Latest news with #MonacoYachtShow
Scottish Sun
3 days ago
- Business
- Scottish Sun
Plush £150m superyacht laden with luxuries like jacuzzi & helipad owned by ex-Starbucks CEO sails through Dutch canal
The massive vessel has won prizes in yacht shows A LATTE TO OFFER Plush £150m superyacht laden with luxuries like jacuzzi & helipad owned by ex-Starbucks CEO sails through Dutch canal A LUXURY superyacht owned by the US billionaire who transformed Starbucks into a global brand has been spotted sailing through a murky Dutch canal. Howard Schultz's 254-foot vessel, named Pi, boasts a range of over 4,500 nautical miles and onboard spa facilities, including a glass-bottomed swimming pool. 9 A superyacht called Pi passed through the Woubrugsebrug in the Netherlands on Wednesday Credit: Alamy 9 The yacht belongs to Ex-Starbucks CEO Howard Schultz, estimated to be worth $6b (£4.5b) 9 The yacht has a sleek, modern interior The huge yacht, believed to be worth $200m (£150m), can accommodate up to 12 guests in six cabins and a crew of 18 people. At a staggering 254 feet long and 37 feet wide, Pi ranks as the 183rd biggest yacht in the world, according to Wikipedia's latest list of motor yachts by length. The vessel is powered by MTU engines, which make it capable of speeds up to 18 knots. It features its own helicopter landing pad as well as various onboard luxury spa facilities. Built by Dutch boat builder Feadship, it was delivered to Schultz at the 2019 Monaco Yacht Show, where it won Best Yacht in Its Class and Motor Yacht of the Year. Schultz's net worth surpasses $6b (£4.5b), according to the Bloomberg Billionaires Index. He built the bulk of his fortune as the CEO of Starbucks, initially leading the company from 1986 to 2000. Under Schultz, Starbucks grew from a small Seattle-based chain into a global coffee empire. Schultz returned to the helm during the 2007–2008 financial crisis, after the company faced major store closures in a bid to cut costs. He remained CEO until 2017, then returned briefly as interim CEO from 2022 to 2023. 9 The main salon of the superyacht Pi, featuring a large off-white sectional sofa and teal rug 9 A master suite on the Pi 9 The Pi superyacht is 254 feet long Credit: Alamy Inside the invite-only superyacht 'sea hotel' with four-story penthouse - & another $450m 'twin' ship is on the way It comes as the superyacht was spotted in Cornwall's Falmouth harbour in May 2022. Meanwhile, the luxury Four Seasons hotel franchise recently announced its plans to launch a superyacht cruise ship, dubbed the Four Seasons. The superyacht promises to be decked with "sea limousines", luxury restaurants, a cigar room and even a four-story private penthouse suite. Set to launch in January 2026, the 'sea hotel' will sail on over 30 voyages in its first year, cruising through the Bahamas, Caribbean, and Mediterranean. Seven nights along the rivieras of Cassis, France and Portofino, Italy, for example, will cost north of $25,000 (£18,500). While reservations for the first voyages opened in January 2024, they are on an invitation-only basis for loyal Four Seasons guests. The exclusivity is "driven by the need to manage extraordinary demand", according to the luxury hotel franchise. 9 Set to launch in January 2026, the 'sea hotel' will go on more than 30 voyages in its first year Credit: Four Seasons 9 The 190-passenger Four Seasons will feature 14 decks and 95 residential-style cabins with ocean views Credit: Four Seasons
