Florida – August 14, 2020

Forecasting a second wave: are millionaires and billionaires buying
more superyachts?

The spread of the COVID-19 virus has impacted numerous sectors around the world, from the automotive to aviation. Yet amid this global pandemic, some industries have continued to grow – such as the yachting industry. The global yacht industry is currently estimated at 64.1 billion US dollars in 2020 and is projected to grow to 84.7 billion US dollars by 2027, according to a recent report by Global Industry Analysts, Inc. Offering an ideal luxurious, private and secure way to explore overseas destinations, more and more millionaires and billionaires are purchasing superyachts. Anticipating a second wave of yachting on the rise, several established shipyards have begun building superyachts on speculation, including Admiral Yachts, the leading brand from The Italian Sea Group.

One of its most exciting concepts currently on offer is Galileo 80, a stunning 80m superyacht. Featuring Admiral’s signature cutting-edge design, her clean lines and sleek profile are sure to turn heads no matter where she goes. Elegant, sophisticated and striking, this five-deck new build concepts offers the best in terms of luxury, space and design. The modern interior, developed by the design team at Admiral, offers plenty of options for customization to make this bespoke build truly a reflection of her owner’s style. Her vast deck spaces and flexible interior layout ensures this concept is ideal for both private or charter use. Able to accommodate up to 14 guests in her extensive cabins, the pinnacle ‘owners loft’ offers split-level space, including a private sun deck and jacuzzi. Her various open and airy guest spaces include two salons and an infinity lounge, all of which allow for plenty of natural light. Outdoors, the large helipad located on the foredeck can be used as a party or extra outdoor space and the expansive beach club, with direct access to the sea, features a modern gym. For those who prefer swimming in fresh water, the pool located on the main deck offers the ideal refugee.

Galileo’s fast delivery time means this bespoke superyacht can be yours to enjoy by 2023, just in time for the summer season.