Planning a yacht charter like Cannes Film Festival yacht charter is exciting, but it can also be difficult, particularly when estimating costs. A base price for a yacht is the weekly rate for renting the boat. What other expenditures, such as food/drink, local taxes, or electricity, are charterers expected to pay in addition to base costs?
The good news is that understanding the fundamentals of yacht charter pricing is easy. And this will help you predict the cost of your next once-in-a-lifetime holiday more accurately. A yacht charter’s price is determined by a variety of factors, including the type of yacht, the charter destination, local taxes, and the base cost.
“All-Inclusive” vs. “Plus Expenses” Yacht Charter Pricing
There are two types of crewed yacht charters available in the world of yachting: “All-Inclusive” and “Plus Expenses” charters. What exactly do these words imply? Here’s a short rundown:
Yacht Charters with All-Inclusive Packages – All-inclusive rates are available on some charters like Mediterranean power yacht charter. That means prices are calculated based on the number of guests and include all meals and beverages, as well as water activities and fuel costs. However, dockage and taxes are normally levied separately. Charters with Additional Costs – Rates for larger motor yachts do not include operating expenses, which must be charged separately. The base price for these luxury charters is for the yacht only. Additional expenditures, such as food, drinks, fuel, dockage, port taxes, and other costs, are billed separately. Mostly, the operating costs are covered by an Advance Provisioning Allowance, or APA, which is usually 35 percent of the base price and is paid in advance of the charter.