Greece, home to the Acropolis, the white-washed buildings of Mykonos and Santorini and the coastal beauty of Corfu, is open again for travel -- and the wealthy are travelling there like never before.
The Aegean nation is at the top of the Bloomberg superyacht leaderboard for the first time, with at least 194 superyachts parked off its shores as of June 25. That’s a jump of more than 80 from last month as the Mediterranean, Aegean and Adriatic tourist seasons reach their early-summer bloom, despite the ongoing pandemic.
The Richie family reality stars, basketball legend Magic Johnson and Australian mogul James Packer were among the celebrities spotted on yachts in Greece last week, while ships reportedly owned by billionaires David Geffen, Abdullah al Futtaim, and Ernesto Bertarelli were anchored off the coast, according to vessel data analyzed by Bloomberg.
Greece, which has administered enough Covid vaccines to cover 37% of its population, fought off outbreaks in November 2020 and then in March and April of this year. It reopened to foreign tourists on May 14 with no quarantine required, provided visitors have a vaccination certificate or proof of a negative Covid test.
But not everyone is happy about that.
German Chancellor Angela Merkel and French President Emmanuel Macron recently criticized Greece and other tourism-dependent nations for freely accepting visitors who have been inoculated with less effective Chinese and Russian vaccines
Superyacht positions, as of June 25, heat-mapped in yellow.
Note: June 2021 includes all yachts with a location last reported between June 21 and June 25 within two miles of Greece’s coastline.
May 2021 data based on May 19 and May 23 positions, while June 2020 numbers are for June 11 to June 15.
Median length in study is 157 feet. "Pct. New" is based on yacht ages between 2016 and 2021.
Source: Bloomberg, IHS Markit, Genscape