The super-rich take their mega-yachts to the waters of Greece

Α Decrease font Enlarge font
The super-rich take their mega-yachts to the waters of GreeceThe Financial Times noted the enduring and growing popularity of the country that has thousands of islands – from the popular such as Hydra, Mykonos, and Santorini for those with big boats – to the tiny and uninhabited

They weren't locked into tiny apartments or rooms by themselves or with others but the world's super-rich needed to get away from the COVID-19 pandemic too and for many, the destination was Greece – reached on their yachts.

In a feature, The Financial Times noted the enduring and growing popularity of the country that has thousands of islands – from the popular such as Hydra, Mykonos, and Santorini for those with big boats – to the tiny and uninhabited.

One of them, Johan Wedell-Wedellsborg, likes to take his family cruising around the Mediterranean for their idle time and get away from the Coronavirus although Greece requires tourists to be vaccinated, have a negative molecular PCR test with 72 hours or arrival or proof of recovery from the illness.

There's no report how those on yachts could be monitored or if they could just sail into a port or offshore and take their little dinghies onto the island for dinner at a luxury restaurant without being checked.

Their vessel is a 56-meter (184-foot) yacht they like to use for island hopping around Greece, essentially using their own floating hotel. They really, really like Greece this year, the report noted.

“The fact you can wake up alone in a bay, go to a little town and eat at a small seaside taverna is unique. On the French Riviera it's not the same, you just sail along the coast, there are more yachts, and it is not as secluded as Greece,” said Wedell-Wedellsborg, owner of the Weco Shipping company who has links to Denmark's royal family.

Curiously, he has a lot of company because there's a lot of ultra-wealthy around the world who think the same although they've managed not to bump their yachts into each other yet.

“Greece has seen a surge in yachting activity,” Stewart Campbell, Editor-in-Chief of Boat International, the superyacht magazine, which tracked 834 superyachts in Greek waters in July, just behind France with 945 and Italy's 1,353. “That's way ahead of previous years,” he told the news site.

After Greece was in the front line of inviting tourists to come in July in a bid to help an economy battered by the pandemic and lockdowns that temporarily closed non-essential businesses, the Uber-rich didn't need Uber to get there.

Much of the world's superyacht fleet spends half the year in the Caribbean before moving to the Mediterranean for the European summer, said the report, adding that most are motorized and staffed by a professional crew full-time.

“We've had so many requests for Greece this year . . . Our main problem is there's not enough supply (to meet) the demand,” said Barbara Dawson, a Senior Charter Broker at Camper & Nicholsons, a superyacht specialist.

POP THE CORK

The yachters also like that Greece has so many islands that they can find one with fewer – or no – people and just stake a claim to frolic there without worry about the pandemic that's resurging in the country.

“A chartered vessel is essentially a floating luxury hotel where the ability to control the environment and screen guests and staff for the virus provides an added level of security,” said the piece.

John Dragnis, CEO of Golden Yachts, which builds and charters superyachts, said after the 2020 pandemic nightmare essentially locked down the world and brought international travel, and yachting, to a near standstill that 2021 is better.

“We don't have a single day free for any of our 42 yachts until the end of August,” he said, an indication of just how many rich there are among the world's 1 percent of billionaires and oligarchs.

“We have high-profile clients, entrepreneurs, athletes, and celebrities who are chartering our yachts feeling that it's the safest choice for their vacation during the pandemic,” he said.

A superyacht – unlike a yacht for the less rich - is technically more than 24 meters (79 feet) long, and the cost of hiring one can vary from tens of thousands to several million euros a week, depending on size and style, said the story.

“People previously hesitant about stepping into the sector realized that yachting provides the perfect means of isolation for them and their families,” Campbell said, bringing in tourists who spend at will and don't ask for prices.

Superyacht visitors spend up to five times more than the average hotel guest in Greece, according to a pre-pandemic study by the Greek Marinas Association.

“Unlike cruise vessels, where people tend to eat and spend on board, part of the joy of yachting is discovering new bars and restaurants. There are also mooring fees, which directly benefit local economies, and the sale of goods and services,” Campbell said.

Olga Milioni, a yacht agent based on Mykonos, said there's a lot of benefits to an island's economy from people who start counting at six or seven figures.

“Lobsters, top-quality fish, flowers, as well as limousine services and VIP reservations on the islands, where they can spend 10,000 euros ($11,795) just on drinks,” she said, not even counting the appetizers or main dishes.

“Others asked for a really expensive bag . . . or custom-labeled champagne bottles and luggage”, while someone else “heard a DJ playing at a club and asked him to do a private show on their yacht,” she said.

