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Two Men In A Tub

January 7, 2009 at 8:56 AM | by egw | 0 Comments

Just passing the torch! Current Bond Daniel Craig and heartthrob of moms everywhere Richard Gere have a man-to-man talk in the hottest celebrity vacation spot of this winter, St. Barts. Beyonce and Jay-Z were recently spotted there as well as Mariah Carey, Eddie Murphy and Jon Bon Jovi.

Gere and Craig may be sittin' pretty right now, but let's hope neither of them owns the boat they're on. The yacht industry slump began in December 2007, before most of us were acquainted with the R-word, making it difficult for owners to sell the boats they have. Since many boat buyers are upgrading from their previous boats, any downturn in price leads to a downturn in sales, and a vicious circle ensues. Even the luxury travel market isn't completely recession proof: By April yacht sales in the $200,000 to $800,000 range were already down 50 percent.

On the other hand, it's a great time to pick up a luxury yacht, in case you have a chunk of change sitting around. But what if next year's hot vacation spot is landlocked?

Related Stories:
· The Lure of St. Barts, the Caribbean Idyll Where Everyone's a Star [Independent]
· Stars Aren't Like Us. (Because They're Still On The Beach.) [Jaunted]
· James Bond's Week Off [Jaunted]
· Luxury Submarine Travel: When a Regular Mega-Yacht Just Won't Cut It [Jaunted]
· The Dull Destinations of the Super-rich [Jaunted]
· Celeb Travel coverage [Jaunted]

[Photo: Socialite Life]

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