Boom or bust: Can the superyacht business maintain its record-breaking run?

Industry insiders tell Andrew MacDowall what to expect after the unprecedented growth over the last two years.

More than 700 superyachts added to the fleet over the past two years; a global order book exceeding 1,000 for the first time in more than a decade; soaring brokerage sales setting new records. The 18 months between summer 2020 and the end of 2021 will go down as the strongest period of growth in superyachting history – and it caught most people by complete surprise, coming in the wake of the deepest global recession in 90 years and a pandemic that shut down international travel.