I have acquired a luxury boat. It has five crew members. My purpose is to rent it out to certain VIP customers.

Being my first experience with boats, I am not aware as to how to calculate the rent of the boat.

I would be grateful if someone could guide me or refer me to an online manual by which I could calculate hourly or daily charges for renting out the boat.

Regards,

What is the boat you bought and where is it based?

Roomi,

Like everything else it ususally comes down to market value. I would price based upon rates for comprable boats in your charter area with adjustments (up or down) for amenities and condition.

Curtis