AvYachts, the foremost provider of fractional yacht ownership, is doing for yachting what NetJets and Flexjet have done for private jet travel: Selling shares to make an exclusive experience more affordable and accessible.
AvYachts owners purchase a share that entitles them to six weeks annually aboard a fully crewed luxury yacht. And, if they don’t want to use the full six weeks, they now can trade a week aboard for three weeks at one of the villas, penthouses or other properties available through Elite Alliance®, the leader in luxury home exchanges.
The agreement with Elite Alliance is unique in the luxury vacation market. As AvYachts chief operating officer Kathy Kennedy notes, an owner may spend a few weeks in the winter in the Bahamas, then a couple of weeks in the summer off Nantucket and, finally, trade a week on her yacht for three weeks at a Tuscan villa or a London townhouse through Elite Alliance.
The yachts, built by Westport, North America’s premier luxury yacht builder, are 112, 130 or 164 feet in length. AvYachts owners can travel to and from some of the most sought-after destinations including South Florida, the Bahamas, the British Virgin Islands and New England, with planning for European and other global destinations underway. AvYachts is the most dynamic and trusted global alternative yachting lifestyle brand, the first truly new advance in yachting in generations. Combining shared, hassle-free and cash-efficient yacht ownership with a highly curated and customized voyage, AvYachts makes it about the experience, not the vessel.
Elite Alliance is the leader in exchange services for prestigious residence clubs and luxury, professionally managed vacation homes. The simple exchange process transforms real estate ownership into a key that unlocks the door to seamless travel adventures – ski trips, golf getaways, beach escapes and much more – at a growing array of coveted destinations worldwide. Properties in the Elite Alliance portfolio meet premium standards of quality, service, location and amenities. Elite Alliance members experience the luxury, convenience and personal attention they have come to expect, whenever and wherever they go on an Elite Alliance vacation.