Note: Number of AIS positions reported by leisure vessels per grid cell (550m x 550m) between Jan 2015 and Feb 2021. Source: World Bank Group.
Yachts are typically used for short-distance trips in areas offering scenic views and tourist attractions, including the availability of marinas. The density of yachting is related to the presence of marinas that can service these ships, such as providing berths, fuel, stores, and repairs. Two regions account for the majority of the yachting activity:
- North American East Coast and the Caribbean. An extensive coastal system, ranging from the St. Lawrence to the Florida Keys. The northern part of this submarket tends to be seasonal, with limited activity during the winter as many yachts are repositioned in Florida and the Caribbean. The Caribbean is characterized by a corridor that connects the island chains on the Greater and Lesser Antilles. Long-distance trips involve reaching Bermuda and crossing the North Atlantic to reach the Mediterranean.
- Europe and the Mediterranean. Yachting in the Mediterranean is extensive, particularly along the Costa del Sol in Spain, the French Riviera, the West coast of Italy, and the Aegean Sea. These areas account for the most developed and sought-after amenities for marinas. Due to political instability, little yachting takes place in the southern part of the Mediterranean. In northern Europe, the Channel, the North Sea, and the Oresund area have the most activity, but on a much more seasonal basis.