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Pricing Terms

What does a Yacht Charter Cost?

Hire Terms What is included?
 
What is extra?
** see notes below on how these are paid for
MT - Western Mediterranean Terms   or "Plus Expenses"

(The standard on most Motor Yachts)

Hire of the yacht, it's insurance and inventoried equipment, bedding, towels, cleaning supplies, crew  wages & crew meals. Fuel, marina fees, guest's meals &  beverages, guest communications costs (cell, satellite, internet),  local  taxes,  airport transfers, crew gratuity**. 
EMT - Eastern Mediterranean Terms with Half Board
(Common in Greece, Turkey, Croatia)
Same as WMT, plus includes cruising fuel for up to 4 hrs each day, local  Harbor fees,  daily breakfasts and  lunches.

Private Marina fees, Guest's dinner meals & beverages, communications costs, local taxes (if applicable),  airport transfers,  crew  gratuity**.

CT - Caribbean Terms "All Inclusive" *
(Common in the Caribbean on Most Sailing yachts under 100 feet)
Same as EMT,  plus daily snacks and dinner meals, and Standard Ship's Bar*. Private Marina fees, vintage wines or unusual bar requests, Scuba Diving fees, airport transfers, crew gratuity **.
* Most Virgin Island charters rated on CT (Inclusive) terms also include open ship's bar, excluding vintage wines or champagnes. 

If you charter a yacht rated on Western Mediterranean Terms (WMT), an Advance Provisioning Allowance (APA) of about 25 - 30% of the charter fee is collected just prior to your charter. These funds are used by the skipper to offset expenses during the charter (fuel, provisions, dockage, etc.) and the skipper submits a full accounting along with receipts at the end of the charter or any time requested by the Charterer. All expenses are charged to the Charterer at actual cost to the yacht, and any APA remaining is refunded prior to disembarkation, in cash. Any outstanding balances are likewise collected in cash or traveler’s checks before disembarking the yacht. Your skipper will advise you if any shortfall is expected, so there are no surprises.

Crew gratuities are both customary, and discretionary, and of course always gratefully received. Customs vary by destination. In the Caribbean, Bahamas and US cruising areas, we usually recommend a calculation somewhere between 15% to 20% of the  Charter Rate for a job well done.  For exceptional service, you should consider an exceptional award. Most crew live entirely on gratuity!  In the Mediterranean and Pacific regions, we recommend about 8% to 15%, for a job well done. The actual amount is always at the Charterer's sole discretion.  Gratuity may be discreetly handed to the skipper in an envelope at disembarkation; he will distributed this equally to all crew members, unless you advise otherwise.

These terms are provided as a general rule of thumb, and every yacht has a different idea of what is Included.  Your proposal will outline the Specific Terms for each yacht presented for your consideration.  The majority of yachts supply toiletries for guests, as well as hair dryers and beach towels.  Inclusive Rates do NOT include shore-side purchases such as meals eaten ashore, taxi's or hire of services provided by others, such as renting Jet-skis from a local supplier. Your Charter Specialist will help you estimate the costs of non-included items for the area you are chartering in, and assist you in keeping expenses within the budget you designate. Feel free to contact us for any questions you may have about rates and expenses, or any other matter! 

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