In 2006, when Amit Patel first set out to build his own luxury yacht company, his goal was simple: ensure that he could offer the very best experience possible to people who wanted nothing more than to get away from it all in the most relaxing way possible. Today, Xclusive Yachts has 70 boats and yachts and employ 300 people from around the world, and it looks poised to continue growing in 2022 and beyond. We spoke with Amit about how Xclusive Yachts was created, what makes their yachts unique, and what his plans are for the future of the company.
From humble beginnings
This business started with a man in his twenties running a private yacht on behalf of wealthy London residents. As a rule, these residents didn't use their yacht much, and this enabled the man to come up with the idea of renting it to others who didn't own their own boats. He worked out how to formalize a license and register the company as a legal business with the support of the owners. At that time, no one operated a business like that in Dubai, and it was quite difficult to promote a new business model to the authorities. Initially, their company focused on charters for boats 70-feet or smaller and it booked an average of 2-3 of those charters a week. Today the market has shifted and the majority of charters are in this category.
Changing course into superyacht management
Amit is a yachting industry veteran with 15 years of experience and a fleet of 70 plus boats and yachts. His business acumen has been instrumental in the rapid expansion of Xclusive Yacht Management over the past 5 years. The company now offers Yacht Rentals, Gulet Tour, Fishing, Ain Tour, Cruise dinner, and many more to clients from around the world. As his venture continues its upward trajectory, he has even bigger plans for the future.
New Super Yachts joined in Family
Two new super yachts have joined the fleet of 70 boats and yachts owned by Xclusive Yachts. The Behike 43M tri-deck CRN is available for 185K euros per week on the Mediterranean market and Stardom - 43 M Tri-deck custom line is available in Dubai. With 5-star service standards set high, these two Superyachts are equipped with a team of highly qualified crew members that can cater to any need that arises during your trip abroad. Both also boast state-of-the-art navigational systems so you'll always know where you're going!
Future of the superyacht industry
Superyachts are one of the fastest-growing sectors in the luxury industry. In 2022, global revenues for super yachts were valued at about $10.5 billion, a figure that experts predict to grow by as much as 10% annually over the next five years. There are also a number of luxury yacht and shipbuilding programs in Asia with strong potential for growth, including those in China and Japan. As Asian economies continue to grow, so too will demand of these high-value assets. Xclusive Yacht's Managing Director, Amit Patel is confident that there is no end in sight for this unprecedented economic expansion, but he remains vigilant to ensure his company stays ahead of the curve.
Name: Xclusive Yachts
Email: [email protected]
Country: United Arab Emirates
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