Attendance up at Monaco show


By Editor

October 5, 2011

Attendance was up slightly at last month’s Monaco Yacht Show, making it what organizers cautiously called “perhaps the most successful show in the event’s 21-year history.”

More than 100 yachts from 25m to 86m were on display inside Port Hercules, including the 86m Oceanco M/Y Seven Seas, the 85m M/Y Cakewalk built by Derecktor, the 64m Amels M/Y Imagine, and S/Y Hemisphere, the world’s largest catamaran.

About 28,200 visitors attended. Half of the admission fees collected (52,700 euros) were donated to a Monaco charity to fight muscular dystrophy. (A watch auction raised 4.5 million more euros for the charity. And the show donated 40,000 euros to Prince Albert II’s Wood Forever program that fights deforestation.)

A 42m Turkish-built vessel sailed into the show as Nomade and departed as Bar Tender, having sold during the show, according to a show statement. The Dutch builder Jongert used the show to conclude the signing of a contract that will see it build a 46m motor yacht designed by Dubois, the statement also said.

“Confidence was high that the superyacht industry was sailing forward towards a bright horizon despite the gloomy world economy,” the statement read. “The real benefits the Monaco Show will bring to exhibitors that attended are only determined over the weeks that follow the event, but many left the show on a high, enthused by the quality and quantity of enquiries."

Hein Velema, CEO Fraser Yachts, said the show brought “plenty of qualified buyers, serious discussions, realistic prices and positive negotiations.”

“Success at boat shows is never immediate and we have to study the reports of our brokers, but they were all kept extremely busy with qualified client viewings and consultations throughout the four days,” he said.

To read the full press release, click here.