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    Yachting

    Monaco Yacht Show Celebrates The Good Life

    October 28, 2021Updated:October 28, 20213 Mins Read

    The Principality of Monaco once again played host to the world’s leading boat show, the Monaco Yacht Show. Yachting enthusiasts, yacht builders, the wealthy, and the super wealthy gathered to show off their floating palaces or shop for the perfect new superyacht. His Highness, Prince Albert II of Monaco, joined in the festivities, as he has since the show’s 1991 inception.Taking place from 22 to 25 September, the show is known for offering the largest display of Superyachts in the World.

    This year’s show was more diverse than ever, thus disproving the cautious predictions made by the organisers at the beginning of the summer. Week after week, the show came to life in sync with the increasing general excitement. While 300 exhibitors and a maximum of 90 yachts had initially been announced, the 2021 MYS featured 440 exhibitors and 101 superyachts, worth an estimated €3.6 billion. Featured yachts included 37 new launches and 14 superyachts measuring over 70m in length.

    According to the show’s yacht builders and brokers, their visiting schedules were full from the very start of the event, and potential clients came on board with serious intent to buy, fitting in with the current rise in yacht sales.

    One of the largest superyachts on display was the 95-metre Kismet. Built by Lurssen and launched in 2014, the US broker Moran Yacht & Ship exhibited the megayacht with a selling price of €169 million. Other notable yachts included the 85-metre BOLD & the 72-metre AZTECA.

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    Along with the megayachts, plenty of exhibitors showed off luxury tenders, water toys, & high-end automobiles.
    One day tickets to the show were €500, with three day passes going for €1,350. If you are interested in chartering or purchasing a yacht, then the Saphire ticket is the one you want. The Sapphire Experience offers you a programme of activities operated by the official MYS concierge service: visits to the most outstanding superyachts at the MYS, meetings with the greatest yacht designers or builders, invitations to gala evenings or private cocktails aboard the yachts, a luxury tender ride off the Monaco bay, courtesy car service, etc. The price of the Saphire ticket isn’t listed, but as they say, if you have to ask the price, you can’t afford it.

    According to Gaëlle Tallarida, General Director of the MYS: “We worked alongside stakeholders from across the industry in order to put on a show that meets the latter’s expectations and, more specifically, those of their clientele. The 2021 MYS appears to have benefited from the excitement spurred by this reunion, as well as from the favourable state of the market, with an increase in yacht sales over the last 18 months: clients have turned to yachting to escape the gloomy context that the pandemic has brought about and the frustration of having their freedom restricted. Therefore, 2021 has been a win-win for everyone involved in yachting. Thanks to the steering committee founded this year, we intend to pursue our collaboration in order to further improve the MYS for the 2022 edition”.

    Next year’s show is set to take place from 28 September to 1 October 2022.

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    HOT Magazine is a Thailand based luxury lifestyle magazine connecting with Asia’s wealthy, brand-conscious, high net worth individuals, through their chosen lifestyle activities. These include polo, boating, spas, luxury automobiles and extreme sports. HOT Magazine also spans every relevant luxury segment, such as Travel, Fashion, Art & Design, Food, Shopping, Wine & Spirits. The magazine is rounded out with interesting interviews from the likes of Billionaire Bill Heinecke to Philip B whose hair care products are found in Royal households around the world as well as used by celebrities such as Lady Gaga, Madonna & Sir Richard Branson. Although all materials are published in good faith.

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