Kids in Monaco Launch World Athletics’ Global Relay and other Monaco news

Last week was rich in athletic events. So let's take a look at what was going on and discussed in Monaco these days.

Kids in Monaco Launch World Athletics’ Global Relay to Circle the World

What happens when you combine a love for running, half a million energetic kids, and a goal to circle the globe with nothing but relay batons and big dreams? You get the Relay Around the World Challenge—World Athletics’ most ambitious Kids’ Athletics activation yet.

Launched with flair in Monaco on April 6th, this massive global event kicked off with a symbolic first baton handoff from Prince Albert II of Monaco, setting the stage for a month-long relay celebration across continents. The timing couldn’t be more fitting—it landed on the International Day of Sport for Development and Peace, spotlighting how athletics continues to bring the world together, one stride at a time.

A Unique Insight into Monaco’s Real Estate Surge: An Interview with Alessandro Ponzi, Owner of Panorama Properties Monaco

Alessandro Ponzi, Owner of Panorama Properties Monaco
@Panorama Properties Monaco

Monaco’s real estate market has reached unprecedented heights, with 2024 emerging as a year of exceptional records. According to the latest data from the Monegasque Institute of Statistics and Economic Studies (IMSEE), the total value of real estate sales more than tripled compared to the previous year, reaching a staggering €3.7 billion—an all-time high since the institute began tracking the market in 2006. This surge, driven by both an increase in sales volume and the premium value of high-end properties, marks an extraordinary year for the Principality’s real estate sector.

The 2024 market figures stand out as record-breaking in many ways. Sales of new developments soared to 101 transactions—up from just 28 in 2023—making it the highest transaction volume ever recorded. Monaco’s land extension projects, particularly the highly anticipated Mareterra development, played a crucial role, delivering 159 new apartments, with half of them selling for over €22 million. The average price of a new property stood at €36.4 million, and seven properties surpassed the €100 million threshold.

HelloMonaco recommends: Top Events to visit in Spring and Summer 2025

Monaco view
© HelloMonaco

Monaco is not only a symbol of luxury and elegance but also a place where some of the world’s most dazzling and significant events take place each year. This spring, the Principality will once again become the epicentre of unique gatherings, attracting not only locals but also visitors from around the globe. From prestigious automobile exhibitions and exclusive cultural events to high-profile sports competitions and international racing, these months promise to be truly unforgettable. The Hello Monaco editorial team brings you the most anticipated and spectacular events that will make spring in Monaco truly special.

Hospitality Meets Horsepower: Who is the New Manager Revving Up at Monaco’s Fairmont Hotel?

Monaco Grand Prix
The Fairmont Hairpin, the slowest corner in Formula One © ACM / Julien Perez Alonso

The Fairmont Monte Carlo, in the heart of Monaco, is ushering in a new era as it celebrates its 50th anniversary. The hotel has recently appointed César Alcobendas as its new Hotel Manager, a move that promises to elevate the guest experience to new heights.

Alcobendas brings a wealth of international expertise to the Fairmont Monte Carlo. His career spans key positions across Switzerland, the United Kingdom, France, and Spain. Notably, he also served as Hotel Manager at the InterContinental Edinburgh The George in Scotland. With a background that includes training at the Concorde Hotel and the Hôtel du Louvre in Paris, Alcobendas is well-equipped to oversee the hotel’s extensive operations, which encompass almost 600 rooms and suites, four restaurants, a spa, two swimming pools, a fitness centre, and 5,000 m² of event space. His mission is clear: to ensure exceptional service for every guest.

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