2021 saw more than double the yacht sales.

Covid pandemic sparked a "massive spike" in yacht sales, according to Richard Allen, COO of Hong Kong-based Simpson Marine. As people bought yachts during the pandemic, many are now selling them as they return to travel. Paolo Casani, CEO of Monaco-based yachting company Camper & Nicholsons, said the industry sold more than double the yachts in 2021 compared to 2019, and these boats are now entering the market.

April 30, 2024
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