The Société des Bains de Mer (sɔsjete də bɛ̃ də mɛːʁ də mɔnako; SBM; ) is a company composed mainly of high-end hotels and entertainment in the principality. Notable establishments managed by the company include the Opéra de Monte-Carlo

Opéra de Monte-Carlo

The Opéra de Monte-Carlo is an opera house located in the principality of Monaco.With the lack of cultural diversions available in Monaco in the 1870s, Prince Charles III, along with the Société des Bains de Mer, decided on the construction of an opera house. Initially, it was Charles III's...

, the Monte Carlo Casino

Monte Carlo Casino

The Monte Carlo Casino is a gambling and entertainment complex located in Monte Carlo, Monaco. It includes a casino, the Grand Théâtre de Monte Carlo, and the office of Les Ballets de Monte Carlo....

 and the Hotel de Paris

Hotel de Paris

The Hôtel de Paris is a hotel in Monte Carlo, Monaco, It was opened in 1863 as part of the development of Monte Carlo by the Société des Bains de Mer under the auspices of Charles III of Monaco.It is a luxury hotel at the heart of Monte Carlo...

 in Monte-Carlo.

Business Information

SBM is the largest employer in Monaco.
It participates actively in the tourism industry in the Principality. Its main activities are essentially oriented towards the high end fields of catering and gambling. SBM profits are down due to the global economic crisis, starting in 2008 continuing on till 2010 where they have leveled off. They are currently trying to bring more Asian and Middle Eastern visitors to Monaco. With the opening of new hotels and bars, like Buddha Bar.

Locations which SBM owns

SBM currently owns 5 Casinos, 5 Hotels, 27 Restaurants, 4 SPA/Thermal Baths, 7 Bars and Night Clubs, 2 Beach Clubs, 2 Golf Clubs. Which Makes SBM own a total of 52 different location, of which 50 are inside of Monaco. (Information can be found at SBM Web page)

Hotels which SBM owns

• Hôtel de Paris
• Hôtel Hermitage
• Monte-Carlo Bay Hotel & Resort
• Monte-Carlo Beach

Bars and Night Clubs which SBM owns

• Bar américain
• Limun bar
• Blue gin
• Jimmy'z
• Sea lounge
• Café de Paris
• Bar des Palmiers

Casinos which SBM owns

• Casino de Monte-Carlo
• Casino Café de Paris
• Sun Casino
• Bay Casino
• Casino d'été

SPA/Thermal Baths which SBM owns

• Thermes Marins de Monte-Carlo
• Montecarlospa Beach
• Spa Cinq Mondes
• Montecarlothalasso

Sports centers which SBM owns

• Monte-Carlo Golf Club
• Monte-Carlo Country Club
• Monte-Carlo Beach Club
• Centre fitness (5)

Restaurants which SBM owns

• Le Louis XV
• Le Grill
• Le Vistamar and its terrace
• Les Privés
• La Trattoria
• Elsa
• Le Train Bleu
• L'Hirondelle et sa terrasse
• Blue Bay
• Le Blue Gin
• Mozaïk
• Le Circus
• Il Baretto
• L'Orange Verte
• Le Café de Paris
• Côté Jardin and its terrace
• Le Deck
• La Vigie
• Bar américain
• Las Brisas
• Le Fuji
• Limun bar
• La Salle Empire and its terrace
• La Salle Belle Epoque
• La Salle des Étoiles
• Restaurant des Palmiers
• Le Sea Lounge

Owners of SBM

• 35% owned by Prince Albert
• 35% owned by Monaco's government
• 25% publicly traded on NYSE Euronext stock exchange
• 5% unknown