The Irish Sun
3 days ago
- Business
- The Irish Sun
Plush £150m superyacht laden with luxuries like jacuzzi & helipad owned by ex-Starbucks CEO sails through Dutch canal
A LUXURY superyacht owned by the US billionaire who transformed Starbucks into a global brand has been spotted sailing through a murky Dutch canal. Howard Schultz's 254-foot vessel, named Pi, boasts a range of over 4,500 nautical miles and onboard spa facilities, including a glass-bottomed swimming pool . 9 A superyacht called Pi passed through the Woubrugsebrug in the Netherlands on Wednesday Credit: Alamy 9 The yacht belongs to Ex-Starbucks CEO Howard Schultz, estimated to be worth $6b (£4.5b) 9 The yacht has a sleek, modern interior The huge yacht, believed to be worth $200m (£150m), can accommodate up to 12 guests in six cabins and a crew of 18 people. At a staggering 254 feet long and 37 feet wide, Pi ranks as the 183rd biggest yacht in the world, according to Wikipedia's The vessel is powered by MTU engines, which make it capable of speeds up to 18 knots. It features its own helicopter landing pad as well as various onboard luxury spa facilities. Built by Dutch boat builder Feadship, it was delivered to Schultz at the 2019 Monaco Yacht Show, where it won Best Yacht in Its Class and Motor Yacht of the Year. Schultz's net worth surpasses $6b (£4.5b), according to the Bloomberg Billionaires Index. He built the bulk of his fortune as the CEO of Starbucks, initially leading the company from 1986 to 2000. Under Schultz, Starbucks grew from a small Seattle-based chain into a global coffee empire. Most read in The US Sun Schultz returned to the helm during the 2007–2008 financial crisis, after the company faced major store closures in a bid to cut costs. He remained CEO until 2017, then returned briefly as interim CEO from 2022 to 2023. 9 The main salon of the superyacht Pi, featuring a large off-white sectional sofa and teal rug 9 A master suite on the Pi 9 The Pi superyacht is 254 feet long Credit: Alamy Inside the invite-only superyacht 'sea hotel' with four-story penthouse - & another $450m 'twin' ship is on the way It comes as the superyacht was Meanwhile, the luxury Four Seasons hotel franchise recently announced its plans to launch a superyacht cruise ship, dubbed the Four Seasons. The superyacht promises to be decked with "sea limousines", luxury restaurants, a cigar room and even a four-story private penthouse suite. Set to launch in January 2026, the 'sea hotel' will sail on over 30 voyages in its first year, cruising through the Bahamas, Caribbean, and Mediterranean. Seven nights along the rivieras of Cassis, France and Portofino, Italy, for example, will cost north of $25,000 (£18,500). While reservations for the first voyages opened in January 2024, they are on an invitation-only basis for loyal Four Seasons guests. The exclusivity is "driven by the need to manage extraordinary demand", according to the luxury hotel franchise. 9 Set to launch in January 2026, the 'sea hotel' will go on more than 30 voyages in its first year Credit: Four Seasons 9 The 190-passenger Four Seasons will feature 14 decks and 95 residential-style cabins with ocean views Credit: Four Seasons 9 Passengers will be able to dine in the "Michelin-calibre" onboard restaurant - although only breakfast will be included in the price Credit: Four Seasons
Forbes
21-04-2025
- Business
- Forbes
In Yacht Shows, Is Palm Beach The New Monaco? That Depends.
