to attract visitors from around the world. Monte-Carlo Ballet performances, Monte-Carlo Philharmonic performances, Monte-Carlo Opera performances, Monte-Carlo Tennis Master Series, Monte-Carlo Spring Arts Festival, Monte-Carlo Television Festival, Monte-Carlo International Circus Festival are some of the Monaco’s cultural activities.

With Mediterranean climate and splendid scenery, famous Monte Carlo Casino, and world-class art and cultural performances, Monaco will continuously be an attractive travel and vacation destination of the world.

Monte-Carlo Masters Tennis Tournament

Monte Carlo Masters Tennis Tournament

Monte Carlo Masters Tennis Tournament

The Monte-Carlo Masters is an annual tennis tournament for male professional players held in Roquebrune-Cap-Martin, France, a commune that borders on Monaco. The event is part of the ATP World Tour Masters 1000 on the Association of Tennis Professionals (ATP) Tour.

The tournament is played on clay courts and is held every year in the April–May period.

Monaco – Monte-Carlo Luxury Hotels

Monaco – Monte-Carlo Hotels – Booking:

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Hotel De Paris Monte-Carlo

Hotel De Paris, Monte Carlo, Monaco

Hotel De Paris, Monte Carlo, Monaco

Booking for this Hotel

The prestigious 5-star Hotel De Paris Monte Carlo is situated on the golden square of the Place Du Casino and was the first hotel built in Monte Carlo in 1864. This Hotel is located in the heart of Monte Carlo in front of the casino and the Cafe De Paris, and is within close proximity of Salle Garnier Opera House and Le Metropole Shopping Center. Hotel De Paris is 25 kilometers from Nice International Airport, about 6 minutes by helicopter and 35 minutes by car.

Hotel De Paris, Monte Carlo, Monaco

Hotel De Paris, Monte Carlo, Monaco

The Hotel De Paris Monte-Carlo features several restaurants including Michelin Three Star fine dining at Le Louis Xv. Most guest rooms are located in the rotonde wing of the Hotel with views of the Mediterranean, Harbour of Monte Carlo, Casino Square and City of Monte Carlo.

This hotel has 182 individually decorated guestrooms, featuring minibars and flat-screen televisions. Satellite programming provides entertainment, and wired and wireless Internet access is available for a surcharge. Private bathrooms with bathtubs or showers feature designer toiletries and hair dryers.

Hotel De Paris, Monte Carlo, Monaco

Hotel De Paris, Monte Carlo, Monaco

Hotel De Paris Monte Carlo premium amenities include a full-service spa, casino, a health club and an outdoor pool. Additional amenities include babysitting/childcare, a hair salon, and shopping on site.

Business amenities include a business center, dry cleaning/laundry services, and multilingual staff. This hotel has facilities measuring 5380 square feet (500 square meters) conference space. A roundtrip airport shuttle is provided for a surcharge.

Hotel Hermitage Monte Carlo

Hotel Hermitage Monte Carlo, Monaco

Hotel Hermitage Monte Carlo, Monaco

Booking for this Hotel

Located near the casino and overlooking the Harbour of Monte-Carlo and the Princess Palace, Hotel Hermitage Monte Carlo has been a landmark since 1900 and is a registered historical monument. Hotel Hermitage Monte Carlo is a short walking distance from the most prestigious shopping in Monaco. The Hotel is 25 kilometers from Nice Cote D*Azur International Airport and a short cab ride from the Monte-Carlo Heliport.

Monte Carlo Bay Hotel & Resort

Monte Carlo Bay Hotel & Resort, Monaco

Monte Carlo Bay Hotel & Resort, Monaco

Booking for this Hotel

With a stay at Monte Carlo Bay Hotel & Resort in Monaco (Monte Carlo), you’ll be convenient to Grimaldi Forum and Casino Monte Carlo. This 4-star hotel is within close proximity of Japanese Garden and Le Metropole Shopping Center.

Monte Carlo Bay Hotel & Resort has 334 individually decorated guestrooms, featuring minibars and flat-screen televisions, private balconies, Satellite programming entertainment, and wired and wireless Internet access.

Fairmont Monte Carlo Hotel

Fairmont Monte Carlo Hotel, Monaco

Fairmont Monte Carlo Hotel, Monaco

Booking for this Hotel

Fairmont Monte Carlo Hotel is centrally located in Monaco, steps from Le Metropole Shopping Center and Salle Garnier Opera House. This 4-star hotel is within close proximity of Casino Monte Carlo and Casino Square.

This Monaco hotel has 602 air-conditioned rooms featuring minibars, private balconies, Wireless Internet access, satellite programming entertainment.