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Yacht charter sector during COVID-19

March marks one year since the global COVID-19 pandemic was announced. This event changed the reality of business and affected every industry, including yacht charter companies. We decided to take a closer look at the changes that have occurred in the past year in our industry.

Tough beginnings
The spring of 2020 was difficult for every industry. In the yachting world, it couldn't have been any different. The yachting industry and charter activities were frozen in most European countries for several weeks. Shipyards, suppliers and service companies were forced to suspend their activities. In Greece, there have been intense negotiations on mooring fees. They were aimed at negotiating mooring discounts for the following months of the pandemic. The natural consequence of the restrictions was the cancellation of yachting exhibitions and fairs. The only country that didn't introduce restrictions even after the global pandemic was declared in March 2020 was Sweden. There, the shipyards continued to operate, although sales recorded a significant decline. From the very beginning, yacht charter companies did everything they could to reduce the predicted turnover. Such measures were carried out, for example, in the Netherlands. Instead of a refund, companies offered a voucher to be used at a later date. However, in most countries, the decision was made to close marinas. The exception was Ireland where all marinas remained open.

Back to balance
Despite the hardships, uncertainties and difficult conditions encountered at the beginning of the pandemic, the yacht charter industry is slowly recovering. The introduction of the restrictions met with much criticism from the industry right from the start. Boat owners in Italy even sent a letter to the government justifying the safety of yachting. Today, some manufacturing shipyards can also boast an increase in turnover. Despite the restrictions, yacht charter companies have also managed to attract customers - both yachting fans and those who wanted to experience their first adventure on a yacht.

Safety first
The overcoming of difficulties and the continued operation of yacht charter companies is owed to the many advantages of yachting. The most important of these is safety, which in the COVID-19 pandemic is a priority. Chartering a yacht will let you spend special moments among your loved ones and beautiful nature. Other advantages are limited contact with staff and independence! You'll find out about these and many other benefits of yachting from our previous post.

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