Press release: 2023 results and 2024 investments

February 14, 2024 2 min

Sunsail and The Moorings achieve record results and expands fleet in 2024.

[Nice, France] – Our “Yachts” division at Travelopia, a major leader in the yachting industry with the Sunsail, The Moorings and Leopard Catamarans brands, is delighted to announce a series of successes and milestones as we continue to make our mark in the world of yacht charter, yacht ownership and yacht sales. With an unwavering commitment to excellence, innovative business strategies and a passion for the sea, we are proud to share our tremendous success and look forward to a bright future.

Sunsail and The Moorings are investing significantly in their fleet with the acquisition of 160 boats in 2024.

By 2024, Sunsail and The Moorings will have an impressive fleet of 750 premium yachts. Demonstrating our commitment to expanding our offering, we have undertaken a significant investment in our fleet with the acquisition of 160 boats throughout the 2024 calendar year. This vast acquisition includes 50 monohulls under a new exclusive partnership with Dufour and no fewer than 110 catamarans from the Robertson & Caine shipyard, representing a total purchase value of more than 100 million dollars (USD). This resounding investment underlines our determination to offer our customers as many exceptional experiences as possible, and consolidates our position as world leader in the yachting sector.

Financial growth and outstanding results from the boat sales department

Our financial results demonstrate our commitment to excellence. In the last financial year, which ended on 30 September 2023, we achieved record results in our various business areas, with total sales of €315 million. Our Moorings and Sunsail yacht ownership/leasing revenues surged and, combined with the exponential growth of our exclusive Leopard catamaran distribution, our total yacht sales revenue increased by 60% in three years.

2023 was another exceptional year for our yacht sales business, marking a fifth consecutive record year.

World leader in Yacht Ownership

One of our proudest achievements is that we sell all the boats in our Sunsail/The Moorings fleet through our Yacht Ownership programme, which was created by The Moorings in 1971. We are the undisputed world leader in yacht management and an internationally renowned charter company. We have consistently delivered on our commitments to all our owners by continuing to pay guaranteed income even after Hurricane Irma or during the Covid-19 pandemic. This is a testament to the trust our customers place in us and the quality of the relationship we have with our owners under the Yacht Ownership programme.

At Sunsail and The Moorings, we are proud of our unwavering commitment to providing unrivalled experiences and opportunities in the world of cruising. We look forward to continuing our journey, sailing to new horizons and challenging ourselves in the years to come. Our commitment to innovation, customer satisfaction and our unconditional passion for the sea will remain our strong guiding principles.