These are uncertain times: the impact of the COVID-19 epidemic is being felt all over the world and at all levels, especially about event organisation and touristic segment. Last week SYBAss (Superyacht Builders Association) and LYBRA (Large Yacht Brokers Association) declared that they do not wish to participate in the 2020 Monaco Yacht Show, through a letter to INFORMA, owner of the event.
SYBAss represents 21 shipyards, including Benetti, Lurssen, Amels and Heesen. LYBRA, meanwhile, is a collective of the world’s leading brokerage houses, and counts amongst its members Burgess Yachts, Fraser, Edmiston, Northrop & Johnson, Yachtzoo, IYC, Y.CO and Ocean Independence.
SYBAss and LYBRA outlined, as reasons for their withdraw, safety and healthy concerns, uncertainties about travel restrictions, and possible issue linked to the social distancing.
The answer of INFORMA didn’t take so long, and the owner of this event replied with a statement.
MYS 2020 will go on
“The 30th edition of the Monaco Yacht Show (MYS) is still on course to take place from Wednesday 23 to Saturday 26 September 2020 at Port Hercule in Monaco” we can read in the statement.
Aware of the global situation, that is affecting national economies, the willingness of INFORMA is to “support the industry and all of the business sectors that make it possible to organise the MYS”.
Usually, this is an occasion for invite clients keen to discover the world of luxury yachting, establishing direct relations, discuss with brokers and shipyards, in a very immersive situation. To guarantee also this year a great experience, INFORMA is taking several measures.
“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. 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”.
So, despite some withdrawal, the Monaco Yacht Show will take place this September, following the decision of other exhibitions, like the Cannes Yach Festival, to continue with the show and to support the nautical sector.