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Old 12-12-2005, 08:24 AM   #10
sailronin
Senior Member
 
Join Date: Dec 2005
Location: North Palm Beach, Fl.
Posts: 114
I have seen several attempts to follow the "time share" model with large, crewed yachts. As mentioned above, all have failed.
"Resort Ships" was having a series of 102-105 footers built for the shared ownership idea. Place identical yachts in several popular yachting locations and let the "owners" book in location of choice without having to relocate yacht. Sound idea, but it never worked.....
Others have tried concept with single boat and multiple owners (from 1/4 to 1/32 ownership) with limited success. Traditional partnerships are difficult enough to keep solvent, the more owners in the mix, to more difficult it becomes.
Maybe someone will come up with the "magic" combination, I wish Benetti luck, but wouldn't put any my money on the outcome.

Dave
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