TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Absolute Takes On Affordable Yachting

Category: Real estate, Posted:05 Apr 2012 | 06:00 am

News has come in that the shared ownership group Absolute is entering the fractional yachting sector.
A special marine division will focus on motor yachts (presumably this means no sailboats).
An initial foray will utilize a specially designed Elan 42, which includes overnight accommodation for the owners, two guests and two crew.
Pricing starts just under USD8000 and upwards. Owners have the option to either fully utilize their time or obtain a rental yield.
At the end of 10 years the yacht will be disposed (this is ostensibly its initial useful life before major refit is required) and owners are entitled to a proportional share of the sale.
Yacht fractional ownership has been in the market in Phuket for a number of years already, with both property developers and hotels such as Twinpalms operating successfully in the segment.

Other News

Read more

After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]
Read more

Remembering Florian Hallermann

Category: Hotels, Posted:16 Sep 2021 | 08:56 am We’d like to take a moment to remember Zeavola General Manager Florian Hallermann. Florian tragically died in a hiking accident in Ko Phi Phi. He was a familiar face in Greater Phuket hospitality circles for many years and well-loved in Ko Phi Phi, which was his last posting. Looking back at the start of our […]
Read more

The Thaiger Digital Summit – Seven Thai Tech Start-Ups Speak Out

Category: Real estate, Posted:11 Sep 2021 | 10:02 am Disrupt or Die. Tune in to a full-tilt, one-hour online event led by The Thaiger’s Co-Founder and leading digital entrepreneur Michael Kenner. On the virtual stage will be fast-paced conversations with seven amazing start-up disruptors who are set to change Thailand’s online space. From super apps, the sharing economy, big data, to taking business off […]