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Yachts

Some Covid purchasers are selling

Several years after a buying frenzy, the yachting industry is seeing a sudden rush of pre-owned yachts hit the brokerage market.

By: CNBC
  • Nov 01 2024
  • 8
  • 39 Views
Some Covid purchasers are selling
Some Covid purchasers are sell
Some pandemic-era yacht owners are headed back for dry land. The pandemic spurred a "massive spike" in yacht sales, said Richard Allen, chief operating officer of the Hong Kong-based yachting company Simpson Marine. "We've seen a lot of those people,... [2971 chars]

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