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First recorded activity by BoatBanter: Jul 2006
Posts: 61
Default What did your boat dock..................


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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