{"id":35647,"date":"2020-08-26T17:18:43","date_gmt":"2020-08-26T15:18:43","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2020\/08\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\/"},"modified":"2021-04-07T13:26:53","modified_gmt":"2021-04-07T11:26:53","slug":"im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2020\/08\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\/","title":{"rendered":"&#8220;I\u2019m really scared&#8221;: Monaco businesses struggle to pick themselves up after lockdown"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>The pandemic has turned the worldwide tourism industry upside down and Monaco is no exception. Despite generous financial aid from the Prince&#8217;s government, local businesses are grappling with a tough tourist season and an uncertain future. <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you ask Monaco\u2019s shopkeepers and restaurant owners about this year\u2019s tourist season, one word is on everyone\u2019s lips: apprehension. \u201cMay and June were an outright disaster. You could count the number of tourists on the streets!\u201d explains Alexandra Rinaldi, owner of \u201cLes 5 Saveurs\u201d, a boutique in the old town that specialises in products from the nearby French region of Provence. \u201cWe only really started working on July 20th. So that\u2019s about a month of work since the beginning of the year,\u201d says the Monegasque shopkeeper who hopes that business will take a turn for the better in September and October. On a good day, she\u2019ll have about fifty clients. \u201cCompared to last year, the numbers fell by half,\u201d she adds.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>We\u2019ve had to adapt. The customers are not the same<\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Open-air entertainment to attract tourists <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI\u2019ve never spoken so much French as I did this summer,\u201d remarks the manager of \u201cU Cavagnetu\u201d, a restaurant in the old town. \u201cWe\u2019ve had to adapt. The customers are not the same as those of previous years. It was very hard when we first opened again, and very weird,\u201d he comments. After losing its regular lunchtime clients to remote working, the restaurant now has to grapple with <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/08\/guy-antognelli-monaco-tourism-tourists-are-coming-back-clouds-of-uncertainty-over-business-travellers\/\">the absence of Russians, Americans and Asian tourists<\/a>. These high-spending visitors have been mostly replaced by French tourists, who are spending less money. Despite high visitor numbers in August, the restaurant continues to operate on reduced staff numbers. \u201cWe\u2019ve cut two waiters and two kitchen staff members,\u201d explains the restaurant manager.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To pick the economy up, businesses came up with \u201cLes Jeudis du Rochers\u201d. Every Thursday, the old town welcomes musicians from 6 pm to 9 pm, for an evening of open-air entertainment that shop owners hoped would bring both tourists and locals back to the winding streets of the old town. \u201cIt worked well the first two or three Thursdays. Since then, it\u2019s been a bit quieter,\u201d explains Alexandra Rinaldi. \u201cResidents are usually on holidays this time of year, and tourists tend to leave by 6 pm,\u201d adds the shop owner.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>I\u2019ve been working for 53 years and I\u2019ve never seen anything like this<\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Monaco\u2019s top events cancelled<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI\u2019ve been working for 53 years and I\u2019ve never seen anything like this,\u201d admits Alain Latore, manager of \u201cCapucine\u2019s\u201d, a shoe shop in the Condamine, the neighbourhood next to Monaco\u2019s Port Hercules. It\u2019s the same story all over again: \u201cAlready with remote working we saw a drop in customers. In May, we lost about 10 to 12% and without tourists the losses have just risen ever since,\u201d he explains. During the month of August, \u201cCapucine\u2019s\u201d saw a 30% revenue loss compared to the previous year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The borders closed, then travel restrictions came into place. Now the cruise-ship industry is on halt and both <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/03\/monaco-f1-grand-prix-cancelled-for-the-first-time-since-1954\/\">Monaco\u2019s Grand Prix<\/a> and the <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/06\/monaco-yacht-show-postponed-to-september-2021\/\">Yacht Show<\/a> have been cancelled. All of these developments have drastically affected the arrival of foreign visitors to Monaco. \u201cIn August, usually about 70% of our customers are foreigners. This year we\u2019ve had a lot more French tourists, but fewer Germans, Italians and Brits, who went back home once the quarantine requirement was announced,\u201d explains Alain Latore.