Our History

Regency Charter Services was begun in the Virgin Islands in 1981 to service the growing fleet of crewed charter yachts operating in the Islands. Several years later Regency Yacht Vacations, the charter brokerage, was launched to develop and expand the charter market from yachtsmen into the general travel market. Guiding and developing these strategies, Kathleen Mullen, moved from chartering and sailing the world on yachts to a shore side base that embraces the newest technology that helps sell charters on our yachts.

Many things have changed over the years, from the thousands of dollars owners used to invest in print brochures, to the transition to selling on the Web and from simple sailing yachts to the more elegant accommodations now found aboard our fleet. Our service base has shifted from the USVI (where we still maintain an office) to the BVI at Wickhams’ Cay in the heart of Road Town, Tortola. However, we continue to use a FDIC bank in the US for our safe and secure Trust Account, where charter deposits are held segregated until disbursement to the yacht owner before each charter.

Our services are based on helping each owner achieve the goals they set – and to help you determine realistic goals based on our experience. Our fees are modest but are also commission based, so we do not accept new clients if we feel we cannot successfully help them develop their business.

For that reason, all yachts and their crews must be reviewed for suitability before joining our fleet.

Regency offered Owner benefits:

Promotional

  • Development of a no contact web brochure for broker use to sell charters as well as pdf file for print brochure available to brokers
  • Listing and brochure on Central Yacht Agent
  • Listing of charter rates and other details on our web site and Charter Yacht Agent Web site
  • Six day a week servicing of brokers questions and email to book charters
  • Follow up with brokers on charter deposits, Automatic deposit of charter funds, contract and preference sheets to make sure each charter runs smoothly

Calendar Management

  • Web site for owners and crew to view and download upcoming charter details
  • Brokerage sales staff with hands on experience to advise on marketing ideas, rates and other essentials to book your charter yacht.
  • Advice and assistance in compliance with operating requirements for the US & British Virgins Islands
  • Advice and assistance with crew placement & employment

Rates:
Yachts using basic clearinghouse Service based in the Virgin Islands

  • For yachts operating in the Virgin Islands $130 a month fee which includes mail through the BVI and USVI postal services, plus 1% of each broker booking placed on the schedule
  • Calendar management and active marketing of our yachts to brokers
  • Active marketing of our yachts to the public by our in-house brokers
  • Full office services including photocopying, scanning and office supplies
  • Unlimited local calls & faxes as well as calls to the USA.
  • One hour a day use of our adsl internet hook up (through our computers or your laptop)

Based in US or not

  • Yachts using basic clearinghouse services based in other locations
  • Yachts based outside of the VI who do not need office services are charged a monthly fee of $100 plus 1% of each broker booking.
  • Calendar management and active marketing of our yachts to brokers
  • Active marketing of our yachts to the public by our in-house brokers

Full management package
Owners employing crew, or wishing to establish a trade license to base in the British Virgin Islands may need additional support. Some owners may wish to put their yacht under our management trade license where we handle crew employment, payroll & taxes as well as other accounting needed to run a business. Because these are customized services, please call or email us to discuss your specific objectives & how we can best provide assistance.

 

Copyright © 1999-2005, Regency Charter Services   Design, Hosting & Marketing by: Nemesis Marketing Inc.