icon_arrow_down icon_arrow_left icon_arrow_left_large icon_arrow_right icon_arrow_right_large icon_arrow_up icon_bullet_arrow icon_call icon_close icon_facebook icon_googleplus icon_grid_off icon_instagram icon_login icon_mail icon_menu icon_message icon_minus icon_pinterest icon_plus icon_quote_end icon_quote_start icon_refresh icon_search icon_tick_on icon_twitter icon_video_play icon_youtube

Sign up to our mailing list for the latest Boat International & Events news.

SIGN UP

Missing your newsletter?

If you’ve unsubscribed by mistake and would like to continue to hear about the latest Boat International & Events news, update your preferences now and let us know which emails you’d like to receive.

UPDATE NOW
No, thanks

Jonathan Beckett: Burgess CEO predicts the future of yachting

5 of 7 5/7
VIEW ON ONE PAGE
silver-fast-was-the-largest-yacht-at-the-2017-singapore-yacht-show
5

The Asian market is gradually maturing

“In terms of the buyers, when China and Asia comes online that will release a lot of buyers into the market,” Beckett predicts. “In Singapore and Hong Kong, they are laying the seeds at the moment. I think it will be 5-10 years before that market matures. This generation has made their money and are intent on keeping it, but their children will spend a lot of time in the West, more than their parents and they will be the ones that go out and spend it.”

Burgess already has a strong presence in Asia, having recently exhibited the 77 metre Silver Fast (pictured above) at the 2017 Singapore Yacht Show. “We are laying the groundwork for the market that is going to come, as opposed to expecting lots of people to simply make offers on boats,” he adds.

Read More
Sponsored Listings
Upgrade your account
Your account at BOAT International doesn't include a BOAT Pro subscription. Please subscribe to BOAT Pro in order to unlock this content.
Subscribe More about BOAT Pro