Is Monte Carlo in Monaco still the pinnacle of luxury?

The small principality of Monaco, on the French Riviera, has long been known as the “luxury capital of the world”, associated with the greatest opulence and, thanks to the absence of income tax, a paradise for millionaires and billionaires looking to live somewhere where they can fully enjoy their financial fortune.

Covering barely half the area of ​​New York’s Central Park, Monaco is the richest country in the world per capita. Its capital, Monte Carlo, hosts one of the most iconic Formula 1 races of the season, and the destination draws crowds of wealthy yachtsmen to its port every summer in search of fine wines, decadent culinary experiences and sumptuous casinos. And, with some of Europe’s finest luxury hotels and a seemingly endless stream of designer boutiques lining its streets, you don’t have to wander far to see examples of opulence, with expensive supercars seemingly passing by. every few minutes. And at the palace, you might even spot royalty, with the Prince of Monaco still residing there, as has the principality’s family since 1257.

There’s no denying that when it comes to the world’s top luxury destinations, Monte Carlo and Monaco in general have had a lot of success in recent years, with Macau eclipsing the tiny nation when it comes to casino turnovers and Dubai attracts the rich of the world with its opulent malls and impressive hotel and restaurant scene.

With a rich history behind it, few destinations have ever achieved the same level of luxury status as Monte Carlo – but is it still the example of opulence it once was?

A new injection of glamor for historic casinos

One of Monte Carlo’s biggest draws for wealthy tourists has always been its historic casinos, which are among the few that still retain a traditional sense of glamor and opulence. Image credit: Katatonia82/

One of Monte Carlo’s biggest draws for wealthy tourists has always been its historic casinos, which are among the few that still retain a traditional sense of glamor and opulence. But even they have benefited from some improvement in recent years to ensure they meet the demands of the world’s rich and continue to appeal despite the huge amount of options now available across Europe and beyond. . As a result, high rollers continue to flock to the gates of the Casino de Monte-Carlo, the Opéra de Monte-Carlo and the Hotel de Paris Monte-Carlo, all of which border the city’s magnificent Casino Square, which itself has undergone a recent 2.5 million euro renovation. The Belle Époque architecture it is known for has been polished to perfection, while the addition of new palm trees, a water fountain and a stunning mural by artist Anish Kapoor breathed new life into life in this emblematic part of the city.

When it comes to casino gamesMonte Carlo’s most famous establishments continue to offer traditional favorites like roulette, blackjack and poker, but they’ve also expanded their repertoire to include a host of modern alternatives and plenty of slot machines, making means affluent gamers never had a reason to look elsewhere.

Luxury hotels reinvented

Monte Carlo is home to historic luxury hotels that continue to serve the same level of opulence they have always had. Image credit: Luziana55/

Monte Carlo is home to historic luxury hotels that continue to serve up the same level of opulence they always have – and some have been recently refurbished in recent years to ensure they don’t fall a single step behind and stay fresh. ‘they are able to maintain their stellar and highly coveted reputations. The Hotel Metropole just transformed this year, with French interior designer Jacques Garcia spearheading a project that has seen a redesign of all rooms, the addition of lavish new suites and a complete overhaul of the restaurant and lobby. bar. Meanwhile at the legendary Hotel in Paristhings also look refreshed, with a spectacular new garden courtyard and relaxing rooftop wellness center, as well as new luxury suites, all recently added.

Monte Carlo may be steeped in rich history and known for being home to Monaco’s own royal family, but what makes it relevant – and opulent – is that it never rests on its laurels when it comes to life. is about staying ahead, and its five-star hotels continue to be among the most sought-after in the world. And of course, the consistently impeccable service that makes customers feel like a million bucks certainly helps.

A glamorous food and drink scene

Exterior of the Hotel de Paris
The Hôtel de Paris Monte Carlo is home to the Louis XV, three Michelin stars. Image credit: Luziana55/

Monte Carlo has a long standing reputation as one of the most glamorous destinations in the world to drink and eat, and that’s something else that hasn’t changed. Millionaires and billionaires continue to be spotted sipping Cristal in its bars and clubs, while those with a taste for fine dining can dine leisurely at the three-Michelin-starred Louis XV, run by famed Monegasque chef Alain DuCasse. Elsa – the only Michelin-starred restaurant in the world serving cuisine using 100% organic ingredients, is another favorite and another example of how Monte Carlo continues to evolve with the times.

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