Skip to main content

Travelopia investing $130 million in charter fleets

TravelopiaThe Moorings

Travelopia Yachts, parent to The Moorings, Sunsail and Footloose, said it has made an “unprecedented investment” into its charter businesses. The company said in a statement that it moved quickly to re-establish operations in its Caribbean bases following Hurricane Irma in 2017. It reopened its British Virgin Islands base in December 2017 and St. Martin in February 2018.

Travelopia said the “ongoing investment” in the charter businesses is more than $130 million. The company bought new sailboats from Jeanneau and Beneteau and is purchasing 25 Sunsail Match First-40 sailboats over the next two years. It also is acquiring new sailing and power cats by Robertson and Caine, as well as Lagoon.

“Overall, this investment reflects an unparalleled injection of quality and variety into these charter fleets at a time when the financial stability of some operators in the broader yacht charter market remains uncertain,” the statement said.

Travelopia said it is making “significant development” with its base network infrastructure, including marina operations in the BVI, an on-site hotel, pool and restaurant areas.

The company said it is also investing “several million” in technology infrastructure and capabilities. “This investment will change the way the business is able to interact with our customers, with greater insights providing a personalized customer experience to each prospective charterer,” the statement said.



Marine Products Reports Record Q4

The builder of Chaparral and Robalo boats reported net sales were up 42% for the quarter and 28% for fiscal year 2022.


Shurhold Appoints COO

Forrest Ferrari has years of management, business development, IT and quality-assurance experience.


RBFF, Pure Fishing Partner for a First Catch Center

Pure Fishing will equip a mobile trailer with tackle and gear to bring fishing experiences to areas of South Carolina where participation is low.


An Oft-Overlooked Sales Opportunity

A recent report from the Recreational Boating & Fishing Foundation showed that women comprise 37% of all anglers. If you haven’t tapped this segment, you’re missing out.

1. 2023 new boat retail outlook

Too Many High-Priced Boats

To wrap up 2022, marine retailers reported lower demand, expressed more negative sentiment and voiced concerns about rising inventory. Boat prices and the economy remained top of mind for dealers in December.

Soundings Nov 2022

New-Boat Registrations Continue to Slide

As the gaudy sales figures from the pandemic continue to return to more realistic numbers, the main segments of the recreational boating industry saw new-model registrations of 4,421 in November, a 30.3% drop from 6,340 during the same time in 2021. .

1_thumbnail_Darren Vaux Headshet 2022

ICOMIA President Darren Vaux sees common pressures facing worldwide boating industry

Founded in 1966, the International Council of Marine Industry Associations is a global organization composed of national boating federations and other bodies involved in the recreational marine industry. ICOMIA works on such issues as breaking down trade barriers, improving boating safety and promoting recreational boating worldwide.


Clearing the Waterways

In Florida, in the aftermath of Hurricane Ian, it was estimated that there were 6,000 derelict boats in southwest part of the state. In most cases, boat owners don’t know resources are available to remove them because until recently there weren’t many.


A Window on the World

Inflation, supply-chain kinks and the continuing war in Ukraine continue to be serious concerns, but numerous companies with a global presence for exports are reporting optimism at the start of 2023.