--- title: Yacht shopping is a good time — but just the start of the expense - The Hustle description: Want an on-water Hyatt Regency? Great. Don’t forget about the operating costs. image: https://hs-sbup.thehustle.co/hubfs/The%20Hustle%20News/Assets/Images/1895303210-httpsthe-hustle.hubspot.comhubfsDaily20Newsletter20ImagesMarch2027202023Superyacht-881x1024.webp --- # Yacht shopping is a good time — but just the start of the expense ![Ben Berkley](https://53.fs1.hubspotusercontent-na1.net/hubfs/53/assets/hubspot.com/web-team/WBZ/HubSpot%20Media/Blog%202021/Images/Nav/Optimized/TheHustle_Icon_Dark.svg) [Ben Berkley](https://hs-sbup.thehustle.co/author/ben-berkley) Published: April 04, 2023 Updated: October 11, 2023 Forgive us if we’re a little sour today — it’s just that we have to wait a *whole ‘nother year* for the next Palm Beach International Boat Show. ![yacht operating costs](https://hs-sbup.thehustle.co/hs-fs/hubfs/The%20Hustle%20News/Assets/Images/1895303210-httpsthe-hustle.hubspot.comhubfsDaily20Newsletter20ImagesMarch2027202023Superyacht-881x1024.webp?width=595&height=400&name=1895303210-httpsthe-hustle.hubspot.comhubfsDaily20Newsletter20ImagesMarch2027202023Superyacht-881x1024.webp) What a treat to (virtually) gallivant across a Florida marina, brandish gobs of (make-believe) money, and (mentally) shop for freshly debuted luxury vessels. - [Per](https://www.bizjournals.com/southflorida/news/2023/03/21/palm-beach-international-boat-show-2023.html) *South Florida Business Journal*, the just-wrapped festival o’ ferries assembled watercraft worth $1.2B. Fortunately, we’ve got a weekend full of memories for the scrapbook… #### **In case you have a few million sitting around** These were our favorites [on parade](https://robbreport.com/motors/marine/gallery/palm-beach-boat-show-massive-superyacht-fleet-1234820191/2-arrow/) in Palm Beach: - **Feadship** ***Arrow*** is the kind of Cinderella story one can’t help but root for. The floor plan includes a gym, bar, and massage room. The trade-in still carried a confident, like-new asking price of ~$150m. - **Benetti** ***Alfa*** brought 229 feet of life-of-the-party energy — the hydropalace has an infinity pool that converts into a dance floor. - That’s fitting: Anyone who drops a mere $70.5m to land the 2021 winner of the “World Superyacht Award for Displacement Motor Yachts Between 1,000 and 1,599GT” will be quick to cut a rug. #### **Piercing the fantasy…** …is the exorbitant price that must be paid* after *the mega-sum purchase. (There’s also the whole “superyachts [produce](https://www.theguardian.com/environment/2022/jan/29/superyacht-sales-surge-prompts-fresh-calls-for-curbs-on-their-emissions) 1.5k times more carbon than the average car” thing to consider.) - A rule of thumb, [per](https://www.cnn.com/travel/article/hidden-costs-of-owning-a-superyacht/index.html) *CNN*, is that 10%+ of a superyacht’s purchase price will be spent yearly to keep it afloat. - Running 10 weeks on a boat *Alfa*’s size through a [cost calculator](https://www.luxyachts.com/yacht-cost-calculator) spits out a ~$4m estimate. It’s not all sunk costs, though: Some owners try to [recoup](https://skift.com/2023/03/20/this-airbnb-of-boats-shows-the-upside-of-a-growing-water-tours-sector/) losses via chartering. Topics: [Yachts](https://hs-sbup.thehustle.co/tag/yachts) ## Follow us on social media Pop up for Subscribe to The Hustle Daily Newsletter Subscribe to The Hustle Daily Newsletter Get the 5-minute news brief keeping 2.5M+ innovators in the loop. Always free. 100% fresh. No bullsh*t. JOIN FREE ### 100% Free CRM Nurture and grow your business with customer relationship management software. 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