Yacht Charter Management Programme – how we deal with it

28.03.2019

You've probably once in your life thought it would be great to have your boat, then picked up paper and pen and began to record revenue and expenses that came with the owning of the vessel. At this step, someone will give up, and others will take that big step and become proud owners of the boat. Whether you belong to one or the other group of people, we believe that you have considered yacht management programs as a business opportunity. On the market, there are many available different programs where boat owners can accomplish any of their private or business ambitions.

We have written a lot about our yacht charter management programme, but for those who are exploring this area for the first time, a Yacht Charter Management as business model includes complete boat management on behalf of the owner of this vessel.

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In our previous blogs, you can find out more about our Yacht Charter Management Programme, its benefits and even contracts. However, in this blog post, we want to get you closer to how charter management looks out from our perspective, what our team is doing, what all the tasks have to do and what we have to look out to meet the expectations both, the boat owners and the charter guests.

 

When it comes to the standards of our business, then we set them up high and do not accept compromises. That is how we have created our team which is firstly experienced, kind and professional. The people who care about boats, but also about owners and charterers, are the people who are responsible for the success of our business. In our business, the most significant acknowledgement is the trust and satisfaction of the boat owners, as well as the charter guests. However, the way to accomplish that is not so easy, because we often found ourselves between 'two fire' - boat owners on the one hand and charter guests on the other — both sides with high demands, sometimes unrealistic expectations. Therefore, we are here as a moderator, and we strive to have satisfied clients.

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Business Contract

Our charter management program is ideal for boat owners who want to return these investments in a few years, but also to take care of them thoroughly and maintain them. To give the boat owners a clear picture of what we are doing, we are trying to define the essential items. Items such as the annual boat maintenance price so that the owner can know in advance what budget he has, how much he will use the boat for his own needs each year and how much he can expect to earn from the booking during the season are crucial.

When drafting a contract, we realise that it is a significant investment and we are open to all issues and resolve any ambiguity. Likewise, we understand that boat owners want a return of money as soon as possible. Therefore our experienced team creates an individualised charter management agreement for each owner. To achieve such expectations is necessary to rent the same vessel and thus generate revenue. Moreover, to make a decent income of the boat, it must have a good booking. For an excellent occupancy in the booking list of a particular vessel, we put additional efforts in the form of our investment in marketing. Our role is to continually develop and improve marketing strategies for the better fulfilment of our capabilities. Also, excellent connectivity and quality business relationships with an extensive network of specialised agents help us to do so.

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Yacht Charter

To make more boat reservations as much as possible, we actively work on its advertising throughout the year, regardless of the boats’ using season. The entire booking process takes place through our travel agency where our experienced booking team manages customer inquiries, informs them about all the details of the service and cares about their wishes and needs. Thanks to them we have very good booking results.

 Also, we conduct the entire check-in and checkout process at our charter base in Biograd nm, and our technical service is available to our guests at all the time during their stay on the boat. To our guests, we also offer a sailing route suggestion, suggest tour destinations and answer on all practical questions before and during the sailing period.

When boat returns in our charter base, we carry out a boat inspection and final cleaning as a preparation for the next coming guests. What is most important to us is that we provide charter services to our guests with the highest service level on a well-maintained, technically correct and clean vessels.

 

Service

The foundation of our business is the year-round maintenance of the boat to make it in the top shape.

Our yacht charter management programme ensures maintained boats all year long, whereby the owner fully informed of all the work carried out on his vessel, whether it is regular maintenance or exceptional malfunctions or damages.

By keeping the boats in top shape, the possibility of complaints by a charter guest is reducing, while at the same time achieving multiple benefits for boat owners. One of the benefits is certainly keeping the value of the vessel to negotiate the best price for renting and later for sale of the boat.

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Benefits of the Yacht Charter Management Programme

While one of the owners' goals is to return the investment in as short as possible period, the main advantage of the charter management programme is to enjoy its boat and not to worry about the costs.

Our part here is to provide the best service to make a significant number of reservations, so the boat can fully pay off for its maintenance, the berth in the marina and make a profit.

Currently, in our fleet, we have 63 vessels under a yacht charter management programme, most of which are sailing boats Jeanneau, Bavaria, Beneteau, Elan and Dufour models. Behind that large number of vessels stays many happy and satisfied charter guests which returning to us.
If you're thinking to become one of our satisfied boat owners, please contact us, but if you want to spend your sailing holiday in Croatia choose your boat here.

 

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