{"id":23959,"date":"2024-04-18T11:10:03","date_gmt":"2024-04-18T11:10:03","guid":{"rendered":"http:\/\/wp.todaytradenews.com\/2024\/04\/18\/superyacht-sales-plunge-as-wait-times-rise-russian-oligarchs-drop-out-of-the-market\/"},"modified":"2024-04-18T11:10:14","modified_gmt":"2024-04-18T11:10:14","slug":"superyacht-sales-plunge-as-wait-times-rise-russian-oligarchs-drop-out-of-the-market","status":"publish","type":"post","link":"http:\/\/wp.todaytradenews.com\/2024\/04\/18\/superyacht-sales-plunge-as-wait-times-rise-russian-oligarchs-drop-out-of-the-market\/","title":{"rendered":"Superyacht sales plunge as wait times rise, Russian oligarchs drop out of the market"},"content":{"rendered":"<p>##Highlights of the Article:<br \/>\n1. Superyacht sales declined in 2023, with a 17% drop in new superyacht sales compared to the previous year.<\/p>\n<p>2. Sales of superyachts over 200 meters decreased by 40%, mainly attributed to Russian buyers withdrawing from the market after the Ukraine invasion.<\/p>\n<p>3. Despite the decrease in new sales, there was a 31% surge in the number of superyacht completions, indicating a growing demand for the yacht economy.<\/p>\n<p>##Summary:<br \/>\nThe article discusses the decline in superyacht sales in 2023, with factors such as long waiting lists, rising costs, and sanctions impacting demand. Sales of new superyachts dropped by 17%, with a significant decrease in sales of yachts over 200 meters due to Russian buyers exiting the market following the Ukraine invasion. However, there was a notable increase in superyacht completions, reflecting a growing demand for the yacht industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>##Highlights of the Article: 1. Superyacht sales declined in 2023, with a 17% drop in new superyacht sales compared to the previous year. 2. Sales of superyachts over 200 meters decreased by 40%, mainly attributed to Russian buyers withdrawing from the market after the Ukraine invasion. 3. Despite the decrease in new sales, there was [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":23964,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[65,124,832,4956],"_links":{"self":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/posts\/23959"}],"collection":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/comments?post=23959"}],"version-history":[{"count":0,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/posts\/23959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/media\/23964"}],"wp:attachment":[{"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/media?parent=23959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/categories?post=23959"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/wp.todaytradenews.com\/wp-json\/wp\/v2\/tags?post=23959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}