Burgess

Navigating Your Luxury Yachting Dreams With Precision

Written by Georgia R. Byrd

The superyacht industry is forging
full steam ahead despite the current global credit crunch. According to superyacht specialist Burgess, last year proved to be one of the best years in history for overall sales and market share. Inventory is short, shipyardorder books are filled for the next three to four years, and pre-owned yachts are holding their value because there are simply more buyers than ever before.

 

In fact, there are almost 450 yachts afloat worldwide in the “165 feet and larger” category. About 120 yachts in the same category are currently under construction for delivery before the year 2011. This translates to an almost 30% increase in this sector of the market within the next three years.

 

“It’s staggering how many people are still entering the market,” says Tim Wiltshire, brokerage director at Burgess’ London office. “Once people are in the superyacht game, once they own a yacht, they are unlikely to leave.” Burgess Chief Executive Officer Jonathan Beckett says this growth pattern will continue: “The highest-networth market is growing at nearly 8.2% a year, so there are simply more people with
the means and desire to own a superyacht.”

 

"Many of our clients are regular charterers, returning year after year, secure

in the knowledge that all their requirements will be matched toperfection

and will be handled with both discretion and confidentiality."

-Neil Hornsby, Burgess Charter Director

 

Indeed, the rising wealth of emerging nations continues to translate into personal investment in high-value luxury yachts. Much of that value begins in the concept of charter vacations, where prospective owners can sample the luxuries of yachting before they invest in it long-term.

New to yachting? Sail with Burgess
The Burgess yachting experience begins with a salute to “The World’s Billionaires,” a breed of worldwide visionaries who seek the perfect excursion that a Burgess charter experience can render.

Burgess professionals are standing by in offices around the world to cater to the billionaire yachting experience. Their expertise began more than 30 years ago, and in addition to charter and sales, there are specialist divisions dedicated to new construction and operational management of superyachts from 130 feet (40 meters) and up.

Whether your adventuresome spirit urges you to explore a deserted island paradise in the Bahamas or snorkel among ancient ruins in southern Turkey, your charter yacht experience will grant you total freedom of choice. Request the Burgess 2008 Superyacht Living & Style publication today, through which you will be inspired to travel to phenomenal destinations aboard the world’s most glamorous yachts.