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The ultra rich have long had a reputation for flaunting their wealth in the form of luxury mega yachts. However it is not only those who make up the very top of the earnings list that have long enjoyed the freedom, excitement and luxury that a yacht can bring. Many consumers turn towards the yacht charter business in order to enjoy the holiday of a lifetime. But for many years the luxury yacht business has been down in the doldrums. The effects of the credit crunch meant that levels of disposable income among those who enjoy the yachting lifestyle decreased and the knock on effects included less business for yacht charter, yacht builders and yacht brokers. However as the global economy recovers the yacht business has seen an uptick in purchases and charters. The popularity of the yachting lifestyle it seems is now stronger than ever. The question is – why do so many people find holidays while aboard luxury yachts so attractive and just who is powering the resurgence in the popularity of the yachting lifestyle?
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Traditional regions such as the Mediterranean and the Pacific, as well as the North Atlantic still draw huge numbers of people who want to live the yachting lifestyle to the full. However, new areas are also opening up that present the budding explorer with the possibility of a unique experience. Luxury yachts are now roaming the seas and oceans off countries like Vietnam and other destinations in Asia such as India. These destinations have traditionally been ignored due to the lack of proper berthing opportunities. However, governments in these areas have been quick to realise that the recovery of the global economy presents them with an opportunity to increase revenues and income by developing world class harbours and luxury yacht facilities. This development has been fast tracked and today there are a myriad of new opportunities for yachts people to explore regions which only a few years ago had effectively been off limits.
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Also powering the increasing success of yacht charter is the fact that previously unexplored areas are opening up to yachts. In regions like Southeast Asia for instance yachts are now plying the waterways off countries like Vietnam which until very recently did not boast infrastructure that could service the larger super and mega yachts. The increasing amount of infrastructure development and the availability of berths now means that not only the mega yachts, but also smaller variants that are available for charter can now explore the beauty and splendour of these new waters. Of course the traditional destinations in the Andaman Sea such as Phuket remain evergreen destinations, while the Pacific and North Atlantic (where Islands such as Bermuda can be found) remain some of the most popular destinations for those who want to enjoy the sheer pleasure of life aboard a yacht – whether it is a charter yacht or a one purchased for personal enjoyment. Other destinations such as the islands in the Mediterranean or the Caribbean continue to attract holidaymakers aboard luxury yachts in enormous numbers. However, even the increasing numbers of those who choose luxury yachts cannot change one simple fact – the seas and oceans offer the opportunity to get far from the crowds and enjoy a lifestyle second to none.
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For today’s consumer the most precious two assets are privacy and time. Luxury yachts provide the opportunity to enjoy the wide open seas while being isolated from the throngs of people that crowd luxury resorts across the globe. With yacht designers pushing the envelope of luxury harder than ever before it’s difficult to imagine why some people would prefer a land based option when planning their leisure time. A luxury yacht will allow the curious to explore the wider world around them without the limits of a shore based vacation. This is absolute pleasure at your own pace. Once you have smelt the scent of the open ocean and been provided with the freedom to travel and explore at your own pace it is unlikely that you will ever be satisfied with the boring land based vacations that are the norm.
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Unlike a resort or a beach house a yacht allows those who own or charter it unlimited freedom. Once you set sail the only limitation that you will experience is just how far you can travel during your chosen sailing hours. The freedom to simply drop anchor and dive off the side of the yacht into crystal clear waters and then enjoy an excursion to an island which might only ever have seen the presence of human beings once or twice is exhilarating. This is where you can be the master of your own destiny. Whether you want to barbecue fresh seafood in the setting sun or dive on a pristine reef, or even simply unwind from the stresses and strains of modern life then you owe it to yourself to explore the possibilities of the yachting lifestyle.