Monaco accommodation data

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Nice Monaco / Monaco Research Observatory
Monaco in Figures · Research Series

Hotels and
hospitality

Capacity, utilisation and geography
of Monaco’s hotel system.

Statistical reference year: 2024 / Review: 1 October 2026

The hotel sector offers a way to examine how a relatively limited accommodation supply is used throughout the year and how capacity, hotel category and length of stay relate to one another. This section brings together statistics on hotel establishments, rooms, beds, arrivals and overnight stays; each variable retains its own unit and reference period. The main reference year is 2024, supplemented by observations from 2019 onwards and establishment profiles with their own dates. Although publications covering 2025 were identified, certain results and their year-on-year comparisons could not be reconciled with the accessible originals. This edition therefore distinguishes the reference year from the review date. The analysis describes the hotel population measured by the sources; it does not represent every visitor, every form of accommodation or, without further geographical reconciliation, a complete territorial census.

Reference edition. 2024 is the latest complete year cross-checked in this review, not the latest year published. The 2026 statistical edition already exists; its 2025 results require the reconciliation explained in the notes. Nor do the inventories reported in the yearbook necessarily represent operational capacity verified today.
Explore this research
  1. 01The hotel system at a glance
  2. 02Structure of hotel supply
  3. 03Evolution of hotel capacity
  4. 04Hotel demand
  5. 05Seasonality
  6. 06Origin of hotel guests
  7. 07Geography of the hotel sector
  8. 08Openings, closures and structural changes
  9. 09What the figures show
  10. 10Methodological notes
  11. 11Complete source register

01 / MONACO IN FIGURES The hotel system at a glance

HOTELS
13
hotels · 2024 · IMSEE / DTC

Establishments within the statistical scope.

ROOMS
2 499
rooms · 2024 · IMSEE / DTC

Published inventory; not available room-nights.

BEDS
6 129
beds · 2024 · IMSEE / DTC

Reported bed spaces; not equivalent to rooms.

ROOMS IN 4–5-STAR HOTELS
81,0%
of all rooms · 2024 · MRO calculation

Calculated from 2 025 rooms in 4–5-star hotels.

ROOM OCCUPANCY
61,5%
annual occupancy · 2024 · IMSEE / Touriscope

Occupied / available room-nights, aggregated.

AVERAGE LENGTH OF STAY
2,57
nights per arrival · 2024 · MRO / Touriscope

Ratio of person-nights to arrivals.

Inventories are checked by summing categories. Touriscope corroborates flows and utilisation but does not provide a second independent measurement of the number of beds here.

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02 / MONACO IN FIGURES Structure of hotel supply

DATA / 2024 · hotel population as defined by the source
Category Hotels Rooms Beds Share of rooms
2–3 stars 54741 20019,0%
4 stars 41 3763 57455,1%
5 stars 46491 35526,0%
Total 132 4996 129100,0%
WEIGHT OF UPPER CATEGORIES / Rooms by hotel category · 2024 · % of 2 499 rooms
2–3 stars · 474 rooms 4 stars · 1 376 rooms 5 stars · 649 rooms
Reading the data The 4- and 5-star categories account for 61,5% of hotels and 81,0% of rooms. Concentration by capacity is greater than concentration by number of establishments. A hotel’s classification cannot be used to infer the economic profile of each guest.

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03 / MONACO IN FIGURES Evolution of hotel capacity

EVOLUTION OF CAPACITY / Published room inventory · 2019–2024
2019 2 469 rooms
12 hotels
2020 2 470 rooms
12 hotels
2021 2 484 rooms
12 hotels
2022 2 499 rooms
13 hotels
2023 2 499 rooms
13 hotels
2024 2 499 rooms
13 hotels
Before and after The published inventory rises from 2 469 to 2 499 rooms between 2019 and 2024. This small net change does not in itself describe renovations, days of closure or actual availability.

The bed series is retained in the research dataset but is not used as a trend: reported changes have not been reconciled with physical or methodological changes. No general statistical break has been demonstrated, but full homogeneity is not assumed either.

