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If you're lucky enough to actually be able to afford one of these magnificent vessels, be prepared to dig deep. Owners are likely to spend at least 10% of the purchase price on the yearly cost of operating their yacht, so where does all the money go?
Written by 25 May 2021 | 09:45 (UTC) A buzz topic in the superyacht industry as of late is that the superyacht market in Asia has been booming. Claims of increased superyacht sales and a growing enthusiasm for yachting has led to what some are calling a ‘boom’. Curious about the true current state of the Asian yachting market, Kayla Dowling of SuperYacht Times spoke to yachting professionals across the vast region to unpack the current sentiment. Photo: Manson YimOur first finding is that data from our intelligence system SYT iQ supports the general trend that there...
SYT chats to yacht broker Julia Skoptsova, founder of Smart Yachts, about the Russian market and how brokerage has changed.