A JOINT VENTURE BETWEEN PACIFIC STAR CRUISES and Fractions Abroad will see the creation of a fleet of 68-guest luxury mega yachts, which will each have 850 owners. Plans are already in place for the first $30m yacht to be built in the Philippines tailored toward a European market. After...
A JOINT VENTURE BETWEEN PACIFIC STAR CRUISES
and Fractions Abroad will see the creation of
a fleet of 68-guest luxury mega yachts, which
will each have 850 owners.
Plans are already in place for the first
$30m yacht to be built in the Philippines
tailored toward a European market.
After its completion, the mega-yacht will be
sold to 850 “fractional owners” for an
estimated $81,000 plus an annual fee of
around $8,200.
In return for their investment, each owner
will be able to sail for two weeks per annum.
The ships themselves will be managed by
an in-house team, and there are already
plans for mega-yachts targeted to the Asian,
Canadian and Australian markets.