Borrow A Boat Continues Global Expansion with Launch into France
Leading boat hire and yacht charter marketplace will be celebrating the announcement of its launch into France at the Cannes Yachting Festival, 6-11 September.
Borrow A Boat, one of the world’s leading boat rental and yacht charter marketplaces, will further diversify its global offering by launching into France, one of the world’s most renowned sailing hotspots.
Founded in 2016, Borrow A Boat has access to 45,000 boats in 65+ countries and is the pioneer of peer-to-peer boat charter. On a mission to make boating more accessible, affordable, flexible and inclusive for all, the marketplace enables owners to generate extra income from their vessel whilst reducing the high costs of boat ownership, including maintenance costs and marina fees.
The announcement of the launch into the French market follows a series of successes for the business, including a recent crowdfund raise. In the last 12 months, Borrow A Boat has seen accelerating growth and revenues, expansion into several new countries – including the US, Canada, Australia and New Zealand – and acquired three competitors, Helm, Barqo and Beds on Board.
The launch will be officially celebrated at the Cannes Yachting Festival (6-11 September), where the Borrow A Boat team will be attending along with specialist charter brokerage, Helm. Acquired by Borrow A Boat in 2021, Helm‘s expert brokers have carefully curated a collection of the finest charter yachts on the market.
Founder and CEO of Borrow A Boat, Matt Ovenden says, “Along with our planned IPO, we felt a launch into France – one of the most popular boating destinations in the world – was the natural next step.
“We are looking forward to opening up our world leading marketplace, with the widest choice of yachts worldwide, to a French audience, and what better way to announce this launch than in Cannes, at one of the world’s most prestigious yachting festivals.”
For more information on Borrow A Boat, visit www.borrowaboat.com.
Notes to Editors:
Join the Borrow A Boat team at Cannes Yachting Festival, 6-11 September at Palais Stand 058, or visit the Helm stand at Broker 111:
The Borrow A Boat team look forward to sharing a number of exciting new announcements following a year of accelerating growth and revenues in 2021.
Visiting media are invited to join us for a glass of fizz and the opportunity to talk to CEO of Borrow A Boat, Matt Ovenden, on the all latest developments in the company, including expansions, acquisitions, crowdfunding and more.
To arrange an interview with CEO & founder of Borrow A Boat, Matt Ovenden, please email the team: [email protected]
For further press information, please contact:
Rosie Crass | Olivia Hazelden-Kingdon | Elsa Findlay
T: +44 (0)20 3440 8930
E: [email protected]
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 45,000 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 marketplace.
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.
Co-founded by Simon Morgan and Peter Harrison in 2015, Helm offers fully tailored yachting holidays. Well-known for quality yachts and excellent service, Helm’s team of expert sailors and brokers assist customers on every step of the journey, from enquiry to finalised booking and beyond, to ensure guests can enjoy the best yachting experience.
Helm offers bareboat, skippered and crewed boats for hire globally, with specialist areas include Croatia, Sardinia, Turkey, Thailand, New Zealand, Australia, the Caribbean, and the British Virgin Islands.
Both seasoned sailors, Peter and Simon spent years in the industry, both as skippers and then as brokers, bringing an in-depth knowledge of the sector.
For more information, or to make a booking, visit the website www.helm.yt.