Corporate Yacht Charters: 5 Reasons Companies Should Consider Them

Estimated reading time: 8 minutes

Are you looking to upgrade your next corporate event? Hotels, restaurants, conferences, and golf outings are all great ways to reward your team or entertain clients, but have you considered corporate yacht charters?

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Some of the benefits of hosting a corporate event on a yacht include privacy, flexibility, and exclusivity, but whether they’re right for you depends on what you want to accomplish. With that in mind, let’s go through why these types of yacht charters are growing in popularity, and why you might want to consider one too.

What is a Corporate Yacht Charter?

Corporate yacht charters are essentially private yachts rented out for your event. Whether you’re looking for a one-day charter or a multi-day adventure as a reward for a team that just hit record sales figures, a yacht charter in the UK or Europe can be a unique experience that takes people out of their usual surroundings.

Naturally, yacht charters can be as rustic or as luxurious as you want them to be. It’s this flexibility that makes them such a draw for companies across every industry.

Types of Company Yacht Charters

Understand that there are multiple yacht charter types to choose from. It’s not about the goal of the event but the format. Here’s a breakdown of the most common yacht charter options to choose from:

·  Event Charters – Event charters are based around specific events, such as Cannes Lions or the Monaco Grand Prix. Essentially, you’re getting a front row to prestigious events at home and abroad.

·  Static Charters – These charters remain docked in the marina. They’re a popular option for festivals and major conferences. Effectively, your yacht acts as a stationary entertainment platform for your company.

·  Mobile Charters – Mobile charters are exactly what you’d expect. You’ll depart the marina and go cruising. These are ideal for water sports, drop-offs for onshore excursions, and team bonding.

·  Executive Incentive Charters Multi-day yacht charters are an ideal way to reward your top performers and the senior leaders within your company. They can be pushed as all-inclusive retreats, with itineraries taking you to some of the most stunning coastal destinations in the world.

Why Choose a Corporate Yacht Charter?

Deciding on a corporate yacht charter for team-building experiences might not be your first idea, but they offer a range of unique benefits other options don’t offer. Before looking up executive retreat luxury yacht ideas, consider what one of these charters actually offers.

Here’s a breakdown of the top five reasons corporate yacht charters are rapidly growing in popularity.

Building a Memorable First Impression

Corporate events can be stereotyped as a bit dull. Mingling in a function suite in a hotel or a meeting room by the coast isn’t always the most inspirational offering in the world.

In contrast, stepping into a private, moving venue with a fresh sea breeze and total exclusivity creates an initial impression you can’t recreate on land. Additionally, it’s a demonstration of how much you value your guests, whether it’s a client-facing or internal event.

The key to yacht charters is that the setting already does most of the work for you. Add in onboard service and an event built around your team or client’s preferences, and you’re already going above and beyond what your competitors are doing.

Ultimate Privacy and Exclusivity

The downside of a land-based corporate event is that it’s difficult to guarantee the privacy you expect. In places like hotels and restaurants, you’re putting up with noise, staff movement, and interruptions. On the other hand, a private yacht charter is designed for your exclusive use.

Exclusivity is what makes an event memorable for years to come. It also offers the ideal venue for:

·  Hosting VIP clients.

·  Strategic discussions among your senior leadership team.

·  Celebrating major milestones.

It’s also fair to say that it puts everyone at ease. You have a space that’s entirely your own, with every moment designed around you. And, depending on the yacht you choose, you might have spaces like deck spaces, dining areas, lounges, and activity areas.

More Control With Your Yacht Charters

Choose a traditional venue for your next corporate event, and you’re contending with set timings, limited outdoor space, and fixed layouts. In other words, you have choices, but you’re always constrained by the specific venue you’ve chosen.

One of the benefits of hosting a corporate event on a yacht is that the experience is built around your company’s goals. It could be a formal meeting in the morning, followed by a business-casual lunch, and capped off by a laid-back evening with drinks on the deck.

