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Top brokers react to the Monaco Yacht Show 2017

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Fraser

The Monaco Yacht Show 2017 certainly didn’t disappoint in terms of yachts on display, with 580 exhibitors, 125 superyachts and 45 world debuts, but what did the brokerage industry’s leading figures make of the 27th iteration of the world’s premiere yachting event?

Once again Fraser had an unmissable presence at the Monaco Yacht Show, with seven yachts from 42 to 77 metres on display, including 45 metre Scout (pictured above), in addition to its prestigious Captains' Dinner. Despite this, Fraser CEO Raphael Sauleau reported, "We have heard some comments that the overall selection of yachts was not at its best." Setting aside the general rise in explorer yachts among new-build projects, he explained, "Yachts presented are, in general, falling into the same category per segment year after year, with the exception of a few innovations in design as well as propulsion."

Looking ahead at what could be done to improve MYS, Sauleau suggested, "The show needs to make sure that they encourage enough new clients to attend and ensure that their time here is efficient. It is a very busy show, often with many people on the docks (especially industry people) making it impossible to get around the show quickly. This is a well-established show and clients are keen to come here, however, sometimes this is more about the social events than any serious intention to purchase a yacht."

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