ALL SOLD OUT ! - The 18th Monaco Yacht Show is a HIT before it Happens

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Something akin to what was happening in the Indian Stock Markets a while back, has happened in the Monaco Yacht Industry. Just as IPOs are over-subscribed 100s of times before the a scrip is on the equity market; the 18th Monaco Yacht Show has been sold out before it has happened.


From the 24th to the 27th of September 2008, the companies of the luxury yachting sector will return to Port Hercules for the 18th Monaco Yacht Show.

'THE' YACHT SHOW

If there was a boat show that could take the claim of being THE boat show that represents yachting trends of the world, it would be the Monaco Yacht Show.

18 years into its inception - since the wealthy residents and the yachting fraternity of Monaco felt it would be better to have a boat show for the rest of the world to follow - the Monaco Yacht Show sets the ball rolling for boat shows across the world even now.

Just last month we saw the Dubai International Boat Show '08 that set a record sales of $200 million worth of transactions happening over the 5 days, the Monaco Yacht Show coming up in September goes one step ahead by making sure everything is sold out before they can be displayed on the stands.

INTERNATIONAL SIGNIFICANCE

International luxury yachting industry professionals are not mistaken in positioning the MYS as the super yacht show which attracts a global high-end professional and private clientele: 500 exhibitors and 28,000 participants are expected for 2008.


The MYS accurately reflects the evolution of this sector: in 2007, the show presented an exceptional fleet of 97 super yachts up to 90 meters, with a record average length of 42 meters and 40 world première launches. Plus, some fifty yachts anchored in the Monaco bay. The 2008 edition promises to be just as exceptional!

SUPER-SPECIAL PARTICIPATION

With an expanding market in recent years, participating in the show has become a must for industry leaders and therefore so has the demand for berths.


What makes it special is that this show is one that commands the participation of the worlds largest super-yachts and concepts - there are more super- and mega-yachts here than smaller boats displayed in most international events such as these.

A BOON TO SOCIETY

The MYS has supported the Monegasque Association against Muscular Dystrophy since 2001 through the organization of exceptional charity projects. On September 20th, 2007, for example, the charity auction Only Watch raised 2.7 million Euros. Each year, the show also donates 50% of its entrance fee earnings. Since 2005, the Monaco Yacht Show has earned the Carbon Neutral label by paying an eco-tax to finance global environmental protection projects in association with Camper & Nicholsons.

The Mumbai International Boat Show should follow the examples set across by various boat shows in terms of vision and volume in order to make the yachting industry here a landmark industry.