Posted by admin
One of the most common questions posed to charter brokers is, “What does, ‘plus all expenses’ mean? “It’s a fair question, and critical to understand the implications, since the cost to arrange a Mediterranean yacht charter holiday is far more than the prices posted on most charter brokers’ websites.Megayachts – the large, ultra-luxurious vessels that we associate with cruising the Côte d’Azur in the South of France, and docked along the quay in Monte Carlo for Monaco Grand Prix yacht charters – set a rate for the rental of the yacht and the crew, then list the price as, “Plus running expenses.” This simply means that the charterer pays a set price for the yacht, and is also responsible to cover ALL costs associated with the operation of the yacht while the charterer and his/her guests are onboard.
If the APA balance runs low during the charter, the client is expected to provide the captain a sufficient amount in cash to cover the needs for the remainder of the charter. Many charterers prefer not to carry quantities of cash, and their charter broker can hold additional funds and release them, via bank wire transfer, to the captain as needed.
Before you book your yacht charter, ask your broker to give you a solid estimate of the running expenses that might be incurred. Your broker will take into account the food and beverage preferences you have requested, along with how much cruising you wish to do (which will determine the amount, and anticipated cost, of fuel needed), to come up with an estimate of your expenses.
As a general rule of thumb, the APA requested for sailing yachts is approx 20% of the yacht’s listed charter price, and for motoryachts, the average APA jumps to 30-40%. Here’s an example of the anticipated total cost of a proposed Italian yacht charter vacation for a fictitious client and nine guests for one week on a 180 foot Trinity yacht charter vessel:
This entry was posted in News Frequently Asked Questions and tagged Frequently Asked Questions, Trinity yacht charter, yacht charter price, crew gratuity, advance provisioning allowance, apa, monte carlo yacht charter, how much does it cost to rent a yacht, how to rent a yacht, motoryacht costsPosted on
The practice of leaving a tip is a common one in the traditional hospitality industry. However, the concept becomes clouded when it comes to luxury yacht charter vacations.
Questions like these highlight the controversy over whether a charter yacht crew should be tipped. The topic is further skewed by the fact that many charterers come from cultures where tipping is not commonplace.
Many solutions have been suggested by yacht crews and charter brokers. Some feel a customary tip should be “built in” to the charter rate, but others worry that the addition of a 10-20% bump could price a yacht out of the market.
Industry maven Jana Sheeder, President of The SailAway Group believes the solution lies in effective communication between the client, the charter broker, and the crew.
“Our brokers are in the best position to explain to clients the customary practice of offering a gratuity to the yacht crew if services meet or exceed expectations,” says Sheeder.
“Rarely do we encounter a situation where a crew does not receive a tip, and we attribute this to the communication process.”
Whether or not a client tips, Sheeder points out that the final decision is beyond debate.
“Ultimately, any gratuity given is at the sole discretion of the charterer. We are in the customer service business and must remember that we, both brokers and yacht crews, are here to meet the customer’s needs. We are paid for the work we perform – anything extra is just that – extra.”
This entry was posted in Yacht Charter Frequently Asked Questions Educational and tagged Jana Sheeder, 1800yachtcharters, president of 1-800 Yacht Charters, gratuity, crew gratuity, how to tip on yacht charter, Do you tip the owner of a restaurant, Do you tip the crew on a yachtPosted on