‘Airbnb of boats’ unveils US site, cementing the business’ position as market leader in the boat rental sector.
Borrow A Boat, Britain’s leading boat rental marketplace, has today launched in the US with a dedicated website www.borrowaboat.com/en-US.
Known as the ‘Airbnb of boats’, Borrow A Boat has pioneered peer-to-peer boat charter since starting in the UK in 2017, and the new US site marks a key milestone in the company’s 2021 global expansion plans.
The boat rental market in the US is projected to surpass a valuation of U$19.7bn by 2030(1) as interest in leisure boating continues to increase. Borrow A Boat’s US launch means that even more Americans can enjoy domestic boating holidays, plus foreign visitors to the US can enjoy a unique experience on the water once Covid travel restrictions are lifted.
Founded in 2017 by UK entrepreneur, Matt Ovenden, Borrow A Boat has experienced phenomenal growth since its inception and currently has access to over 35,000 vessels in 65+ countries.
Matt Ovenden, CEO and founder of Borrow A Boat said: “Our expansion into the US is a key milestone in the growth of the business and brand. The US is one of the world’s biggest boating markets but remains largely untapped in terms of peer-to-peer charter.
“Not only does the US boast fantastic coastlines, but it also has some of the most picturesque lakes in the world and a wide variety of different waterways to suit all boating needs.
“Marine tourism is expected to fuel demand for boat rentals which provide an easy and convenient way to use a boat without the expense of owning it outright. Borrow A Boat offers boats as customers require, at competitive prices, with or without crew or a skipper, along with additional facilities such as hot tubs or jet skis.”
The US site has access to over 35,000 vessels, with more boats being added each week. Borrow A Boat has boats in popular sailing regions such as New York, Chesapeake Bay, Cape Cod, Rhode Island, Fort Lauderdale and Miami, plus numerous well-known lakes across the country.
Customers can choose from a variety of vessels, including sailboats, motorboats, riverboats, RIBs, catamarans, gulets, luxury yachts and superyachts. Thanks to peer-to-peer lending and the wide variety of boats available, customers can be reassured they are receiving the best selection at the most competitive prices. Prices for day boats start from $60 per day and sailing yachts from $150 per day.
Ovenden continues: “As the US domestic travel market continues to grow, and with the promising news of US-UK travel routes reopening, Borrow A Boat is perfectly positioned to meet the needs of customers from both sides of the Pond. The US launch is further evidence of our ethos: to make boating more accessible, affordable, flexible, and inclusive for all, and to get more people to experience the positive benefits from being on the water.”
For more information on Borrow A Boat US, visit www.borrowaboat.com/en-US.
-Ends-
Notes to Editors:
- (1) https://www.prnewswire.com/news-releases/global-boat-rental-market-analysis-size-share-growth-trends-and-forecast-to-2027-301002069.html
- Borrow A Boat CEO, Matt Ovenden, is available for interview or comment upon request.
For further press information contact, please contact:
Jo Kendall | Elsa Findlay
Rooster PR
T: +44 (0) 20 3440 8930
E: [email protected]
W: www.rooster.co.uk
About Borrow A Boat:
Launched by boating enthusiasts in 2017, Borrow A Boat is on a mission to make boating more accessible, affordable, flexible, and inclusive for all through both traditional yacht charter companies and peer-to-peer yacht charter. Peer-to-peer charter enabling boat owners to offset the high costs of boat ownership by reducing maintenance costs and marina fees, whilst offering consumers more affordable and flexible boating experiences.
With over 35,000 boat rentals and yacht charters available in 65+ countries including the UK, the Mediterranean, the Caribbean, North America, and South East Asia, Borrow A Boat is the leading yacht charter platform.
Borrow A Boat facilitates boat rental from just £40 per day, sailing yachts from £1,000 per week and luxury motorboats and superyachts, under Borrow A Boat Plus, from approximately £10,000 per week.
Boats of all types are available for rental, including sailboats, motorboats, riverboats, RIBs, catamarans, gulets, superyachts and luxury yacht charters. Customers can choose a boat with or without a skipper, depending on their sailing experience.
All boats meet the stringent safety and insurance codes, standards, and regulations for yacht chartering in their respective locations.
For more information, or to make a booking, visit the website www.borrowaboat.com.
