30m-90m Market IQ
The force of the 2020 pandemic has visibly affected the superyacht market in terms of both new yacht sales and used brokerage yacht sales in the larger size segment, due predominantly from travel restrictions, not lack of appetite in the marketplace. The boutique brokerage model developed by Worth Avenue Yachts offers flexibility and allows for quick action in regard to marketing, showing and selling yachts in the 30m+ sector. Our team was able to maintain our yearly growth by pivoting to the smaller end of the market and meeting inquiry demand, while still maintaining our spot as one of the leaders in yacht sales over 30m.
WORTH'S 2020 REPORT
- Yacht sales were up by 27% for Worth Avenue Yachts in 2020.
- Worth Avenue Yachts exceeded 2019 sales by over 1,200 linear feet, and over 500 linear feet more than 2018.
- Of all 30m+ brokerage yachts sold worldwide, Worth Avenue Yachts has a 7% global share and of all brokerage yachts sold over 50m, Worth Avenue Yachts closed 10% of those deals worldwide!