The Best Hotels for the Monaco Grand Prix 2024

Balling on whatever budget in the second smallest country in the world.
The Best Hotels for the Monaco Grand Prix 2024


The Daily Navigator strives to help you make the best personal finance decisions. While we produce content according with strict editorial integrity this post may contain references to partner products. Here’s a full explanation for how our team makes money.

Think Monaco, and you’re not going to think budget destination. Think Monaco Grand Prix 2024, and you may feel your wallet squirming in your pocket. 

No, Monaco is rarely cheap. But that doesn’t mean travelers of any budget can’t enjoy it. If you know where to look, some hotels offer a gateway to opulence for a fraction of the price. And you’re in luck: we know where they are.

For everyone else, feel free to explore our high-end recommendations, from Parisian-styled icons to waterside luxury digs. These are the best hotels for the Monaco Grand Prix 2024…and beyond.

The best budget hotels for the Monaco Grand Prix 2024

Hotel Capitole

The Best Hotels for the Monaco Grand Prix 2024
Photo: Tripadvisor

Location: Beausoleill, France
Price: $124+
Vibe: Sneaky location, sneakier price
The rundown: So we’re technically breaking the rules with this one…but if you’re on a budget, you’ll be glad we did. This hotel isn’t in Monaco. It’s across the street in France. And that means that despite its close proximity to everything in Monaco, the price is considerably cheaper.

Temper your expectations: this is a simple hotel. You won’t be lounging by a rooftop pool or enjoying high-end room service. What makes this one of the best hotels for the Monaco Grand Prix 2024 is the price. If you’re lucky, you might get a little sea view, though.

Hotel de France

The Best Hotels for the Monaco Grand Prix 2024
Photo: Tripadvisor

Location: Monaco
Price: $150+
Vibe: Low-spec, top spot
The rundown: Despite the name, this hotel is actually located on the Monaco side of the border as opposed to our previous entry. Again, at this price point, there has to be some compromise, and that comes in the form of a slightly less convenient location and a simple hotel.

Let’s face it: there are two types of people at the Monaco Grand Prix 2024: true Formula 1 fans, and everyone else there for the fancy parties. Gear heads will be more than happy to skimp on the accommodation, especially when the bulk of their time will be spent down at the race track.

The best mid-range hotels for the Monaco Grand Prix 2024

Fairmont Monte Carlo

The Best Hotels for the Monaco Grand Prix 2024
Photo: Tripadvisor

Location: Monte Carlo, Monaco
Price: $293+
Vibe: Waterside luxury
The rundown: This is more like it. This is the Monaco you’re looking for—even without the eyewatering rates. Sitting at the water’s edge, the Fairmont has invested in luxury in all the right places. Nothing is over the top, gifting it with an effortless atmosphere of quality—the best kind of four-star hotel.

Better yet, it’s got a prime view of the Monaco Grand Prix 2024 track, so even the race lovers will be happy. Then, once all is said and done, you can retreat back to the spectacular waterside. Don’t forget the on-site Nobu restaurant, rooftop pool, and Horizon bar.

Monte Carlo Bay Hotel and Resort

The Best Hotels for the Monaco Grand Prix 2024
Photo: Tripadvisor

Location: Monte Carlo, Monaco
Price: $350+
Vibe: Island life on luxury steroids
The rundown: The Monte Carlo Bay Hotel and Resort is a getaway within itself. Impeccably designed to be a beacon of relaxation and respite, even the glitzy chaos of the Monaco Grand Prix 2024 won’t detract from its vibe.

Taking a firm step into the future, the resort’s private little peninsula is a stunner. You might forget on occasion whether you’re in Monaco or the Bahamas, but that’s all part of its unique draw. The self-enclosed site flows freely from indoors to outdoors, a far cry from the older and more traditional luxury hotels in the area. 

The best high-end hotels for the Monaco Grand Prix 2024

Hotel Metropole

The Best Hotels for the Monaco Grand Prix 2024
Photo: Tripadvisor

Location: Monte Carlo, Monaco
Price: $600+
Vibe: Legendary luxury
The rundown: Searching for a piece of Paris in Monaco? Look no further than the Hotel Metropole. This place is unbelievable. Designed with passion down to the minute details by Jacques Garcia, this is a place to live it large.

Michelin-starred restaurants, Givenchy-styled spas, Lagerfeld-inspired eateries, staggering rooftop spaces, and beautiful communal areas all combine for a truly special hotel. To top it off, you’re steps from the main spots, including the iconic casino. 

Hotel de Paris

The Best Hotels for the Monaco Grand Prix 2024
Photo: Tripadvisor

Location: Monte Carlo, Monaco
Price: $960+
Vibe: First-class for forever
The rundown: Another timeless property nestled in the middle of the action. But like all the great hotels, it’s built a world of its own for all its guests to escape from the bustling streets outside. Paris lends more inspiration to its architecture, while guestrooms are refreshingly modern, boasting sea views and balconies.

Of course, its rooftop pool is a slice of heaven, and it’s within striking distance of everything worth doing and seeing in Monaco. If you’re in town for the Monaco Grand Prix 2024, you’ll struggle to find somewhere as amazing as this.

Editorial Disclaimer: Opinions expressed here are the author’s alone. This post contains references to products from one or more of our partners and we may receive compensation when you click on links to those products.

Stay in the know

Get expert insight into credit cards, loyalty programs, financial tips, and more delivered right to your inbox.

Related Stories

Smart Points Logo

Stay in the know with
Smart Points Newsletter

Get expert insight into travel credit cards, loyalty programs, points tips, and more. Recent edition →

Get expert insight into travel credit cards, loyalty programs, points tips, and more. Recent edition →

Advertiser Disclosure

This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. The relationship may impact how an offer is being presented. Our site doesn’t include all the offers available. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

DFC Partner Perks App Link Image
Special Discounts for Our Members

Save Big with Perks

Get $5,000+ in immediate travel savings with Perks. Unlock next level travel benefits, for life. Get discounts from the world’s best travel brands you won’t find anywhere else. No credit required.

DFC Concierge App Link Image
Special Discount for Our Members

93% off lifetime access

Save $1,200 and 10 hours of your time on every vacation. With Lifetime access to DFC Concierge, get fully customized trip itineraries to make every vacation unforgettable.

Dollar Flight Club App Link Image
Special Discount for Our Members

50% Off PREMIUM

You can save up to $500 on your next adventure without lifting a finger get email alerts when we find flights up to 90% off leaving your home airport. Just let us know your departure airport and we’ll do the rest.

The Daily Navigator Commitment

The Daily Navigator is an integral part of the larger DFC Media family. Through each of our brands, we’re dedicated to helping our readers travel, spend, and live smarter.

With products dedicated to affordable travel, educational content, and personal finance, we deliver the day’s essential content with none of the filler — all in a way that’s fast, easy, and fun to read. Every day million of audience members trust us to deliver educational content so that they can make informed decisions faster. We hope you’ll join them.

We’re happy to have you here!