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10 May 2021 | 13:30 (UTC)
SuperYacht Times asked the all-important questions to seven charter companies about their experience of the Covid-19 pandemic; how it impacted their business; what challenges they faced; and what the future holds.
From remote working to endless Zoom calls, itâs fair to say that the pandemic has drastically impacted the way we do business. But what has it meant for charter companies and the way they operate not only now, but in the future?Â
Of course the most prevalent concern for most of these companies is revenue, with bottom lines directly hit from March 2020. Head of Charter James Graham-Cloete at TWW Yachts explains: âEarly bookings for the Med season were down due to the pandemic, with the May and June charters cancelled or postponed. The TWW Charter Fleet also saw fewer of the larger vessels crossing back to the Med from the Caribbean, and this had a direct impact on summer revenue YoY. From the TWW flee