Leading global yacht chartering companies believe the Middle East has a strong potential to become a preferred luxury yacht chartering hub, thanks to expansion of the region's superstructure, particularly marinas, and a growing vessel support network.
"Traditionally areas such as the Caribbean and the Bahamas, the West and East Mediterranean, as well as the Indian Ocean remain favourites for many clients with a large choice of yachts and tried-and-tested cruising areas," said Amanda Armstrong, charter broker at Burgess Yachts, a leading professional superyachting service.
"Clients, however, are always on the look-out for new destinations and if the large superyachts become available there - and they will given the kind of infrastructure development taking place - as well as good accessibility from all over the world, then the Middle East will become very popular in the years to come," she pointed out.
Armstrong admits the Middle East is an extremely significant market for the company. "Charter demand from Middle Eastern clients has maintained a steady pulse and represents around 10-15 percent of our charter business. We are naturally keen to maintain our presence and increase our reach throughout this area," she added.
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