Country Report

Travel in

Travel in Monaco

17 pages, Aug 2016

US$660

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Mixed performance in travel in 2015

Monaco’s travel industry saw a mixed performance in 2015. On the one hand, cruise arrivals increased in 2015 and leisure tourism rose, helped by the better economic framework in Western Europe. On the other hand, MICE travel contracted in 2015 since businesses remained conscious about their expenses and Monaco faced growing competition from other destinations. The ongoing decline in arrivals from Russia also negatively impacted the industry in 2015.

Monaco unscathed by major trends in online travel

While trends in online travel increasingly impact other destinations, Monaco remains relatively unscathed by these developments due to its focus on luxury travel. Nonetheless, online bookings continue to increase as travellers more and more take care of their own bookings.

Stable competitive environment in lodging

Lodging is characterised by a stable competitive environment, dictated by the confined space of the Principality. The only development of note was the part-closure of the Hotel de Paris in 2015 due to renovation works, resulting in a significant decrease in room capacity for the year. Short-term rentals, meanwhile, fill some of the gap that the absence of other lodging operators causes.

Luxury and exclusivity are focus areas

Monaco’s focus on luxury travel remains strong. In car rental, this takes the form of exclusive luxury car offers, an area that has been entered by air transportation company Héli Air Monaco in response to falling passenger numbers in helicopter travel. The renovated Hotel de Paris, meanwhile, once fully reopened, will feature a pop-up luxury suite that will be redecorated every couple of months by different luxury brands, thus providing guests with ever-new experiences.

Rise in inbound arrivals forecast

The outlook for the travel industry in Monaco is positive, even though there are some risks. Given the Principality’s considerable pricing levels, competition with regards to MICE tourism is anticipated to be strong. At the same time, improved economic conditions in Western Europe and rising inbound arrivals from emerging travel markets are expected to result in positive growth during the forecast period.

Files are delivered directly into your account within a few minutes of purchase.

Samples

Travel Report Sample Travel Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

SAMPLES (FAQS ABOUT SAMPLES):

Delivery:

Files are delivered directly into your account within a few minutes of purchase.

Overview:

Discover the latest market trends and uncover sources of future market growth for the Travel industry in Monaco with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Travel industry in Monaco, our research will save you time and money while empowering you to make informed, profitable decisions.

When you purchase this report, you also get the data and the content from these category reports in Monaco for free:

Car Rental
Health and Wellness Tourism
Tourism Flows Domestic
Tourism Flows Inbound
Tourism Flows Outbound
Tourist Attractions
Transportation
Travel Accommodation
Travel Retail

The Travel in Monaco market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation
Historic volumes and values, company and brand market shares
Five year forecasts (of market share, market trends, market growth)
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Travel in Monaco?
What are the major brands in Monaco?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our

Travel And Tourism market research database.

Each report is delivered with the following components:Report: PDF and Word Market statistics: Excel workbook

Want to find out more about this report?

Request more information

Travel in Monaco

EXECUTIVE SUMMARY

Mixed performance in travel in 2015

Monaco unscathed by major trends in online travel

Stable competitive environment in lodging

Luxury and exclusivity are focus areas

Rise in inbound arrivals forecast

SWOT

Summary 1 Destination Monaco: SWOT

MARKET DATA

Table 1 Other Transport: Value 2010-2015
Table 2 Forecast Other Transport: Value 2015-2020
Table 3 Car Rental Sales: Value 2010-2015
Table 4 Forecast Car Rental Sales: Value 2015-2020
Table 5 Attractions: Value 2010-2015
Table 6 Forecast Attractions: Value 2015-2020

DEFINITIONS

SOURCES

Summary 2 Research Sources

FLOWS

Headlines

Trends

Inbound and domestic
Outbound

Prospects

Category Data

Table 7 Inbound Arrivals: Number of Trips 2010-2015
Table 8 Inbound Arrivals by Country: Number of Trips 2010-2015
Table 9 Inbound Receipts: Value 2010-2015
Table 10 Forecast Inbound Arrivals: Number of Trips 2015-2020
Table 11 Forecast Inbound Arrivals by Country: Number of Trips 2015-2020
Table 12 Forecast Inbound Receipts: Value 2015-2020
Table 13 Outbound Departures: Number of Trips 2010-2015
Table 14 Outbound Departures by Destination: Number of Trips 2010-2015
Table 15 Outbound Expenditure: Value 2010-2015
Table 16 Forecast Outbound Departures: Number of Trips 2015-2020
Table 17 Forecast Outbound Departures by Destination: Number of Trips 2015-2020
Table 18 Forecast Outbound Expenditure: Value 2015-2020

AIRLINES

Headlines

Trends

Prospects

Category Data

Table 19 Airlines Sales: Value 2010-2015
Table 20 Forecast Airlines Sales: Value 2015-2020

LODGING

Headlines

Trends

Prospects

Category Data

Table 21 Lodging Sales: Value 2010-2015
Table 22 Lodging Outlets: Units 2010-2015
Table 23 Forecast Lodging Sales: Value 2015-2020
Table 24 Forecast Lodging Outlets: Units 2015-2020

INTERMEDIARIES

Headlines

Trends

Prospects

Category Data

Table 25 Intermediaries Sales: Value 2010-2015
Table 26 Forecast Intermediaries Sales: Value 2015-2020

Why buy this report?

Want to find out more about this report?

Request more information

Megatrends

Country Report

Travel in Monaco

New Report Guarantee

Executive Summary

New Report Guarantee

Mixed performance in travel in 2015

Monaco unscathed by major trends in online travel

Stable competitive environment in lodging

Luxury and exclusivity are focus areas

Rise in inbound arrivals forecast

Samples

Overview

Why buy this report?

SAMPLES (FAQS ABOUT SAMPLES):

Want to find out more about this report?

Table of Contents

Travel in Monaco

EXECUTIVE SUMMARY

Mixed performance in travel in 2015

Monaco unscathed by major trends in online travel

Stable competitive environment in lodging

Luxury and exclusivity are focus areas

Rise in inbound arrivals forecast

SWOT

MARKET DATA

DEFINITIONS

SOURCES

FLOWS

Headlines

Trends

Prospects

Category Data

AIRLINES

Headlines

Trends

Prospects

Category Data

LODGING

Headlines

Trends

Prospects

Category Data

INTERMEDIARIES

Headlines

Trends

Prospects

Category Data

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Strategy Reports

Company Reports

Recently Viewed

Complete Catalogue

Country Reports

Strategy Reports

Company Reports