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Does choosing a larger yacht always mean higher charter costs?

Answer

Not necessarily, although larger yachts often have higher charter rates and can have higher operating expenses.

Size is only one factor affecting price. Yacht age, design, specification, crew, reputation, location, season and demand can all influence the charter rate.

Operating expenses can also vary according to fuel consumption, crew requirements, marina costs and the nature of the itinerary.

Analysis

A smaller yacht can sometimes command a premium because of its age, design, crew or charter reputation, while a larger yacht may offer significant capacity at a relatively competitive rate.

The useful comparison is therefore between yachts offering a similar overall experience rather than simply comparing length.

Broker Comment

Don't assume that the longest yacht within your budget is automatically the best value. We can often find a yacht that gives you substantially more of what you actually care about without paying for features you won't use.

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