Play Pause Unmute Mute X-BOUTIQUE CRUISE 60m 36pax Exterior / Interior Concept Design: Pastrovich Studio Growth trend of Superyacht Cruise Ships. In Pastrovich views the trend of Superyacht Cruise Ships cannot but consolidate and widen to 36 people vessels, considering on the other side that sales of superyacht among Ultra High Net Worth Individuals (UHNWIs) is on a downward trend…Read More Amongst the UHNW individuals, defined as those with a minimum net worth of US$30million – namely 211,955 individuals globally – only a small proportion own a superyacht, and one third of them are billionaires. The extremely long building time, the high building prices, the running costs and the implications of managing 15/40 crew are less and less interesting compared to a large choice of available renting solutions.“The new generation of UHNWIs are increasingly prioritizing experience over possession”. They will increasingly look for access to a luxury lifestyle, but will be far less interested in owning the assets giving access to such a luxury lifestyle. According to a report by Camper and Nicholsons and Wealth X, “The fact that the experential luxury sector consistently out performs any other sector of luxury goods is testament to a fundamental change in attitudes. It means that the ultra-wealthy have shifted from the acquisition of goods to savouring unique experience“. Annual UHNW spend on luxury. In a global world increasigly connected and easily accesible, ownership can be seen as a restriction if compared to the freedom of paying and have access to everything, anywhere: Rent exclusive villasRent a suite in a boutique hotel or in a luxury resortCharter Private Yachts within 24 hoursRent private jets around the globe etc. This New Generation, led by Chinese and Russians, are not culturally used to own or build private yachts, luxury chalets or to buy private jets but they are very interested to experience the luxury lifestyle of western countries, with no refrain to richness showing off. The small capacity luxury cruise ship market has the potential to overtake the market of superyachts based on ownership provided the benchmark of luxury is projected well beyond what the highest of high-end luxury looked like in 2016. Notwithstanding many cruise operators contending the title of luxury and elegance, the members of the Small capacity luxury cruise ships segment offer a high-quality hospitality service but do not reach the level of luxury expected by UHNWIs. On the other side, there are no luxury 5 stars and luxury boutique hotels, exotic beach resorts, lodges located at destinations that caters to UHNWIs prepared to pay US$3,000-US$10,000 per night offering an experience at sea of the same level.