Thailand sees yachting lifestyle boon: Imports US$45m in luxury yachts

Thailand sees yachting lifestyle boon: Imports US$45m in luxury yachts

January 21, 2018 0 By WFTV

Phuket-based Boat Lagoon Yachting made history in the region’s yachting industry with the importation of the largest single shipment of luxury yachts, worth over B1.4 billion (US$45m).

Boat Lagoon Yachting Managing Director Vrit Yongsakul said the region is seeing a surge in interest in the yachting lifestyle, especially in Thailand.

“It’s largely being driven by the appeal of the absolute privacy that luxury yachts provide an owner together with giving the owner an ability to reach beautiful and uncrowded beaches, and at any time at the owner’s pleasure.

“Because of the level of comfort and luxury of modern yachts, it’s like taking your own condominium with you, complete with living room, kitchen and bedrooms,” Mr Vrit said.

The shipment comprises nine luxury yachts manufactured in the United Kingdom by luxury yacht builders Princess Yachts, in sizes ranging from 62 feet to a superyacht of over 100 feet, reported The Phuket News.

“This very large shipment helps further solidify Boat Lagoon Yachting’s position as Thailand’s leading importer of luxury yachts and one of the largest in the region,” said Boat Lagoon Yachting Vrit Yongsakul.

“It adds to the 200 boats we already have in the water throughout the region, giving us the economy of scale to further invest in the most comprehensive after-sales and maintenance facilities,” Vrit added.

He also pointed out that global experience shows that the yachting lifestyle increases in popularity as a country’s per capita GDP approaches US$10,000 –

and with Thailand’s per capita GDP now at around US$6,000, the sport is seeing rising interest.

The company now has nine offices in five countries, including Malaysia, Indonesia, Singapore and the Maldives, as well as five branches in Thailand in Bangkok, Pattaya, Krabi, Koh Samui and Phuket.