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Ian Harris, Phoenix Yacht Management: Navigating The UAE Yacht Market

As the rise of premium yacht ownership in the region drives significant growth in ultra-luxury marine infrastructure, Ian Harris, founder of Phoenix Yacht Management in Dubai, provides insight into the evolving UAE yachting scene.
The post Ian Harris, Phoenix Yacht Management: Navigating The UAE Yacht Market appeared first on LUXUO.

Ian Harris is CEO and Founder of Dubai-based Phoenix Yacht Management

The yachting industry in the Middle East has experienced rapid growth over the last decade. An increasing number of yachts are based in the region, with 175 superyachts over 30m forecast to enter the region at least once by the end of 2024, according to a 2023 market report by Gulf Superyachts.

While 10 years ago, Middle Eastern clients preferred to charter yachts in the 40-80m
range, there is now a growing preference for building their own vessels and keeping them in the region. Government agencies are actively supporting this shift by rapidly developing ultra-luxury marine infrastructure across the Middle East.

This expansion has heightened the demand for top-tier yacht management companies that offer not only exceptional operational service, technical maintenance, and onboard care but also possess an in-depth understanding of the region?s unique market dynamics, regulatory environment, and cultural specialties.

The warm climate occasionally presents challenges and requires specific maintenance and operational strategies to ensure yachts remain in peak conditio...
Source: luxuo
URL: http://www.luxuo.com/

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