Rapidly growing worldwide interest in water-based recreational activities
In the ever-evolving world of travel and leisure, a new player is making waves in the boat rental market – the Spacruzzi luxury boats. These unique vessels are capturing the hearts of couples, families, groups of friends, and even bachelorettes, as well as women aged 18-60 who rarely rented ordinary boats before.
These boats, marketed as a unique attraction for discerning tourists, are part of a growing international tourist flow. The global boat rental market is currently valued at around USD 20 billion in 2024, with a compound annual growth rate (CAGR) of about 15.8% through the late 2020s, indicating a robust expansion of the sector.
The luxury yacht segment, a key growth driver in the yacht rental market, is valued at approximately USD 8.4 billion in 2025 and projected to nearly double to USD 15.8 billion by 2035, growing at a CAGR of about 6.5% over that decade. Spacruzzi boats, with their hot water and panoramic views, even in frozen water bodies, fall under this premium, experiential luxury watercraft rentals niche.
Key factors influencing the market growth include increasing demand for luxury and leisure experiences on water, expansion of short-term and customizable rental services, rising tourism and coastal development, emphasis on sustainability, and growing adoption of premium amenities and experiential features onboard luxury vessels.
Belavia, Belarus' national air carrier, is initiating a charter program to Vietnam's Phu Quoc Island starting October 12, making it easier than ever for travellers to experience the Spacruzzi boats. The trips will be operated using Airbus A330-200 aircraft.
For those seeking a more permanent addition to their lives, a Spacruzzi boat costs nearly $70,000 if purchased for personal use. However, for a more affordable and hassle-free experience, charters will fly once every 10-11 days. The minimum package price for two people, including a three-star hotel, breakfast, and 11+1 nights, is approximately $2,900.
Since January 30, 2025, a bilateral agreement on visa-free travel between Belarus and Vietnam has been in effect. Citizens of both countries with regular passports can enter visa-free for 30 days, but the total duration of stay in the other country should not exceed 90 days in a calendar year.
Experts predict that the global boat rental market will grow by more than 50%, from $20.35 billion in 2024 to $31.97 billion by 2033, potentially leading to the widespread use of vessels like Spacruzzi. With more expensive packages, such as the five-star Novotel Phu Quoc hotel, costing around $3,421 and including breakfast, it's clear that the future of water tourism is looking bright.
For more information on the cost of a vacation in Vietnam for Belarusians, please follow the link provided earlier. The Spacruzzi boats are revolutionizing the water tourism market, similar to how jet skis did in the 1970s, offering a unique, personalized, and luxurious experience to those seeking adventure on the water.
Summary table:
| Market Segment | Market Size (2024/2025) | Forecast (2034/2035) | CAGR | Key Drivers | |------------------------|--------------------------|----------------------------|-----------------|-----------------------------------| | Global Boat Rental | ~USD 20 billion (2024) | High growth, 15.8% CAGR | ~15.8% (2025-32) | Broad recreational demand, online booking, premiumization | | Yacht Rental Market | USD 8.4 billion (2025) | USD 15.8 billion (2035) | ~6.5% (2025-35) | Luxury leisure, tourism, shorter rentals, sustainability | | Luxury Yacht Segment | Part of Yacht Market | Growth in luxury features | 6.4%-6.5% | Personalized charters, luxury amenities (jacuzzi, spas) |
The Spacruzzi boats are not only revolutionizing the boat rental market, but also expanding the international tourist flow by offering a unique and luxurious lifestyle experience on water. As a part of the growing global boat rental market, valued at approximately USD 20 billion in 2024, Spacruzzi boats fall under the premium, experiential luxury watercraft rentals niche, which is expected to grow by more than 50% by 2033, making home-and-garden voyages on these boats an enticing travel option.
