Corporate yacht charter: what a company books, what it costs, and what the rate leaves out

A corporate charter is the same boat with a different set of problems. The sailing matters less, the schedule matters more, and somebody has to be able to explain the invoice afterwards. That last point is the reason this page exists: the charter fee is the part of a corporate booking that is easiest to approve and the smallest part of what actually gets spent.

What a company is really buying

Usually a day or a short block rather than a week, usually crewed, and usually somewhere with an airport nearby and a good berth for boarding. That combination pushes corporate charter towards the crewed motor yacht market, which is exactly the part of the trade that publishes least. YachtCharterFleet, one of the few places that prints a weekly figure against a named boat, publishes from $12,000 a week for a 20m motor yacht in Miami; a day of the same boat is priced on enquiry.

The extras a finance team will ask about

On a crewed charter the Advance Provisioning Allowance is the line that surprises people: a float paid to the captain before the trip out of which fuel, food, drink and berthing are paid, reconciled against receipts at the end. It is charged on top of the fee, it is normally a percentage of it, and it is a genuine cost rather than a deposit. Add the crew gratuity, which is customary and is not in any quoted figure, and VAT or the local charter tax where it applies.

Getting a comparable quote

Corporate bookings go wrong when three companies quote three different products. Fix the boarding point, the number of guests, the hours aboard, whether food and drink are included and whether the yacht has to be repositioned, then ask everyone the same question. That is the difference between three quotes you can compare and three numbers you cannot.

Questions people ask about corporate yacht charter

How much is a corporate yacht charter?

It depends on the boat, the hours and the port, and almost nobody publishes. YachtCharterFleet publishes from $12,000 a week for a 20m motor yacht in Miami, which is the closest published figure in this record.

What is the APA on a corporate charter?

A float paid to the captain before the trip, usually a percentage of the charter fee, covering fuel, food, drink and berthing as spent and reconciled at the end. It is on top of the fee.

What should a corporate charter quote specify?

The boarding point, guest count, hours aboard, what food and drink are included, whether the yacht is repositioned, and whether tax and gratuity are shown. Without those, quotes are not comparable.

Sources

Related answers

Ask several charter companies what your week costsFree, and your details go only to companies chartering where you want to sail.