Luxury Yacht Show Monaco September Has Record Entries

Under the watchful eye of Prince Albert, theluxury yacht and Monaco Real Estate appeal to
yacht show is part of Monaco's new stance onthe same type of buyer", claims Roger Munns,
global warming, and comes shortly after PrinceTribune's Managing Director.
Albert himself traveled to the North Pole in AprilTypical of Monaco Real Estate prices is a two
to highlight the damage he believes global warmingbedroom two bathroom apartment in Seaside
is having on the environment.Plaza, close to where the Yacht Show is located,
"Since Prince Albert came to the throne last year"at 3,700,000 Euros.
comments Henri Boulanger of Monte Carlo travelMonaco Hotels
guide Your Monaco, "Monaco has changed herThe emergence of the Yacht Show has helped
policy from one of the few countries not to signthe Monaco economy by drawing the world's
the Kyoto Protocol to not only signing it butwealthy to the principality for four days in
taking a lead in the battle against global warming.September.
Prince Albert has personally taken steps to showUntil recently the Monaco Grand Prix in May and
how concerned he is, and by setting the examplethe Monte Carlo Masters tennis the month before
of going to the North Pole has shown thehave been the two main events of the year
leadership necessary to encourage Monacowhich boost the occupancy levels of the hotels in
companies to become environmentally friendly,Monaco.
and the Monaco Yacht Show is an example ofWith the Yacht Show in September filling the
this."hotels at premium rates, it has proved to be a
The Monaco Yacht Show has built a reputationwelcome addition to the calendar of events for
over the years as the place for the wealthy toboth residents and businesses alike, and the Hotel
view potential purchases, and this year there willde Paris Monte Carlo will be the scene of many
be nearly a hundred yachts on display to thosedeals being signed over the four days.
able to afford it.This year also saw the first Monaco Flower Show,
In total 22,000 visitors are expected to attendwhich it is hoped will also be a tourist magnet in
with over 500 exhibitors from the yachting worldfuture years.
exhibiting."In the past Monaco has had the highlights of the
The mix of wealth and Monte Carlo also meansMonaco Grand Prix and the tennis, with consistent
that real estate agents in Monaco will be on fullnumbers of visitors the rest of the year," state
alert. In previous years the Monaco Yacht ShowYourMonaco, 'but Monaco is becoming much more
has often proved more beneficial for the realtorsdiverse in what it offers throughout the calendar
than the Monaco Grand Prix.year. The Yacht Show has been a success, and
The Monaco Grand Prix attracts tens ofgiven a little time the Monaco Flower Show will
thousands of Formula 1 fans annually to theappeal to a different type of tourist, and might be
principality at the end of May, but with someas popular as the Hampton Court and Chelsea
Monte Carlo streets closed, showing property inFlower Shows are in the UK. Diversity is the key
Monaco can be more problematic than during theto sustained tourism, and Monaco is doing it very
Yacht Show.well.
Monte Carlo real estate specialists TribuneDespite being the second smallest country in the
Properties say that the more relaxed atmosphereworld, Monaco has attracted many of the world's
of the Yacht Show allows potential propertytop business and entertainment people to live
buyers to view properties.there due to her income tax free status, and with
"If someone is visiting Monaco for the YachtPrince Albert at the helm it seems that the
Show and has several million Euros available, it's aprincipality is beginning to punch above her weight
pretty safe assumption that those buyers willin world politics as he takes the lead on
have a few million for a property too, and aenvironmental issues', conclude Your Monaco.