Bareboat Charter & Sailing School
We had built up quite a fleet of smaller yachts, mostly as a result of the import duty on yachts dropping from 50% to 0%; the bigger fleets in Phuket were replacing their old vessels with new ones and they needed a home for their old boats… we snapped them up.
So in 2004 we opened a Yacht Charter base in Koh Chang, a Marine Park Southeast of Bangkok, very close to the Thai/Cambodia border. At the same time we partnered with International Yacht Training, establishing the first IYT Sailing School in Thailand, well in Asia for that matter. Being the only active company in the Marina at the time we added a yacht brokerage to our offering and got involved with quite a lot maintenance projects.
Train, rent, sell, manage.
Mostly born out of necessity, we ended up with a pretty good program; we could teach people to sail a yacht, we could rent them a yacht once they knew how to sail, or we could sell them a yacht and if they liked, they could give the boat back to us and earn money off their yacht in charter; and that remains pretty much as is today.
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