Charting the Course: Navigating the Challenges and Prospects of the 2023 Cannes Yachting Festival
The Cannes Yachting Festival, an annual spectacle entrenched in maritime history since 1977, continues to be a global magnet for lovers of luxury vessels. The festival is distinguished by its grand display of around 600 motor yachts, superyachts, catamarans, tenders, and sailing yachts, attracting many visitors and exhibitors worldwide.
Despite criticism over the increasing ticket prices and exhibitor fees, the festival's allure remains undiminished. For its 2023 edition, the festival has announced a significant hike in day ticket prices, from 19 euros to 31 euros, a 63% increase. The festival's curator justifies this steep increase to keep pace with inflation and previous low increments.
However, the festival organizers also extend special rates and free admission strategies. For instance, they have introduced a 2-day ticket priced at 55 euros and flash sales on specific dates offering free entries. Additionally, they have extended free access to the sailing area at Port Canto beyond morning hours to regulate traffic flow.
The festival for 2023 is scheduled to take place from the 12th to the 17th of September. The event is open daily from 10 a.m. to 7 p.m., with a late opening until 10 p.m. on Friday and closure at 6 p.m. on Sunday.
2019 the festival underwent a significant transformation, providing 1,000 linear meters of extra berthing. This change, alongside a range of accommodations and transportation options, continues to attract attendees despite the high costs. The official line-up of boats for the 2023 festival is yet to be announced.