I definitely like the single Y better. Debating if I like the water, however I might like that Y the best. After seeing the slogan under some of the logos, I will be using "luxury linens at sea" The "Y square" artwork may need to be a little bit bigger. I like that you used the blue grey color. Your logo may have too much sophistication and not enough fun, however, I really like it. I'm wondering if you are from Akron, Ohio.