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Booking up: The charter forecast for 2018

Booking up: The charter forecast for 2018

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Berzinc water toys
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Gold rush

The message to charterers is clear: don’t book last minute. “Secure your yacht early and enjoy the best choice and quality available,” advises Manoukian. The crunch time is predicted to be between June and September. “The days of booking the right yacht for the client just one or two months before are long gone. Demand for yachts has risen dramatically, quicker than they can be produced by the shipyards,” adds Gregory.

For first-time charterers, Manoukian offers a word of advice: “With the ever increasing number of clients and the limited yachts available for charter, it is important to secure your yacht early and enjoy the best choice and quality available. The best yachts with the most professional crews are generally booked between six and even 12 months in advance. Our biggest charter clients all book early and, as brokers, we take great pride in identifying and recommending yachts to make this process as easy as possible.”

"Whilst we are seeing an increasing number of clients booking up further in advance again there are many that still think that they can book last minute, particularly people newer to the market," adds Raphael Sauleau, CEO of Fraser. "However, if they want the best yachts, particularly in the 50 metre plus range, we advise them to book as early as possible, preferably six months if they want a high season booking, or they risk disappointment."

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