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![]() Chuck Gould wrote: A few years ago, our local marina owners' association hired an advisor to speak at one of their meetings. His message: "Raise your moorage rates constantly. Do not try to keep your rates down to where your slips are always filled. Shoot for about a 20% vacancy rate. When you are 20% vacant because of higher rates, your overall revenue will be more than it was with all of the slips filled at a lower rate and your expenses will be less because you are providing services to fewer boats." I think we have 2-3% vacant slots. Would be nice to have all slots full - that way the club could have more money wise and we wouldn't need to pay up for the non-existent/non-boat-owning members either. Risto |
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