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.

 

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