Charter management services in Miami

Managing luxury yachts demands professional expertise and extensive market knowledge. 1OY has been involved in the management of some of the world’s finest yachts either for sale or charter. This expertise and in-depth knowledge is shared across the whole company ensuring that our management team is familiar with many of the models in operation today. The team also visits shipyards around the world every year and is in regular contact with designers, naval architects and suppliers. This ensures our team stays up to date with technical developments ensuring new technology and regulations are implemented wherever possible.

Whether you are new to yachting or an experienced yachtsman, our professional team of yacht managers will give you confidence and security as well as ensure the most cost effective management of your vessel, leaving you to sit back and enjoy the benefits of your yacht.

Adding your yacht to the charter market has its benefits:

• Placing your boat for charter could reduce your operating expenses by 30-70%
• A prospective buyer is always around the corner! All the time we encounter situations where a prospective buyer wants to “test” the yacht first before making a purchase. This a great way to accomplish the sale of your boat (if desired), and get your boat seen in the industry.
• Your crew will thank you. Chartering enables a crew to perfect their skills while also earning extra income via charter tips. Happy crew = Better performing crew
• Talk to your accountant about tax advantages. There might be significant tax benefits.

The yacht will be assigned a Charter Manager who will act as the Owner’s agent and promote the yacht to the international brokerage community.
•Devise and implement the marketing plan in consultation with the Owner, including an extensive competitive analysis of the charter market for similar vessels
•Visit the yacht to ensure the charter manager has a comprehensive and current picture of the yacht, her amenities, facilities and crew
•Liaise with the Captain and Chief Steward/ess on a regular basis to discuss changes in crew or additions/upgrades to the vessel
•Respond to and process charter inquiries without delay and follow up with brokers regarding past inquiries
•Negotiate rates on your behalf. Estimate delivery fees, supply sample itineraries and provide any information to help retail charter brokers close the deal
•Prepare charter contracts and manage escrow accounts, including the collection and disbursement of charter monies. Fraser Yachts will act as stakeholders
•Handle the numerous details pertaining to a booked charter making sure the Captain can perform the charter with seamlessly
•Communicate the confirmation of a charter and send client signed contracts to Owner for signature in a prompt manner
•Liaise with the Owner and Captain to provide regular calendar up‐dates (client bookings, Owner’s schedule, transit and shipyard periods).

At 1OY our goal is to maximize the demand for your yacht and create specific branding which reflects the quality features of the yacht and the professionalism of your crew To exploit the potential of your market we design marketing plans specific for each vessel:

• We will list your boat in different industry databases, where we manage calendars and direct industry promotions
• Printed Brochures are always a professional outlet to promote the yacht, specially if the yacht is considered to be offered for sale as well
• We will assign a profile website for the yacht, where the latest news, testimonials, crew on board, etc; will be featured
• Open-houses are highly recommended no matter how big or small the yacht is. The more exposure the better. A small voyage around the area can be offered to our colleagues during the open-house
• Online advertising and e-marketing is always performed. Once a month we send our company newsletter promoting all of our company listings. We also create individual charter marketing campaigns for each vessel promoting their rates, amenities, crew, destination, etc
• We participate in Boat Shows. Whether is Genoa, Newport, or Antigua we always recommend our boat owners to have their yacht attend one show each year

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