sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery

 

Sail-World.com : Yacht-Sharing feels the pressure: some fail, others prosper

Yacht-Sharing feels the pressure: some fail, others prosper

'Yacht-sharing - traditionally the perfect way to have the fun of a yacht without having a yacht, but hard times are sorting out the industry'    .

Yacht-sharing has long been the way to gain most of the benefits of having your own yacht, and avoid the hassles of maintenance and need to find large amounts of cash. However, like all yachting activities, it is a discretionary spend and now as Western economies slim down contrasting fortunes are emerging between yacht-sharing companies in the UK.

SailTime, the world-wide fractional membership yachting franchise, has announced that Sailtime Bases Ltd, which ran three of its UK sailing clubs at Hamble, Gosport and Poole, on the UK's south cast has ceased trading.

Other SailTime bases are not affected, and Richard Davies and Richard Bowden-Doyle, 'both of whom are owner-members with a wealth of relevant experience', are looking to take over these SailTime bases, with the support of SailTime Group LLC, the US-based franchisor.

The cause of the company's demise is given as 'weight of historic debt' rather than membership levels, which have actually risen in recent times.

This is backed up by the experience of another south-coast shared boat membership operator FlexiSail, which has seen 20 per cent growth over the last nine months.

Its managing director, Richard Pierpoint told Fractional Life: 'The future is bright for well run and focused membership sailing companies that put their members first and can set the standards in customer care.

By‘sharing’ your boat through a sailing or motor cruiser membership programme you can enjoy the benefits and lifestyle whilst neatly side stepping the need for a large financial outlay, time, energy and money required to manage your boat. Most importantly you avoid the cost and headache of disposing of your boat and funding the capital depreciation shortfall.'

'At FlexiSail, despite having launched three new boats this year we are actively looking for new owners to meet our growing membership, demonstrating that the interest is still very much there,' added Pierpoint.

www.fractionallife.com




by Fractional Life

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=85638

8:40 PM Thu 7 Jul 2011 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.


News - USA and the World











































International Moth Worlds: Rashley ahead as Aussies close in by Mark Jardine / YachtsandYachting.com,




















International Moth Worlds - Mothballed on day 4 + Video by Mark Jardine / YachtsandYachting.com,




Gladwell's Line: A change of direction needed in the America's Cup *Feature
29er North American Championship - Day 1 in Kingston
Red Bull 49erFX: First look at the Olympic sailing venue at Rio
Fuerteventura Kiteboarding Grand Slam - Classic conditions on day 3
NYYC Race Week Part II images by Rolex/Daniel Forster
Drowning or electric shock? What you need to know to help save a life
BIC Techno 293 Worlds 2014 - Day 1
Six Metre European Championship - Blazing sunshine on opening day
National Sailing Hall of Fame to present Lifetime Achievement Award
International Moth Worlds: Greenhalgh and Rashley tied at the top
PWA Pozo World Cup - Fantastic finale determines winners
Six Metre Class British Open Championship - Llanoria and Valhalla win
Anna Tunnicliffe set to compete at the CrossFit Games
America's Cup: Oracle Team USA holds foiling camp at Wangi SC
Volvo Ocean Race: Abu Dhabi OR completes double Atlantic crossing
Volvo Ocean Race: Team SCA has a 'pull through day' off the Canaries
No tiller sailing - how to steer using just the sails + Video
International Moth Worlds: Three bullets in a row for Greenhalgh
U.S. Junior Women’s Singlehanded Championship - Sophia Reineke wins
BIC Techno 293 Worlds 2014 - Day 0 Opening
Fuerteventura World Cup - Slalom action highlights day 2   
2014 Governor's Cup - Sam Gilmour of RFBYC victorious again   
Farr 40 West Coast Champ - Skipper Alberto Rossi leads Enfant Terrible   
Flying Dutchman World Championships - Magyars are the Masters   
Final day shakes up standings at Cape Panwa Hotel Phuket Raceweek   
2014 -15 Volvo Ocean Race: Team Alvimedica pushing towards Southampton   
NYYC Race Week - Saving the best for last   
VX One North American Championship - Chris Alexander commands   
2014 Cape Panwa Hotel Phuket Raceweek - Waiting game on Day 3   
International Moth Worlds: Thunderstorms delay racing on Day 1   
Fuerteventura World Cup - Impressive tricks on day 1   
2014 Governor's Cup - Two former winners in the finals   
America's Cup: Iain Murray explains reasons for Australian withdrawal *Feature   
Wilson and Roble remain number one match racers in U.S.   
2014 ISAF Youth Match Racing World Championship - Set to start   
PWA Pozo World Cup - Moreno twins dominate home spot   
ISAF Youth Worlds - Record breaking regatta in Tavira + Video   
Melges 32 European Championship - Robertissima remains out front   
Farr 40 West Coast Championship - Italians take one-point lead   
Melges 32 European Championship - Day 3 images by Carlo Borlenghi   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT