Burgess reports over EUR 2 billion worth of superyacht sales in 2021

Published 13 January 2022

Billionaire boom leads to a surge
in the superyacht industry

According to the Forbes billionaire’s list in 2020 there were 2,095 billionaires. This grew to 2,755 in 2021, so it stands to reason that industries servicing UHNW individuals should grow too. But did this increase translate over into the superyacht sector?

For brokerage, Burgess reported a record-breaking year selling superyachts with a combined value of over EUR 2 billion* in 2021. This equates to a 27 percent increase on the previous best year. Of these transactions over 50 percent were yachts over 50m (164ft) in length.

_{*In last known asking price}

ARETE- Sold

44m (144.4ft) | 2014 Bloemsma Van Breeman, The Netherlands

LIND - Sold

52.3m (171.6ft) | 2010 Amels, The Netherlands

OLIVIA - Sold

68.8m (225.7ft) | 1972 Oy Laivateollisuus, Finland

TIME OFF - Sold

55.5m (182ft) | 2021 Damen, The Netherlands

RIBELLE - Sold

32.6m (107ft) | 2017 Vitters Shipyard, The Netherlands

TITANIA

Burgess’ best performing charter yacht

VICTORIOUS

Brand new charter yacht making her debut in winter 2021

NERO

NERO is an all-modern superyacht with classically-inspired lines

Looking at the number of yachts in the global fleet, the Burgess charter team reported just a two percent increase in the number of yachts available for charter. When compared to previous years where this figure usually sits around five percent, there are significantly fewer charter yachts available in 2022. Yet the demand is still high. In fact 2021 equalled the team's most successful year ever (2019), and 2022 figures are already promising a bumper year for charter. However, clients will need to book early to secure the yacht they want, at the time and in the destination of choice.

‘More owners are deciding to keep their yachts private this year, this could be for a number of reasons, but COVID is arguably the biggest driving factor with owners reserving their yachts for exclusive use for the family,’ Richard Lambert, Head of Sales commented.

Looking ahead to 2022, Burgess is optimistic for continued success. Charter bookings are already up by 25 percent for the summer which indicates that confidence in travel has been restored once again. With demand far outweighing supply across all sectors it will be interesting to see how this plays out.

'Fasten your seatbelts – we’re in for another exciting 12 months. There will be some bumps in the road, but if we work hard and concentrate, we all stand a great chance of success,' concludes Jonathan Beckett.

To find out more about Burgess’ yachts for sale and yachts for charter, please contact a Burgess broker. Alternatively, get in touch with one of our offices directly: London, Monaco, New York, Miami, Singapore or all other locations.

- Yachts, prices and availability are correct at the time of publication.

Burgess reports over EUR 2 billion worth of superyacht sales in 2021