Latest news with #SustainableLuxury
Hospitality Net
05-07-2025
- Hospitality Net
MGallery Collection to Showcase Local Culture & Nature in Enchanting Bohol
South Palms Resort & Spa Panglao - MGallery Collection will open its doors on 8th August 2025, introducing a new era of luxury hospitality and local storytelling to Bohol, the biologically diverse and heritage-rich island province in the Philippines. With its blend of tropical scenery, cultural charm, and natural beauty - including vibrant coral reefs, the mysterious UNESCO-listed Chocolate Hills, and a tarsier conservation sanctuary - Bohol has the potential to become Southeast Asia's next dream destination. This makes it the perfect fit for MGallery Collection, which strives to tell intriguing stories in one-of-a-kind locations. Nestled on Bohol's most beautiful beach, less than 5km from Bohol-Panglao International Airport, South Palms Resort & Spa Panglao - MGallery Collection lets guests explore the exotic wonders of this idyllic island, above and beneath the waves. Sustainable Luxury, Inspired by the Spirit of Nature Inspired by the legend of Sirenna, the "spirit of the sea" and guardian of Bohol, South Palms Resort & Spa Panglao - MGallery Collection captures the cultural essence of this aquatic wonderland. The waters beyond the beach are crystal-clear, and guests can swim out among tropical fish and colourful corals that shimmer in the sunlight. Then, a mysterious sunken plane rests peacefully on the seabed - guarded, according to Boholano folklore, by local spirits. Guided by these myths and legends, industry-leading architects and interior artists, including Patricia Ho of White Jacket, Philip Pond of Atelier Pond, and Patrick Keane of Enter Projects Asia, came together to craft a captivating design concept that tells the story of Bohol's time-honoured traditions, folk tales, tribal roots, and agricultural heritage. Having entered through a dramatic archway of entwined vines and branches, visitors are greeted in a light-filled lobby in the shade of a majestic banyan tree. Every low-rise building is crafted to respect traditional architecture, using locally sourced materials, flowing shapes and indigenous designs that blur the boundaries with nature. The iconic Walk Bridge is a spiralled walkway, while the heady fragrance of the lemongrass garden floats throughout the open-planned resort. Each of the 188 rooms and suites is a luxurious sanctuary, rooted in biophilic design and Boholano storytelling, with rustic-chic interiors that feature handwoven headboards, bamboo accents, rattan lighting, and coconut wood furnishings. Sensory Experiences to Connect with the Local Culture Guests, and families in particular, can embark on meaningful, low-impact journeys infused with the spirit of Bohol. Reef snorkelling, diving at the nearby planewreck, serene spa treatments, family activities, and authentic rituals are all enriched with the personal warmth of Filipino hospitality. Just 1km from the resort, the working farm lets eco-conscious explorers embrace the art of sustainable island living, with animal feeding and workshops, and close encounters with friendly carabao (local water buffalo). Diverse dining can be savoured at four restaurants & bars, young guests can enjoy fun-filled days at a colourful kids' club, and a striking pavilion and alfresco lawn set the stage for exceptional events, including weddings. Signature MGallery Moment - The Timeless Crystal of Bohol Under MGallery's signature M Moments experiences, which are designed to provide a connection with the artisan traditions of the destination, guests can discover "The Timeless Crystal of Bohol" - asin tibuok - a rare type of sea salt that is only found in this part of the Philippines. An exclusive excursion transports guests through the time-honoured process of producing this unique product. To be among the first people in the world to experience South Palms Resort & Spa Panglao - MGallery Collection, guests can enjoy an exclusive "Elite Access" offer, which is available to book from 4th July, for stays between 8th August and 31st October 2025. This rewarding promotion includes PHP 3,000 in resort credit, which can be redeemed for dining experiences and leisure activities. ALL and Accor Plus members will receive additional benefits. To book, please email [email protected], call +63 038 507 0010, or reserve your stay here. Hotel website
Yahoo
04-07-2025
- Business
- Yahoo
Technological Advances Elevate Experiences With AR and Autonomous Navigation, Emerging Markets and Polar Expeditions Expand Demographics and Destinations
