Tuesday, September 4, 2007

Sunday, August 19, 2007

Set sail for a spot of fun


Set sail for a spot of fun
"Luxury yachts are promoting fractional ownership for first-time buyers.

In London, the city of big bonuses (this was somewhat before the sub-prime crisis), there is this saying that there are the-haves-and-the-have-yachts.

India hasn’t reached that stage yet. Though there are many whose net worth is worth salivating over, they are yet to progress to the “have-yacht” status.

But all that is likely to change soon with a handful of yacht distributors trying to get Indians to buy yachts by introducing the concept of fractional ownership. It is probably the best way to have a billionaire lifestyle without having to spend like one".- BusinessStandard.com
Photo by Antiguan

S. Granville-Smith, FractionalLuxuryYachts.com