Bookings for superyachts through Fischer Travel Enterprises, where Fischer-Rosenthal is president, have spiked 20% this year from already high levels in 2021, a trend also seen by other companies chartering out luxury vessels that can come with all the frills from Michelin-starred cuisine to cinemas and submarines.
“Yacht charters are very popular because our clients want the privacy, security and flexibility that it gives them,” Fischer-Rosenthal said. Her company charges $150,000 just to join its members-only service, through which superyachts can be chartered anywhere around the world. “They want to have a luxurious experience.”Americans are a growing client base, helping to fill gaps left by wealthy Russians who aren’t traveling as much due to restrictions following the invasion of Ukraine.
Fraser Yachts, which sells and manages superyachts as well as arranging charters, booked nearly 500 private trips in the first half of 2022, according to Director of Marketing and Business Development Mark Duncan. Bookings are up 32% from last year, and again most of the growth is being driven by Americans, many of whom are renting for the first time, said Duncan, who is based in Monaco. Among the megayachts the company hires out is Wheels, a 75-meter vessel with a gym and nightclub.
The number of Americans with a net worth of between $1 million and $5 million grew 8% in 2021 to more than 12 million households, while those worth $25 million or more climbed 18%, according to research firm Spectrem Group.
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