I run a small charter company. We have been using charters from another group to charter our yachts. We plan on having 1 cruise per month. For our cruises we require a 12 passenger 6 stateroom yacht. As you may know these are quite expensive. In your best opinion what would be the way to go for us. Our yearly yacht budget is $2.8 million plus expenses. Would it be best for us to 1. continue chartering yachts every month. (we do get tax ride offs for this expense) 2. Use A time share program and purchase mulitple shares (which is VERY expensive) or 3. Buy a yacht. ( remember we need a 6 stateroom 12 passenger motoryacht). Any suggestions would be helpful. Thanks
Chris