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Turkey charter: lonely in paradise

At first, everything in Turkey's dream sailing area seems to be the way it always was. But a lot is actually different.

The charter business is recovering from a deep crisis. First due to political developments, then due to new legal regulations, bookings have broken down in recent years. Operators relocated their fleets abroad, some providers gave up. Until 2016 there were around 500 charter yachts in Turkey, the number decreased to 312 boats by the end of 2018. In March of last year the regulation came into force that only yachts under the Turkish flag can be chartered.

By the end of 2019, the number of charter yachts in Turkey had dropped to only around 160. At the same time, interest among charter customers has increased significantly in the recent past. But there is a lack of boats.

The shortage of offers has, at least, positive and negative consequences for charterers.

Bolle, L. (2020). Turkey charter: lonely in paradise. YACHT, (4).

You can read the full article here.