Burgess secures over $2.5b in sales

Conor Feasey
By Conor Feasey December 20, 2022 17:10

Burgess secures over $2.5b in sales

Burgess has recorded over $2.5b in sales for 2022 and a charter increase of 50% from pre-pandemic levels. Its Technical Services team is also 20% up on last year’s figures.

The British owned superyacht agency said it sold the 72m (236ft) Delta Marine Albatross (pictured) a few days after the Monaco Yacht Show. Having only received the vessel the day before the event, it was one of the company’s “fastest deals on record.” The sales team sold another three yachts in the same week, one of which was a confidential deal of more than €100m.

“We have once again had a tremendous year across all departments,” said company CEO, Jonathan Beckett. “I am delighted with the team’s unstoppable efforts.”

Beckett added that the company owes its sales record to the guidance from the senior members of the brokerage team.

The firm also reported over 860 charter bookings this year. Ben Harwood, head of Charter, said the numbers were due to pent-up demand left over from the pandemic.

Everyone just wants to get away and travel,” he said. “Our US clients were ready to get back to the Mediterranean after many chose to charter closer to home in the Bahamas or the Caribbean for the last couple of years.”

The Burgess fleet was fully booked during the Med’s peak season from June to August. Clients had to book earlier to get their desired yachts – a trend that is continuing into 2023 and 2024. Burgess signed another 23 yachts to its fleet in 2022 to meet this rise in demand.

This year also saw the introduction of Burgess’ New Build Sales team, consisting of senior-level sales brokers and naval architects. This has led to the company’s Technical Services team reporting an increase of 20% and six yachts under construction.

Sean Bianchi, head of New Construction said: “Across the industry, the new build sector continues at a buoyant pace, shipyards continue to report very few build slots available for the next few years. Burgess Technical Services enjoyed another productive and busy year despite the ongoing global issues.”

Conor Feasey
By Conor Feasey December 20, 2022 17:10