The superyacht industry is benefitting from the growing trends towards the water-based-sports marine tourism and leisure activities.

Superyacht industry growth. Covid-19 has obviously affected the economy of every country and region in the world but those with a heavy focus on tourism like Asia appear to be. As recreational boating and yachting resumes we discuss how Rolecs superyacht services can prepare you for the comeback of visitors to your destination. According to World Travel and Tourism Council in 2017 the international tourist and visitors spending increased by 79 from the spending of 2016.

While our industry is given to expect macro led up-trends and down-trends undulations that follow global economic health and especially sentiment amongst UHNW investors we are somewhat insulated more than other industries given the large means required to charter or to own a superyacht as most yacht owners can choose their timing to buysellcharter rather than whether they have the. The Global Order Book GOB BOAT Internationals annual survey of the superyacht industry has revealed that there are more superyachts measuring 100 metres or more in build than ever before and that the number of explorer yachts in build has also risen to a new high. Global superyacht market is expected to witness significant growth.

The Superyacht Agency can deliver comprehensive assessments of the industrys impact on local economies Whether its with guests on board during crew downtime or refit and maintenance periods superyachts will have a significant impact on the local economy they visit. As a result of the rise in billionaires who desire the sophistication and opulence of superyachts the superyacht industry is poised for. All of this adds up to a general feeling of long-term confidence in the superyacht industry particularly in the top builders of superyachts Italy Germany the Netherlands Turkey.

The global superyacht market is estimated to exhibit a CAGR of 53 over the forecast period. Image courtesy of Guillaume Plisson. Get up-to-speed with the luxury yacht industry with our authoritative superyacht market reports that detail brokerage sales superyachts listed for sale new yacht orders and luxury yacht deliveries.

Our latest market report. The future is bright for the superyacht industry in the New Asia. Sub 50-metre yacht segment is sold in highest numbers which is approximately 80 of new superyachts sold in 2017 How big is the Superyacht Market.

Often yacht owners use a yacht management company to manage the build of their superyacht. The conference is likely to go from strength to strength as the years pass by while the superyacht market itself is predicted to grow at a compound annual growth rate of 53 percent between 2018 and 2026. The pandemic has had a profound impact on the superyacht industry.