Let's be clear. The Monaco Yacht Show has always been in a class by itself. It is a nonesuch destination reigning as the undisputed leader in all things luxury. In light of this question posed ahead of the Palm Beach International Boat Show, or PBIBS, is Palm Beach the New Monaco? The recent environment suggests the center may be shifting, with wealth and power finding Palm Beach an appealing alternative. So, a month after all the boat horns sounded to signal the show closure in Palm Beach, how did it measure up to Monaco? It depends on who one asks and what objectives are considered. The 43rd edition of the Palm Beach International Boat Show, PBIBS, officially took place from March 21-24, spanning five days, up from the usual three, for the first time. The show featured more than 200 superyachts over 80 feet, 45 of which exceeded 150 feet. In all, there were 1,000 boats on display, with 80 debut yachts. The 33rd edition of the Monaco Yacht Show, presented from September 25-28, 2024, featured 117 superyachts on display, 81 of which were debuts. An additional 53 sat at anchor in the bay. At the time of writing of this article, Informa claimed more than 60,000 attendees at the Palm Beach show this year, exceeding 2024's tally of 55,000 visitors. Attendance at the Monaco Yacht Show in 2024 was 29,197. Both shows indicate qualified attendees serious about a charter or yacht purchase. The Palm Beach show was compact and easy to navigate. By contrast, Monaco's expanse around the port seemed more spread out. Palm Beach? It was just easy. Clearly mapped. Easily navigated. Well maintained. And parking? Generally easier than other shows. Traffic, however, still tries one's patience, but is not as lengthy a delay as some of the shows. This year, Palm Beach featured innovations and reveals that proved big news. Like Sanlorenzo's announcement that it doubled its revenue in the past five years while acquiring sailing giant Nautor Swan, with a new 137-foot alloy Swan sailing yacht in the works alongside acquisition of Simpson Marine. And like the Benetti's 280-foot Espen Øino and Zuretti Project Life built on spec with a 2025 build start and 2030 delivery. And like Baglietto's world premiere of Daybreak, a 170-foot spatial magician for its size, with impressive 'Made in Italy' luxury details. Denison Yachting announced partnerships with Northern Jet, set to dovetail with an automotive group, perhaps Holman Motors, for a seamless, full-service experience for charter clients. Feadship emphasized continued advances in sustainable luxury on board superyachts, advancing the efficiency and use of electric drives, biofuels, and hydrogen propulsion, along with highly sustainable interior materials, providing insight, solutions, and options across the marine industry. Tankoa's 52-meter S520 unveiling, and Sunreef's new Las Olas office Ft. Lauderdale just brush the surface of yachting sector news. Comparing the locations of the two shows, which is best? Monaco's extraordinary architecture and lush environments with impressive histories are legendary. There are 16 Michelin Star dining establishments in Monaco, with the three-star Le Louis XV - Alain Ducasse à l'Hôtel de Paris leading the pack. Palm Beach is no architectural slouch, however, with its array of mansions on Palm Beach's exclusive island, surrounded by expansive, impeccably tended landscapes and artistic displays. The unique Flagler style can be seen throughout the region. On the dining scene, Palm Beach in its first year review by the Michelin Guide earned one star for Konro, in a field of nine total nods from the judges. Monaco is graced with many hotel choices, all with exclusive rates pushing $3000 per night with a four night minimum, but with every possible luxurious amenity a prospective yacht buyer could dream up. Palm Beach lists eight luxury hotels, one of which includes a boutique hotel within the iconic Breakers, offering 21 rooms and suites within the confines of the main hotel, which harks back to 1896. Both Monaco and Palm Beach understand what their guests seek in terms of posh digs and attentive service, and guests will want for nothing. Shopping is often a criterion for those seeking superyachts, so it stands to reason that it is a consideration in comparison. Monaco has haute shops in spades, with globally acclaimed designers and exclusive boutiques tucked into every niche. From Metropole and Fontvieille to Marché de la Condamine, it is a challenge to name an important designer without a presence or to find a luxury item not available here. Palm Beach, Florida, USA at Worth Ave. getty Palm Beach, however, has its own designer enclaves dotting Worth Avenue and in The Royal Poinciana Plaza. Kassatly's, Worth Avenue's oldest shop dating back to the 1920s, carries fine linens, luxurious sleepwear, and a cache of cashmere, situated among additional boutiques that rival in their niches. Boats may be the focus here, but other pursuits contribute to making both trips exciting. Monaco's cultural and entertainment menu is diverse, ranging from gaming at the Casino de Monte-Carlo, dancing at Nikki Beach or Jimmy'z, peeking at the Place du Palais, a bit of whale watching, a menagerie of museums, and a little jazz and a Condamine Champagne Cocktail at Le Bar Américain. Palm Beach is a little more casual but offers an eclectic menu. Options include brunch and a sporting match at the National Polo Center, golf at The Ocean Course at The Breakers or Niklaus Bear's Club, a show at Kravis Center, or jumping and equitation events at the Wellington International Equestrian Center. Both locations have lovely beaches. Palm Beach has lovely blue water along the Atlantic coast. Informa states that PBIBS has historically delivered a more than $1.05 billion economic impact to the Palm Beach region. MIAPBC Executive Director Alyssa Freeman stated, 'This year's record-breaking success has driven unprecedented revenue for local businesses, while also generating crucial funding for local nonprofits that strengthen the boating industry.' What hangs in the balance are the actual sales numbers attributed to the show, along with other more subjective stats like which show has the best array of yachts, or which offers the greatest value for exhibitors or buyers, not to mention which is more enjoyable or easier to navigate. The question remains, and the debate is far from over. As both shows continue to refine and improve, both are worth the journey. The 2025 Monaco Yacht Show is scheduled for September 24-27. The Palm Beach International Boat Show will be held March 25-29, 2026. See you there!