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04 / MONACO IN FIGURES Hotel demand

HOTEL DEMAND / Annual person-arrivals and person-nights · 2019–2024
Common count scale: 0–1 000 000 · teal = arrivals · burgundy = overnight stays
2019
377 493
930 481
2020
172 038
405 690
2021*
220 053
565 525
2022
290 180
834 400
2023
341 248
861 170
2024
348 259
895 354
DATA / Calendar years · different units
Year Arrivals
persons
Overnight stays
person-nights
Average length of stay
nights
Occupancy
rooms
2019 377 493930 4812,4665,9%
2020 172 038405 6902,3628,5%
2021* 220 053565 5252,57— †
2022 290 180834 4002,88— †
2023 341 248861 1702,5258,4%
2024 348 259895 3542,5761,5%

* 2021: the later edition is used, with 565 525 overnight stays, compared with 566 536 in the previous edition. The change between versions of the statistic is flagged; its cause is undocumented. † Occupancy for 2021 and 2022 is excluded from this table because of discrepancies involving the denominators; the figures and the problem are documented in the methodological notes and verification register.

Reading the data More arrivals and overnight stays were recorded in 2024 than in 2023; both remain below 2019 levels. These are hotel records, not a count of unique visitors to Monaco.

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05 / MONACO IN FIGURES Seasonality

SEASONAL PATTERN / Room occupancy · 2024 · % of available room-nights
0%50%100%
Jan 44,1%
Feb 36,9%
Mar 55,8%
Apr 62,2%
May 66,9%
Jun 76,4%
Jul 79,1%
Aug 80,7%
Sep 79,2%
Oct 60,5%
Nov 46,9%
Dec 46,5%
DATA / 2024 · monthly series
Month Arrivals Overnight stays Room occupancy Average length of stay
nights
January18 48550 71144,1%2,74
February19 59639 21836,9%2,00
March27 16359 84655,8%2,20
April28 46672 56262,2%2,55
May31 46283 66266,9%2,66
June35 76094 47876,4%2,64
July38 527112 70179,1%2,93
August39 597121 13980,7%3,06
September33 14486 69279,2%2,62
October28 81468 14760,5%2,37
November21 43350 33046,9%2,35
December25 81255 86746,5%2,16
Published annual total 348 259895 35461,5%2,57

The monthly figures sum to 895 353 person-nights, compared with the published annual total of 895 354. The one-unit residual is retained without artificially allocating it to a month. Annual occupancy is calculated from accumulated room-nights; it is not the simple mean of these percentages.

Observed pattern August records the highest occupancy and overnight stays; February records the lowest values for both indicators. January, by contrast, has the fewest arrivals. Temporal coincidence with events does not establish a causal effect.

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06 / MONACO IN FIGURES Origin of hotel guests

MAIN NATIONALITIES / Share of hotel arrivals · 2024 · scale from 0 to 30%
French 24,4%
Italian 12,4%
American 11,2%
English 9,3%
German 4,0%
Swiss 3,5%
DATA / 2024 · selected nationalities listed by the source
Nationality Arrivals Share of arrivals Overnight stays Share of overnight stays
French84 96824,4%168 04218,8%
Italian43 35512,4%101 58011,3%
American38 94911,2%105 97511,8%
English 32 5449,3%96 39910,8%
German13 9284,0%37 2884,2%
Swiss12 3123,5%31 4563,5%
Russian6 3171,8%20 5802,3%
Monegasque5 7671,7%15 8951,8%
Belgian5 3961,5%15 6731,8%
Spanish5 3461,5%12 1391,4%
Dutch5 1481,5%12 3751,4%
Canadian5 0051,4%14 6311,6%
Australian4 5301,3%12 1731,4%
Ukrainian4 2191,2%14 5581,6%
Israeli3 1800,9%10 9471,2%

Nationality is what is measured. “English ” preserves the meaning of the original label “Anglais”; it is not silently expanded into a United Kingdom residence category. “American” corresponds to the source’s “Américains” category. The list does not include every nationality and is not expected to add up to 100%.

Reading the data France leads in arrivals. The United States ranks below Italy in arrivals but above it in overnight stays. This describes a different composition of the records; it does not, in itself, explain the reasons for travel.

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07 / MONACO IN FIGURES Geography of the hotel sector

The tourism directory identifies establishments and addresses. Reference areas are distinguished from administrative neighbourhoods or districts, which require specific cartographic validation. The following capacity figures come from documents with different dates and are not added together to reconstruct the 2024 total.

