Cost of Charters, and New Boats, Going Up
For the past year or so, as a result of the pandemic, the cost of charters has been going up. It’s a classic case of supply and demand; more people want to take a charter than there are charter boats available. To make matters worse, some of the yachts that used to be in the charter market have been sold, since the price of boats, particularly large yachts, has been going up too. In the old days, say three years ago, people wanting to charter a yacht often had some bargaining power; they could ask for a flat discount, or…