One such example is the subsidy of a 35% discount on the participation fee for all exhibitors from the Balearic Islands. In addition, the Balearic Government's Ministry of Trade, Industry and Energy is drawing up arrangements whereby all craft that are sold at the Palma Boat Show to Balearic residents will receive a discount of 35% on the cost of registration. This measure was put into practice during the Barcelona Boat Show last year, and proved hugely successful. The Palma Boat Show organisers say they have great enthusiasm for this proposal as it is an initiative that directly benefits both buyer and seller at one and the same time.
In spite of this being a difficult year for the Balearic Islands, the Palma Boat Show is profiled as being an important commercial and dynamic date in the nautical calendar in that it is an event for direct sales, favouring the last-minute buyer. In addition and also worth highlighting is the fact that the show offers a great opportunity for exhibitors to sell off stock, one of the major problems facing the leisure marine sector.
Palma International Boat Show continues with its unconditional support of children's sport, as is demonstrated in the agreement reached a while ago with the Balearic Sailing Federation, resulting in all members now having free access to the fair site. Furthermore, the organisation of a series of promotional regattas is also planned.
Meanwhile, this year's show will enjoy the participation of various sailing associations such as ANAM (Association of Mediterranean Seagoing Yachtsmen and Women), which takes in the ocean-going circuit with regattas such as the Ruta de la Sal and the Ruta de la Tramuntana, amongst others.
The Palma International Boat Show is in the middle of a remodelling phase, enabling the gradual improvement of its facilities. Furthermore, the event management is reorganising a plan that will make an outstanding new site possible and ready for 2011. The show setting will have changes in its infrastructures that will affect both the land area as well as the floating exhibition part of the site.
However, the Palma show is making its greatest efforts for this exhibition to become ever more consolidated in the area of Superyachts. A key objective on which work is being carried out is getting a dedicated Superyacht Show up and running, which will host a display of large luxury craft under the name of 'Palma Yacht Show'. The proposed organisation of this event lies with Fires i Congressos de Balears, the organising body of the Palma International Boat Show, along with the Balearic Port Authority, and Mallorca Chamber of Commerce. Working with the Informa Yacht Events Group, organisers of the Superyacht shows in Monaco and Abu Dhabi and the Palma Superyacht Cup, the Palma Yacht Show will then form part of a world circuit for yachts measuring more than 35m in length.