Every summer along the French Riviera, the conversations are almost always the same with the locals.
“Does it feel busier this year?”
“Have you noticed more Americans?”
“Is business better than last summer?”
“Are there more yachts than ever?”
For
those of us who live and work here, tourism isn’t just something we
observe—it’s something that shapes everyday life. Restaurants fill up,
beaches become busier, luxury hotels sell out, and the streets of Monaco
transform into a fascinating mix of holidaymakers, business travellers,
yacht owners and day-trippers.
Now the numbers are in, and they confirm what many suspected: Monaco enjoyed another exceptional year.
According to the Monegasque Institute of Statistics and Economic Studies (IMSEE), the Principality generated €1.1 billion in accommodation and food service revenue during 2025, an increase of 6.3% over 2024.
Even more impressive is that this growth came during a year when
overall revenue across Monaco’s wider economy declined by 7.6%,
highlighting just how resilient tourism has become.
The figures reinforce Monaco’s position as one of the most successful luxury tourism destinations anywhere in the world.
IMSEE’s annual visitor survey—compiled from almost 6,900 questionnaires collected at Monaco’s main tourist attractions—painted an impressive picture of visitor activity throughout the year.
During 2025, Monaco welcomed approximately 6.7 million visits.
Visitors spent an estimated 9.3 million days in the Principality, with tourists accounting for roughly 1.4 million overnight stays.
Day visitors typically remained in Monaco for around 1.2 days, while overnight guests stayed an average of 3.8 days.
Although
Monaco occupies barely two square kilometres, it continues to attract
visitor numbers that many much larger destinations would envy.
Hotels remained by far the preferred accommodation choice, accounting for more than 71% of all overnight stays.
That comes as little surprise.
Monaco
has spent decades building one of the world’s strongest luxury
hospitality brands. Legendary properties such as Hôtel de Paris
Monte-Carlo, Hôtel Hermitage Monte-Carlo and Monte-Carlo Bay Hotel &
Resort continue to attract discerning travellers seeking world-class
service, Michelin-starred dining, wellness experiences, casinos and
exclusive shopping—all within walking distance.
Almost 48% of all visits came from residents of neighbouring France, largely because Monaco is so easily accessible by train or car for a day trip.
Yet when it comes to overnight tourism, international markets dominate.
Visitors from outside the European Union represented approximately 42% of overnight stays, demonstrating Monaco’s global appeal to affluent travellers from North America, the Middle East, Asia and beyond.
This
international mix has become one of Monaco’s greatest strengths. Rather
than relying heavily on a single market, the Principality attracts
visitors from virtually every corner of the globe.
Monaco continues to appeal primarily as a destination for couples.
Couples represented 37% of all visitor groups, followed by families at 32.7%.
Leisure remained the overwhelming motivation, with almost 95% of visits
being holiday-related. Business travel, however, still played a
significant role, accounting for nearly one-quarter of overnight tourist
stays.
Events such as the Monaco Grand Prix, the
Monaco Yacht Show, international conferences and corporate meetings
continue to ensure Monaco enjoys a healthy balance between leisure and
business tourism throughout the year.
One statistic stood out more than any other.
Visitors from the Middle East recorded the highest daily spending, averaging more than €1,000 per person, per day while staying in Monaco.
Overall, direct visitor expenditure reached an estimated €1.4 billion during 2025.
Perhaps the most remarkable figure is this:
Although overnight tourists represented only 7.5% of all visits, they generated more than 61% of all tourism spending.
It’s
a reminder that Monaco has never been about attracting the highest
number of visitors—it has always focused on attracting visitors who
contribute significantly to the local economy.
Personally, the atmosphere today feels very different from the period immediately after COVID-19 restrictions were lifted.
Back
then, it often seemed as though the entire world had decided to return
to the Riviera at once. Airports were overflowing, roads were congested,
reservations were difficult to secure and many visitors appeared to
arrive without much planning.
In contrast, to me, the past two summers have felt noticeably more balanced.
Yes,
the region continues to break tourism records, but the crowds seem
better distributed throughout the season. Visitors appear more informed,
reservations are made earlier, and travel patterns have become more
predictable.
Perhaps it’s because tourism
professionals have adapted. Perhaps travellers themselves have become
more experienced. Or perhaps the Riviera has simply found its rhythm
again after the disruption of the pandemic years.
With
continued investment in luxury hospitality, major international events,
world-class restaurants, cultural attractions and improved transport
links—including the growing popularity of direct flights from North
America to nearby Nice Côte d’Azur Airport—there is every indication
Monaco’s tourism momentum will continue.
The
Principality remains one of the safest, cleanest and most prestigious
destinations in Europe, and demand for premium experiences shows little
sign of slowing.
If 2025 demonstrated anything, it’s
that Monaco’s appeal extends far beyond its famous casino, glamorous
harbour and Formula One weekend. It has become a year-round luxury
destination that continues to attract visitors from around the globe
while generating extraordinary economic value for one of the world’s
smallest nations.
Now the question is whether 2026 will set yet another record.