HOTEL GEOGRAPHY / Documentary inventory · different reference dates
Hotel Category Rooms Address Spatial reference Capacity reference Source
Hôtel de Paris Monte-Carlo 5 stars206 Place du Casino, Monaco Casino / Monte-Carlo Undated directoryS10
Hôtel Hermitage Monte-Carlo 5 stars259 Square Beaumarchais, Monaco Casino / Monte-Carlo 2026S15
Hôtel Métropole Monte-Carlo 5 stars125 4 avenue de la Madone, Monaco Casino / Monte-Carlo Historical press kit; 2023 archive pathS18
Fairmont Monte Carlo 4 stars596 12 avenue des Spélugues, Monaco Spélugues Undated profile; accessed 01-10-2026S11
Le Méridien Beach Plaza 4 stars397 22 avenue Princesse Grace, Monaco Larvotto Undated directoryS10
Monte-Carlo Bay Hotel & Resort 4 stars332 40 avenue Princesse Grace, Monaco Larvotto Undated directoryS10
Port Palace 4 stars50 7 avenue Président J. F. Kennedy, Monaco Port Hercule Undated directoryS10
Columbus Monte-Carlo 3 stars181 23 avenue des Papalins, Monaco Fontvieille Undated profile; accessed 01-10-2026S13
Ambassador-Monaco 3 stars35 10 avenue Prince Pierre, Monaco La Condamine Undated directoryS10
Hôtel Miramar 3 stars14 1 avenue J. F. Kennedy, Monaco Port Hercule Undated profile; accessed 01-10-2026S14
Novotel Monte-Carlo 3 stars218 16 boulevard Princesse Charlotte, Monaco Boulevard Princesse Charlotte Undated profile; accessed 01-10-2026S12
Hôtel de France 2 stars26 6 rue de la Turbie, Monaco La Condamine Undated directoryS10
Monte-Carlo Beach 5 stars— † 2 avenue Princesse Grace, Roquebrune-Cap-Martin, France Outside Monaco Undated directoryS10
Territorial scope warning. Monte-Carlo Beach appears in the destination’s institutional offering, but it is located in Roquebrune-Cap-Martin, France. The directory and statistical panel are not assumed to have identical coverage. † Its capacities of 40 and 41 units have not been harmonised, particularly because of how the villa is treated.

Hermitage: the 2026 press kit, reporting 259 rooms, takes precedence over the undated directory, which lists 262. Métropole: 125 is a documented historical capacity, not a post-renovation confirmation. No concentration measure is calculated by neighbourhood or district, and no map is drawn using unverified boundaries. Spatial references are indicative, not an administrative classification.

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08 / MONACO IN FIGURES Openings, closures and structural changes

The chronology distinguishes a physical opening, construction work, a temporary closure and a change of affiliation. No event is automatically treated as a net change in the total number of rooms.

2005

Monte-Carlo Bay: opening

Addition of an establishment, documented in the SBM chronology. No net change in territorial capacity is estimated here.

2014–2019

Hôtel de Paris: transformation

The SBM annual report documents the restoration of capacity following the works. Average capacity over a financial year and the closing inventory are not interchangeable.

2019–2020

Miramar: renovation works

The yearbook identifies the establishment as undergoing works. Its reopening is not automatically credited with the aggregate increase in hotel numbers from 2021 to 2022.

2020

Temporary closures during the pandemic

SBM documents closures and exceptions for resident guests. A temporary operational closure is not equivalent to the permanent removal of inventory.

2018 / 2023

Columbus: renovation and change of affiliation

The refurbishment is documented; the affiliation with Curio in December 2023 concerns an existing hotel. It is not counted as a new physical opening.

2025

Métropole: renovation

The establishment reports 45 renovated rooms and suites. That number does not measure a net expansion or confirm the total capacity after the works.

A comprehensive inventory of permanent closures or classification changes has not been completed. That gap should not be interpreted as an absence of change.

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09 / MONACO IN FIGURES What the figures show

Observed data

Rooms increased by 1,22% between 2019 and 2024. Arrivals in 2024 were 7,74% below 2019 and overnight stays were 3,78% below 2019.

Relative to 2023, arrivals rose by 2,05% and overnight stays by 3,97%. Rooms in 4–5-star hotels accounted for 81,03% of the 2024 inventory.

Interpretation

Recovery in utilisation and changes in inventory are separate processes: a similar aggregate capacity can coexist with different volumes and lengths of stay.

