Monday, March 19, 2012

Super Yachts Are Still A Big Seller In Dubai

The Majesty 105 is the latest in a series of revolutionary concepts created by Gulf Craft. It represents both, the degree of engineering, design and technological sophistication already achieved by the company during its three decades in the business as well as its ability to anticipate and meet the need for striking new superyacht concepts tailored to diverse cruising needs. Super Yacht Times

In Dubai, The More Super The Superyacht, The Better -- MSNBC

The boating industry may have had a few rough years since the days of 2007 and 2008, when banks loaned money more freely, but there’s one place where the luxury yachts continue to grow more super.

The BBC reports that Dubai, currently hosting the Middle East’s biggest boat show, has seen an increase in the type of boats that are selling – small boats and super yachts. In fact, the average size of super yachts -- luxury yachts that are privately owned and professionally crewed -- has increased to 150 feet from 143 in 2009.

Read more
....

My comment: Never a recession for those rich arab sheiks.

No comments:

Post a Comment