A Covid boom propelled the luxury yacht industry, but higher taxes hit demand for more affordable boats
- Posted on May 21, 2025
- By Business News Today
- 3 Views
A Covid boom propelled the luxury yacht industry, but higher taxes hit demand for more affordable boats
Despite economic headwinds in Britain, the luxury yacht market remains buoyant, with wealthy buyers undeterred by higher taxes and tariffs. While larger yacht makers like Princess and Sanlorenzo report strong sales, demand for smaller, more affordable boats has softened.
