about 20 years ago
The high-end yacht market is largely immune to economic cycles and other market idiosyncrasies. The growth in the number of wealthy people — potential buyers — continues to outpace the expansion in production, Smith says. Demand for super yachts is so strong, says Smith, that some wealthy shoppers a
The high-end yacht market is largely immune to economic cycles and other market idiosyncrasies. The growth in the number of wealthy people — potential buyers — continues to outpace the expansion in production, Smith says.
Demand for super yachts is so strong, says Smith, that some wealthy shoppers are paying a premium to buy yachts already under construction from the slot holders who commissioned them to reduce their wait.
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