Impact of COVID 19 on Luxury Yachts Industry

With the COVID-19 pandemic spreading across continents like wild-fire, several countries have shut down their borders and restricted travel. This has impacted the travel industry- especially the cruise industry that offers the 100 largest yachts and Pershing Yachts, in a major way. Over the year, since the infection was first reported, people have also grown more sensitive and cautious about protecting themselves from exposure to the virus. One of the steps towards staying safe that people have adopted is refraining from travel.