Market Trends 2018-2024

• Greece Rises to No. 1 Destination in Global Yacht Chartering

Greece went from being the 3rd most popular yacht charter destination in the world in 2019 to becoming the number 1 destination in 2021, accounting for a whole 23% of the global market.

• A Significant increase in the Number of Superyachts

In recent years, we have seen a 20% increase in the number of superyachts available for charter in Greece. The number of charter yachts available for use in Greece is estimated to be over 170,000, where 6600 are for professional use. This number is expected to increase by 200-300 per year.

• Recovering from the Impact of Global Events

The US has played a key role in supporting the luxury yachting sector in Greece, covering losses caused by the Russia-Ukraine Conflict. Furthermore, according to SETE, travelers felt safer chartering a recreational yacht than engaging in other forms of tourism during the pandemic. This led to an increase in charter activity, in contrast to a radical decrease in other tourist sectors.

• Plans for Further Development of Infrastructure in Greece

Greece could generate up to 2.8 billion euros by 2031 through the development of 5,164 new berths in its marinas, as highlighted in data conducted by diaNEOsis’ study. However, despite the significant potential, many tourist ports are underutilized, with only 22% operational, pointing to challenges in investment processes and infrastructure management.

• More Luxury Yachts available Across Greece

Although predominantly concentrated in the Athens/Piraeus area, you will find luxury yachts available for charter in marinas all across Greece, including Thessaloniki, Chalkidiki, Skiathos, Volos, Mykonos, Corfu, and Rhodes.

How Well do We Know the Yachts?

We have First-Hand Experience

At DMA Yachting, we are proud to have a team of individuals who not only work in the yachting industry but also live it. Many of our brokers have extensive experience with yachts, either working onboard charter yachts or even living onboard, sailing purely for fun, in everything from bay races to circumnavigations.

Our team’s firsthand experience is crucial—it means we’ve been in the shoes of both the crew and the clients. We understand the nuances of life at sea, which drastically differs from life on land.

We Know What Questions to Ask

Understanding how yachts operate also allows our brokers to ask the right questions and spot the finest details during yacht inspections. This inside knowledge ensures that we know precisely what to look for, whether it’s gauging the quality of the onboard amenities or evaluating the professionalism of the crew. Our brokers aren’t just checking boxes; they’re assessing how each element contributes to the sublime experience our clients expect.

All our Brokers attend several yearly yacht shows

Participation in yacht shows is fundamental to our approach. By engaging directly with crews and industry professionals at events like the EMMYS and MEDYS, where our presence was notably strong this year, we exchange ideas, gather insights, and forge great connections. These interactions are invaluable as they allow us to refine our understanding of market trends and client expectations continuously.

This year’s yacht shows have been particularly inspiring, showcasing more and larger yachts, each maintaining exceptionally high standards of service. Our team returned with notebooks brimming with new knowledge, ready to apply these fresh insights to benefit our future clients.

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