Forget Spain. The Rich Are Sailing Their Super-Yachts East
- Vessels in Croatia, Turkey, Greece are at a three-year high
- Spain records the largest decrease in super-yacht count
Forget Spain for a summer holiday overlooking the Mediterranean Sea. Croatia and Turkey are the up and coming destinations for international super-yachts.
With some European countries reimposing restrictions to avoid another Covid-19 flareup, the ultra-rich are abandoning some of their traditional mooring spots. At least 63 mega-yachts are now sailing off Turkey, the most since 2017 and up from 26 at this time last year, according to tracking data compiled by Bloomberg. That’s good news for a country whose currency plunged to a record amid a surge in foreign capital outflows.