Monaco - Luxury Yacht Show Fights Global Warming

The world's leading luxury yacht show in Monacopretty safe assumption that those buyers will
is to pay for 55 wind turbines in New Zealand -have a few million for a property too, and a
enough to generate power for 45,000 homes -luxury yacht and Monaco Real Estate appeal to
making the event 'carbon neutral'.the same type of buyer', claims Roger Munns,
Under the watchful eye of Prince Albert, theTribune's Managing Director.
yacht show is part of Monaco's new stance onTypical of Monaco Real Estate prices is a two
global warming, and comes shortly after Princebedroom two bathroom apartment in Seaside
Albert himself travelled to the North Pole in AprilPlaza, close to where the Yacht Show is located,
to highlight the damage he believes global warmingat 3,700,000 Euros.
is having on the environment.Monaco Hotels
'Since Prince Albert came to the throne last year'The emergence of the Yacht Show has helped
comments Henri Boulanger of Monte Carlo travelthe Monaco economy by drawing the world's
guide 'Monaco has changed her policy from one ofwealthy to the principality for four days in
the few countries not to sign the Kyoto ProtocolSeptember.
to not only signing it but taking a lead in the battleUntil recently the Monaco Grand Prix in May and
against global warming. Prince Albert has personallythe Monte Carlo Masters tennis the month before
taken steps to show how concerned he is, andhave been the two main events of the year
by setting the example of going to the North Polewhich boost the occupancy levels of the hotels in
has shown the leadership necessary to encourageMonaco.
Monaco companies to become environmentallyWith the Yacht Show in September filling the
friendly, and the Monaco Yacht Show is anhotels at premium rates, it has proved to be a
example of this'.welcome addition to the calendar of events for
The Monaco Yacht Show has bult a reputationboth residents and businesses alike, and the Hotel
over the years as the place for the wealthy tode Paris Monte Carlo will be the scene of many
view potential purchases, and this year there willdeals being signed over the four days.
be nearly a hundred yachts on display to thoseThis year also saw the first Monaco Flower Show,
able to afford it.which it is hoped will also be a tourist magnet in
In total 22,000 visitors are expected to attendfuture years.
with over 500 exhibitors from the yachting world'In the past Monaco has had the highlights of the
exhibiting.Monaco Grand Prix and the tennis, with consistent
The mix of wealth and Monte Carlo also meansnumbers of visitors the rest of the year,' state
that real estate agents in Monaco will be on full'but Monaco is becoming much more diverse in
alert. In previous years the Monaco Yacht Showwhat it offers throughout the calendar year. The
has often proved more beneficial for the realtorsYacht Show has been a success, and given a little
than the Monaco Grand Prix.time the Monaco Flower Show will appeal to a
The Monaco Grand Prix attracts tens ofdifferent type of tourist, and might be as popular
thousands of Formula 1 fans annually to theas the Hampton Court and Chelsea Flower Shows
principality at the end of May, but with someare in the UK. Diversity is the key to sustained
Monte Carlo streets closed, showing property intourism, and Monaco is doing it very well.
Monaco can be more problematic than during theDespite being the second smallest country in the
Yacht Show.world, Monaco has attracted many of the world's
Monte Carlo real estate specialists Tribunetop business and entertainment people to live
Properties say that the more relaxed atmospherethere due to her income tax free status, and with
of the Yacht Show allows potential propertyPrince Albert at the helm it seems that the
buyers to view properties.principality is beginning to punch above her weight
'If someone is visiting Monaco for the Yachtin world politics as he takes the lead on
Show and has several million Euros available, it's aenvironmental issues', conclude YourMonaco.