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Conclusion: what is the impact of luxury yachting on the well-being of consumers and relevant stakeholders?

Tatiana Gladkikh (Business School, University of Aberdeen, Aberdeen, UK)
Hugues Séraphin (Business School, Oxford Brookes University, Oxford, UK)

Worldwide Hospitality and Tourism Themes

ISSN: 1755-4217

Article publication date: 9 May 2023

Issue publication date: 28 July 2023

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Abstract

Purpose

This concluding paper offers an overview of the academic and practitioner approaches to the issue of well-being in the luxury yachting sector of tourism, highlighting the significance of the theme issue. The paper proposes a Model of Luxury Yachting Research illustrating the relationship between the areas directly affecting well-being and suggests that the Model can serve as a road map for further research in the field.

Design/methodology/approach

This paper argues that luxury yachting could be considered as a form of tourism which contributes to the well-being of a wide range of stakeholders relevant to the sector, and not only to those who experience their holidays on board luxury yachts. It builds on the range of contributions in this theme issue, using a synthesis of the knowledge generated from this publication.

Findings

The paper argues that luxury yachting as a specific and unique sector of tourism, which presents itself as a meta economic sector, is representative of the evolution of global finance and the global economy. Additionally, luxury yachting can act as a transformative societal force which positively encompasses and impacts its relevant stakeholders and sectors. The synthesises of the articles presented in this issue identifies four main areas of further academic enquiry in the field.

Originality/value

The value of this paper is that it presents luxury yachting as a prism which enables the investigation of the issue of well-being in the context of luxury tourism. This theme issue has addressed the well-being aspect of the luxury yachting tourism and, by doing so, has emphasised the significance of luxury yachting as a field of research which is ripe for extensive academic investigation. The outcomes of the issue have informed the Model of Luxury Yachting Research, a road map which is offered as a guide for further research in the field of luxury tourism.

Keywords

Citation

Gladkikh, T. and Séraphin, H. (2023), "Conclusion: what is the impact of luxury yachting on the well-being of consumers and relevant stakeholders?", Worldwide Hospitality and Tourism Themes, Vol. 15 No. 4, pp. 451-455. https://doi.org/10.1108/WHATT-03-2023-0051

Publisher

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Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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