Burgess and Starship Yachts have announced a partnership agreement for the Hong Kong and Macau market with Starship Yachts Owner/CEO Edwin Ho becoming Burgess’ Chief Representative for these markets.

The market for luxury yachts in Asia is a fascinating and potentially lucrative prospect. As the economies of countries such as China and Southeast Asia continue to soar, more and more individuals are finding themselves with disposable income to spend on frivolous luxuries.

The truth is, the market is still in its infancy in Asia. Yachting is not yet a mainstream pastime, but that does not mean there is not a huge potential for growth. The key for companies will be to tap into the cultural and societal changes that are driving this trend. The rise of the “new rich” in Asia presents a golden opportunity for the luxury yacht market, but it will require a delicate touch and a deep understanding of the market to truly capitalize on this potential.

Starship Yachts is the Ferretti dealer for HK and Macau, offering the full range of the Ferretti group’s brands. Established in 1994, it was the first dealership to sell yachts in Greater China and has a compelling track record of selling yachts above 30m/100ft. 

Burgess is the global leader in the brokerage, charter, management and new build advisory for large yachts (above 30m/100ft), and started…