All You Need To Know About Boat Rental App Development

Boat rental app development. This may or may not be a new concept to you. But one thing we can all agree on is, it’s one of the fastest-growing concepts in the market.

Back in 2021, the boat rental market was worth somewhere around $ 100 million. And with a CAGR of 15.70%, it’s expected to reach $280.02 million by 2028.

This speaks volumes about the boat/yacht rental market. As well as the reason why so many businesses are considering developing an app for boat rental.

Speaking of app development, this brings out a lot of common and not-so-common questions. For instance, what are boat rental apps, how do they work, whether or not should you create one, what development process, and so on.

Well, without further ado, let’s discuss all of this in detail. Starting with:

What Are Boat Rental Apps, Exactly?

So, what are boat or yacht rental apps exactly?

Well, consider this, one day you are feeling adventurous, and you want to explore the sea. Sail the tides and travel to a land far away. But the only issue is, you don’t have a boat or yacht.

Now, buying one can be super expensive going upwards to millions. Even if you are willing to spend that much, some people just don’t want to buy a whole boat to use once a year, right?

This is where the yacht rental app comes in!

As the name suggests, a yacht or boat rental app allows users to find and rent one out. Pay for it via the app itself, take it for an adventure, and park it back.

It’s as simple as that. And as you can assume, it concept is growing more and more popular as time progresses. This is the reason why boat rental app development is being considered more and more by startups, businesses, and rental companies.

But before we discuss whether or not you should build a yacht rental app, let’s discuss the working of this platform.

How to Do Boat Rental Apps Work?

So, how do these boat rental apps actually work? This is one of the most questions to ask when creating your own rental app.

Moving on, there are three important parts or components of rental apps. Namely: the user, the renter, and the app admin.

Let’s discuss each of these in detail:

The User – Renters

Users or people who want a yacht or boat for their next adventure. These users are the driving force of any platform. And here, the users are the ones who actively look for boats, interact with the renters, and pay for the rent.

Speaking of which, this brings us to the boat renter.

The Boat Owners

This one needs no introduction as the name itself tells everything. Much like car rental, when a boat owner or yacht owner wants to rent out their boat, all they need to do is visit this platform and list their offering.

But this is less about individual owners and more about existing boat rental businesses. Well, we shall discuss more it later down the line.

Boat Rental App Admin

Goes without saying one of the most important parts of the yacht rental app is the app admin or just the admin. The reason is that the admin is responsible for supervision; smooth functioning, and so on.

Well, they are responsible for a lot, and we A LOT of things ranging from revenue to customer retention.

So, this is how the boat rental app development solution works. With this out of the way, let’s see whether or not you should invest in this solution.

Should You Invest in Boat Rental App Development?

Should you invest in boat rental app development?

This is a question that everyone is bound to ask and rightfully so. Well, cutting to the chase, building a yacht rental app is actually worth it.

Here’s how:

• A lot of Revenue: the first obvious reason to invest in boat rental app development is the revenue it offers. It goes without saying that yachts don’t come cheap even when it is about renting them. So, whether you work as an aggregator platform or a standalone app for your business, revenue is one of the biggest benefits.
• Business Growth: have you ever heard of the term, competitive advantage? Well, that’s what you get by creating a boat rental app if you run a boat rental business. With a digital front for your business, you can reach many more customers.
• There’s Demand: there’s actually high public demand for yacht rental applications in the market. And you know what this means? It means if you satisfy this demand, you are the next big thing in the industry.

These are some of the reasons to invest in boat rental apps like Turo. Speaking of turo, let’s look at some of the more popular boat rental apps.

Popular Boat/Yacht Rental Apps

If you want to create a private boat rental app, yacht rental app, or any other form, it’s a good idea to learn from the best in the field.

That’s why, we shall be discussing some of the top boat rental apps in the market. With this said, let’s get right into it:

1. GetMyBoat – Best Yacht Rental App

Let’s talk about the top-rated boat rental app that offers a wide range of boats and yachts for rent, from small fishing boats to massive luxury yachts.

We are talking about GetMyBoat.

Available in more than 184 countries, it’s a good choice for people who are looking for sea adventure without spending a fortune.

Plus side is, it’s easy to use, helps the users find a boat in no time, and comes with a lot of filters.

2. Boatsetter – Popular App For Boat Rental

Another popular boat rental app, Boatsetter connects boat owners with renters.

As you might assume, here you can look for boats and yachts. Plus, what makes it stand out from the rest is, there are a lot of rental options. These range from bareboat charters to fully crewed yachts.

Plus, as a good rental app should, it provides insurance coverage. All in all, there’s a lot you can learn from this app for boat rentals.

Boatsetter also offers insurance coverage for renters, making it a great choice for those who want peace of mind while out on the water.

3. Click&Boat – Global Boat Rental Platform

Click&Boat is a global boat rental platform that offers boats and yachts for rent in over 50 countries.

Moreover, the app offers a range of rental options, from small powerboats to large luxury yachts, and it allows renters to book directly with boat owners, eliminating the need for a middleman.

