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Press Release

Spring Sales Soar for Fraser Yachts in San Diego

Spring sales exceed all expectations in Fraser Yachts' San Diego offices. The month of April brought with it not just the occasional spring shower but also an increase in interest in yachts for sale on America's west coast.
ST TROPEZ, FRANCE, June 13, 2012 /24-7PressRelease/ -- Fraser Yachts' office in San Diego sold a record number of luxury yachts for sale in spring, ranging in size from 36 feet to 115 feet. Notably, one of Fraser Yachts' top sales brokers, James Nason, was instrumental in four of the seven luxury yachts sold this spring, all of which were concluded in the same week.
"The April sales streak is a testament to the outstanding sales team on the west coast," commented Mike Busacca, U.S. Commercial Director for Fraser Yachts. "I was over with the San Diego team in April and was extremely pleased and encouraged by the high moral amongst the team and their continued efforts towards exceeding their sales goals."
This spring's results come on the back of a very promising start to 2012 in both mega yacht sales and charter commissions. Internationally, the number of yachts sold (over 24 metres) during 2012's first four months was equal to the number sold in 2011; however the total value of sales has risen by 12%.
'Many yachts are still being sold with a high discount," commented Hein Velema, CEO at Fraser Yachts. 'We can look at this in two different ways. If you compare the 'selling price' with the original 'asking price', the average discount so far in 2012 is less than it was in 2011. However many yachts gradually lower their 'asking price' over the period they are for sale. This and other data shows that sellers are now becoming more realistic in their original asking prices."
As well as this promising start, 2012 is also special as it marks the 65th anniversary of Fraser Yachts. 65 years have passed since David Fraser opened the first Fraser Yachts office in Southern California in 1947. The company and management are extremely proud of its long history of exceptional service to the yachting brokerage and charter industry. In its current position as one of the world's most respected yacht brokerage and charter companies, we expect to see another 65 years of Fraser Yachts expertise in the industry.
Fraser Yachts is a full service yachting company offering luxury yachts for sale and yachts for charter, yacht construction, as well as yacht management and crew-placement services. For further information please visit the Fraser Yachts website at www.fraseryachts.com.
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