ADVERTISEMENT

Vive la France! 72nd Cannes Film Festival Draws in the Yachts

The Cannes Film Festival has drawn the who’s who of the film industry, along with their yachts ... lots of yachts.

Vive la France! 72nd Cannes Film Festival Draws in the Yachts
Luxury yachts and other boats sit moored in Cannes harbor during the Cannes Lions International Festival Of Creativity in Cannes, France. (Photographer: Simon Dawson/Bloomberg)

(Bloomberg) -- The Cannes Film Festival, which kicked off May 14, has drawn the who’s who of the film industry, along with their yachts ... lots of yachts.

Vive la France! 72nd Cannes Film Festival Draws in the Yachts

France led all countries in monthly gain of super yachts in May, rocketing to the top of the leaderboard. Sixty-eight additional super yachts sailed to the French Riviera, bringing its overall total to 186. It was enough to say au revoir to the U.S., which fell to second place.

Vive la France! 72nd Cannes Film Festival Draws in the Yachts

The Mediterranean yacht season is in peak form.

Italy, Spain, and Greece all saw impressive gains in month-over-month change and the trend is expected to continue. A Mediterranean country topped the super yacht leaderboard every month from May to October last year.

Expectations are for Italy to seize the yacht count "Palme d’Or" next month, as the Cannes partygoers sail to their next favorite summer retreats.

To contact the reporter on this story: Kevin Varley in Washington at kvarley@bloomberg.net

To contact the editors responsible for this story: Joshua Robinson at jrobinson37@bloomberg.net, Chris Middleton

©2019 Bloomberg L.P.