Time Share Yachting

catamaran · 11-17-2005, 11:10 AM

Time share yachting is an affordable and innovative alternative to boat ownership. A time-share charter vacation is a novel concept for the crewed charter industry;that offers the opportunity to explore the seas in a way that many dream about, but few actually get the chance to experience.

But it’s one that’s now available to BVI thrill-seekers, and the options are both affordable and exceptional. Owning a boat is no longer for just the opulent few.

AMG · 11-17-2005, 02:39 PM

Not to discourage anyone, but I believe that as with most time share projects, the real benefits are with the seller. In crewed yachting almost all projects I have heard of in recent years, has failed.

If anyone know of a successful yacht time share project, it would be interesting to hear more about it and for how long it has been running?

taobsu · 11-17-2005, 03:25 PM

Interesting idea.

I saw and heard some time-shares for motoryach, but not for catamaran. What is the advantage comparing rent directly from typical yacht charter operator, such as Moorings, Sunsail.

How much save you can get from it? what kind boat (model) we are talking about?. How many people will be owners for the boat. if only 12 people participate, is that means I have to stay BVI a month of any given year. Does the cat well be relocated if I am tired of BVI eventually?

I am also interesting to know more about yacht time share.

catamaran · 11-21-2005, 12:39 PM

I can tell you that the boats in question are the Lagoon 440 and the Lagoon Power 43, and similar models.

This time sharing concept with guaranteed income and saling vacation benefits is being reffered to as a "Cruise Club". It has been successfully introduced at major boat events such as the Annapolis Boat Show and The Fort Lauderdale Boat Show.

The Catamaran Group is forecasting that the mini cruise will draw a significant number of customers away form major cruise lines such as Royal Carribbean and Carnival and result in increased sales activity via the Tortola Catamaran Center.

Quote:

Originally Posted by taobsu

Interesting idea.

I saw and heard some time-shares for motoryach, but not for catamaran. What is the advantage comparing rent directly from typical yacht charter operator, such as Moorings, Sunsail.

How much save you can get from it? what kind boat (model) we are talking about?. How many people will be owners for the boat. if only 12 people participate, is that means I have to stay BVI a month of any given year. Does the cat well be relocated if I am tired of BVI eventually?

I am also interesting to know more about yacht time share.

AMG · 11-21-2005, 01:20 PM

Quote:

Originally Posted by catamaran

The Catamaran Group is forecasting that the mini cruise will draw a significant number of customers away form major cruise lines such as Royal Carribbean and Carnival and result in increased sales activity via the Catamaran Center.

Absolutely Sir, just make sure you have a dozen boutiques, a hair dresser, a beauty salon, a few bars, a swimmingpool, dance floor and a couple of nice orchestras onboard.

CTdave · 11-21-2005, 01:25 PM

I just happen to know someone who is in the final stages of putting the money & yachts together for a company specializing in fractional ownership/time share. They are starting out with 5 Benettis. I'll tell you more as it comes together.

catamaran · 11-21-2005, 01:30 PM

Quote:

Originally Posted by AMG

Absolutely Sir, just make sure you have a dozen boutiques, a hair dresser, a beauty salon, a few bars, a swimmingpool, dance floor and a couple of nice orchestras onboard.

I know that a "Mini Cruise" will not offer everything that a large ship can carry. But, some consumers like myself will place a higher value on crusing privately with thier significant other or family.

AMG · 11-21-2005, 02:04 PM

You are right, a 12 m boat can never replace a 300 m cruise ship and I doubt they will "draw a significant number" of such clients. I for one, would rather go with your cats (on charter, not timeshare) and would never even consider the cruise ship.
It is today 99 percent different target groups and nothing to include in a business plan if you ask me. But you might have your own research?

catamaran · 11-29-2005, 03:47 PM

Catamarans and Private Charters are a niche market within the industry (broad). In the recent 10 years interest in cats has increased dramatically.

sailronin · 12-12-2005, 07:24 AM

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