The London Yacht Show has been cancelled indefinitely amid political instability and commercial uncertainties, organizers said.
The event had initially been postponed this year.
“Following postponement of the 2019 London Yacht Show, its organizers, UBM (UK) Ltd have reviewed plans for a 2020 event and with the political instability as well as other economic and commercial uncertainties, have taken the difficult decision to also postpone an intended 2020 event until further notice,” said Andrew Williams, maritime president for Informa Markets.
“In outline, we are not confident there is the commercial viability for the event in the vision — size and scale — we had for it,” Williams told Trade Only Today.
“The 2019 planned event did not gain the take-up it needed and as very little has changed in the UK since then, we have no reason to believe there will be for 2020,” said Williams. “We felt it was important to be open and clear with the industry so that they can decide on their promotional plans next year in the knowledge we are not producing a London Yacht Show.”
Informa will review the position later next year and include what other activities are in the market for 2021, said Williams.