The Week

The new mood in Cannes and Cheltenham

- Simon Goodley

In the aftermath of the Presidents Club charity dinner scandal, the corporate hospitalit­y industry has been working itself into a “heightened state” of anxiety, fearing that it may once more be linked with displays of boorish sexism, says Simon Goodley. Two big tests took place this week: a gathering of the property industry in Cannes for the annual Mipim junket, and the Cheltenham racing festival – both booze-fuelled events at which participan­ts have traditiona­lly let it all hang out. The bookie and race sponsor Sky Bet is attempting to set the tone at Cheltenham this year by abandoning the use of “walk-in girls for promotiona­l uses”. Instead, it intends to offer the Injured Jockeys Fund the chance of walking in the winner in the first race. City firms, meanwhile, “have been warning attendees about their conduct”. The organisers of Mipim have been even more specific, stating “reassuring­ly” that “under no circumstan­ces does Mipim register prostitute­s”. Quite a change from the days when the gathering was reportedly “full of leggy blondes with broken English and not even a passing interest in real estate yields”.

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