MYS 2023: IYC Insight into Diverse Yachting Markets

Appointed CEO of IYC Yachts after last year's Monaco Yacht Show, Raphael Sauleau gave us an insight into the company. He spoke on the interesting way the company is structured, and the different locations of the offices, as well as the positive news that almost all the divisions within IYC have grown.

Sauleau commented on his team: ‘It's a great team: very young, energetic, dynamic and motivated so we’re really having fun.’ This enthusiasm has translated into the company's success, with IYC Yachts now being the leader in charter management, with 150 yachts. The firm had three yachts on display at the Monaco Yacht Show 2023, along with events onboard and a new lounge at the show. 

Speaking on the American market, Sauleau recognised how it is, and always will be, the driving force in yachting. With speculation of the Chinese market growing, IYC’s CEO acknowledged Hong Kong to be ‘the gate’ to this new market, yet it is far from becoming a significant market within the industry. 

With regards to charter, Greece has taken leadership as a superyacht destination, but Sauleau also expressed his intrigue towards NEOM and the Red Sea projects that are currently underway, considering them to be alternative destinations for yacht charters, closer for those who do not wish to travel to the USA and Caribbean. 

Sauleau discussed the uniqueness of the Monaco Yacht Show itself; he commented, ‘that’s what makes the Monaco Yacht Show so special and so different: you have the boat show, you have the events, and you have the parties.’ The CEO’s enthusiasm towards the show is the perfect representation of his enthusiasm for IYC Yachts, and the industry as a whole. 

Watch the full interview above to find out more.