Please select your home edition
Edition
T Clew Ring New Generic

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.
Guy Nowell - Blue 660Southern Spars - 100Pantaenius - Fixed Value

Related Articles

America's Cup - Arbitration Panel Hearing over Kiwi Qualifier for July
ACEA CEO, Russell Coutts has confirmed that the Arbitration Panel will hold its first Hearing in July. In a yet to be published interview in Sail-World, America’s Cup Events Authority CEO, Russell Coutts has confirmed that the Arbitration Panel will hold its first Hearing in July. This is the first official indication that the three person Arbitration Panel had even been formed, however Sail-World’s sources indicated that it had been empanelled since last January, possibly earlier.
Posted today at 3:19 am
Rio 2016 - The Qualification Games - Part 2
Yachting NZ's refusal to nominate in three classes won in the first round of 2016 Olympic Qualification is unprecedented Yachting New Zealand's refusal to nominate in three classes won in the first round of 2016 Olympic Qualification is without precedent. Subject to Appeal, the Kiwis have signaled that they will reject 30% of the positions gained in the ISAF World Sailing Championships in Santander in 2014.
Posted on 22 May
Gladwell's Line - World Sailing changes tack after IOC windshift
Over the past year, we've given the International Sailing Federation (now re-badged as World Sailing) a bit of stick Over the past year, we've given the International Sailing Federation (now re-badged as World Sailing) a bit of stick. Every blow well earned over issues such as the pollution at Rio, the Israeli exclusion abomination plus a few more. But now World Sailing is getting it right.
Posted on 21 May
Rio 2016 - The Qualification Games - Part 1
Antipodean selection shenanigans aside, the Qualification system for the Rio Olympics appears to be achieving its goals Antipodean selection shenanigans aside, the Qualification system for the Rio Olympics appears to be achieving goals set in the Olympic Commission report of 2010. Around 64 countries are expected to be represented in Rio de Janeiro in August. That is a slight increase on Qingdao and Weymouth, but more importantly a full regional qualification system is now in place
Posted on 19 May
Taming the beast-a conversation with Stuart Meurer of Parker Hannifin
While AC72 cats were fast, they difficult to control, so Oracle partnered with Parker Hannifin to innovate a better way. If you watched videos of the AC72s racing in the 34th America’s Cup (2013), you’re familiar with the mind-boggling speeds that are possible when wingsail-powered catamarans switch from displacement sailing to foiling mode. While foiling is fast, there’s no disguising the platform’s inherent instability. Now, Oracle Team USA has teamed up with Parker Hannifin to innovate a better way.
Posted on 18 May
From foiling Moths to Olympic starting lines-a Q&A with Bora Gulari
Bora Gulari’s is representing the USA at the Rio 2016 Olympics in the Nacra 17 class, along with teammate Louisa Chafee. Bora Gulari (USA) has made a strong name for himself within high-performance sailing circles, with wins at the 2009 and 2013 Moth Worlds. In between, he broke the 30-knort barrier and was the 2009 US SAILING Rolex Yachtsman of the Year. His latest challenge is representing the USA at the Rio 2016 Olympics in the Nacra 17 class as skipper, along with his teammate Louisa Chafee.
Posted on 12 May
Concern for Zika at Rio Olympics is now deadly serious
Alphabet soup is one description that has thus far not been used for either Guanabara Bay, Alphabet soup is one description that has thus far not been used for either Guanabara Bay, or the Rio Olympics. Many others have, and they were apt, but things have changed. So here now we have a situation where one man, Associate Professor Amir Attaran, who does have a more than decent string of letters after his name, is bringing nearly as many facts to bear as references at the article's end
Posted on 12 May
The importance of being Alive
Since buying the stunningly pretty Reichel-Pugh canting keel 66-footer, and re-naming her Alive, Since buying the stunningly pretty Reichel-Pugh canting keel 66-footer, and re-naming her Alive, the team have lined up for a lot of things, won plenty and nabbed a record, as well. She’s presently in a yard in the Philippines having a minor refit in readiness for the Australian season. It will commence with the upcoming Brisbane to Keppel and then head sharply into this year’s Hobart.
Posted on 10 May
Zhik - The brand born of a notion, not its history
here is probably every reason that ocean rhymes with notion. Zhik’s tagline is officially marketed as Made For Water There is probably every reason that ocean rhymes with notion. Zhik’s tagline has been officially marketed as Made For Water, and this is precisely what the company has done for the last eight years before the succinct and apt strapline came from out of R&D and into mainstream visibility.
Posted on 8 May
Shape of next Volvo Ocean Race revealed at Southern Spars - Part 1
Southern Spars has been confirmed as the supplier of spars for the 2017-18 Volvo Ocean Race. In mid-April, Race Director, Jack Lloyd and Stopover Manager Richard Mason outlined the changes expected for the 40,000nm Race during a tour of Southern Spars 10,000sq metre specialist spar construction facility. A total of up to seven boats is expected to enter, but time is running out for the construction of any new boats.
Posted on 3 May