Supply has a high proportion of upper-category hotels and markedly seasonal utilisation. These data do not allow profitability, guest spending or causal dependence on particular events to be estimated.

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10 / MONACO IN FIGURES Methodological notes

Consult definitions, calculations and limitations
  1. Reference periods. Annual and monthly basis for 2024; series for 2019–2024. Individual profiles show their own dates or the absence of a date. Reviewed: 1 October 2026. The year 2024 is not labelled as the latest year published.
  2. Coverage. The IMSEE/DTC statistical scope is retained. A hotel, an accommodation company, a residence and a rental dwelling are not equivalent concepts. The hotel-by-hotel panel has not been reconciled with the Principality’s territorial boundary.
  3. Units. A person-arrival is one recorded stay. Two people staying three nights yield two arrivals, six person-nights and three room-nights. The records do not allow a count of unique visitors.
  4. Occupancy. Accumulated occupied rooms / available rooms are used. For 2024: 555 848 / 903 676 × 100 = 61,5097%, rounded to 61,5%. The calculation does not divide by beds or by an inventory mechanically multiplied by 365.
  5. Average length of stay. Person-nights / person-arrivals. The measure is expressed in nights per arrival; IMSEE’s use of the term “day” does not change the ratio. It is neither a median nor the stay length of a typical guest.
  6. Triangulation. IMSEE and Touriscope agree on the main 2024 flows. They are separate publications, but independent data collection has not been established. The totals for hotels, rooms and beds are also checked arithmetically by category; this internal check does not replace a second source on the inventories.
  7. Statistical versions and inconsistencies. The replacement of the 2021 overnight-stays figure in a later edition is flagged: 565 525 versus 566 536. For 2021 occupancy, one retrospective publishes 41,5%, while the ratio in the annual table rounds to 41,6%. For 2022, 516 474 / 870 066 × 100 gives 59,36%, differing from the 57,4% published in the bulletin. The figures are not forcibly reconciled: these rates are excluded from the main series.
  8. Rounding and residuals. In 2024, monthly figures sum to 895 353 overnight stays, compared with 895 354 published; occupied room-nights sum to 555 849, compared with 555 848. The category breakdown also differs by one room-night. In 2023, the monthly totals differ by one unit for arrivals and overnight stays. The original totals are retained; no undocumented cause is assigned to the residual.
  9. Access to sources. Some IMSEE originals and the DTC directory could not be opened directly. Indexed tables were consulted and, for the 2025 edition, an identified reproduction. Availability of all original links is not certified. The register specifies the consultation method.
  10. Update concerning 2025. The 2026 yearbook has been identified. Public-facing sources do not fully agree on occupancy, year-on-year comparisons and the non-EU share. Candidate values are documented in the file of data not adopted; they are not mixed into the reference series.
  11. Geography. Areas in the profiles are spatial references. Without a dated inventory and validated administrative allocation, room shares by neighbourhood or district are not calculated. The commercial name “Monaco” does not establish that a property lies within Monaco. Capacities from different dates are not added together.
  12. Calculations. All original calculations are explicitly identified and show their operands. Rates of change use (final value / initial value − 1) × 100; the occupancy range is expressed in percentage points. Historical bed counts are not interpreted as a verified physical trend.

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RESEARCH DOCUMENTATION Complete source register

Sources supporting the presentation, dataset and exclusion decisions. The document date is distinguished from the access date. “Undated” means that an exact editorial date has not been verified; it has not been replaced by the search engine’s crawl date. Titles are presented in English translation; links lead to the documents in their original language.

Open the complete register · 31 sources

Access date for all entries: 1 October 2026. Sources with discrepancies are retained so that their exclusion can be audited. Locating an edition is not the same as verifying all its figures.

  1. S01 · IMSEE · Hotels · Directorate of Tourism and Conventions

    Monaco in Figures — 2025 Edition.

    Location: §4.10.1, pp.123–125.
    Reference period: 2023–2024.
    Publication: 2025; presented on 24-06-2025.
    Access note: original inaccessible in this session; tables consulted in an identified reproduction. This does not constitute a second measurement.

    Consulted reproduction.

  2. S02 · Touriscope · Côte d’Azur France Tourisme

    Hotel traffic — Occupancy by area — 2024.

