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With the financial crisis receding into the past the international luxury yacht market is staging a comeback. Whereas the past decade had seen both luxury yacht rentals and purchase come under pressure due to the credit crunch today it is slowly but surely reaching levels last seen in the 1980’s. While many traditional buyers and rental client markets were stagnating (although now recovering) new entrants of both buyers and renters are helping to buoy the market. Increasing levels of affluence among Asian consumers and a new sense of optimism in certain Middle Eastern markets (amongst these Dubai where the property market is an excellent indicator of increased enthusiasm) have meant that large numbers of aspirant buyers are now bringing new excitement to the activities of yacht brokers. Many of these buyers have not been exposed to the yachting lifestyle and also have a desire to explore regions that were previously not part of their leisure and holiday planning. These aspirant buyers (and those who wish to rent yachts) are now ready to explore traditional yachting destinations such as the Caribbean and the Pacific, as well as the immense beauty of destinations closer to home such as the islands that can be found in the Andaman Sea.
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The increasing numbers of those in search of the perfect holiday experience is revitalising the popularity of yacht charter as a luxury travel option. It’s not only the increasing amount of wealth that is powering the industry – but also the undoubted attractions of the yachting lifestyle. The great news is that yacht rental does not only appeal to the ultra-wealthy. The sheer choice in the types of yachts that are available is staggering and even those with a slightly more limited budget can enjoy some of the most beautiful places on Earth. The yacht rental option is extremely attractive due to the fact that those who want to have all the advantages of this sort of luxury travel, but none of the immense overheads that are part and parcel of owning a luxury yacht can also enjoy the stress free freedom of the open water.
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Today the opportunities to take in some of the most scenic and magnificent natural beauty in the world by chartering a luxury yacht are almost too many too mention. Those who want to explore the traditional sights and sounds of yachting destinations that have stood the test of time can still set their sights on destinations such as The Thai Islands or the Mediterranean. These destinations boast incredible infrastructure and have been favourites with those who make yacht charter their chosen way to travel and explore. Exceptional berthing locations and top class service while either on board or visiting the islands or mainland are the order of the day. If you want to rub shoulders with the rich and famous chartering a yacht to a destination like the South of France is just what the doctor ordered.
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Many buyers of large luxury yachts are bitten by the wanderlust that can only be satisfied by enjoying the semi nomadic lifestyle that yachting provides. However this is not to say that those purchasing one of these magnificent vessels will be slumming it while exploring the world. New yachting friendly developments are springing up in regions that until now had not been the focus of yachting itineraries. The berthing opportunities and onshore developments in countries in Southeast Asia, such as Vietnam are now attracting more and more curious yachting folk – and more are opening up all the time. This has allowed investors to enjoy some of the most magnificent yachting in the world wherever they may be based and has been welcomed by the many people in that region who are interested in luxury yachts for sale. At the same time the popularity of traditional destinations like those off the coast of Thailand and Malaysia remains extremely high. The attractions of places like the Bahamas is also undimmed and new destinations off the coast of the United States are also becoming available – even Cuba is once again greeting increased numbers of yachts. Add to this the fact that onshore facilities allow those who are enjoying the yachting lifestyle to also enjoy five star treatment when they go ashore and you have the perfect recipe for a luxury holiday that will suit even the most jaded of traveller.
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Today those who are looking to purchase a yacht are eager to explore brand new places. Just as the Mediterranean and the Indian Ocean challenged people to explore and discover throughout history today a whole new breed of explorers is opening up other oceans and seas to provide an opportunity to explore even more mysterious and fascinating lands. From the most beautiful islands off the coast of Vietnam to the ancient Black Sea ports and even further afield off the coast of Africa people who have purchased yachts are the modern day equivalent of the explorers of old – with one major exception. Rather than surviving on stale ships biscuit and a small measure of rum each day they are now exploring in the lap of luxury. These explorers have a crew of dedicated and sea wise people who are willing and able to fulfil their every wish. If it is fresh seafood caught in pristine waters they will provide, if it is something as simple as a cool drink or a snack they will be on hand.