well the alternative would be to sell the boat, which I imagine quite a few of the B-Ark bigshots will have to do. I don't know who they will sell them too, though.
Fact is, that entertainment expenditures of all kinds are discretionary and in a recession they are going to get more than their share of cutbacks. Although at the "value" end, they may do OK if people scale back from extravagance to value.
MLE
macquarie leisure trust group
yield in a lower interest rate environment, page-4
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