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The world’s rich are sailing the Mediterranean, enjoying a holiday haven on the sea to escape the crowds and the threat of Covid-19.

Eager to jump-start the lagging tourist economy and compete with Greece and Spain, Italy tops the mega-yacht lederboard for a second consecutive month in August. There were 228 super yachts pinging off Italy last week, a 20-vessel jump from the same time last year, according to tracking data compiled by Bloomberg.

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The Mediterranean offers holidays for the super rich

The world’s rich are sailing the Mediterranean, enjoying a holiday haven on the sea to escape the crowds and the threat of Covid-19.

Eager to jump-start the lagging tourist economy and compete with Greece and Spain, Italy tops the mega-yacht lederboard for a second consecutive month in August. There were 228 super yachts pinging off Italy last week, a 20-vessel jump from the same time last year, according to tracking data compiled by Bloomberg.

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Following behind are the United States, which dropped 43 yachts from last year, and Greece, which saw a gain of 60 vessels.

Monetenegro, a surprise entrant to the lederboard, came in 10th with 17 yachts. The Adriatic nation hopes to build its yacht presence as the wealthy look for alternatives in the area to favourites like Croatia.

Europe dominated the latest Bloomberg Resilience Ranking for best places to be during the pandemic, with a middle- ground strategy of widespread immunization and reopening based on vaccination status.

Celebrities like Kendall Jenner, Paris Hilton, Dwyane Wade and Gabrielle Union were seen basking in the sun aboard yachts anchored off the coast of Italy.

The 156m-long Dilbar, reportedly owned by Alisher Usmanov, the 133m-long Al Mirqab owned by Sheikh Hamad Jassim Jaber Al Thani, and the 108m-long Le Grand Bleu owned by Eugene Shvidler, are among the largest yachts spotted in Italy. – Bloomberg



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