Charter Yachts Face a Bright Horizon

Charter brokers are suggesting that those superyachts that charter well, face a bright horizon but, they warn, over-supply will mean disappointment for some.
There are very clear signals that the charter market is recovering from the disappointing levels of the past two years. Things are clearly on the road to recovery and interestingly, and clients on both sides of the Atlantic are generating this renewed activity.
Both European and American charterers have emerged in force this year resulting in much higher levels of demand for charter yachts in the Med this summer, compared to the last two years.
Charter brokers at Fraser Yachts think that the supply of charter yachts is still much higher than the demand and the number of yachts available for charter is still increasing.
They say that this mis-match will result in some disappointment for yacht owners who will inevitably sell less charter weeks than they hoped for.
They also see a continuing pressure on charter fees. Whilst the discounts are not as high as 2010, prices are still being negotiated.