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Factors to Consider When Chartering Luxury Yachts

A yacht charter vacation is one of the most luxurious and unforgettable experiences one can head out on. It offers quality service, enough privacy, and a range of onboard activities that suit a variety of interests and itineraries. Take on epic water adventures by snorkeling and indulging in water sports, enjoy a private boat party, explore new towns, or spend a quiet evening overlooking the horizon – the possibilities are endless.

Factors to Consider When Chartering Luxury Yachts

Understanding charter types
Yachts are of various types and one needs to learn about these to choose the ideal one for their vacation. To begin with, renters will be offered a choice between bareboat and crewed charters. A bareboat charter is for experienced sailors who can manage and helm the yacht on their own and just want to enjoy their privacy. For a more pampered experience, a crewed yacht is perfect as it comes with a professional crew, including a captain, chef, and stewards.

Factors to consider when chartering a luxury yacht

1. Size and capacity
Most luxury yachts have a capacity of 6 to 12 guests. Always confirm the boat’s passenger capacity when booking the trip to ensure there is enough space to accommodate everyone comfortably.

2. Amenities
Not all yachts are built alike; each one of them offers a unique set of amenities. Those interested in taking on water sports may want a yacht that comes with amenities like jet skis, snorkeling gear, inflatable pool toys, etc. Others looking for a more comfortable journey may want to look for luxuries like an onboard swimming pool, gyms, saunas, Jacuzzis, etc.

3. Destination and duration
To choose the right yacht for any trip, one needs to pay attention to their destination and the duration of the trip. Renting a private yacht for a trip to the Mediterranean, for instance, is sure to bring some stunning views along with a rich cultural history. Those looking for a more upscale experience may be interested in taking a chartered luxury yacht to the French Riviera to enjoy sunshine, a wide coastline, and an array of golf courses, resorts, and restaurants. To find the best rental price for the yacht, speak to the agent well in advance and book for the off-season. Most rentals tend to be around a week long, but longer trips can also be arranged.

4. Total cost
Financing a chartered yacht is a big concern for many. The overall cost depends on factors like the size of the boat, the season, and the duration of the trip. Prices may also vary depending on one’s choice of yacht, like a classic yacht, a catamaran, a sailing yacht, a motor yacht, an expedition yacht, or a gulet yacht. On top of the base charter fee, one will have to account for expenses such as value-added tax (VAT), Advanced Provisioning Allowance (APA), crew costs, tips, etc. to get an estimate of their overall trip cost.

Tips to choose the best luxury yacht cruise

1. Book via an independent charter broker
It’s best to book via an independent yacht charter broker, as they have no vested interest in booking any particular cruise. This gives them the freedom to offer the right advice to the travelers for a truly amazing experience.

2. Know that all charter brokers are offered the same booking price
When it comes to chartering a luxury yacht, it is important to know that all brokers work with the same deals and price points. While these rates are published periodically, payment rates may differ based on the other services offered by the broker. Some of these services may include handling ground transfers, hotel recommendations and bookings, travel insurance arrangements, spa bookings, other shipments, etc. Consider these aspects to make an informed booking decision.

3. Check the broker’s knowledge and availability
The broker’s job does not start and end with the booking itself. It involves a lot of other facets, including knowing the crew. Passing on this information to the passengers can be useful, especially during emergencies. Next, the hospitality industry is constantly changing, with new technological developments and innovations that can make a yacht trip seamless. The latest updates are generally shared at chartered yacht shows, conferences, and conventions. Check whether the broker is aware of these developments and is updated with the latest news.

Additionally, one needs to keep an eye out for the broker’s availability. Since it isn’t always possible to make bookings and confirmations during the work day, finding a broker who offers a 24/7 service is ideal.

4. Look for references
Don’t be in a rush to book with the first broker available. Ask them for testimonials, speak to older clients, and check how the broker fares with registered trade groups like CYBA (Charter Yacht Brokers Association), AYCA (American Yacht Charter Association), and MYBA The Worldwide Yachting Association.

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