The team at YOTSPACE saw a gap in the market in the superyacht charter world when the global pandemic hit us all in 2019-2022 abruptly interrupting global business and travel for everyone.
From our many years of experience in luxury travel, we began to think about previous pandemics, pilot strikes and global financial melt downs we have gone through personally as luxury 5 star hotel operators and as travel agents and saw how it affects peoples travel desires and creates changes and shifts in the market.
As the world eventually comes out from these life changing jolting events, guests want to experience new ways of travel in more intimate exclusive ways via small luxury group travel, and brand new styles of travel emerge to satisfy these desires.
Superyacht Voyages – Luxury Yacht Charters
For many years people have been enjoying voyages on cruise ships, rent-a-yachts and other types of vessels around the world but not so much on luxury superyachts.
Traditionally superyacht charters have always been on a sole-charter basis with just one person being the prime charter guest that pays the total cost of the superyacht charter fee, and then the additional costs of the APA (Advanced Provisioning Allowance) which includes fuel, food and beverage, taxes, port fees, permits, and any other extras that they request on that voyage which can equate to up to 30% on top of the superyacht charter rate. Normally they also pay a gratuity fee to the Captain and crew if they feel they have experienced exceptional service and this can equate from 5 and 20 percent of the superyachts base charter fee.
So now you can see why superyacht charters and superyacht cruises have never been on offer in the luxury travel space via cruise companies or cruise ship travel agents due to the complexity of booking the yacht and then working out all the costs.