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Grand Prix drove Monaco rates to record high, Lady Gaga made Rio's room rates jump

The Formula 1 Grand Prix race pushed Monaco’s hotel industry to its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record. May 2025 (year-over-year % change): Occupancy: 75.2% (+14.4%) ADR: EUR 1

Jun 24, 2025 - 01:30
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Grand Prix drove Monaco rates to record high, Lady Gaga made Rio's room rates jump
The Formula 1 Grand Prix race pushed Monaco’s hotel industry to its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record. May 2025 (year-over-year % change): Occupancy: 75.2% (+14.4%) ADR: EUR 1
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