With many regions of the world experiencing downturns in tourism, this isn't exactly the case in magnificent Monaco.
This beautiful principality by the sea continues to resonate with significant activity. Monaco's stately history and modern initiatives still make it a prime destination of choice for holidaymakers.
Monaco, known for its jet-set lifestyle, has a measured approach to the turmoil in the world economy. While not immune to what's going on, the principality is certainly resilient.
In fact, Monaco saw an increase in attendance this year for the Monte Carlo Rolex Masters tennis tournament. This increase in attendance comes when many sporting venues globally are experiencing drops in attendance.
Monaco's measured approach is in the form of businesses offering additional amenities to traditional products and services.
The worst thing Monaco could do is appear as "Monaco on Sale." No big price reductions are happening in Monaco. This would take away from the unique character of the region. It would be akin to a French Riviera restaurant of exquisite cuisine offering fast food in a carton to go.
Monaco still means tourists paying significant euros to enjoy splendor. It still has its culture of affluence and aura of extravagance. While many tourist regions are seeing fewer middle-class holidaymakers, Monaco still has the rich, and even the somewhat well to do whom they can count on.
This doesn't mean they're taking things for granted though. To
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Reviews and quotes for Monaco hotels can be found by visiting monacoproperty.net/hotels including those for the Monaco Grand Prix
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