Tapping into the new wave of sharing, the first boat rental marketplace has launched covering Asia Pacific and the Middle East, the two biggest emerging markets for sailing and yachting.
 
Co-founder, Tim Gundry, of Boatbay says it is "the Airbnb for boating, yachting and people who want to experience a social activity on the water".
 
Boatbay is a community driven website connecting boat and yacht owners, with people looking to rent, charter or crew watercraft of any kind, and its focus is on people who wish to rent a boat located within Asia Pacific or the Middle East, which are massive growth markets for travel, leisure and lifestyle.
 
The average boat owner uses their boat 15 days a year, while spending a fortune in storage and maintenance fees with no way to offset these costs.

Boatbay lets an owner earn money out of his or her boat, while making quality lifestyle boating affordable to everyone.

Tim Gundry: More people taking to the water for a variety of reasons. Gundry is all too familiar with the costs of boating: "The expenses really add up. The advantage of using Boatbay is that you can offset these expenditures while still enjoying boat ownership."

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