Tuesday, 02 January 2024 12:17 GMT

PET Yachts Predicts Limited Availability For Ultra-Premium Festive Charters Amidst Historic Regional Demand


(MENAFN- ForPressRelease) Dubi, UAE: The Gulf's luxury marine sector is entering one of its strongest festive seasons on record, supported by sustained growth in inbound tourism and rising global demand for high-end private charter experiences. As the UAE approaches its peak winter travel period, yacht-charter operators across Dubai Marina and the wider coastline anticipate constrained availability for premium vessels, particularly during key holiday dates.

Dubai's tourism performance continues to set the backdrop for this surge, driven by record-breaking growth through 2024 and strong momentum in 2025. According to the Dubai Department of Economy & Tourism (DET), the emirate welcomed 18.72 million international overnight visitors in 2024, marking a 9% year-on-year increase. The city's hotel inventory has now reached 154,016 rooms across 832 properties, and despite expanding capacity, demand remained exceptionally strong, pushing 2024 occupied room-nights to 43.03 million with an average annual occupancy of 78.2%.

This upward trajectory has continued into the current year. In just the first half of 2025, Dubai attracted 9.88 million international overnight visitors, a 6% increase compared to the same period in 2024. Hotel performance also remained robust, recording average occupancy of around 80.6% and more than 22 million room-nights sold. These indicators reflect a market where traditional hospitality and event venues reach high utilisation well ahead of the festive and winter seasons, placing greater emphasis on alternative premium spaces.

A similar shift is evident across the global yacht-charter sector. Industry projections place the worldwide market at approximately USD 7.27 billion, with steady growth expected through the next decade. Regionally, the Middle East & Africa yacht-charter market is expanding rapidly. The UAE market alone is currently valued at approximately USD 236 million and is projected to grow at 5.8% annually, surpassing USD 330 million by 2030. These figures underscore the region's growing prominence as a winter yachting hub and the sustained demand for premium, experience-driven maritime offerings.

Within this broader context, PET Yachts reports that its own festive-week enquiry trends align closely with the regional and global patterns. As hotel occupancy climbs and major districts prepare for increased footfall during Christmas and New Year, charter clients are showing heightened preference for controlled, private environments on the water. Operators across the sector commonly note that sunset and late-evening departures, particularly on luxury-class vessels, are among the first to reach limited availability during the December peak.

A spokesperson for PET Yachts commented: "Demand this season is reflective of a much wider trend. With visitor numbers reaching near-record levels and hospitality capacity tightening across Dubai, many travellers are seeking private marine-based experiences as an alternative to land-based venues. Our availability patterns mirror what is being seen across the regional charter market."

Despite the seasonal intensity, PET Yachts confirms that its charter tiers, ranging from shorter curated experiences to fully customised itineraries, remain available within the remaining December slots. This approach aligns with broader industry movement toward flexible, guest-led charter formats rather than standardised, high-volume packages.

The spokesperson added: "Across the yacht-charter industry, operators are focused on maintaining service quality and itinerary flexibility during peak periods. Our aim is to continue supporting this expectation as the festive season approaches its busiest phase."

Festive-season charters are open for booking on a first-come, first-served basis.

About PET Yachts

PET Yachts is a premier luxury charter company based in Dubai, specialising in providing a one-of-a-kind yachting experience. Its flagship vessel is the exclusive Tecnomar for Lamborghini 63, offering clients unparalleled speed, style, and luxury on the waters of the Arabian Gulf.

Media Contact:
Name: Chris
Email: [email protected]
Business Address: Al Wasl 640-0, Office 3-141, Al Diyar, Dubai, United Arab Emirates

Company:-PET Yachts

User:- Chris

Email:[email protected]

Phone:-+44 7871 514493

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