Please select your home edition
Edition
Marine Resource 2016

Luxury Yacht Share Asia (LYSA) introduces fractional ownership to Asia

by LYSA on 7 Apr 2014
Numarine 78HT. One of LYSA’s fleet of charter/fractional ownership yachts. LYSA
Launching this yachting season, LYSA (Luxury Yacht Share Asia) is a brand new concept for Hong Kong, developed by yacht charter pioneers Riviera Orientale - Yachting Society.
The innovative LYSA fractional programme allows four buyers to purchase a quarter share of a luxury yacht, allowing each buyer to enjoy the pride of ownership and up to 46 days of quality time out on the water via a seamless concierge booking service for a fraction of the cost of traditional ownership.


Although new to Hong Kong, the ground-breaking fractional program has fast grown in popularity in USA and Europe, proving to be a successful formula for providing an excellent boating experience with none of the time-consuming concerns.

The LYSA fractional program is not only simple, it also makes sense, highlighting three key advantages over a full yacht purchase:
• The ownership of a luxury vessel is equally shared among four shareholders
• The acquisition cost is leveraged through a loan provided by the yacht supplier
• Owners receive charter income out of unused time

Offering owners all the enjoyment of owning a yacht with none of the usual responsibilities (such as crew recruitment, boat maintenance, scheduling, mooring booking etc.), Riviera Orientale – Yachting Society creates an all-inclusive, turnkey experience, taking the hassle out of the joy of owning and cruising a luxury yacht.

Riviera Orientale provides all owners with a transparent monthly statement summary:
• Yacht owner usage during the month
• Charter income received during the month
• Operating costs per month: operating costs may include variable costs (maintenance and repairs), fixed costs (crewing/mooring/insurance) and individual costs (F&B and individual owner fuel consumption).

Each quarter-share owner is offered up to 46 days of usage per year, compared with an average usage of a yacht owner in Hong Kong of just six days per year. Therefore each owner enjoys eight times more time on the yacht while incurring only a quarter of the cost. Isn’t that the smartest way to co-own a luxury vessel?

Come and check out the kind of luxury yacht you could co-own at On Water Open Days, Asia’s first fractional yacht show, where 15 luxury yachts will be displayed in Hong Kong’s Repulse Bay. Held on April 26th - 27th, Riviera Orientale – Yachting Society has partnered up with luxury brands Auto Italia and Roberto Cavalli to provide a unique luxury brand experience for all the family.

This event is by invitation only and interested parties should contact Mr Julien Angevin at julienangevin@gmail.com to confirm their attendance.

For more information on Riviera Orientale – Yachting Society, go to www.rivieraorientale.com or contact +852 26777791.
Hall Spars - MastZhik Isotak Ocean 660x82Pantaenius - Fixed Value

Related Articles

Speed Thrills. Pain Kills. Minimise potential damage with Kollition™
We all love seeing the foilers get faster and faster. We all love seeing the foilers get faster and faster. One brand, Zhik®, was the first to develop a range of lightweight, low profile, flexible and waterproof padding in a purpose built wetsuit to help protect the sailors from damage when they or boat stops abruptly.
Posted today at 1:45 am
Figaro Bénéteau 3 – The world’s first production foiling monohull
In 2019, as the Solitaire URGO celebrates 50th anniversary, the Figaro Bénéteau 3 will take over from its predecessor In 2019, as the Solitaire URGO– Le Figaro celebrates its fiftieth anniversary, the Figaro Bénéteau 3 will take over from its illustrious predecessor, the Figaro Bénéteau 2, which has been sailing the length and breadth of the French and Atlantic coasts since 2003.
Posted on 6 Dec
Mark Light appointed Race Director of Clipper Round the World Race
Mark replaces former Race Director Justin Taylor who decided to stand down after almost a decade with the company. With four years’ experience assisting the race planning, he is now looking forward to stepping up to the lead role, one of the most challenging that exists in global sailing.
Posted on 28 Nov
Predictwind release improved racing and cruising routing function
PredictWind has released a major upgrade to its Routing function, taking a much more graphic and interactive approach PredictWind has released a major upgrade to its Routing function, taking a much more graphic and interactive approach to what has been a black art of weather routing, used to chose the fastest route for racers or most comfortable route for cruisers.
Posted on 28 Nov
Predictwind release improved racing and cruising routing function
PredictWind has released a major upgrade to its Routing function, taking a much more graphic and interactive approach PredictWind has released a major upgrade to its Routing function, taking a much more graphic and interactive approach to what has been a black art of weather routing, used to chose the fastest route for racers or most comfortable route for cruisers.
Posted on 28 Nov
Only room for one at the top
The results of RMIT's (Royal Melbourne Institute of Technology) independent testing are in. The results of RMIT's (Royal Melbourne Institute of Technology) independent testing are in. Zhik® is the market leader in waterproof durability with a new standard that replicates the real world sailing environment and conditions. It is an astounding four times more so than the previous leader.
Posted on 28 Nov
Only room for one at the top
The results of RMIT's (Royal Melbourne Institute of Technology) independent testing are in. The results of RMIT's (Royal Melbourne Institute of Technology) independent testing are in. Zhik® is the market leader in waterproof durability with a new standard that replicates the real world sailing environment and conditions. It is an astounding four times more so than the previous leader.
Posted on 28 Nov
Beneteau Cup – A statement in family and time
Every other deity with a nautical interest seemed to sense the importance of the occasion and delivered in spades Flagstaff Marine delivered a terrific regatta to mark the 25th Beneteau Cup on Sydney Harbour. It seemed fitting that Beneteau had two factory representatives there as well, headed up by Director, Beneteau Group Asia Pacific, Thibaut de Montvalon and also Asia Sales Manager, Beneteau Group Asia, Vianney Guezenec.
Posted on 28 Nov
Fourth Blog from on board Perie Banou II
Oh no - not the coffee cup Oh no - not the coffee cup - Jon keeps us all entertained as he approaches Reunion Island. The B&G chartplotter tells me since leaving the pleasant mid Western Australian town of Carnarvon (by world standards, an isolated town), that I have sailed some 2559 NM and have 751nm to go to Le Port Reunion Island. French. Reunion is a Suburb (department) of Paris. Population 844,000.
Posted on 23 Nov
Marine Resources job updates
The latest jobs in the marine industry Marine Resources specialises in filling job vacancies within the Leisure Marine Industry. We have a variety of recruitment services to suit all types of marine employer.
Posted on 18 Nov