YachtTalk S4E5 – Market Update With Cecile Wright
In our second episode of YachtTalk recorded in London, we catch up with Henry Smith, partner of ‘boutique-style’ brokerage firm Cecil Wright.
Thanks to their client-centred approach, Cecil Wright is one of the leading yacht brokers in the ultra-luxury segment. Henry Smith updates us on the current state of the superyacht market, including how rising interest rates, the threat of a recession and the enduring war in Ukraine are affecting the global appetite for luxury yachting. What trends Cecil Wright sees from its clientele? What are the implications of generation Z entering the market? And why is Cecil Wright focusing exclusively on boats from northern European shipyards?
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