
New industry statistics released by industry trade body Superyacht UK, show that the British superyacht sector is riding the wave of economic recovery. The research, for the year 2014/15, is launched as global visitors travel to watch British companies showcase their best at this year’s Monaco Yacht Show.
The key findings include:
Industry revenue has grown by +10.2% year-on-year, to £542 million
48% of those surveyed reported an increase in profits
The sector now contributes £304 million in GVA to UK GDP
An increase in demand has also led to an increase in work load, full time jobs and more valuable order books:
Continue reading “Research shows rising revenues and jobs growth in the British superyacht sector”