Luxury Yacht Market to Skyrocket: Expected Growth from USD 10.2 Billion in 2025 to USD 22.5 Billion by 2034 at 9.1% CAGR. Driven by demand for sustainable luxury, wellness-centric designs, and digital management, key regions include MEA, Europe, and Asia-Pacific. Discover emerging trends in eco-yachting. Luxury Yacht Market Dublin, July 04, 2025 (GLOBE NEWSWIRE) -- The "Luxury Yacht Market Outlook 2025-2034" report has been added to Yacht Market is valued at USD 10.2 billion in 2025. Further the market is expected to grow by a CAGR of 9.1% to reach global sales of USD 22.5 billion in 2034The luxury yacht market epitomizes wealth, exclusivity, and personalized leisure, offering high-net-worth individuals an ultra-premium maritime lifestyle experience. This market includes motor yachts, sailing yachts, superyachts (over 24 meters), and mega yachts, often custom-built or semi-customized to reflect the owner's preferences. These floating palaces combine advanced navigation technology, designer interiors, private spas, pools, helipads, and entertainment suites. Driven by growing global affluence, especially in the Middle East, Europe, and Asia-Pacific, the luxury yacht market has become synonymous with status, privacy, and bespoke travel experiences. Charter services and shared ownership models are also gaining traction among newer luxury buyers and travel-focused 2024, the market saw robust activity as yacht deliveries surged, order books extended into 2026, and demand for sustainable innovations accelerated. Builders incorporated hybrid propulsion, solar panels, and low-impact materials into new designs to address environmental concerns. High-net-worth individuals prioritized larger yachts with long-range capabilities to explore remote destinations in comfort and safety. Charter bookings soared, supported by concierge platforms and digital yacht management systems. Key markets like Monaco, the UAE, and Florida hosted record-setting yacht shows and private showcases, while Asian buyers entered the market through fractional ownership and boutique shipyards offering artisanal design into 2025 and beyond, the luxury yacht industry will prioritize eco-yachting, autonomous navigation, and hyper-customization. Builders are investing in hydrogen fuel cell propulsion and AI-based energy optimization systems to meet ESG benchmarks. Interiors will reflect wellness-centric design, with fitness studios, cryotherapy, and meditation rooms becoming tech will advance through AR dashboards and immersive guest entertainment, while shipyards will compete by offering immersive co-design experiences with owners. As polar and expedition cruising becomes more desirable, rugged luxury yachts with ice-class hulls and onboard research labs will open new dimensions in high-end exploration. Emerging demand from India, Vietnam, and Africa will diversify client demographics and aesthetic Insights Luxury Yacht Market Sustainability-led yacht designs using hybrid propulsion, green materials, and energy-efficient systems are becoming industry benchmarks. Growing interest in experiential charters and long-range voyages is driving demand for explorer yachts with global cruising capability. Digital platforms are transforming yacht booking, concierge services, and onboard management into seamless luxury experiences. Wellness features - such as spa decks, infrared saunas, and fitness studios - are being integrated into most new-build yachts. Artisanal craftsmanship and cultural personalization are emerging trends in custom interiors and themed decor for superyachts. Increasing ultra-high-net-worth individuals globally is expanding the buyer base for full ownership and high-end charters. Desire for privacy, autonomy, and safety is fueling interest in yachting as a post-pandemic lifestyle choice. Technological advancements in propulsion, materials, and navigation are enabling more efficient, sustainable luxury vessels. Expansion of marina infrastructure in emerging destinations is supporting luxury yacht operations and maintenance access worldwide. Environmental regulations and public scrutiny of emissions may pressure builders and owners to adopt costly green technologies faster. Shipbuilding bottlenecks, skilled labor shortages, and rising input costs can delay deliveries and increase customization expenses. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $10.2 Billion Forecasted Market Value (USD) by 2034 $22.5 Billion Compound Annual Growth Rate 9.1% Regions Covered Global Companies Featured Ferretti S.p.A Azimut Benetti SpA Sanlorenzo S.p.a Feadship Princess Yachts Limited Fr. Lurssen Werft GmbH & Italian Sea Group Fincantieri S.p.A. Sunseeker International Brunswick Corporation Maritimo Factory A H Wadia Boat Builders XS Marines New Japan Yacht Co GHI Yachts Hyundai Yachts Co. Ltd Riviera Australia Pty. Ltd Australian Superyachts Pty Ltd HeySea Yachts Horizon Yacht Cheoy Lee Shipyards Ltd Changzhou Baote Yacht Co. Ltd Fujian Yihong Yacht Corp Hunan Blue Point Supply Chain Co. Ltd Burgess Yachts Damen Yachting Arksen U-Boat Worx AB Yachts Groupe Beneteau Alva Yachts Timeless Yachts Hatteras Yachts Westport Yachts YMCA Yachting Christensen Shipyards Ocean Alexander Alexander Marine USA Viking Yacht Company Quantum Sails Michael Rybovich & Sons Boatworks Burger Boat Company MCP Yachts Sterling Yachts Fibrafort Shipyard Delta Yachts Flexboat Construcoes Nauticas Ltda. Schaefer Yachts AS Marine Oryx Yachts Majesty Yachts Nomad Yachts Moonday Yachts Yerliyurt Marin Numarine Robertson & Caine Falcon Inflatables Dean Catamarans Almaroon De Birs Yachts Tiger Marine Luxury Yacht Market Segmentation By Type Sailing Yacht By Size 100-150 Meters Above 150 Meters By Hull Material Metals And Alloys Other Hull Materials By Application Private By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Luxury Yacht Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
