Posted by Neil King
Details of the upcoming Abu Dhabi Yacht Show (ADYS) have been released, promising that the event will showcase the best in high-end luxury transport and recreation.
Taking place at the Yas Marina development from March 24th-26th, the show will be co-located and jointly promoted with the FIA GT1 World Championship 2011 season opener, its organiser, Informa Yacht Group (IYG), said.
Andy Treadwell, managing director of IYG, added that the simultaneous timing of the two events, especially in the context of the recent opening of several major attractions at Yas Island, would deliver "an exceptionally compelling proposition for the Middle East's high net worth population".
Such attractions include Ferrari World Abu Dhabi, the world's largest indoor theme park which is also tied to the new Formula 1 circuit at Yas Marina, the Yas Links golf course and the brand new Yas Yacht Club.
According to the World Wealth report 2010, released by Capgemini and Merrill Lynch Global Wealth Management, there was a significant improvement in the large yacht market in 2010, with an increase in both sales and valuation of yachts.