    Location: D002, p.17/17, Monaco panel, all hotels.
    Reference period: 2024.
    Publication: 01-04-2025, printed date.
    Access note: PDF opened; comparison between publications, not evidence of independent collection. The filename contains “prov.”.

  3. S03 · Monaco Économie

    Tourists and cruise passengers in the Principality of Monaco: the post-health-crisis recovery continues in 2024.

    Location: sections on occupancy, arrivals and nationalities.
    Reference period: 2019–2024.
    Publication: no. 135; exact date not identified.
    Access note: web text consulted; secondary source.

  4. S04 · IMSEE · Hotels · DTC

    Monaco in Figures — 2020 Edition.

    Location: §3.12.1, pp.100–101.
    Reference period: 2019.
    Publication: 2020; exact day not verified.
    Access note: indexed tables from the official PDF; direct opening unsuccessful.

  5. S05 · IMSEE · Hotels · DTC

    Monaco in Figures — 2021 Edition.

    Location: §3.12.1; evolution of arrivals and overnight stays, p.104.
    Reference period: 2019–2020.
    Publication: 2021; exact day not verified.
    Access note: indexed text from the official PDF. The date in the URL is not automatically treated as the publication date.

  6. S06 · IMSEE · Hotels · DTC

    Monaco in Figures — 2022 Edition · Chapter 3.

    Location: §3.12.1, hotel capacity and demand.
    Reference period: 2021.
    Publication: 2022; exact day not verified.
    Access note: indexed tables from the official PDF.

  7. S07 · IMSEE · Hotels · DTC

    Monaco in Figures — 2023 Edition · 4. Economy.

    Location: §4.10.1, pp.121–122.
    Reference period: 2021–2022.
    Publication: 2023; exact day not verified.
    Access note: indexed tables from the official PDF.

  8. S08 · IMSEE · Hotels · DTC

    Monaco in Figures — 2024 Edition · 4. Economy.

    Location: §4.10.1, pp.119–121.
    Reference period: 2022–2023.
    Publication: 2024; exact day not verified.
    Access note: indexed tables from the official PDF.

  9. S09 · IMSEE

    Economic Bulletin — Fourth Quarter 2023.

    Location: tourism, annual results table.
    Reference period: 2022–2023.
    Publication: 2024; exact day not verified.
    Access note: indexed table from the official PDF.

  10. S10 · DTC · Monaco Convention Bureau

    Hotels — institutional directory.

    Location: individual profiles of the thirteen listed establishments.
    Reference period: individual dates of each profile not provided.
    Publication or update: undated; includes content concerning 2025.
    Access note: indexed text; direct access unsuccessful. Not equivalent to a 2026 territorial census.

  11. S11 · Accor · Fairmont

    Fairmont Monte Carlo.

    Location: overview, category, rooms and address.
    Reference period: profile accessed on 01-10-2026.
    Publication or update: undated.
    Access note: indexed official profile.

  12. S12 · Accor · Novotel

    Novotel Monte-Carlo.

    Location: hotel overview.
    Reference period: profile accessed on 01-10-2026.
    Publication or update: undated.
    Access note: indexed official profile.

  13. S13 · Columbus Monte-Carlo

    Services.

    Location: overview and services.
    Reference period: profile accessed on 01-10-2026; 2018 renovation.
    Publication or update: undated.
    Access note: indexed official profile.

  14. S14 · Hôtel Miramar

    Hôtel Miramar Monaco.

    Location: establishment overview.
    Reference period: profile accessed on 01-10-2026.
    Publication or update: undated.
    Access note: indexed official profile.

  15. S15 · Monte-Carlo Société des Bains de Mer

    Hôtel Hermitage Monte-Carlo — 2026 Press Kit.

    Location: pp.5 and 18, capacity.
    Reference period: 2026.
    Publication: 2026; day not verified.
    Access note: PDF opened.

  16. S16 · Monte-Carlo Société des Bains de Mer

    Hospitality — Group brands.

    Location: hotels and categories.
    Reference period: profile accessed on 01-10-2026.
    Publication or update: undated.
    Access note: web text consulted.

  17. S17 · Hôtel Métropole Monte-Carlo

    Hotel — Overview and renovation.

    Location: renovation of 45 rooms and suites; Guerlain spa.
    Reference period: 2025; accessed 01-10-2026.
    Publication or update: undated.
    Access note: web text consulted.

