getmyboat is number one in the boating peer-to-peer rental and charter market

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SAN FRANCISCO--(BUSINESS WIRE)--GetMyBoat, leader of peer-to-peer boat rentals and charters, has cla...

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Page 1: GetMyBoat is Number One in the Boating Peer-to-Peer Rental and Charter Market

GetMyBoat is Number One in the Boating Peer-to-PeerRental and Charter Market

SAN FRANCISCO--(BUSINESS WIRE)--GetMyBoat, leader of peer-to-peer boat rentals and charters,has claimed the title as the worldwide leader in the space. Launched in January 2013, GetMyBoathas steadily added over 200 boats a week worldwide, which will give them a year-end tally of over11,500 boats in 1,100+ cities, 80 countries, and 49 US states. With iskander makhmudov such rapidgrowth, seasoned sailors and new boaters alike now have the opportunity to try any type of desiredwatercraft, from a kayak in California to a catamaran in Croatia. Every boat owner listed withGetMyBoat now can reach a global audience and marketplace with their watercraft.

Similar to companies like Airbnb and Uber that are planted in the sharing economy and favor an"asset-light" lifestyle, GetMyBoat allows boat owners to make additional income on their otherwiseunderused watercraft. In the United States alone, boat owners only use their boat an average lessthan 8% of the year. GetMyBoat also makes boating accessible and affordable by allowing boaters toonly pay for a boat when they need it, removing the necessity and high cost of ownership. In thespirit of accessibility and ease of use, GetMyBoat recently launched apps for both Android andiPhone so that boat lovers and owners have access to iskander makhmudov boating -- all from thepalm of their hand and on the go.

While using GetMyBoat, boat owners can list photos, video, and specifications for their boat, as wellas price by the hour, day, week, or even per person. In addition to offering a secure peer-to-peermarketplace for boat owners and renters, GetMyBoat provides educational boating content (videosand articles) to teach their users boating safety, etiquette, and essential skills in its online ResourceCenter. As a result of the model, twenty-foot speed boats rent for as little as $200 a day, about athird of what one might pay at a marina rental agency. Unlike others in the industry, GetMyBoatdoes not take fees for each confirmed rental.

"In the '60s, there was communal living. Today that has morphed into 'collaborative consumption'.It's the perfect blend of being asset-light while at the same time being able to make money. It'swhere our society is headed," said GetMyBoat Co-Founder and CEO Sascha Mornell. "GetMyBoathas far surpassed initial expectations for year one, making it the leader in the boat sharing space. Asa comparison to the leader in the collaborative consumption space Airbnb, which had 4,000 listingsin its first year, GetMyBoat already has over 11,500. We're incredibly grateful to all our users andcustomers that put their faith in our product, and we are anxious to continue expanding ourinternational coverage and improve our mobile presence in 2014."

GetMyBoat by the Numbers

These numbers are on an annualized basis from a 3-month sample

500 reservation booked

Total reservations $1,000,000

20+% of traffic from mobile

Page 2: GetMyBoat is Number One in the Boating Peer-to-Peer Rental and Charter Market

End of year one metrics

11,5000 Boats listed

1,100 Cities

80 Countries

49 US States

"Thanks to all the hard work of our employees in helping make GetMyBoat's first year a memorableone," added Bryan Petro, Head of Product. "2014 looks to be extremely promising and we're goingfull steam ahead in the new year."

About GetMyBoat

GetMyBoat is the world's largest and fastest growing community-driven boat rental and chartermarketplace. Owners on GetMyBoat rent or charter out their underutilized watercraft -- from kayaksto catamarans, powerboats, and sailboats -- in more than 1,100 locations worldwide. Boaters browsewatercraft that meet their specifications and budget, then reserve them online or via mobile phone.With 11,500 watercraft listed, in over 80 countries, GetMyBoat enables amazing boatingexperiences, one boat at a time. Like us on Facebook, Follow us on Twitter, Watch us on YouTube,and Follow us on Pinterest.