Will Chapman <[EMAIL PROTECTED]> wrote: >BW are making (a mistake) by pushing up the costs >of licensing and mooring. > >BW believe that the market can stand significantly higher licence >fees and mooring charges. This coupled with a continued increase >in the number of licensed boats is key to their medium/long term >strategy. > >What I think will happen is that the increased costs will make >more existing owners spread them by taking in shared owners ( >or hiring out for short periods). Higher ownership costs will >also bring down the growth in new boats.
As in any market, with boating there will be a point of diminishing returns, i.e. where increasing charges further will actually cause a reduction in total revenue. However, I doubt that BW's latest increases have taken us past that point, or even near to it. But I guess we won't know until we see the next couple of BW Annual Reports. Adrian Adrian Stott 07956-299966