South China Morning Post
05-03-2025
- South China Morning Post
6 marinas around the world that are destinations in themselves
Champagne flows, mega yachts glide by and the high seas beckon with the promise of adventure – marinas are more than just a place to dock. From first-class facilities to spectacular locations, here are six that serve as destinations in their own right. 1. Port Hercules, Monaco The Monaco Yacht Show is one of the most prestigious pleasure-boat trade shows in the world. Photo: Reuters The ultimate in exclusivity, Port Hercules, aka Billionaires' Harbour, has long been a symbol of wealth and extravagance. Located in the heart of Monte Carlo , it has been Monaco's main anchorage since ancient Greek and Roman times. Formerly a fishing port and naval base, it has evolved into perhaps the most iconic superyacht marina on the planet. During the Monaco Grand Prix (May 23 to 25 this year), the marina transforms into a floating VIP lounge, with spectators in Zone 1 enjoying prime trackside views, although they pay heavily for the privilege: a berth for a yacht of up to 150 metres costs more than €150,000 (HK$1.2 million). Advertisement Port Hercules isn't just busy over the Grand Prix weekend, however. Throughout the year, royalty, rock stars, celebrities and sporting heroes dock their yachts at the marina, with the see-and-be-seen Monaco Yacht Show (September 24 to 27) another highlight of the social and maritime calendar. Besides luxury shopping, fine dining and casinos, for those who arrive without a boat, the city state offers the Oceanographic Museum of Monaco, whose more than 6,000 specimens can be found in the shark lagoon or on vibrant coral reefs. The rooftop terrace offers breathtaking Riviera views. 2. Sanya International Yachting Centre, China Sanya, Hainan province, has earned the nickname, City of a Thousand Boats. Photo: Xinhua Sanya's growing reputation as a sailing and marine tourism hub has earned it the nickname, City of a Thousand Boats. Designed as a destination for luxury yachts, the Sanya International Yachting Centre opened on the southern coast of Hainan Island in 2023. The marina provides more than 200 berths, with dedicated space for superyachts. Situated near some of China's most beautiful beaches , it is an ideal spot for water sports in addition to sailing. As well as fine dining, retail and leisure options, the centre offers less glamorous services such as yacht maintenance. The marina has hosted several high-profile events, including December's Boating Sanya, which featured about 200 ocean-going craft. But there's more to Sanya than sailing, not least the tranquil Nanshan Temple, with its stunning Buddhist statues, and white-sand beaches such as those in Yalong Bay. 3. ONE°15 Marina Sentosa Cove, Singapore ONE°15 Marina Club on Singapore's Sentosa island is a full-service sailing haven. A full-service sailing haven renowned for its commitment to indulgence with an eco edge, ONE°15 Marina Sentosa Cove was named after Singapore's latitude, about one degree and 15 minutes north of the equator. It offers berthing for yachts of all sizes along with a public area known as Quayside Isle in which the Cantonese WOK°15 Kitchen and other upscale dining venues keep visitors well fed. Recognised for its solar-powered lighting and water-recycling systems, ONE°15 embodies Singapore's approach to environmental marine sustainability. The port hosts events – the Singapore Yachting Festival will take place from April 10 to 13 – and exhibitions that highlight the latest advancements in the industry.
