|
Welcome
to our Hotel Network!
Your non stop hotel reservation guide for Hotels in
Monaco. We
searched multiple suppliers for the best Room Rate available. Often
GDS (Global Distribution System) suppliers have different room rates, due
to the fact that they individually buy blocks of rooms from hotel chains.
Check
first our Last Minute &
Hot Deals where we put a Monthly update of all known LAST MINUTES! of
all Hotel Reservation Suppliers. This to get & let you informed about
all known Discounted deals in Europe!
|
|
Economic development was spurred in the late 19th century with a railroad
linkup to France and the opening of a casino. Since then, the principality's
mild climate, splendid scenery, and gambling facilities have made Monaco
world famous as a tourist and recreation center.
Monaco, situated on the French Mediterranean coast, is a popular resort,
attracting tourists to its casino and pleasant climate. In 2001, a major new
construction project will extend the pier used by cruise ships in the main
harbor. The Principality has successfully sought to diversify into services
and small, high-value-added, nonpolluting industries. The state has no
income tax and low business taxes and thrives as a tax haven both for
individuals who have established residence and for foreign companies that
have set up businesses and offices. The state retains monopolies in a number
of sectors, including tobacco, the telephone network, and the postal
service. Living standards are high, roughly comparable to those in
prosperous French metropolitan areas. Monaco does not publish national
income figures; the estimates below are extremely rough.
|
