Boatbay Launches First Boat Rental Marketplace in Asia Pacific and Middle East

SINGAPORE - Media OutReach - 20th August

2014 -- Boatbay ( announced the official launch

today of the first boat rental marketplace in Asia Pacific and the Middle East.

Boatbay is a community driven website connecting

boat and yacht owners, with people looking to rent, charter or crew watercraft

of any kind. Boatbay's 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,

co-founder of Boatbay 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".

Boatbay allows boat owners and boat charter

companies to list their boat at no cost. All the boat owner has to do is to add

some photos, a description, contact information and pricing. The owner can rent

or charter their boat with themself as the captain; or select a captain of

their choice or rent to someone with a boat license.

Boat renters can browse listings across their chosen

destination, find a boat they like, select dates and book. Boatbay takes a

small commission on consumed bookings and the owner gets the rest. Boat rental rates vary according to

the size of the boat ranging from a few hundred to a few thousand dollars.

"A wide variety

of watercraft can be found on Boatbay" added Tim Gundry. "Boat renters can

search and rent a luxury motor yacht in Sydney, a sports fishing boat in Dubai,

a 1906 Danish built sailing yacht in Phuket or even a submarine in Bali".

"We are

seeing an increasing amount of people taking to the water for a growing variety

of reasons, such as hosting a corporate event or birthday party, fishing, water

skiing, recreation and family holidays. Recreational boating is a $50 billion

dollar industry and Boatbay enriches people's lifestyles by enabling fresh

social experiences. A 24 foot boat that costs $35,000 to buy is available on Boatbay

for rent as little as $150 a day".

Tim continues, "Boatbay not only improves industry

efficiency, but enables transparency and reduces risk. We are building a peer-to-peer

driven community which empowers people to write and post user reviews of boat

owners, yacht charter companies, and those who rent or charter boats".


concludes "Boatbay is the airbnb for boating, yachting and people who want to

experience a social activity on the water".

For more

information about Boatbay - visit or