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Online Boat Rental Industry Takes a Strong Upturn for Growth
The rise in disposable income has increased the participation of people in water-sports activities. Furthermore, the post-pandemic rise in tourism has spurred the demand for boat rentals across the globe. Starting an online boat rental platform with multiple offerings can be a suitable opportunity to bridge the gaps and create a stable source of income.
Established players in the boat rental industry:-
Nautal
Click&Boat
Boatsetter
Zizoo
- The Boat Rental Market is projected to grow from a value of USD 18.45 Billion in 2021 to USD 29.67 Billion by 2029, with a compound annual growth rate of 6.12% during the forecast period of 2022 to 2029.
- Boat rental charges can reach up to $10,000 per week for Monohull boats and $20,000 per week for super yachts.
- Fuel-powered boats account for 68.5% the global boat rental market share whereas electric boats account for the lowest share in the rental market.
- Europe is expected to be the fastest-growing market for boat rental businesses by the end of 2029, with a market share of 35.78%.
- Boat Setter- A leading boat rental company successfully raised $38 million in its Series B funding.
Disclaimer: FATbit/Yo!Rent is not associated or affiliated with any of the brand name or trademark used on the page. They are properties of their respective owners. Features of these websites may or may not vary from those available in Yo!Rent. Additional features or APIs can be added in the customization plan.
Allow Your Customers Rent Out Different Types Of Boats
Yo!Rent allows rental marketplace owners to lend different types of leisure, luxury, and sports boats.
Sailboats
Jet Skis
Kayaks
Cabin Cruiser
Yacht
Revenue Generation Channels For An Online Boat Rental Business
Diversified sources of revenue aid in making your boat rental business financially stable. Yo!Rent, boat rental software, supports various channels to generate revenue. A few of them are as follows.
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Rental
Commission -
Rental
Add-ons -
Featured
Listings -
Display
Ads -
Vendor
Subscriptions -
PPC
Campaigns
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Rental
Fee -
Display
Ads -
PPC
Campaigns -
Rental
Add-ons
Accelerate business growth with Yo!Rent
Get in TouchTop Features To Automate The Workflow Of A Boat Rental Business
Rental Agreement Management
Let vendors/boat owners sanction their own terms and conditions with rental agreement management and eSign options.
Booking Management
Prevent overbooking, late returns, and improve order fulfillment rate with intelligent booking management features.
Rental Security Management
Collect advance rental security for rented boats which can be later utilized for damage recovery and settle unauthorized usage of the boat.
Analytics and Reports
Review analytics and go through the rental reports to identify key performance indicators that help in measuring the success of your boat rental business.
Product Comparison
Help your customers make informed decisions with the product comparison module. It allows boat comparison with respect to features and pricing.
Launch a feature-rich boat rental marketplace with Yo!Rent
Contact UsExplore Yo!Rent Boat Rental Software Demos
Explore Yo!Rent Boat equipment rental software demos without signing up or providing any personal info
Pre-Integrated APIs for Enhanced Flexibility
Yo!Rent is pre-integrated with more than 20 APIs that enhance user engagement and improve efficiencies.
Why Yo!Rent?
Yo!Rent is a leading rental software that helps entrepreneurs launch their online rental businesses easily. It comes equipped with business proficient modules that streamline rental operations and a user-friendly interface for increased customer engagement and retention. Further, Yo!Rent also allows business owners to customize and scale their rental marketplace, as per their requirements.
Fully
Customizable
No Recurring
Charges
Highly
Secure
Lifetime
License
White
Labeled
