The yacht charter industry is growing, and the demand for yacht charters has increased dramatically in recent years. Some factors that have contributed to this growth include:
💸Rising wealth
The number of people with high net worth has increased, which has contributed to a rise in demand.
🚣Leisure and recreational sports
People are more engaged in leisure and recreational sports, which has increased demand for yacht charters.
🛳️Corporate tourism
Corporate tourism activities are also expected to contribute to the growth of the yacht charter industry.
The yacht charter industry is expected to continue to grow, with a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027.
The yacht charter season typically has two seasons: summer and winter. The summer season runs from May to October, and the winter season runs from November to April.