Single Cruises 30

Global demand for private luxury yachts has been increasing steadily over the past five years. Marinas are at saturation point in many parts of the Mediterranean and the Caribbean, including Egypt, experiencing a rapid increase in the evolution of Red Sea marine. This growth is due to the increased demand for recreational boats ever seen.
The recreational boat ownership is currently an international industry of 25 billion U.S. dollars and sales are growing annually by 5-10%. According to Showboats International, a publication that tracks vessel construction, in 1993 the world had less than 700 private owners with boats over 24 meters (79 feet). Currently, an estimated 7,000 yachts over 24 meters (79 feet) in use.
Another indicator of strong growth in industry luxury yacht is the ability to "flip". With waiting lists of up to three years for luxury yachts in the U.S. and Europe, the yacht is flipping becoming a
profitable for employers who commit a ship and sell it before completion.
Why is ownership of yachts Luxury vacation trend of yacht growing? There are several reasons.
1. People can live free from taxes through 'offshore' residence on a yacht, cruising the world and engaging in exotic, exciting locations such as Porto Cervo Marina on the Costa Smeralda in Sardinia, Marina Frapa in Croatia, Port Hercule in Monte Carlo and Emerald Bay Marina in the Bahamas. The ownership of the yacht at sea is in a place of registration. 2005 Show Boat International Global Order Book indicated that increasing year was equal to the total number of orders for 1995. That's an increase of $ 1.2 billion in sales.
2. Baby boomers waste their money on trips as a way to enjoy retirement, wealth, relative youth and demonstrate that they are still intrepid explorers. "Baby boomers "Many already have everything you could want and now that demand for experiences rather than acquisitions. DYG social research survey marketing company of the status symbols highlights this. "The trip is the number one way to express non-materialistic success," says DYG President Madelyn Hochstein, "and for the older set is also a way to express the youth and vitality."
3. Yacht chartering now heads the list of the most expensive and more popular activity for people with a net worth of over U.S. $ 10 million. In a survey of spending habits of 198 millionaires by Prince & Associates for Elite Traveler magazine, summer holiday spending in 2007 was 56% in 2005. In particular, spending on private yacht rental cost on average $ 384,000 U.S. per family this summer with the freight cost between $ 200,000 - $ 250,000 per week. This is part of a growing trend among the rich of 'experiential excursions "that offer more than just a vacation for tourist excursions. As with most trends, which are now experiencing the rich upper middle class aspired to in the coming years. The yachts may not be as large, but it adds further demand and sailing marina and industries to meet the demands effort of the rich. Expect prices of yachts and the cost of marina berths to continue to rise.
4. There are at least two dozen Russians now worth at least $ 1 billion, according to private bankers, and thousands of new Russian multi-millionaires have been created in the last five years. Roman Abramovich, the 11th richest person in the world according Forbes, typifies the growing reputation of the Russians as the world leaders in conspicuous consumption. The mega-rich Russian has commissioned a new yacht, the Eclipse, being built under a veil of secrecy in Germany, at a cost of around U.S. $ 300 million. The yacht broker say at least 20% of the company to new vessels over 200 meters is Russians - more than any other country including the U.S..
Since Mike Kelsey, of the builders of the world's leading luxury yacht Palmer Johnson Fort Lauderdale, said: "There are yachts being built for hundreds of millions of dollars and I think we have not yet outcry. Although I am told that there comes a time on a yacht is no longer a yacht, is certainly a boat! "
Cruise: I am a single man. Some singles cruises have more women than men. I abhor a cruise with children. Ideas?


