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Economy

A high-performance economy that ranks 2nd in Europe and 5th internationally, powerful industrial sectors in emerging markets, recognised excellence in the fields of engineering, research and innovation, a productiveworkforce, high-quality infrastructure, established institutions and competitive cost structures: combined, these characteristics have made France the 2nd most attractive country in Europe for foreign investors in 2012, just behind the United Kingdom and ahead of Germany. France was ranked 6th in the world, with 59 billion dollars of inward investment in 2012.

Economy1The French Riviera, as a tourist destination, actually extends over three territories: the French departments of the Alpes-Maritimes and the Var, and the Principality of Monaco. It is the “Great French Riviera”, 1st tourist destination in France after Paris, with 20 million tourists generating over 130 million overnight stays, as well as over 1.2 million cruise passengers.

The Great French Riviera constitutes the 1st French tourist destination, in front of the city of Paris, for domestic clientele with 3.8% of total trips and 5.5% of overnight stays (2012-13 average). For foreign clientele, the region is ranked second, with nearly one out of 10 foreign stays in France, and a remarkable 1% share of the global market.

The Great French Riviera’s share of secondary residences in mainland France is 11%, and 24% for sole foreign secondary residences.
It is also the second hub of touristic investment in France, after the Savoie- Mont-Blanc mountain range.

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Tourism

Depending on the day, there are between 50,000 and 650,000 tourists on the Côte d’Azur; the lowest level is in mid-January, and the peak of each year is the August 15th weekend. These figures do not take excursionists into account.

Tourism1

Nearly 170,000 secondary residences in the Alpes-Maritimes, including Monaco (i.e. 835,000 beds), of which 48,000 are owned by foreigners (ranked 1st in France with 15.7% of the national total). 5.6% of the registered secondary residences in France are in the Alpes-Maritimes. 13% of stays and 24% of overnight stays occur in secondary residences.

8 convention centres, providing 114 meeting rooms

5,623 restaurants (excluding Monaco), 38 of which are Michelin-starred

 17 golf courses, 10 of which are “18-hole” courses

15 casinos, including 4 in Monaco and 3 in Cannes

200 beaches under concession agreements

28 spas and thalassotherapy centres

Many protected areas: Mercantour National Park, the Préalpes d’Azur Regional Natural Park, 15 natural departmental parks.


Airport

Located just 5 km away from Nice city centre, the international airport offers 150 destinations serviced direct across 33 countries, along with daily flights within Europe, to North America (New York) and the Middle East (Dubai): exceptional links in the heart of the EMEA region (Europe, Middle East, Africa), a key territory for many large international groups.

NICE CôTE D’AZUR : IN FRANCE 2nd airport AFTER PARIS

It is directly connected to 105 destinations in 34 countries through 53 airlines. In 2013, its total traffic reached 11,554,251 passengers (+3.3%). Visitors staying in the Alpes-Maritimes or in Monaco repre- sent 54.6% of the total traffic.

THE 2ND EUROPEAN HUB FOR BUSINESS AVIATION

Côte d’Azur (Nice-Cannes-St Tropez) is the 2nd business hub in Europe after London, with 46,936 aircraft movements in 2013 (+2.8%).


Language

Over 160 different nationalities live and work on the Côte d’Azur, forming a unique multicultural environment. This has led to an array of services aimed at foreign residents and the highest concentration of international schools in France after Paris.

Magazine: http://www.rivierareporter.com/


Summer and Winter Holiday destination

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Short-term letting

letting


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Development

Amadeus, Toyota, Intel, Samsung, Honeywell, ESMO or the W3C: from microelectronics to tourism via health or services, the Côte d’Azur has become a much sought-after location for international organisations to relocate their strategic functions. The relaxed lifestyle to be found on the Côte d’Azur and the numerous professional events enable networking and collaborative opportunities with SMEs and start-ups.

The Côte d’Azur has been illustrating its desire to become a European metropolis via large-scale development projects that support its specialised sectors and reinforce its international appeal while developing its HR potential and safeguarding its natural surroundings. After Sophia Antipolis, Europe’s leading science and technology zone dedicated to IT, the Côte d’Azur’s Eco-Valley at the gateway to Nice is the first French operation of national interest (OIN) to be entirely devoted to developing cleantech and smart cities.


International attraction

International

http://www.straitstimes.com/news/world/europe/story/six-thousand-chinese-workers-break-record-france-20150509