Portofino
Well-Known Member
Its gonna be a un level playing field , not quite as simple as watching your competition.They must be
They must be pushing up their prices in line with Port Vauban then. I guess if all the major marinas on the Côte d’Azur increase their prices together they can make those prices stick
Think I have mentioned this before briefly at the end of the leases Paris ( the state actually own the coasts ) has slapped in development amount going forward.
This amount is based basically based on what needs building / updating , or should have been done .
So the ones that did the least redevelopment / upgrading while they had the concession , for what ever reason now have been forced to spend .
I saw the list a while back .La Napoules is tiny virtually none existent because we have been working with the mayor and upgrading for over a decade . In return have been given added years 10 to 2029 end of .Covered by berthholders paying higher maintenance fees pro rata berth size .
Perspective wise here are some ball park numbers .
Port Vauban Figure is waaaaaay OTT @ circa €120 M over i can,t remember the exact time scale .
This €120 M has to be found from the berth holders and the Mayors office , works / upgrades planned are huge - sailing school , hotel complex , pool(s) , shopping mall , more marina restaurants etc etc .The whole area is going to get a make over .
The arguments are the concessionaires should have done something , anything during there tenure . They did knack all , well that what the powers that be in Paris think .Now it’s payback time and the berth holders are sitting ducks
Others range from sensible when amortisation amongst berthholders figures of €5M to 35 M as a comparison for infrastructure improvements .
Not sure what BsM s was mid to low table iirc , but there is some , certainly was not in the upper quartile .
It all depends how much they spent ( via berth holders ) during there tenure a complicated formula, part mayors involvement, part regional maritime council , part Paris the gov .
Then whats perceived by the above needs doing .
Huge variations thus the normal economic berth fees modal is distorted.
Explains what you see right now .
Could be a race to the top perversely with PV setting the marker ? Dunno depends on demand .
Previously the concessions were run as none for profit societies by berthholders for berthholders.
Now as the concessions end they drop into the locsl gov - mayors offices clutches , with all that that entails .
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