Head winds in the Med
What do international economics have to do with yacht chartering? The low US Dollar value to the Euro has a number of owners deciding on keeping their yachts in the Caribbean for the summer season rather than sending them to the Med. The ultimate status symbol this year might be those who charter a yacht there as the cost and running expenses are all 45% higher being paid in Euros. The good news for American owners is that their yachts have excellent value considering the exchange rate.
The good news? Yachts travel and there is always a place where the economics of chartering works!










