Hype Luxury sees surge in global onboarding of fleet partners
ABU DHABI, October 14, 2024
A world-leading luxury mobility aggregator on land, air and sea, Hype Luxury has reported a surge in the onboarding of fleet partners globally, with the growth rate exceeding 100%.
A recent review revealed that India experienced an 80% rise in fleet partnerships, while the UAE and UK recorded a 160% increase.
The USA and Europe combined showed the highest growth, with an exceptional 200% increase.
This upward trend reflects Hype Luxury’s expanding footprint and ability to meet the growing demand for luxury mobility services around the world, a statement said.
Hype Luxury's fleet expansion spans its three primary verticals: private jets, yachts, and luxury cars. The steady year-on-year growth in fleet partnerships, the company said, is helping it address the luxury mobility industry’s persistent demand-supply imbalance.
Fleet partners come from a diverse range of backgrounds, including individual entrepreneurs, homemakers, small and large businesses, and institutional investors, all of whom are drawn to Hype’s strong brand reputation and its elite, high-quality customer base.
This diversity not only strengthens the business model but also creates a wider network for ensuring reliability and availability.
Vijaya Belavadi, Co-Founder & COO of Hype Luxury, said: “This year, we’ve signed several large B2B agreements, which necessitate a significant expansion in our fleet to meet demand while maintaining the highest standards of quality.
“Whether it’s for large-scale events, family weekend getaways, or executive business travel, Hype Luxury has become the most trusted name in global luxury mobility.
“The increase in fleet partners enables us to offer an expansive selection, down to specific details such as vehicle models, years, and even colour options.”
Belavadi also touched on an emerging trend within the luxury mobility space: customers are becoming increasingly sophisticated and selective in their fleet choices.
Whether opting for a private jet, a luxurious yacht, or a high-end car like a Rolls Royce, customers now demand greater attention to detail and personalisation, she said.
"This is a positive shift for the industry. It pushes us to continuously innovate and raise the bar in luxury mobility services. Our ability to meet and exceed these expectations is a testament to Hype’s leadership in the market.”
Currently, Hype Luxury operates its private jet services on a global scale, while its luxury car and yacht services are available across nine countries.
Belavadi reiterated the brand’s goal to create a seamless experience for clients, ensuring that no detail is overlooked.
By leveraging cutting-edge technology and maintaining a customer-centric approach, Hype Luxury is redefining the luxury mobility market, and the continuous onboarding of new fleet partners is a vital part of this vision,” she said. – TradeArabia News Service