by Lisa A. Grimaldi | May 01, 2013

Tiny Monaco, smaller than Central Park and nestled between France and Italy, is a major player in the international meeting and incentive markets.

In addition to offering more than 2,500 hotel rooms and dozens of singular venues, the destination's representatives and suppliers offer a number of incentives and packages to attract groups to their Mediterranean shore.

The Monaco Government Tourist Office, for example, has launched an initiative specifically geared for U.S. incentive planners. Among the perks are assistance arranging a site inspection for up to four people, including a one-way helicopter transfer between Nice Airport and Monaco, and one complimentary off-site dinner or lunch and a complimentary one-hour cocktail reception for participants. Details are available at

The principality's first-class and deluxe properties offer U.S.-dollar guaranteed packages for meetings and incentives, valid through 2014 and starting at US$745 per person for four nights. For details, see

Venue updateThe 133-room Hotel Metropole Monte-Carlo unveiled Odyssey, a new outdoor space created by celebrated fashion designer Karl Lagerfeld, last month. The space features a heated seawater pool and is adorned by a 60-foot mural composed of 18 glass panels. Private events for groups of up to 60 people are accommodated on the sundeck.

Lagerfeld also redesigned the hotel's two meeting rooms, which offer a total of 4,046 square feet of meeting space.

Coming next month is the Odyssey restaurant, chef Joel Robuchon's third eatery within the hotel, along with his eponymous restaurant and Yoshi.

Groups now can use the Marché Condamine, the principality's colorful indoor and outdoor farmer's market in the Condamine district, for private events. Planners can customize the market with signage and decoration; musicians can be brought in, and food stations can be set up to include local dishes such as socca (thin, chickpea-based pancakes), pissaladiere (a pizza-like dish) and barbagiuans (ravioli-like pastries), along with fare from France and Italy.

The market's indoor space can host groups of up to 350 for receptions and 220 for dinners. During warmer months, dinners for up to 150 can be held outdoors, while receptions for up to 1,500 can be arranged.