Top Key Players of the Yacht Charter Market

Rent and Charter offers boat rides anytime, anywhere, on your terms. Charterers offer a variety of boats and locations, from powerboats on inland waterways to offshore sailing in remote areas. If you’ve never completed a charter before, this process can seem daunting. We hope this guide will help you make an informed choice.

There is no global regulatory body overseeing charter operations. Charterers can join associations such as the Maritime Leisure Association (MLA), Professional Charter Association (PCA), Mediterranean Yacht Brokers Association (MYBA) and many others, which often have codes of conduct they must adhere to . Because membership is voluntary, some companies do not participate while others participate in financial protection schemes which can provide additional charter protection.

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DYNAMICS OF THE GLOBAL YACHT CHARTER MARKET

The custom of renting or chartering a sailboat or motor yacht and traveling to various coastal or island locations is known as yacht chartering. This is usually a vacation activity, but it can also be a business opportunity.

The two main types of charters are bareboat and skippered. A person who charters a boat and pilots it themselves is called a bareboat charter. The second option is to get a group together and lend them the yacht. Most spiral charter companies also offer basic marine training to prepare clients for yacht charter.

More and more tourists are looking for entertainment for family and friends. As a result, the yacht charter industry stands to benefit from corporate programs, government programs and efforts to promote maritime tourism.

For example, to promote cruise tourism and increase arrivals by sea, the Indian government is improving infrastructure and services and supporting travel to port cities and domestic tourism.

SEGMENTATION OF THE GLOBAL YACHT CHARTER MARKET

The global yacht charter market can be segmented into the following categories for further analysis.

Per vessel / vessel infrastructure volume type

• 75 to 120 feet
• 121 to 250 feet
• Above 250 feet

By app

• Residential/personal application
• Commercial application
• Industrial application
• High capacity user application

By type of integration/structure

• Private partnership only
• Private public partnership
• Program-based public-private partnership

By transaction type component

• Based on hardware components
• Based on software components

By type of request

• Navigation
• Communication
• Automating
• Security
• Entertainment

By type of operation of the ownership model

• Self-paying individuals
• Government-sponsored institutions
• Commercial establishments

By regional classification

• Asia-Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• European Region
• Latin America and Caribbean Region

COMPETITIVE LANDSCAPE

With the collapse of the cruise industry and the desire to travel remotely greater than ever, there has been a recent focus on chartering yachts with luxurious amenities and requirements. This resulted in various long-term charter ideas and improved technical implementations on yachts, improving monitoring services for stakeholders and people involved in the charter process.

PROFILE COMPANIES

• Beneteau SA
• Sunseeker International Ltd.
• The Moorings Limited
• Camper & Nicholsons International Ltd.
• Sunsail Worldwide Sailing Ltd.
• Argo Nautical Limited
• Kiriacoulis Mediterranean Cruises Shipping SA
• Boat International Media Ltd.
• Yachtico inc.
• Fraser Yachts Florida Inc.
• Asta Yachting
• Marine Simpson
• Burgess International

Read more information: https://mobilityforesights.com/product/yacht-charter-market/

Contact:
Company name: Mobility Foresights
Contact person: Kunal Roy
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City: Bengaluru
State: Karnataka

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