Read more at thenationalherald.com

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Gerd Fahrenhorst

Tornos
  1. 28/09 22:55

    Bill to reorganize Hellenic Railways Organisation voted in Greek Parliament

  2. 28/09 19:58

    "Greece 2.0" plan includes 372 investment projects worth 13.5 billion euros

  3. 28/09 00:51

    Jet2 and Jet2holidays raise capacity to Greece adding three new routes to 2023

  4. 27/09 22:15

    Greek Prime Minister addresses EPP annual meeting held in Crete

  5. 27/09 19:23

    President of Hellenic Republic to inaugurate Athens Democracy Forum on Wednesday

  6. 27/09 19:19

    World Tourism Day 2022: Sector rallies around “Rethinking Tourism” for Mankind

  7. 27/09 17:34

    Greece records 44,775 Covid-19 cases and 97 fatalities on September 19-25

  8. 26/09 23:28

    International tourism returns to 60% of pre-pandemic levels in January-July 2022

  9. 26/09 01:04

    Ancient cemetery findings showcased at Archaeological Museum of Piraeus

  10. 24/09 01:00

    UNWTO welcomes Málaga into International Network of Sustainable Tourism Observatories

  11. 22/09 23:50

    Animasyros 2022 festival offers wide range of activities on Syros island through Sunday

  12. 22/09 23:45

    Greece's Thessaloniki and Florida's Fort Lauderdale preparing to be twin cities

  13. 22/09 22:38

    US Navy looks for second Greece base at Alexandroupoli port of Greece

  14. 22/09 21:42

    Hellenic Republic Asset Development Fund asks for improved offers for Igoumenitsa port

  15. 22/09 21:34

    Thessaloniki port concession amendment ratified by the Greek Parliament

  16. 21/09 19:04

    Accommodation and food service see July turnover soar in Greece

  17. 21/09 18:20

    UN World Tourism Organization supports sector promotion in Tenerife

  18. 21/09 18:17

    Vaccines against O4 and O5 Covid mutations in Greece as of early October

  19. 21/09 11:48

    Greek Prime MInister meets Israeli counterpart in New York

  20. 21/09 09:55

    Direct flights from US to Greece extended during the winter

  21. 20/09 20:48

    Market checks for PDO halloumi compliance in Cyprus

  22. 20/09 20:42

    Volcano lights up in spectacular display of fireworks on Greek island of Santorini

  23. 20/09 20:34

    Impressive statue of Hercules unearthed in Philippi of Northern Greece

  24. 20/09 20:29

    Greek capital of Athens among top-10 most beautiful cities for the second time

  25. 20/09 20:29

    Russian embassy denies claims over flights from Russia to occupied Cyprus

  26. 20/09 19:57

    India and Greece form closer ties after 2400 years of Indo-Greek empire

  27. 20/09 18:14

    No public transport in Athens for Wednesday due to 24-hour strike

  28. 20/09 18:09

    Greece records 36,146 Covid-19 cases on September 12-18, first week of school

  29. 20/09 14:19

    Greek Minister speaks on digital learning and transformation at UN summit

  30. 20/09 12:49

    Minister: Almost 'zero chances' of power cuts due to energy crisis in Greece

  31. 19/09 18:18

    Smyrna Centennial Commemoration organized at Illinois Holocaust Museum

  32. 19/09 18:13

    Tourist arrivals grow by 40% and Cyprus residents' trips abroad by 59% in August

  33. 19/09 18:09

    United Arab Emirates Economy Minister sees strong investment interest in Greece

  34. 19/09 18:05

    GNTO boosts sports tourism in Greece

  35. 19/09 17:55

    Media report: Greece now bets in extending tourist season during the winter

  36. 15/09 18:04

    Media: New King Charles III rules the UK and keeps Greece in his heart

  37. 15/09 17:55

    Stavros Niarchos Foundation offers grant to SFU and UCLA for 3-year pilot program

  38. 15/09 17:44

    Greek government announces seven measures for cheaper housing

  39. 15/09 16:29

    President of Hellenic Republic calls KIng Charles III to express her condolences

  40. 15/09 15:23

    Maritime glow at the 8th Greek Maritime Golf Event

  41. 15/09 14:49

    Modern waste management unit to replace caldera dump in Santorini

  42. 15/09 13:25

    2022 UNWTO Students League starts with national competition in Switzerland

  43. 15/09 11:17

    Officials: Greece and France can improve already good economic collaboration

  44. 15/09 09:34

    Greece plans to boost internet speeds through new satellites

  45. 14/09 21:39

    The United States repatriates ancient Greek sculptures to Italy

  46. 14/09 21:21

    Temperatures to reach 36 Celsius in Greece over the weekend

  47. 14/09 21:06

    AP: Athens Acropolis Museum President Dimitris Pandermalis dies at 82

  48. 14/09 20:50

    Emblematic Zorba the Greek, film, stage actress Irene Papas passes at 96

  49. 14/09 19:35

    Announcements on program for cheap housing loans in Greece on Thursday

  50. 14/09 18:09

    Greek government offering incentives to households to reduce energy consumption

  51. 14/09 17:29

    UNWTO marks 6th Global Conference on Wine Tourism

  52. 14/09 15:33

    Greece’s Vaccine Panel recommends updated COVID-19 shots for vulnerable

  53. 14/09 14:59

    3.50-metre long marble lintel 'rewrites' the late Byzantine history of Lesvos island

