Word: bareboats
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...equipped with such amenities as freezers, stereos and video recorders, and are custom-designed to make sailing relatively easy. With a push of a button, the commodore can weigh anchor and head for open water. Says Normand Bremner, 51, a Dallas anesthesiologist who was cruising the Grenadines last week: "Bareboat sailing is like a luxurious type of camping. You fend for yourself, do what you want, and you don't have to worry about putting up your tent at night...
...bareboat business has meant smooth sailing for virtually all concerned. But some storm clouds now loom. The Treasury Department's recent tax-reform proposals would eliminate the investment tax credit and remove other breaks that yacht investors use. Says Sail Belize's Gegg: "If the changes are drastic, they could wipe out our industry and many of the boatbuilding companies as well...
...headboat" with a dozen strangers. But in recent years a new way of vacation cruising has taken on, and it promises to do to crewed charters what Hertz did to chauffeured cars. This is bareboating -hiring a yacht without crew and sailing it yourself. In 1966 only two dozen bareboats were working in the entire Caribbean. Today there are some 270, and in Tortola in the British Virgin Islands (the center of the industry, with 120 boats available) there are more bareboat berths filled in a season than hotel rooms. Costing only between $150 and $300 per head per week...
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