  18. S18 · Hôtel Métropole Monte-Carlo

    Press Kit — Hôtel Métropole Monte-Carlo.

    Location: overview and capacity.
    Reference period: press kit hosted in a 2023 archive path; internal date not verified.
    Publication: no verified internal date.
    Access note: indexed official document; historical capacity, not a current census.

  19. S19 · Hilton

    Hilton announces its arrival in Monaco with a Curio Collection by Hilton hotel.

    Location: announcement of the Columbus affiliation.
    Reference period: 2023.
    Publication: 09-11-2023.
    Access note: indexed corporate press release.

  20. S20 · Columbus Monte-Carlo

    History.

    Location: renovation and Curio affiliation in December 2023.
    Reference period: 2018–2023.
    Publication or update: undated.
    Access note: indexed official page.

  21. S21 · Monte-Carlo Société des Bains de Mer

    History.

    Location: 2005, opening of Monte-Carlo Bay.
    Reference period: 2005.
    Publication or update: undated.
    Access note: indexed official chronology.

  22. S22 · Monte-Carlo Société des Bains de Mer

    2019/2020 Universal Registration Document.

    Location: hotel operations, Hôtel de Paris; effects of the health crisis.
    Reference period: 2019/2020 financial year; 2014–2019 renovation.
    Publication: 2020; filed on 08-07-2020.
    Access note: filed corporate document; indexed text.

    Consulted reproduction.

  23. S23 · Monaco Économie

    IMSEE: 2025 economic review.

    Location: tourism section.
    Reference period: 2025.
    Publication: no. 138; day not identified.
    Access note: web text consulted. The 2025 figures were retained as candidates not adopted.

  24. S24 · Monaco Economic Board

    Tourism: Monaco presents itself as an “all-in-one” global destination.

    Location: DTC review, occupancy and hotel performance.
    Reference period: 2025.
    Publication: exact date not identified.
    Access note: web text consulted; discrepancies documented against other publications.

  25. S25 · Monaco Economic Board

    IMSEE reviews an economy in decline in 2025 and explains why it is not too worrying.

    Location: presentation on 23 June; link to the yearbook.
    Reference period: 2025; 2026 edition.
    Publication: 24-06-2026.
    Access note: web text consulted.

  26. S26 · IMSEE

    Monaco in Figures — 2026 Edition.

    Location: tourism section not retrieved.
    Reference period: 2025.
    Publication: presented on 23-06-2026, according to S25.
    Access note: edition identified; original inaccessible during the review. Not used as evidence for any figures.

  27. S27 · IMSEE

    LinkedIn post — Report on accommodation and food services.

    Location: hotel count and business locations.
    Reference period: 2025.
    Publication: 2026; exact date not confirmed.
    Access note: indexed institutional text; full linked report not retrieved. The business population is not automatically equated with the tourism panel.

  28. S28 · Monaco Hebdo

    Monaco’s second-largest employer, the accommodation and food service sector posts €1.1 billion in turnover.

    Location: hotel activity indicators.
    Reference period: 2025.
    Publication: 21-06-2026.
    Access note: indexed article; used to cross-check candidate values for 2025.

  29. S29 · Jean-Christophe Gay · GIS Études touristiques

    Monaco, Principality of.

    Location: hotel accommodation.
    Reference period: 2025.
    Publication or update: exact update date not identified.
    Access note: web text consulted; secondary academic source for cross-checking.

  30. S30 · ALFRED Hotels

    ALFRED HOTELS Monaco Centre.

    Location: address: 16 avenue d’Alsace, 06240 Beausoleil; capacity of 39 rooms.
    Reference period: profile accessed on 01-10-2026.
    Publication or update: undated.
    Access note: web text consulted. Establishment excluded from Monaco’s territorial inventory because it is located in France.

  31. S31 · Monte-Carlo Société des Bains de Mer

    Monte-Carlo Beach — 2025 Press Kit.

    Location: capacity including the villa.
    Reference period: 2025.
    Publication: 2025; day not verified.
    Access note: indexed official document; units not harmonised with the tourism directory.

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Monaco Research Observatory · Nice Monaco
Research edition / Statistical reference year: 2024 · Reviewed: 1 October 2026
Descriptive analysis · Hotel population as defined by the sources.