Yacht charter
Yacht chartering is the practice of renting, or chartering, a sailboat or motor yacht and traveling to various coastal or island destinations.
There are three main kinds of charter: bareboat, skippered and crewed. Bareboat charters require the client to skipper the boat themselves, while skippered charters include both boat and a professional skipper. Crewed charters are staffed by a captain and professional crew that can include chefs, engineers, deckhands, and stewards. Most bareboat charter companies offer basic seamanship courses to prepare clients for handling a boat. These companies may also provide skippered charters, which include a skipper, but no additional crew.
Types
Several factors determine the cost of a yacht charter, including the size of the yacht, its age, the builder, the number of crew, the season, and the cruising region. Charter rates also vary depending on whether it is peak season or off-peak, and certain destinations may be more expensive due to popularity or exclusivity.The worldwide range of charter prices is estimated to be from around US$1,000 to over US$20,000, depending on the level of luxury and services provided.
For large yachts and superyachts over approximately 150 feet in length, weekly base charter rates typically range from about US$300,000 to more than US$1,000,000, depending on size, amenities, and season.
Advertised weekly charter rates for yachts typically represent only a portion of the overall expenditure. In most cases, the listed price accounts for approximately 60% to 80% of the total cost. Additional charges commonly include the Advance Provisioning Allowance, applicable taxes and value-added tax, crew gratuities, and any delivery or relocation fees required to position the vessel.