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A harsh winter ahead<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Shop keepers can\u2019t hide their anxiety when the coming months are mentioned. \u201cI haven\u2019t got much hope for the future,\u201d admits Alexandra Rinaldi, who opened her shop in March 2019. \u201cWe\u2019re all incredibly worried about the winter, which is bound to be very long,\u201d she says. The manager of \u201cU Cavagnetu\u201d echoes her words: \u201cI\u2019m really scared because we\u2019re in a tourist hotspot, and while we do have our regular clients, we also count a lot on tourists,\u201d he admits. It\u2019s a very similar story at \u201cCapucine\u2019s : \u201cI\u2019m a little pessimistic. I\u2019m fear there won\u2019t be any tourism after the summer months,\u201d explains Alain Latore.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>We\u2019ve had the most generous help in the world!<\/p><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Despite very real concerns about the future, businesses express their gratitude for the <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/07\/monaco-presents-its-economic-recovery-plan\/\">financial help<\/a> which the Prince\u2019s government has offered them. Unemployment has been <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/08\/what-are-the-rules-for-face-masks-in-monaco\/\">extended<\/a>, there are social security contributions in place and the government has set up a council for economic recovery (Commission d\u2019Accompagnement de la Relance \u00c9conomique, CARE). \u201cI\u2019m very satisfied and can never thank the Government, and especially Prince Albert II, enough for what they have done. We\u2019ve had the most generous help in the world!\u201d insists Alexandra Rinaldi. We can only hope that such extensive financial aid will be enough to prevent permanent closures<em>, <\/em>a fear which has been at the back of everybody\u2019s mind.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pandemic has turned the worldwide tourism industry upside down and Monaco is no exception. Despite generous financial aid from [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":35623,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1825,243,258],"tags":[2888],"post_sectags":[],"post_format":[2459],"class_list":["post-35647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-choice","category-news","category-public-life","tag-covid-19-en","format-reportage-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>&quot;I\u2019m really scared&quot;: Monaco businesses struggle to pick themselves up after lockdown<\/title>\n<meta name=\"description\" content=\"The pandemic has turned the worldwide tourism industry upside down and Monaco is no exception. 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Despite generous financial aid from the Prince&#039;s\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.monaco-tribune.com\/en\/2020\/08\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\/\" \/>\n<meta property=\"og:site_name\" content=\"Monaco Tribune\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MonacoTribune\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-26T15:18:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-07T11:26:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.monaco-tribune.com\/wp-content\/uploads\/2020\/08\/monaco-tourisme.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lola Senoble\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@MonacoTribune\" \/>\n<meta name=\"twitter:site\" content=\"@MonacoTribune\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/\"},\"author\":{\"name\":\"Lola Senoble\",\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/#\\\/schema\\\/person\\\/10603f39d06463e013e339670c36bea3\"},\"headline\":\"&#8220;I\u2019m really scared&#8221;: Monaco businesses struggle to pick themselves up after lockdown\",\"datePublished\":\"2020-08-26T15:18:43+00:00\",\"dateModified\":\"2021-04-07T11:26:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/\"},\"wordCount\":833,\"publisher\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.monaco-tribune.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/monaco-tourisme.jpeg\",\"keywords\":[\"Covid-19\"],\"articleSection\":[\"Editor&#039;s choice\",\"News\",\"Society\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/\",\"url\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/\",\"name\":\"\\\"I\u2019m really scared\\\": Monaco businesses struggle to pick themselves up after lockdown\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.monaco-tribune.com\\\/en\\\/2020\\\/08\\\/im-really-scared-monaco-businesses-struggle-to-pick-themselves-up-after-lockdown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.monaco-tribune.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/monaco-tourisme.jpeg\",\"datePublished\":\"2020-08-26T15:18:43+00:00\",\"dateModified\":\"2021-04-07T11:26:53+00:00\",\"description\":\"The pandemic has turned the worldwide tourism industry upside down and Monaco is no exception. 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