The Islands of the Eastern Caribbean – most notably, the British Virgin Islands, Anguilla, St. Kitts, and St. Lucia – are trying to broaden their appeal to yachts, yacht owners, and yacht charters.
The Organization of Eastern Caribbean States (OECS), a member group dedicated to promoting tourism, integration, and economic development among the islands, recently announced that they have “intensified efforts” to develop their maritime sector, especially to increase the areas appeal to the “expanding luxury yachting sector.” According to the St. Lucia Times, the “OECS Commission has spared no effort in making the yachting sector a priority of their Tourism Work Program.” To that end, the OECS has established a Yachting Committee, whose goal is to promote the Islands internationally to the yachting community.
The Islands of the Eastern Caribbean are easily accessible by motor yacht from South Florida. With governments and departments of tourism doing everything they can to build up services and infrastructure to accommodate larger luxury motor yachts, it is a good time to consider these areas as unique destinations to help maximize your charter income.
Improvements to Yachting Marinas and Infrastructure
Much as we have seen with the thawing of relations with Cuba, the OECS realizes in order to appeal to upscale motor yachts and their owners, requires that there be significant upgrades in marine infrastructure.
In the last few years, considerable marine infrastructure improvements have been made. A striking example was the opening of the world-class Christophe Harbour Marina in St. Kitts and Nevis. Christophe Harbour was the first facility in recent years specifically designed to provide luxury yachting services and world class amenities.
Officially opened in 2015, at a reported 100 million dollar investment by a superyacht owner, the Marina is still in its infancy, and continues to expand, in the hope of making St. Kitts a true superyacht hub. Currently the Marina includes 24 berths designed to accommodate yachts anywhere from 80 – 300 feet! When completed, the exclusive luxury marina will include a “shore side marina village with hotels, yacht club, and upscale dining and entertainment.” Since the opening of the Marina, the OECS says that superyacht traffic to St. Kitts and Nevis “increased by 60%.”
The member nations of the OECS are the British Virgin Islands, Anguilla, Antigua, St. Kitts and Nevis, Montserrat, Dominica, Martinique, Saint Lucia, St. Vincent and the Grenadines and Grenada.
Maximizing Your Caribbean Charter Opportunities
The Caribbean in general, and specifically the expanding appeal to the yachting lifestyle of the Eastern Caribbean, make these islands a highly desirable yacht charter location.
Operating a motor yacht can be costly. Putting your boat in Charter can earn income, and defray some of the costs of ownership. On Demand Yachting from FYM can show you how. If you would like to learn more, or if you have any questions or comments about this blog post, do not hesitate to contact our Yacht Management specialists, or call us at (855) 318-6328.