What is Included in the Yacht Charter Rate?

Yacht charter rate Inclusions vary according to the size of the yacht as well as the area of the world in which it operates.  The most common rate structures are listed below.

All-inclusive Caribbean Yacht Charter Rates:   These rates include the hire of the yacht and crew, all meals, snacks, open bar (champagnes, vintage wines, extraordinary brands, and excessive consumption are additional), the use and instruction of all onboard watersports equipment, cruising taxes, and port fees.  Some yachts charge extra for cruising fees, and this will be specified in the information that we send you.The majority of sailing yachts in the Caribbean as well as a small number of smaller motor yachts operate under these terms. 

All-inclusive Plus Bar Yacht Charter Rates:  All of the above rate information applies except that bar is additional; most yachts pass along this charge "at cost."  Many sailing yachts in the lower Caribbean (from St. Maarten to Grenada) operate under these terms.

MYBA Terms or Plus Expenses: This yacht charter rate includes the hire of the yacht, the crew, and the yacht's insurance.  The Charterer pays for all of the running expenses of the yacht "at cost". These expenses include the Charterer's food and beverage; consumables; fuel for the yacht, tenders and watercraft; dockage; port fees; cruising taxes; communications; personal laundry; shoreside water and electricity;port agent fees, if required; etc.  Typically, these additional costs add approximately 35% to the yacht charter rate on a motor yacht and about 20-25% on a sailing yacht. The majority of power yachts (as well as sailing yachts based outside of the Caribbean) operate under these terms. 

Advanced Provisioning Allowance" (APA): This is the amount that you pay to cover the"plus expenses" costs.  The APA is collected with the final Charter Payment. During the charter, the Captain will account for all expenses and will present the Charterer with a detailed statement. Any unused APA monies will immediately be refunded to the Charterer and, conversely, any shortfall will be payable by the Charterer to the Captain.

Additional Costs:  Under all of the above terms, airfare, ground transfers, shoreside activities, and crew gratuity are additional. Depending upon location, a 10-20% gratuity is at your discretion.

Short-term charters:  Our published rates are based upon 7 nights; most yachts will charter for 3 nights or more; inquire for details.

Long-term charters:  Many yachts will offer special rates for charters that are over two weeks; many clients who want to use a yacht for a month or two, or even a year, find that it is both less expensive and less of  a hassle to charter than to buy a yacht; inquire for details.

See our FAQs Page for more details.

General Terms and Conditions

Cancellation:  Your deposit is fully refundable if the yacht is re-booked.  If it is not re-booked, you forfeit  your payments. This is standard industry policy.  Cancellation insurance is available should you have to cancel due to illness, death in the family, and some work related reasons.

Payments:  Most yacht owners require a 50% deposit to confirm the dates (25% if the charter is more than six months in advance with another 25% due at six months prior).  The 50% balance is due 30-60 days prior to the charter.

Forms of Payment: A select number of yacht owners accept credit cards; otherwise, payment can be made to Ocean Getaways by personal check, corporate check, or wire transfer.  All funds are held in an escrow account.

 

 
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