Yacht Charter Market: Potential Effect On Upcoming Future Growth, Competitive Analysis And Forecast 2019 - 2027
Transparency Market Research has published a new report on the global yacht charter for the forecast period of 2019– 2027. According to the report, the global yacht charter market is projected to reach ~US$ 25.5 Bn by 2027 , expanding at a CAGR of ~ 7% during the forecast period. Global Yacht Charter Market: Key Insights According to the report, the global yacht charter market is projected to witness major expansion owing to the emergence of luxury tourism across Asia Pacific. Shift of consumer trend from ownership to rental is anticipated to drive the yacht charter market. Newer business models are emerging regarding yacht charters, such as skippered charters or cruise style charters. Expansion of Global Yacht Charter Market The high cost associated with yacht ownership is encouraging customers to opt for yacht charter instead of buyouts. A yacht charter is a more economic travel scheme, as consumers pay only once during the usage as again...