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North Sails Loft 57 Podcast

Setting sail for success: Sunsail and The Moorings achieve record-breaking results & expanded fleet

by Sunsail and The Moorings 1 Feb 2024 09:02 PST
Sunsail and The Moorings teams at British Travel Awards © Khalid Bari Photography

Our "Yachts" division Travelopia, a prominent leader in the yachting industry with the brands Sunsail, The Moorings and Leopard Catamarans, is thrilled to announce a string of remarkable achievements and milestones as we continue to make waves in the world of yacht chartering, charter yacht ownership, and yacht sales.

With our unwavering commitment to excellence, innovative business strategies, and a passion for the sea, we are proud to share our remarkable success and set a course for a future that is as promising as the horizon.

Sunsail and The Moorings undertake a substantial investment in their fleet with the acquisition of 160 charter boats in 2024.

In 2024, Sunsail and The Moorings will have an impressive charter fleet of 750 premium yachts. Demonstrating our dedication to expanding our offerings, we have undertaken a substantial investment in our fleet with the acquisition of 160 charter boats throughout 2024 calendar year. This extensive acquisition includes 50 monohulls through a new exclusive partnership with Dufour and a remarkable 110 catamarans from world-renowned Robertson & Caine, representing all together a purchase value of over $100 million USD. This resounding commitment underscores our dedication to delivering exceptional experiences to our clients but also solidifies our position as the global leader in the premium charter industry.

Remarkable financial growth of yacht sales

Our financial results are a testament to our dedication to excellence. In the last fiscal year ending on September 30th, 2023, we achieved record-breaking results across our various business segments with a total turnover of 315 million Euros. Our Moorings and Sunsail Yacht Ownership revenues have surged and combined with the explosive growth of our exclusive distribution of Leopard Catamarans, our total Yacht Sales revenues have increased by 60% in three years.

2023 was another exceptional year for our yacht sales activities, marking the fifth consecutive record-breaking year.

Leading the way in yacht ownership

One of our proudest achievements is the fact that we sell all our charter yachts through our yacht ownership program which was created by The Moorings in 1971. We are the undisputed global leader in yacht ownership and a global charter company has continued to pay guaranteed revenues to all its owners without exception, after hurricane Irma and even during Covid-19 pandemic, while several other large charter companies have not. This is a testament to the trust our clients place in us and the outstanding value we provide through our yacht ownership program.

At Sunsail and The Moorings, we take pride in our unwavering dedication to providing unparalleled experiences and opportunities within the yachting world. We look forward to continuing our journey, sailing towards new horizons, and exceeding expectations in the years to come. Our commitment to innovation, client satisfaction, and our unwavering passion for the sea will remain the guiding forces that steer our course.

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