  54. 14/09 11:12

    US Ambassador to Athens: Greece the most important partner of the region

  55. 13/09 18:50

    Iconic US Jazz Orchestra performs in support of Athens pre-term newborns

  56. 13/09 18:46

    Media report: Despite COVID, energy crisis, Greece on track for big growth

  57. 13/09 18:30

    Greece records 33,590 Covid-19 cases and 129 fatalities on September 5-11

  58. 13/09 18:21

    Vaccinations against Covid with updated vaccines begin in Greece on Wednesday

  59. 13/09 18:16

    IATA: July aviation passenger demand remains strong

  60. 13/09 18:10

    Times: Andros, Patmos and 8 other islands singled out for a quieter Greek getaway

  61. 13/09 18:07

    Hotel occupancy rates reach 90% in Mykonos island during September

  62. 13/09 17:05

    NEW JOB: COOKING INSTRUCTOR

  63. 13/09 13:37

    These are King Charles III's paintings of Greece

  64. 12/09 21:55

    Greek Tourism Minister signs deal with Austrian counterpart in Vienna

  65. 12/09 21:51

    Greek President addresses symposium on UNCLOS on Rhodes island

  66. 12/09 21:47

    Further Greece-France defence collaboration explored in Thessaloniki

  67. 12/09 17:59

    Expert: Greece can be the 'pleasant exporting surprise of Europe'

  68. 11/09 21:38

    Belgian driver finishes first in EKO Acropolis Rally 2022 in Athens

  69. 08/09 21:43

    International air cargo tracks near pre-COVID pandemic levels

  70. 07/09 11:36

    Run with us for the 10 years of Navarino Challenge

  71. 05/09 21:35

    Greek Tourism Minister in Berlin to discuss extension of season with airlines and tour operators

  72. 05/09 21:32

    British Chef Jamie Oliver in Thessaloniki for TV production

  73. 05/09 21:22

    Research | Tourism: Value for money determines travel destination selection

  74. 05/09 14:43

    Ambassador to Athens Sulaiman Almazroui: Greek-UAE relations exceptional

  75. 03/09 21:38

    UNWTO joins European Historic Thermal Towns Association to promote thermal tourism

  76. 29/08 15:51

    More unsettled weather expected in Greece during the week

  77. 29/08 15:04

    Athens mayor meets NY counterpart to discuss promotion of Greek capital

  78. 29/08 09:54

    Greek island of Rhodes seeking to attract tourists during winter also

  79. 28/08 22:08

    Circular economy to be in the spotlight at 86th TIF in Thessaloniki of Greece

  80. 26/08 21:58

    Trivago Business Blog: How to create memorable experiences for your guests

  81. 23/08 22:34

    Brief but strong rainstorms flood streets and homes in Athens and northern Greece

  82. 23/08 18:46

    Protecting wildlife from poisoned baits detailed in joint ministerial agreement in Greece

  83. 23/08 18:25

    World Financial Symposium to focus on reshaping airline resilience post-COVID

  84. 23/08 17:55

    Greece records 55,769 Covid-19 cases and 258 deaths for the week of August 15-21

  85. 19/08 22:52

    UNWTO “Rethink Tourism”: Sector gets ready to celebrate World Tourism Day 2022

  86. 19/08 22:39

    IATA World Cargo Symposium to focus on building resilience in air cargo

  87. 19/08 21:25

    Thessaloniki port begins new freight line with major industrial city of Niš in Serbia

  88. 19/08 12:20

    Attica's municipalities open air-conditioned areas in public buildings during heatwave

  89. 19/08 12:17

    Αrt Athina program to be organized at Zappeion Mansion in September

  90. 19/08 10:13

    Children from Ukraine to arrive in Greece as part of European Union programme

  91. 18/08 19:08

    Arrivals to the Greek islands of the SE Aegean Sea grow 17% in early August

  92. 18/08 16:22

    Temperatures to rise up to 41C in Greece during the next three days

  93. 16/08 21:08

    Hollywood actress Demi Moore enjoys her Greek holidays on yacht

  94. 16/08 21:03

    Legendary “Christina O” yacht passes thru the Isthmus of Corinth in Greece (video)

  95. 16/08 20:50

    Outgoing British Premier Boris Johnson continues Greek holidays (video)

  96. 16/08 18:00

    Greece records 73,210 new Covid-19 cases and 258 fatalities on August 8-14

  97. 16/08 12:47

    High temperatures expected in Greece over the next days

  98. 12/08 15:08

    AP report: CDC drops quarantine and distancing recommendations for COVID-19

  99. 12/08 15:06

    US Ambassador to Athens meets with Greek Health Ministry leadership

  100. 12/08 15:06

    US Ambassador to Athens meets with Greek Health Ministry leadership