SuperyachtNews.com - Business - Cannes Yachting Festival cancelled... quelle surprise

By SuperyachtNews

Cannes Yachting Festival cancelled... quelle surprise

Following an attempt to gain special dispensation, the Cannes Yachting Festival 2020 has been cancelled…

­Following the news that Reed Exposition, the Cannes Yachting Festival event organisers, had applied for special dispensation in an attempt to ensure that the boat show went ahead as planned from 8-13 September, it has been announced that this year’s Yachting Festival has been cancelled.

On 11 August, a recent surge in French COVID-19 cases lead the French government to announce an extension to the ban on event gathering for more than 5,000 people. In addition, on the 13 August, the UK government announced that individuals returning from France would have to engage in a two-week quarantine period in order to reduce the number of new COVID-19 cases.

In an attempt to ensure that the Yachting Festival went ahead, the show’s management had applied for special dispensation. The dispensation would have meant that, with the addition of ever more stringent health protocols, visitors to the event would have been exempt from the quarantine measures. However, the show has since announced that the event will no longer be going ahead.

The announcement should come as absolutely no surprise to the yachting community given that with every additional measure that has been implemented, the event has become less and less attractive to potential clients which massively draws into question the value the event could have possibly delivered for it exhibitors and sponsors, not to mention the various ethical concerns.

On 15 May 2020, SuperyachtNews broke the news that SYBAss and LYBrA had withdrawn from Monaco Yacht Show – the event was cancelled soon thereafter. In their letter to MYS both associations outlined that they had doubts over the event’s ability to attract guests and clients, the safety of the show and whether or not it was appropriate to host a show that is, ostensibly, a celebration of wealth while the world continues to suffer from the COVID-19 pandemic.

While both shows have now been cancelled, neither of the events showed any awareness of the issues raised by SYBASS and LYBrA three months ago. Neither show should have been allowed to continue. At least in MYS’s case, they made the decision early and allowed their exhibitors ample time to revaluate how they would spend their time and money. Cannes Yachting Festival, by stark contrast, has cancelled the event at the 11th hour.

Join the discussion

Cannes Yachting Festival cancelled... quelle surprise

31413

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry‚Äôs most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for Class societies and the promise of progress

Class societies and the promise of progress

Change doesn't happen overnight and it certainly doesn't happen without proactive engagement

Business

Image for Positive signs for the yachting market

Positive signs for the yachting market

A new Wealth-X report highlights an UHNW movement towards private luxury

Owner

Image for Cannes Yachting Festival applies for dispensation

Cannes Yachting Festival applies for dispensation

A decision on Cannes Yachting Festival is to be made by 21 August following a request for special dispensation

Business

Image for Better late than never

Better late than never

Should Cannes Yachting Festival have been postponed far before the most recent string of restrictions were announced?

Business

Image for Princess Yachts receives Princess Royal Training Award

Princess Yachts receives Princess Royal Training Award

Princess Yachts has announced that is has received the award for its apprenticeship scheme

Business

Image for Hard times are here

Hard times are here

Recent statistics on the UK’s recession paint an intimidating picture of the road ahead

Business

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on