THE RISE OF YACHTING IN ASIA
new hotels , restaurants and clubs , unspoilt surroundings and safe anchorage to cater to every need .
“ For Princess Yachts , we are lucky to be able to offer turnkey services for our owners , especially after-sales and technical support for these luxurious and advanced motor yachts that we represent , as well as additional services such as yacht charter and dedicated yachts management to make the boating experience as hassle-free and enjoyable as possible .”
LOCALISED Although the luxury yacht market is starting to take off , there are striking differences between the Asian and
Western yacht markets . “ Chinese ultra-high-net-worth individuals tend to require less powerful motors ,” Yongsakul explains . “ They want larger indoor areas for corporate entertaining activities with smaller outdoor decks and fewer sleeping cabins and they like to be part of exclusive marina clubs . Not many want to have to pay over the odds with regards to import tax from Europe , but they are willing to spend significantly to hire a crew rather than managing their yachts themselves .
“ In the West , buyers tend to go for super yachts , which are faster and smaller in size ; along with more toys . Additionally , because
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