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The really rich have long had the reputation for displaying their prosperity in the form of luxury huge luxury yachts. However it is not simply those who make up the top of the earnings list who have long enjoyed the freedom, enjoyment and extravagance that a private yacht can bring. Many consumers turn towards the luxury boat rental business to be able to enjoy the holiday getaway of a lifetime. However for a long time the luxury craft industry has been down in the doldrums. The negative impacts of the recession meant that levels of disposable income among those who enjoy the yachting way of life diminished and the knock on effects included less business for charters, contractors and agents. However while the global economy recovers the private yacht business has witnessed an uptick in transactions and charters. The popularity of the luxury lifestyle it seems is now stronger than before. The question is – why do so many people see holidays while aboard luxury yachts so desirable and just who is responsible for energizing the resurgence in the rise in popularity of the life-style?
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It’s not so long ago that the world experienced a credit crunch and global fiscal crisis that has been characterised as one of the worst global crisis in history. Stock markets fell and those who had formerly enjoyed incomes in the top 10% of the world’s population came under enormous pressure to cut back on some of the their investments. For many of this mega rich one of the investments that they had in their portfolio was a yacht. Others they were actively investigating yacht sales. So obviously in that sort of fiscal environment yacht sales plummeted. However – the world has moved on from there and today yacht sales are reaching levels that the industry enjoyed in the mid 80’s.
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It’s not only the yacht broker who has begun to smile for the first time in years – those involved in yacht design are also beginning to see business pick up rapidly. The increasing numbers of yacht buyers mean that requests for custom hulls, finishing’s and furnishings are increasing on a monthly basis. Yacht designers are seeing requests for all sizes and types of luxury yachts increase. From Mega Yachts and Super Yachts to smaller models sales are steadily creeping upwards. Sales of previously owned yachts are also on the increase. With many yacht owners having to cope with the credit crisis meant having to dispose of non-core assets. Although this is changing those is search of a yacht for sale may find that there are bargains to be had when they’re looking for yachts for sale.
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For those who choose to engage is yacht charter one of the most difficult decisions to make will be which part of the world to explore. There are a number of very mature leisure markets that have been satisfying the requirements of the yacht fraternity for decades. Amongst the most mature of these are the islands and mainland’s of the Mediterranean region. This region remains one of the most popular destinations for those who choose yacht rental. The area around the Greek Islands for instance has probably featured in more classic movies than any other yachting destination in the world – and this high visibility has translated into it becoming one of the global hotspots for yacht charter. The infrastructure in that part of the world is exceptional and the wide variety of choose when it comes to choosing a berth for the night is also a factor in attracting hordes of yachts to the area. The sheer number of destinations in a relatively small area also makes chartering a yacht to explore the Mediterranean an incredibly popular choice for even those new to yacht charter. In fact it’s not only the Greek Islands that attract charters – it’s also the mainland’s of countries such as Spain and Portugal, as well as destinations such as Montenegro that make it such an exciting place to simply lie back and explore at your own pace – something that is made possible when you can choose your own agenda aboard a charter yacht.
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There’s something magical about exploring while on-board your very own yacht charter vessel. You travel at your own pace and enjoy the company of friends and family. You are pampered in the very lap of luxury by a crew that is simply completely devoted to making your every dream come true. Each evening brings a new experience. Fresh seafood from the abundant reefs where anchoring reminds one of the tales of ancient explorers, new people who offer fascinating insights to the region – or simply the opportunity to throw off the worries of the increasingly pressurised lifestyle that so many of us are faced with. These are only some of the attractions of chartering a luxury yacht. The other joys of this sort of travel are almost too numerous to mention. In essence yacht charter allows us to return to a simpler time when becoming used to the rhythms of the natural world was the only way to really explore. A yacht charter is not for those who want the rigid tour guide driven experience (although your crew will know the area like the back of their hands). This is a way to enjoy leisure time without that ever present worry of sticking to a schedule that is dictated by someone else. In fact yacht charter could be called the last, great way to enjoy the natural world as it should be enjoyed, in the lap of luxury and at your own pace.