Monaco Tourism Statistics

Monaco is a glamorous city-state on the French Riviera, famous for its luxury casinos, Grand Prix, and stunning Mediterranean coastline. It is the world’s second-smallest country, known for its wealth and royal heritage.

Monaco receives between 300,000 and 400,000 overnight visitors annually, along with an estimated 7 million day visitors.

• Monaco welcomed 348,258 foreign tourists in 2024, a 2.1% increase from the previous year.
• Monaco had approximately 363,000 visitors in 2019, representing a record pre-pandemic year.
• The number dropped to 172,037 due to COVID-19 restrictions in 2020, a 52.6% decrease compared to 2019.
• Monaco received 220,052 visitors in 2021.
• The number rose by 31.9% to 290,180 overnight visitors in 2022.
• The number of overnight visitors increased further to 341,248 in 2023, marking a 17.6% increase from the previous year.

Visitor spending in Monaco is among the highest globally, reflecting its luxury market positioning.

• Monaco generated €809 million in visitor spending through hotels and restaurants in 2019.
• Visitor spending reached €868 million in 2022.
• Total visitor spending increased to nearly €1 billion in 2023, representing a 14.8% rise from the previous year.
• In 2024, visitor spending through hotels and restaurants climbed further to approximately €1.1 billion.

How much does it cost to visit Monaco?

Monaco is one of the most expensive destinations in Europe.

• Visitors typically spend between €250 and €600 per day on meals, transport, and entertainment.
• The average hotel rate in 2023 was €474 per night.
• Costs increase during major events such as the Monaco Grand Prix.

France is the largest source of visitors to Monaco, followed by Italy, the United States, the United Kingdom, and Germany. According to 2024 hotel sector arrival data, the top visitor nationalities were:

• France (excluding Monaco): 84,968 arrivals.
• Italy: 43,355 arrivals.
• United States: 38,949 arrivals.
• United Kingdom: 32,544 arrivals.
• Germany: 13,928 arrivals.

• In a competition run by European Best Destinations (a tourism organization partnered with the EU), Monaco was voted the #1 European destination for 2025.
• Monaco has one of the highest tourist-to-resident ratios in the world, with around 9 tourists per resident annually.

• Before the pandemic, Monaco received 182,436 cruise passengers across 165 ship calls.
• Cruise operations were suspended in 2020, due to the pandemic.
• In 2022, there were 109 ship calls and 54,500 cruise passengers.
• The number of passengers rose to 71,695 on 109 ship calls in 2023.
• The number further increased to 76,320 on 114 ship calls.

• Monaco’s hotels recorded 903,676 total room nights in 2024 and an average length of stay of 2.6 days.
• Hotel occupancy was 61.5% in 2024, up from 58% in 2023 but below the 66% recorded in 2019.
• Monaco has around 13 rated hotels, mostly in the 4-star and 5-star categories.
• Major events such as the Monaco Grand Prix, Yacht Show, and cultural festivals increase visitor volumes.
• Monaco maintains strict limits on cruise ship capacity to manage crowding and preserve quality.
• Public transport in Monaco supports tourism with approximately 7 million passenger trips per year.