17 April 2020
The impact of the COVID-19 epidemic is being felt all over the world and at all levels; protecting the planet’s population has become the absolute priority.
This unprecedented situation is affecting national economies, with notable repercussions on the yachting industry.
“Now, more than ever, the MYS must shoulder its responsibility to support the industry and all of the business sectors that make it possible to organise the MYS,” said organisers of the MYS.
“The organisers are fully aware of the strategic importance of the MYS to the companies that participate each year – for growing their business, sales and marketing.”
The MYS provides the various sectors of the luxury yachting industry with an opportunity to showcase their products, services and innovations. Shipyards and yachting brokers, for example, can invite clients keen to discover the world of luxury yachting onto their superyachts.
The MYS offers the perfect setting for establishing direct relationships. Future buyers can visit several yachts all in one day, compare them, meet the designers, and discuss with brokers and shipyards. Such a totally immersive experience is as essential as it can be decisive when considering the purchase or construction of a superyacht.
Every year, Monaco stages one of the biggest display of superyachts in the world, featuring over one hundred boats boasting an average length of 49 metres.
“Like everyone else, the MYS is keeping a close eye on how the pandemic is evolving, with the hope of a healthier and more stable situation around the globe in coming months,” continued the statement.
“In order to protect the health of participants at the MYS, we will implement directives issued by the government of Monaco and the World Health Organisation (WHO) that reflect how the pandemic has evolved by September 2020.”
The 2020 Monaco Yacht Show will probably be one of the first major occasions in the year for bringing together players in the global luxury yachting industry, for meeting private clients to discuss current and future market trends.