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Tag Archives: Genoa yacht show

American Idol Icon Brings Chic to Yachting

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Aerial photograph from bow of yacht, SlipStream.  Boat is heading into the photograph, towards the bottom. Superstructure is silver.  Hull is black.

When it comes to a keen sense for talent, creativity and style, few can argue with Simon Cowell’s success.  The television and music industry mogul has helped launch the careers of dozens of entertainers, while his brutal honesty has made him a household name in America.

Amazingly, his sense of style and panache extends far beyond the entertainment industry, into the realm of the world’s newest and largest luxury yachts, as witnessed by Cowell’s own show-winning vessel, motor yacht SLIPSTREAM.

We first introduced you to American Idol Simon Cowell motor yacht  SLIPSTREAM at the 2009 Genoa yacht show. Built  by France’s CMN Shipyard, their largest yacht to date, Simon Cowell’s yacht SLIPSTREAM is one of the chicest crafts on the water.

Cowell’s yacht décor is a super-stylish mélange of modern and nautical, taking full advantage of the yacht’s panoramic windows. The vessel’s interiors are finished in a neo-Art Deco style combining dark ebony joinery and red leather paneling. The sun-deck is fitted with a spa, sun-pads, bar with BBQ, and al fresco dining area, and the yacht comes equipped with a cutting-edge home entertainment system including video on demand and a satellite communications center.

Like her owner, most often seen wearing a crisp, black T-shirt, the yacht presents a dramatic appearance with her gleaming black hull.

With room to accommodate up to 14 Guests, and 200 square meters of outdoor decks, expect to see this vessel hosting fellow entertainers and celebrities at events like the upcoming Cannes Film Festival 2011 and the Monaco Grand Prix.

Photograph of Simon Cowell smiling in front of a bright red backdrop. He's wearing a white t-shirt.

Cowell and his U.K.-based production company, SYCO, produces the BAFTA Award-winning show, The X Factor, which has topped the charts in England.  He also produces and judges Britain’s Got Talent.  Of course, here in the states he is best known for starring in American Idol for 9 seasons, and for serving as executive-producer of America’s Got Talent.

In a strange twist, the man who professionally judges style and talent saw his beloved superyacht placed before a jury of judges.  In October 2010, Cowell’s yacht won the prestigious ShowBoats Design Award for Best Exterior Design & Styling.

Prices onboard Simon Cowell’s yacht SLIPSTREAM  begin at 315,000 Euros per week.  To reserve prime yacht charter season dates in 2011, please click https://www.1800yachtcharters.com/book-now-contact-us/ and contact us now.

 

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Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

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Photograph of a secluded cove in Sardinia.  View from the top of a rocky cliff, looking down into a cove with turquoise water and beach.

 

LUXURY TAX ABOLISHED

The recent Mediterranean Yacht Charter show in Genoa, Italy, learned that the 3 year old Sardinia Luxury Tax is no more.

 

ABOUT THE TAX

The repeal of the Sardinia Luxury Tax is especially good news to charter enthusiasts. Anyone considering a yachting vacation in the Mediterranean is fortunate.  The law stipulated that superyacht vessels berthed in any port in Sardinia had to pay up to €15,000 Euros for their sojourn.

Fulvio Luise, Managing Partner of Luise Group, made the announcement.  This was done at the Genoa gathering of 65 megayacht charter vessels.  Dozens of yacht charter brokers and yachting journalists were also in attendance.. Said Luise, for instance, “This is a very significant step forward for everyone who works in the yachting and luxury sector in Sardinia.”

ARTICLE 2

On Wednesday, May 6, 2009, the local regional government of Sardinia approved Article 2 of the Financial Regional Act. The approval of this act effectively cancels the law known as the “luxury tax” in Sardinia. This tax, in effect since 2006, was felt throughout the tourism industry and had a serious negative effect on the local tourism economy.

 

CONSORTIUM COMMENT

Il Consorzio Rete dei Porti Sardegna (The Consortium of Sardinian Touristic Ports) is pleased about the cancellation. In a released statement, the consortium said, “In the past three years, there has been a decline of approximately 50 per cent in the number of yachts present in Sardinian ports. This tax had a visibly negative result on Sardinia’s image as a premier vacation destination worldwide.”

As other regions in the Mediterranean were actively trying to promote their regions, in particular with regards to high quality tourism, the tax in Sardinia had an opposite effect.

LUXURY TAX IMPLICATIONS ON YACHTING

“Despite our best efforts in the past three years to help clients understand this tax, we faced enormous challenges and incurred a drop of approximately 20-25 per cent each year in superyacht vessels traveling to Sardinia,” stated Renato Azara, Managing Partner of Sardinia Yacht Services. “We have been working very closely with the local authorities for the past three years, first in trying to have modifications made to the law, and secondly in its cancellation. We were successful on both points.”

Finally, the megayacht industry is an important economic component of Sardinia’s tourism industry.  This is especially important as it relates to luxury yacht charter.  Owners of mega yacht and superyacht vessels attending the Genoa show expressed pleasure.  In conclusion, as one owner stated, “We now have a positive relationship with the local authorities, and they have a full understanding of the potential of this market for Sardinia.”

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