The Monaco Yacht Show Review 2015
Monaco Yacht Show is finished for another year and after exhibiting for the past 20 editions we felt it was worthwhile exercise reviewing this year’s event and the state of the market.
Looking at the stats alone it was very busy four days with an estimated 34,500 people attending and 530 exhibiting companies. There were 121 yachts on display with an estimated total market value of €3 billion.
Once again we shared a stand with our good friends Cathelco. After fears that the event may be negatively affected by the building work in the port, both companies were extremely happy that they continued to have the great footfall they have enjoyed over past years.
Cathelco’s Managing Director Justin Salisbury commented: “Since acquiring HEM this April we’ve been working towards this show, it’s rare that you can get so many people within the industry in one place. The feedback on our partnership has been well received and we’re looking forward to our clients reaping the benefits of shared knowledge and expertise”
With the show taking place during the traditional end to the Med’ season/refit period this was a great opportunity for the Global Services team to promote our new partnership with Clearvac. Global Services and Clearvac are already enjoying a large amount of interest from yachts for assistance with their black/grey water and HVAC cleaning.
Clearvac’s Managing Director, David Salter commented “we’re very happy to be joining forces with Global Services; both companies have a strong reputation for providing first class service to a demanding customer base. We’ve already helped a number of Global Services clients since our partnership began last month, long may this continue!”
The event allowed the Global Services team to meet clients face to face in a less formal environment, Sales Manager James Beddall commented “normally when we’re meeting customers they’re either very busy in a refit or chasing their tales looking after guests, so this show allows us to thank them for their business, buy them a beer and see if we can help their crew mates on other departments”
Having discussed the market with various management companies the charter business is looking very buoyant. Account Manager Lloyd Tucker commented: “sources told me this year’s charter season was up to the levels of 2007/8 whereby the number of yachts available couldn’t meet the demand. This is great news for companies operating in this business sector. All being well the owners will feel like they want to re-invest this extra revenue into their yachts”
Finally Global Services will be sponsoring the fourth stages of this year’s cogs4cancer event and Business Development Co-ordinator Oli Tuckett will be riding the final tribute stage.
Oli commented “all the team at Global Services have really embraced this fantastic event. We’ve sold wristbands at our stand, we’re sponsoring a stage and I can’t wait to take on the gruelling 120 miles from La Ciotat to Antibes. Hopefully the rest of the C4C team are tired when they arrive and I can keep up! I’ve met numerous people this week taking part. It really has brought people together and most importantly it’s raising much needed funds for very worthwhile charities”
This year Global Services attendees were:
Richard Gardiner - Owner
James Beddall - Sales Manager
Oli Tuckett - Business Development
Lloyd Tucker - Account Manager
Caron Stott - Sales & Business Development (Palma Office)