RSS FeedHow to share a sailboat
January 9, 2010
via ft.com
The idea is simple. One person buys a boat and hands over the management to SailTime. The company then finds up to seven others who will pay to share sailing time with the owner. The non-owners pay a membership fee to SailTime that gives each of them the right to sail the boat on up to 42 days a year. In return for sharing the boat, the owner has it moored and maintained free of charge and receives a monthly leasing income.
Read more here: http://www.ft.com/cms/s/2/38ff2ae0-fa64-11de-beed-00144feab49a.html
