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Booking up: The charter forecast for 2018

Booking up: The charter forecast for 2018

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Here Comes The Sun spa

Quantity of quality

As well as strong interest, Northrop & Johnson’s Fiona Maureso has seen a growth in spend, with a focus on securing quality rather than the best discount. “Clients are back to wanting the very best that the market has to offer and they are willing to pay for it,” says Maureso, who is also president of MYBA. This shift has left some brokers struggling to source top yachts during popular periods.

“The market was very active in 2017 with generally increased bookings and a marked increase in demand, resulting in a lack of suitable available yachts during the peak periods of July and August,” says Camper & Nicholsons’ senior charter broker Susan Kidd. According to Edmiston’s senior charter broker Natalya Manoukian, the best yachts with professional crews are being booked at least six months, and sometimes up to a year, in advance. “We are already taking large bookings for the summer with strong demand for yachts 50 to 80 metres in length – this shortage of supply is my only real concern,” she adds.

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