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Booking up: The charter forecast for 2018

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OneOcean Port Vell Barcelona
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A very good year

With reports of a bumper Mediterranean season and quality vessels in hot demand, Sophia Wilson talks to the charter industry to get the insider lowdown

1. A very good year

“The charter market in 2017 was the strongest market we have seen in a decade,” says Burgess charter manager Ben Harwood. It’s a statement of positivity echoed across the industry, with brokers reporting more enquiries and strong demand during the peak periods of last year. “Generally, charter clients were spending money, booking early and upgrading their trips rather than taking the cheaper options that were presented,” says Northrop & Johnson’s charter retail director John Cichanowicz. “As long as the markets continue to rally [at least in the US] and the world keeps spinning, clients are spending money and want to charter bigger, better yachts.”

Picture courtesy of Facebook.com / OneOcean Port Vell Barcelona

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