IYC opens new California office

Superyacht firm, IYC is expanding its presence on the US west coast with a new office in California. The office will become IYC’s 13th. The company said it tries to open offices in yachting hubs globally and the US west coast is one of such hub.

In response to the sales and charter success of the past year, which the United States is leading on, IYC is opening the new office to enable it to operate out of both US coasts. The US accounted for 47% of the total number of yachts sold worldwide in Q1 2021,

“The Californian market is consistently ranked number two in North American sales, followed by Newport. Both are small numbers compared with Florida, but with the population of Ultra-High Net Worth Individuals that reside there, opening a California office has been on our radar for a while,” said IYC partner, Matthew Stone, who will be overseeing the new office. “Demand in California is at an all-time high.”

“It’s by putting our clients ’needs first that has enabled us to develop a full-service company,” added Stone.