The Art of Luxury Issue 40 2019 | Page 75

YACHTS “We work to offer the most prestigious superyachting event to the The temptation for any show aimed at end-users is to spread the net new generation of customers,” confirms Gaëlle Tallarida, General as wide as possible and be all things to all people, but MYS is taking Manager of MYS. “Our responsibility is to offer our visitors an the opposite tack by prioritising a specific visitor profile. Positive entertaining and instructive plunge into the world of superyachting, feedback from exhibitors and partners following MYS 2018 suggests while serving the interest of the industry. In other words, to this strategy is already having an impact. The slight drop in overall encourage encounters between final clients and the best players in attendance (2% in 2018 down on 2017) reflects the drive towards the market.” lower densities around the port, which results in a more rewarding Already filled to capacity each year and occupying much of Port Hercules, there is little or no opportunity for physical growth in Monaco. Instead, the show organisers are focusing on delivering experience for prospective clients. Indeed, brokers and builders spoke of a higher number of visitors seriously intending to buy or charter. the best platform for business and the most efficient solutions “We want to attract people who are new to yachting as well as retain for exhibitors to liaise with clients. One area of improvement, for our existing client base, but at the end of the day we target HNWIs,” example, has been optimising the layout into thematic zones to says one yachting executive and MYS exhibitor. “When boat shows provide more fluid circulation around the quays and tents, and allow are billed as a fun family day out, the cachet value is diluted. I think visitors to concentrate on their own sectors of interest. that whenever a show targets very affluent people, it should offer an experience in keeping with their lifestyles.” Issue 40 2019 The Art of Luxury 75