Financial Matters

Yacht Charters

Financial Matters

It is important to discuss financial matters surrounding your charter vacation with your Charter Specialist. This should be discussed throughout the planning of your trip. Meals, beverages, taxes and dockage are additional expenses beyond the charter fee. There is what is called an Advance Provisioning Allowance (APA). These are the funds that are used to help the crew stock the yacht with your favorite food, drinks, snacks or any other special arrangements you may have requested prior to your charter. On average, expenses are estimated at 25 to 30 percent of the base charter rate. This can vary depending on your charter and destination.

Once all the details and dates are worked out with your Charter Specialist, a 50 percent deposit will be required along with your signed Charter Agreement. The balance will be due 30 days prior to the start of your charter vacation. The APA along with any other additional pre-paid expenses also are due at this time.

While you are on charter, it is the Captain’s responsibility to keep track of all expenses. The Captain will also handle the purchase of any incidentals that should be needed during your time on board. Sometimes there is only a slight change between the estimated and actual expenses incurred. At the end of your charter the Captain will sit down with you and go over all the expenses. If you are due a refund, our Charter Specialist will make sure the funds are sent to you. If there should be a balance due, then that can be handled before you depart the yacht. Since this is your charter, your personal taste and preferences will determine the bottom line.

Contact Us today for more information and let us help plan your next adventure.

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