Gouvernement Princier de Monaco

Focus : Accommodation and food service activities 2020

Couverture Focus Hébergement et restauration 2020

Accommodation and food service activities were hit hard by the COVID-19 pandemic. Numerous measures, including partial opening of restaurants, the closure of bars and restrictions on global travel all had a negative impact on this major economic sector (MES) in 2020. The sector received the highest levels of state support. Revenue almost halved (-48%) compared with the previous year (a decline of more than €387 million). The sector includes 298 businesses, of which 283 are engaged in food service activities. There are 169 employers, employing 7,215 employees. The majority of employees (76.1%) work in hotels.

 

For further information download Focus: Accommodation and food service activities 2020.

Focus : Digital economy in Monaco 2023

17 April 2024

In 2023, Monaco counts 1,031 establishments in the digital economy, compared with 988 in 2022 (+4.4%). In ten years, the number of digital business... Read more[+]

GDP 2023 survey

15 April 2024

The Principality is currently calculating its Gross Domestic Product (GDP) for 2023 through a survey conducted by the Monegasque Institute of Stati... Read more[+]

http://www.monacostatistics.mc/News/Focus-Accommodation-and-food-service-activities-2020