Tag someone you’d take here with you. #yachtlife #Watertoys #yachtcharter
Monaco, March 2020
CORONAVIRUS: All you need to know about Superyacht Charter!
⠀ ✅How is the charter industry being impacted by coronavirus?
The ongoing coronavirus pandemic is inevitably having an enormous impact across the travel industry and superyacht charter is also being heavily affected.
⠀
The immediate impact has been significant – with many spring charters being postponed or cancelled. The level of enquiries has also decreased.
⠀
As a result of the outbreak numerous superyacht events have been affected, plus many marinas are either closed or running under strict regulations.
⠀ ✅How will the charter market recover?
There is optimism across the industry that the charter market will be quick to bounce back once the coronavirus situation improves.
Once certainty has returned, we would envisage that the appetite to get away on board a yacht will be as strong as ever, we also see that those wanting to spend time on board in a safe environment will also increase.
Those who are now forced to isolate themselves at home with family are very keen to go out and enjoy life again.
⠀ ✅Is a Superyacht Charter Safe?
One of the factors that is expected to fuel charter demand is the secure environment that a yacht can provide.
To offer peace of mind to guests, prior to each charter, yacht crews are screened and extensive daily cleaning takes place on board.
⠀
A yacht offers an easily controlled environment in terms of the comings and goings of guests and other personnel.
⠀ ✅Can you still book a superyacht charter?
Despite the situation, brokerage firms are still keen to take immediate and advanced charter bookings.
⠀
Many Yachts have revised the cancellation policy and made it more flexible: they offer cancellation without penalty! Also in the case with the global pandemic - we are allowed to change dates in this season and in the next as well.
⠀
In this case, it’s worth to sign an additional agreement to the MYBA standard agreement about the cancellation condi