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Last updated : Nov 2007
Cannes Business Profile
Cannes business profile - Cannes TravelPuppy
Cannes is France’s second most important destination, after Paris, for business travellers. In terms of attendance, the city is second worldwide, after Hong Kong, for congresses. Cannes’ economy relies almost entirely on the combined revenue of business and leisure tourism.

The only other significant industry is the space industry. With the exception of the headquarters of the space industry branch of Alcatel, the small town of Cannes does not host major international companies. These are instead based nearby at Csophia Antipolis, Europe’s ‘Silicone Valley’, located between Cannes and Antibes and includes the high profile top French Schools (Grande Ecoles), Air France and the Nice Academy.

The surrounding department’s level of unemployment fixed at 10.4 per cent for the Alpes-Maritime is slightly in excess of the national level at 9 per cent but nonetheless offers the lowest level in the Provence-Cotes d’Azur region, which stands at 12.04 per cent. The region as a whole shows a year-on-year decrease in unemployment levels.

The key business venue is, of course, the Palais des Festivals et des Congrès, within easy walking distance of the major hotels, which welcomes the major international markets. The exhibition area, the 24,000 sq metres (258,000 sq ft) Espace Riviera, is situated on a triangular site to the south of the Palais des Festivals, overlooking the sea. The building comprises a rotunda, suited for gala dinners, cocktails and shows, and a large exhibition hall. With this new development in place, Cannes has ensured its standing as one of the three largest conference and exhibition centres located in Europe. The whole town is geared towards receiving business visitors, with restaurants, 19th-century villas, yachts and even beaches adapted for corporate entertainment.

Business Etiquette

Business in Cannes is a formal affair. It is customary to address colleagues by their surname, although locals used to the international business community are not offended, only slightly embarrassed, if addressed by their first name. Business cards are vital and even leisurely southern France expects colleagues to arrive promptly. Due to (sometimes) good-natured rivalry, praise of the capital, unless one’s colleague is from Paris, should be avoided. However, it usually pays to praise the benefits of the Côte d’Azur. Business attire tends to be smart and chic – light suits are a must for the hot summer months.

Standard business hours are 0830-1200 and 1430-1800.

Lunch meetings are common. Socialising after work does not take place all that often or readily in the Cannes business community.