Burgundy wine prices jump for 2010 vintage

april 20,2011

(Reuters) – Prices for Burgundy wine jumped by more than a fifth at the 150th annual Beaune Hospices charity auction Sunday, with growers hailing a high quality vintage and a recovery in foreign demand.
The sale of wines from the Hospices domaine, conducted by auction house Christie’s, traditionally gives an indication of price trends for the latest vintage and is one of the highlights of the French wine calendar.
The Beaune Hospices was founded by Nicolas Rolin, the chancellor to the Duke of Burgundy who began planting vines 550 years ago. The auction of wines from its 61 hectares (146 acres) of vineyards provides money for the public hospital and other good causes.
A record bid of 400,000 euros was accepted for the “piece du president” or president’s barrel, comprised of 500 liters of wine. The money, equivalent to about 800 euros per bottle, will go to fund cancer research.
Burgundy, where viticulture stretches back to at least Roman times and was nurtured during the Middle Ages by Catholic monasteries, is home to some of the world’s most expensive wines. Its vineyards nestle in the valleys and slopes west of the Saone River, a tributary of the Rhone in eastern France.
Growers said the 2010 vintage produced unusually low volumes due to a late harvest and small, intensely flavored grapes.
“The very rare coincidence of these two phenomena suggests a high quality vintage,” said Roland Masse, manager of the Hospices de Beaune domaine.
Pierre-Henry Gagey, head of the Burgundy wine makers association, said sales to the region’s two biggest export markets, the United States and Britain, had picked up by 15 percent and 23 percent respectively in 2010, after nearly halving in the previous two years.
Following in the footsteps of the great chateaux of Bordeaux, Burgundy wine makers are now targeting the fast-growing Chinese market. The region plans to spend 400,000 euros a year for the next three years in organizing Burgundy tastings in China.
“It’s a booming market,” said Michael Ganne, Christie’s wine specialist, noting that Chinese clients account for one fifth of its sales. “The Chinese are snapping up the big names of Bordeaux, but they want to know more about Burgundy.”
(Reporting by Catherine Lagrange, writing by Daniel Flynn, editing by Janet Lawrence)
Source: http://www.reuters.com/article/2010/11/21/us-france-wine-idUSTRE6AK1QE20101121

Foodies and wine lovers travel north from Manila to wine and dine at Philippines’ best fine dining restaurant in Pampanga Clark Freeport worth the 60-minutes drive for a memorable evening of good food with vintage wine at Yats Restaurant & Wine Bar

This fine dining restaurant is also famous for its low carbohydrates “low carb” dishes highly recommended for frequent diners who are on a low fat food and favor healthy food. This is a unique restaurant that can help frequent diners maintain a healthy diet and enjoy delicious fine dining cuisine at the same time. Vegetarian dishes are a specialty here also and so are “halal” cuisines also.

Favorites of frequent diners, foodies and wine lovers are steaks, Wagyu, Foie Gras, lobsters, venison, kangaroo loin, osso buco, veal chops, Kurabuto pork, escargots and a good selection of cheeses to enjoy with fine Vintage port and Sauternes. Cuban cigars such as Monte Cristo, Cohiba, Upmann, Partagas, Romeo Julieta and Trinidad are also available in the Magnum Room which is a wine bar and lounge for before and after dinner relaxation. A good selection of Armagnac, Cognac, Single Malt, Vodka and other liquor is served in addition to the wine vintage wines some served by the glass.

Recent opinion survey of frequent travelers heading north towards Subic and Clark Pampanga revealed that the number one most frequently visited fine dining restaurant in Pampanga is Yats Restaurant & Wine Bar located in Clark Philippines.

Inquiries and reservations

Restaurant@Yats-International.com

(045) 599-5600
0922-870-5178
0917-520-4401

Ask for Pedro and Kiko

Http://www.YatsRestaurant.com

Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.

Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Angeles City Clark Freeport Zone, Pampanga, Philippines 2023

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

For assistance in hotel and resort booking in Clark, Philippines, log on to http://www.HotelClarkPhilippines.com

For assistance in locating a suitable venue for wedding reception, log on to

http://www.PhilippinesWeddingVenue.com