The Monaco Yacht Summit has been a calendar highlight since it started in 2016. Words by Charlotte Pasha.

 

A lesser-known element of the Monaco Yacht Showthe summit is designed specifically for a new generation of superyacht customers.

The aim is to help educate and inspire a younger audience.

The Summit is fun, relaxed and informative, dispelling myths about yacht ownership while providing a forum for meeting and mingling.

 

It is attended by an elite group of pre-qualified individuals, representatives, family offices and private investors.

You can expect panel discussions and experts from across the superyacht industry all in one room, answering any and all questions that may arise.

It’s a place to meet experts and professionals from across the industry, in a relaxed environment.

This year, the Monaco Yacht Summit is due to take place on September 24 – the night before the Yacht Show itself – at the Yacht Club de Monaco.

The world of superyachts can be a confusing one, with wrong information circulated regularly.

Myth-busting

So, last year, the summit saw a discussion on “myth-busting”.

The aim was to dispel myths such as; building a yacht costs $1 million a metre or that yachts cost 10 per cent of their value to operate.

In addition, attendees received information about superyacht brokers, running costs and charter revenue.

Building a superyacht

At this year’s Yacht Summit, the route to ownership will be discussed, looking in detail at the topic of building a superyacht.

It will also cover issues such as the ownership life-cycle of a superyacht and chartering.

“The new generation of end-user clients entering super yachting need to be well-prepared and informed about the aspects of chartering or purchasing a yacht before experiencing her,” says Johan Pizzardini, communications and media manager at the show.

“The convivial and intimate format of the summit enables the delegates to ask any question they’ve never dared ask to our panel of superyacht experts,” he added.

 

More information about the Monaco Yacht Summit.

This story was originally published in the Mayfair Times.

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