yacht charter in Saint tropez Work
Charter yachts can offer guests a private and exclusive experience far away from mass tourism and crowded destinations. The luxury of having your own private yacht with full crew means that you can tailor the trip to your interests, cuisine and cruising preferences. Often, the crew will take care of all the details from food shopping to managing your water toys. The yacht will also be fully provisioned and stocked with any items you wish to bring on board – simply fill out the preference form before your trip.
Providing a five-star, white-glove experience to guests is key for yacht owners. This can include everything from maintaining a high standard of service to ensuring that all requests are promptly met. It can also mean meeting legal requirements, completing safety inspections and complying with local maritime laws. Effective management of these yacht expenses can help ensure a positive ROI and attract more prospective clients.
A primary motivation for owning a yacht is to earn income from charters, with owners recovering between 60%-80% of the cost of owning their yacht each year through charter revenue. However, a yacht charter in Saint tropez requires an enormous investment in terms of time and money to operate effectively. Consequently, it is important to be clear about what the base charter rate covers and which additional fees may apply.
How Do yacht charter in Saint tropez Work?
While the amount of money a yacht consumes during a boat rental depends on a number of factors including speed, cruising area and how much time is spent on anchor, fuel is one of the most common expenses. For example, the amount of fuel used on a yacht anchored off the coast of St Tropez can easily exceed 1,000 litres in just one day.
In addition to fuel costs, the yacht must pay dockage fees at each port of call as well as insurance and local taxes. Depending on the yacht contract, these costs may be included in the base charter fee or, as is more common with plus-all-expenses contracts, they can be deposited into an Advance Provisioning Allowance (APA) account and tracked throughout your charter. Upon disembarkation the captain will provide you with a detailed accounting of all APA transactions.
The APA on plus-all-expenses yachts typically accrues to around 25%-35% of the charter rate and is similar to an expense account that the captain can access during your trip. At the end of your charter, any unused funds will be returned to you in cash. Another common expense is a crew gratuity which is usually 15-20% of the base charter rate and is paid to the crew at the end of your trip. While not mandatory, it is recommended if you are happy with the service provided.