Beyond that, there’s no shortage of locations and yacht types. Take a small motor yacht along the UK coast, or welcome international clients with a multi-day charter on a superyacht across the Mediterranean.

You are in control, and if you’re working with a yacht charter company with specific experience dealing with corporate events, much of the planning can be outsourced to them.

Strengthen Team Connections on Your Yacht Charter

Today’s businesses are constantly thinking about how to solidify their teams and build greater cohesion. Better teams achieve better results because it enables firms to become more than the sum of their parts.

Yachts change the dynamic among team members in ways other venues don’t. Boats are shared environments that offer a complete disconnect from meeting rooms, desks, and conventional workday routines.

Why does that matter? In short, conversations become easier and more natural. Colleagues who wouldn’t normally interact suddenly find themselves talking on deck, sharing food, and having fun.

Of course, yacht charters can be as active or as relaxed as you want. Some companies might prefer a corporate yacht charter for team building built around group challenges, navigation, and water sports. Others may prefer a calm cruising day with world-class on-board dining. Both approaches can deliver lasting results that show up in the quarterly earnings reports.

Corporate Events That Combine Business and Incentive

The best corporate events usually serve more than a single purpose. Examples of goals you might set for an event include:

·  Building stronger employee relationships.

·  Thanking clients and employees.

·  Motivating teams to excel.

·  Grooming tomorrow’s leadership team.

·  Discussing future corporate strategy.

Exclusive yacht charters for businesses can combine all of these aims into a single setting. Your staff can enjoy the event as a reward for all their hard work, whilst clients receive a luxury hospitality experience.

Combining business and pleasure is perhaps the biggest advantage of this type of corporate event, as it boosts productivity without feeling dry.

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What to Consider Before Booking Corporate Yacht Charters

Managing directors often view experiences like yacht charters as an administrative headache. If you’ve never booked a business yacht charter before, it might feel intimidating, especially compared to a local golf weekend or an afternoon at a five-star hotel.

But it’s easier than you think, especially when working with a corporate yacht charter broker. Firstly, connect with an agency experienced in dealing with corporate events. They will be your best friend because they’ll handle all the administrative tasks.

Your job is to direct your event, which will include answering:

·  What is the ultimate goal of holding this event?

·  Will you be bringing clients, employees, employee families, or will it be a mixed group?

·  Are you opting for a domestic or an international yacht charter?

·  How many guests are you expecting to bring with you?

·  Will your event be a day, an overnight, or a multi-day charter?

·  What are your catering preferences?

·  Are you intending to hold any planned activities?

·  What is your budget for the event?

With the answers to these questions, your broker can provide a shortlist of suggestions for what your event might look like.

Final Thoughts – Are Corporate Yacht Charters Worth It?

Yacht charters for businesses are all about elevating corporate experiences for clients and employees alike. When you’re closing major deals, rewarding your biggest performers, or acquiring brand prestige, the benefits of hosting a corporate event on a yacht are unmatched.

Chartering looks complex from the outside, but it’s easier to schedule and manage than you might think. Working with a yacht chartering service outsources the burden to an expert who can work out all the kinks, meaning you get to focus on the event itself.

Are you hoping to hold a corporate yacht charter event this year?

Corporate Luxury Yacht Charter FAQs

Are business yacht charters suitable for team building?

Yes, yacht charters can be ideal for team-building events. Yacht charters may incorporate group challenges, shared dining, coastal cruising, or land-based excursions. The format can be designed around your team’s needs and what you want to get out of the event.

Where can you book corporate yacht charters?

There’s no shortage of executive retreat luxury yacht ideas to choose from. Domestic options might include the Thames or the south coast of England. Alternatively, you might choose to go abroad to yacht-charter destinations such as Monaco, the Balearics, Croatia, Greece, or the French Riviera.

How many people can attend a corporate yacht charter?

Be upfront about expected guest numbers, as there are strict limits on how many people each yacht can accommodate. This is a legal issue, so you’ll need to think carefully about the numbers and the type of yacht. If you turn up with too many guests, this could cause problems and could even lead to extra charges.