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Yachting Festival Opens in Cannes

News If you have dreamt of spending a weekend at a gorgeous resort or simply like yachts, it is high time to book a hotel in Cannes and enjoy one of the most glorious events of the season, the Cannes Yachting Festival. This year, the event takes place from September 11th to 16th. It is a great chance for everyone to see the luxurious vessels by the most famous brands in the world.

At the Cannes Yachting Festival, guests will see new yachts by the Riva, Ferretti Yachts, and Custom Line. Ferretti Group has prepared a surprise for everyone keen on the crisp white vessels – it showcases 5 absolute novelties that neither professionals nor the general public have ever had a chance to see. The 41st edition of the Cannes Yachting Festival is, indeed, rich in events and things to see.

In addition to 5 world premieres, attendees will be able to see a whole fleet of gorgeous yachts – 25 majestic vessels that range in size from 8 to 42 meters. The fabulous yachting event in Cannes is a great place to see Custom Line 120’, Ferretti Yachts 670, Custom Line Navetta 42, Riva 66’ Ribelle, Riva 110’ Dolcevita, and many others. Cannes hotels definitely have some extra occupancy these days as the yachting festival is the largest event of this type in the world and it attracts many guests to the gorgeous French resort.

The event started with some financial data. During the annual press conference, the CEO of Ferretti Group revealed the company’s main financial results and once again proved the positive trend of the industry. The demand for yachts is growing, for example, the company currently has a consolidated order book of 218 million euro for its serial brands. Ferretti Group plans to achieve a production value of 704 million euro in 2018. That result only strengthens extraordinary results of the previous year.

Customers from what countries buy yachts the most? According to the data provided by the Group, almost a half of their customers (49%) are from Europe, Africa, and the Middle East. 36% of all new orders come from the Americas, and the Asia Pacific accounts for 15% of all orders. During the Cannes event, guests can participate in a number of entertaining initiatives associated with the festival. However, not only the French city will host these events. One of the most luxurious hotels in Ibiza, 7 Pines, will also host an event, during which guests can enjoy oysters and get acquainted with the limited edition products by the Group.


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