March 01, 2010

Recession? China Hosts Largest Luxury Yacht Show

Several thousand high net worth individuals will be flown to Sanya, Hainan Province, in April to bask in the tropical waters of the South China Sea and sample the largest number of yachts ever assembled in China. The "Hainan Rendez-Vous" is a boat and yacht show put together by a real estate investment group developing marinas on Hainan Island. The show will feature super and mega yachts in China for the first time - vessels over 50 meters (over 164 feet) long. Many international luxury yacht builders will be present including Azimut-Benetti, Sunseeker, Princess Yachts, Lurssen, Bloem & Voss, Royal Huisman, Marquis Yachts, Ferretti Yachts, and Pershing.

As reported earlier the Hainan provincial government got Beijing's blessing late 2009 to turn the island province into an international tourist destination with duty-free shopping and luxury developments. Sanya is also building a big passenger ship terminal in a bid to become a hub for international cruise ships....


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