Damac, a company known for offering customers free Lamborghinis and yachts when they buy luxury flats, reported that net profits for the first three months of 2014 grew to US$210 million from $117 million the company made during the same period a year …

The rich may buy the lion's share of luxury yachts and private jets, but only consume a fraction of the groceries and apparel that US retail chains are stocked to the top of the shelves with. So when a recession driven by housing issues happens, the …

First quarter profits at Damac Real Estate Development soared by 79 per cent, helped by the sale of plots at its Akoya golf course development in Dubai. Damac, a company known for offering customers Lamborghinis and yachts when they buy luxury flats, …

Leading the Asia Pacific Superyachts Tahiti team, Etienne Boutin reports his company (established in 1995 as Tahiti Ocean) was the first service company exclusively dedicated to the luxury yacht industry and thus far has served more than 600 motor and …

Due to the late entrance to the superyacht market, most of the 2000 boats currently in Taiwan are relatively small in size and likened more to a fishing boat than a luxury vessel. With recent government encouragement in the yachting industry, however …

Metaphorically speaking, this is like abandoning a luxury yacht in favor of sailing around the world in a leaky shrimp boat because buying a ticket on the shrimp boat can save you half the cost of your trip. Don't get me wrong, I like saving money, but …

About 100 work in the racier but smaller superyacht industry. There are 100 on the register, … “There is a growing class of very wealthy people and they want to spend on luxury assets and they need people to take care of them.” About £3.2bn of UK …

A super–yacht marina will fit in nicely in a city enjoying a boom in luxury real estate, even as middle class ZIP codes remain mired in recession prices. We've jammed our waterside with luxury high-rise condos that actual Miami residents can't afford …

The event, held at Swanick Marina between May 16-18, will also feature a range of yachts from Sunseeker and Fairline. The Princess S72, launched in February, is part of a new range of S Class Sportsbridge yachts looking to combine luxury, style and …