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sustainable luxury

October 2024
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sustainable luxury

The Monaco Yacht Show 2024: A Tribute to Innovation and Excellence

Focus on sustainability, innovation and customization. The Monaco Yacht Show, held September 25-27 in Port Hercule in Monte Carlo, revealed the main trends in luxury yachting. Trends that have been underway for a number of years and are now gradually being reinforced both in the expectations of shipowners and in the projects of the major shipyards, with solutions that increasingly look to the adoption of alternative propulsion systems, the use of eco-friendly materials, the integration of artificial intelligence on board, the creation of yachts with a unique brand identity, and, when it comes to refitting and converting existing yachts, the need for sustainable and efficient solutions. MYS 2024 provided an invaluable platform for discussion with 22 conferences on these issues, which were highly appreciated by the audience.

In 2024 MYS reaffirms its status as the world’s premier superyacht event, further solidifying its role as an ambassador of Monaco, the capital of yachting. The show brought together an international clientele of yacht owners, prospective owners, charter clients, and yachting professionals. A total of 29,197 visitors gathered along the quays of Port Hercule, a figure that highlights the growing interest in this unmissable superyacht event and foreshadows the scale of its economic impact on the Principality.

MYS 2024 showcased a stunning fleet of 120 superyachts, presented by international brokers and shipyards that, as usual, chose the MYS to unveil their new yachts launched in 2024. This year, 46 made their debut at Port Hercule, alongside 15 vessels launched in 2023. More than half of the yachts on display were under two years old, a testament to the dynamism and innovation that define this elite industry.

The 2024 MYS also stood out for the diversity and richness of its exhibition spaces, all designed to offer an immersive and unique experience for visitors. The Parvis Piscine tent and the Upper Deck Lounge were dedicated to luxury custom interior design, while the Quai Albert 1er and Darse Sud highlighted technological equipment and sustainable solutions, showcased within the Sustainability Hub. The Dockside area, featuring the superyacht exhibition quays and the Yacht Design & Innovation Hub, was exclusively reserved for private clients on the first day of the show, facilitating yacht tours and privileged contact with shipyards, brokers, and designers. Lastly, the Adventure Area, dedicated to leisure, new destinations, and the yachting lifestyle, showcased a selection of luxury vehicles and 61 tenders along Quai Antoine 1er and Quai Jarlan.

The 2024 edition confirmed MYS as a unique space for yachting clients and a crucial platform for exploring technological, environmental, and societal expectations, contributing to the dynamism of the global superyacht industry. Visitors had the opportunity to meet each exhibitor and see firsthand that, while yachting is a niche industry, it is deeply integrated into the economic and technological fabric of our society. Gaëlle Tallarida, Managing Director of MYS, stated: “The Monaco Yacht Show 2024 once again showcased an exceptional collection of superyachts and an exhibition of the leading companies in the sector, attracting visitors from around the world eager to explore the yachting world and its development opportunities. They discovered a yachting industry integrated into economic and technological changes, meeting the expectations of both clients and society. This edition confirms that the Monaco Yacht Show is far more than a luxury showcase: it has become a driver of innovation and reflection on the future of yachting in a global context.”

The next rendezvous is already set for the 34th Monaco Yacht Show, to be held from September 24 to 27, 2025.