SailTime reports uptick in fractional ownership

Posted on

While much of the industry is reporting a drop in sales, fractional boat ownership appears to be on the rise, according the SailTime Group LLC, of Annapolis.

“SailTime has seen steady increases in membership and boats being brought into the program as boating enthusiasts seek innovative and affordable ways to keep their boating dreams alive during uncertain economic times,” said Wayne Diviney, CEO and president of SailTime, in a statement.

SailTime added more than 100 new members worldwide in 2008, increasing its overall membership to more than 1,100. The company opened five new European bases last year and added 21 new boats to its fleet through its owner-member program.

Click here for the complete release.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

What are your expectations for the spring and summer selling season?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price