Home LuxuryTravel Cruises CruisingClub.com: Row your boat

CruisingClub.com: Row your boat

Posted: Jun. 26th, 2006  |  By JustLuxe Team
Luxury Boats: Owning a luxury boat is without a doubt a status symbol. The only problem is that you don't have a lot of time to spend cruising around the world, and buying a boat means hefty responsibilities. There's maintaince and insurance, plus marina fees. If you're smart with your money-and we're willing to bet you are-you'll want to get the most bang for your buck, and still show off your monetary bravado.

Fractional luxury boat ownership with CruisingClub.com gives boating enthusiasts the chance to have a more luxurious boating experience while keeping many of the costs associated with boating at a minimum-now that's being smart. Here's how it works: There are different membership levels, including Full, Executive, Corporate and Owner/Developer.

Full members can cruise up to 21 days each year, (seven days every four month booking period) for the pre-determined life of the vessel, at which time the vessel resale proceeds are refunded to members according to the equity they hold.

Executive members purchase and own 20% equity in their selected vessel and have access and use of up to 57 days each year (19 days every four month booking period) for however long the vessel is owned.

Corporate members purchase and own 10% equity in the boat of their choice and have access and use of their selected vessel for up to 27 days each year (nine days every four month season) for the life of the vessel. Corporate members are also repaid 10% of the net resale value of the boat when it sold.

If you like to calls the shots, an Owner/ Developer membership is perfect. Owner/Developers initially purchase a fractional vessel outright, commissions the fractional, legal, marketing and management setup, and owns 100% or 50% equity in the boat. If you're considering purchasing your own luxury cruiser, and enjoy the idea of turning your boat from a depreciating leisure asset into an appreciating business, The Cruising Club Vessel Developer program could help you turn a hobby into profit-now that's being smart about your money. Visit www.thecruisingclub.com for more information.

For LxM Amy Covington
You might like :
Related Topics : Luxury Travel
Need to Get Away?
Top 10 Business Hotels
Who says you canít mix business with pleasure?
Read More
Featured Contributor
Sally FarrisSally Farris
With a blistery winter hitting most of the U.S., flowers blooming, birds chirping and clear blue...
Read More | View Profile
Related Articles

The World's Best Luxury Hotels
Find a Luxury Hotel

Search Hotels

Travel Options

Guests

Rooms

Search Hotels
expand
The JustLuxe Collection presents Featured Luxury Hotels
Current News & Features
We're Swooning Over This Roman Hotel That Once Housed Woody Allen for 3 Months
3 Awesomely Active Spring Retreats to Enjoy and Maintain Your Fitness Goals
Scrub Island Resort & Marina is Almost Like Staying On Your Own Private Isle
Celebrity Cruises Takes Exclusivity A Step Further With Their Suite Class Options
Which Ottawa Hotel Has Played Host to Queen Elizabeth, Winston Churchill, Nelson Mandela and Princess Diana?
Tequila Avion's $500,000 Package Includes a Private Jet for You & 10 Friends Plus a Professional Photog
36 Hours in Muscat: A Quick Guide to Exploring the Alluring Capital of Oman
Tom Harper River Journeys is Calling Travelers Back to Egypt With Their New 12-Day Excursion
The St. Regis Mexico City Unveils Professional Stylist Program & Curated Shopping Tours
The Villa You're Going to Want to Rent While Attending the Cannes Film Fest
See the complete list
Play Video Play Video Play Video
L'Auberge
Del Mar
Berlin
City Guide
Vancouver, Canada