Monaco Times

Sustainability, Heritage, Exclusivity.
Tuesday, Jun 16, 2026
Monaco Times

Monte-Carlo Société des Bains de Mer Reports Record Luxury Retail and Hospitality Revenues

Monte-Carlo Société des Bains de Mer says quarterly revenue reached a record level as a sustained influx of affluent visitors and new luxury retail openings boosted performance across its hospitality and shopping businesses.
Newsletter
Related Articles

Monte Carlo Luxury Exhibition Draws Strong Demand for Jewellery and Collectible Assets

The Unique Show at Le Méridien Beach Plaza generated substantial transaction volumes as family offices and wealthy collectors acquired rare gemstones, bespoke jewellery and cont...

Monaco Grand Prix Delivers Record Revenue for Yacht Operators and Port Authorities

Economic assessments following the Formula One Monaco Grand Prix show that premium hospitality and yacht services generated record earnings, with prime superyacht berths command...

Prince Albert II Foundation Expands Global Funding for Ocean and Climate Projects

The Prince Albert II of Monaco Foundation has launched its 2026 funding cycle, directing capital toward marine conservation, renewable energy and biodiversity initiatives in the...

Hydrogen-Powered Superyacht Showcases Monaco's Growing Focus on Sustainable Luxury

The award-winning superyacht Breakthrough, equipped with hydrogen fuel-cell propulsion, has become a focal point in Port Hercules and highlights increasing interest in zero-emis...

Monaco Commits Nearly €68 Million to Upgrade French Riviera Rail Services

The government has agreed to fund four additional high-capacity regional trains with SNCF Sud Azur in an effort to ease commuter congestion and improve sustainable transport lin...

Monaco Attracts Rising Numbers of Millionaires and Billionaires Seeking Tax Stability

Wealth intelligence firms report growing applications for residency in Monaco as affluent individuals seek shelter from geopolitical uncertainty and benefit from the principalit...

Global Investment Leaders Gather in Monaco for Monte Carlo Asset Management Summit

Chief executives, private bankers and sovereign wealth investors overseeing trillions of euros are convening at the Grimaldi Forum for the IMpower FundForum, reinforcing Monaco'...

Monaco Real Estate Sets Global Record With $550 Million Residential Sale

Ukrainian billionaire Rinat Akhmetov purchased a multi-storey residence in the Le Renzo complex within Monaco's Mareterra development, marking the most expensive home sale in th...

Monaco Adopts New Anti-Corruption Strategy for Senior Officials and Royal Institutions

The Principality of Monaco has enacted a transparency framework covering 2026 to 2028 that targets senior government officials and the Prince's Palace, meeting Council of Europe...

AS Monaco Basketball Secures Five-Year EuroCup Participation Agreement Beginning in 2026

Euroleague Basketball has granted AS Monaco a guaranteed five-year place in the EuroCup from the 2026 season, strengthening the Principality's international sporting profile and...

Hotel de Paris Monte-Carlo Completes Luxury Suite Renovations for Extended High-Net-Worth Residencies

Hotel de Paris Monte-Carlo has completed renovations of its rooftop suites, adding enhanced privacy and integrated corporate facilities tailored to billionaire guests undertakin...

Princess Charlene Foundation Expands Global Water Safety and Drowning Prevention Programmes

The Princess Charlene of Monaco Foundation has announced a multimillion-euro increase in funding for international drowning prevention and water safety initiatives, expanding ed...
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×