Click&Boat also offers insurance coverage for renters and 24/7 customer support.

4. Turo Boat Rental App

Turo is a boat rental app that allows users to rent boats from private owners.

It provides a platform for boat owners to list their boats for rent, and for renters to find and book boats for their next adventure on the water.

Moreover, with Turo, users can easily search for boats by location, price, and availability, and they can communicate directly with boat owners to finalize details and arrange for pick-up and drop-off.

5. YachtCharterFleet

YachtCharterFleet is a yacht rental app that offers a range of luxury yachts for rent in popular boating destinations around the world.

As such, the platform allows renters to choose from a variety of rental options, from bareboat charters to fully crewed yachts, and it offers 24/7 customer support.

This private boat rental app also offers an online booking service and the best price guarantee.

These are some of the best examples of boat rental apps. With this out of the way, let’s discuss another important thing,

Feature To Include App For Boat Rental

The importance of features in a mobile app, including boat rental apps is inarguable. Without further ado, what’s the feature that you should include in your yacht rental app? Well, some of the basic features are, as mentioned below:

Boat Rental App Development Process

It’s time to discuss the boat rental app development process.

There are a number of steps and things that we need to deal with. But we have put it in an read to read format for you.

Therefore, let’s get right into it:

1. Ideation

The idea is the first step towards successful app development.

What idea do you ask? Well, while a boat rental app is already a niche-specific concept, you can come up with your own unique variation.

For instance, a boat rental app with an AI-recommendation system, one with a nautical sea map, one with a sea traveling guide, and so on.

Once you have this, let’s research the market.

2. Research

It’s time to conduct market research.

Learn from the competitors, analyze their strategies, learn about the audience base, “Find the target audience”, and so on.

Once this is done and you have cross-checked your idea, we move to the next step i.e. hiring a developer.

3. Hire An App Developer

It’s time to hire an app developer for your boat rental app project. Now, finding app developers in 2023 isn’t the hard part. The difficult part is choosing the right one.

Therefore, it’s recommended that you check their profile, past work, and other important factors before shaking your hand.

4. Planning

Once you have a development partner, it’s time to plan the entire process. This includes choosing between iOS and Android app development, building a tech stack, creating a road map, and so on.

Nevertheless, it’s time to set the plan in motion and create the final version of the app.

5. Boat Rental App Development

It’s in this part, mobile app developers create the final version of the app. They will make the design, write source code, and put it all together into one working unit.

Not to mention this step can be very long, for obvious reasons. Therefore, it’s recommended that you maintain good relations and communication with the development team.

6. Testing

After the app is developed, it’s time to test it. Mobile app testing holds its own importance in making sure the app is up to the industrial standard.

7. Deployment

Once the app is tested and the QA team gives it thumbs up, it’s ready to be deployed. The process to submit the app to the iOS app store or android play store is simple enough.

In any case, the entire process will take 2 weeks at most to be approved or sent back.

So, this is how you create and deploy an app for boat rental. With this out of the way, let’s look at the tech stack for this project.

What Technologies Are Used To Build A Yacht Rental App?

Tech stack refers to the technologies used for mobile app development. This covers everything from frameworks to programming languages.

As such, choosing the right tech for the yacht rental app is important. why? well, it doesn’t only affect the development cost but also performance, look & feel, as well as the development process of the app.

In any case, here’s an overview of the basic technologies used to build a yacht app.

Front-end Development

• React Native: A popular framework for building cross-platform mobile apps.
• Redux: A predictable state container for JavaScript apps.
• HTML/CSS: The foundation of all web development.

Back-end Development

• Node.js: A JavaScript runtime built on Chrome’s V8 JavaScript engine.
• Express.js: A fast, unopinionated, minimalist web framework for Node.js.
• MongoDB: A NoSQL database program, which uses JSON-like documents with optional schemas.
• AWS: Cloud-based services for app deployment and scalability.

Payment Gateway Integration

• Stripe: A popular payment gateway for online transactions.
• PayPal: A widely used payment gateway for online transactions.

Additional Tools

• Google Maps API: To integrate maps functionality into the app.
• Twilio: A cloud communications platform for building SMS, Voice & Messaging applications.

Can You Make Money With Boat Rental App?

How do you earn money with a boat rental app? Well, if you want to make a fortune with your mobile app for renting boats, choosing the right monetization strategies is actually very important.

In any case, here are some monetization strategies that you should consider:

• Commission-based model
• Subscription-based model
• Premium features model
• Advertising model
• Referral model

Boat/Yacht Rental App Development Cost

Lastly, let’s answer one of the most important questions.

How much does it cost to build an app?

Well, boat app development cost depends on the specifications of the project like features, complexity, platform, and so on.

But if we talk about the average, it can range from $10,000 to $150,000.

For more details on the same, it’s recommended that you consult a mobile app development company.

Conclusion

This is all you need to know about yacht/boat rental app development. This is a good choice for a start-up or a boat rental business as it can significantly boost revenue generation. And with this said, we have come to the end of the blog.

FAQ

Niketan Sharma

Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.