Economic Impact of Superyacht Charter in the Balearics, 2018 (March 19, 2018)

For the fifth consecutive year the Asociación Española de Grandes Yates (AEGY, Spanish Large Yacht Association) has prepared a report to track the development of the large yacht charter market in Spain. The Spanish charter market has seen impressive growth since law changes to stimulate the sector in 2013. The number of registered yachts has multiplied by 5 and income (VAT and local expenditure) has multiplied by 10.
However, 2018 saw a dip in numbers, with an 8-9% decrease in yachts registered for charter compared with 2017. The AEGY considers that the superyacht sector still has room to grow and with that in mind proposes some measures to allow Spain to compete with other Mediterranean destinations.

https://www.onboardonline.com/industry-article-index/charter-and-brokerage/economic-impact-of-superyacht-charter-in-the-balearics-2018/

Economic Impact of Superyacht Charter in the Balearics, 2018

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