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Dr Kenneth Grant Partner Started the company July 2005

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Presentation on theme: "Dr Kenneth Grant Partner Started the company July 2005"— Presentation transcript:

1 Dr Kenneth Grant Partner Started the company July 2005
Limited partnership Ken Grant & Andy Thoms Operations based in Dunoon First boat to sail from Holy Loch Management based in Edinburgh Origin of name Dr Kenneth Grant Partner

2 The Vision Saving trawlers from the chainsaw
Purchase of the Glen Massan etc Saving trawlers from the chainsaw

3 The Vision Converting the vessel at Holy Loch Marina
The conversion, local labour, cost etc Converting the vessel at Holy Loch Marina

4 The Vision Sheltered water cruising in the Clyde estuary
A love of the Clyde estuary Both partners sailors Both partners live in Dunoon Sheltered water cruising in the Clyde estuary

5 The Vision Promoting the beautiful scenery of the Clyde
Stunning scenery Plenty to see and do Unique perspective from the sea Promoting the beautiful scenery of the Clyde

6 The Cruise Experience Stunning scenery
Excellent hospitality provided by four crew Superior accommodation Fabulous food freshly prepared from local ingredients Interesting stopovers and anchorages

7 The Cruise Experience Spacious ensuite cabins

8 The Cruise Experience Relaxed dining with panoramic views

9 The Cruise Experience Three outside decks for enjoying the scenery

10 The Market Leisure: Whole Boat Charter for special occasions
Over 50’s, high disposable income Mainly UK based Corporate: Whole boat charter for team building and client entertaining Incentive reward

11 Marketing Challenges Industrial image of the Clyde
People don’t equate the Clyde estuary with spectacular scenery and high-quality hospitality tourism Industrial image of the Clyde

12 Marketing Challenges Possibility of poor weather
Once we get people on board they are less concerned about the weather They are happy to watch the spectacular, dramatic weather from the warm, cosy saloon Possibility of poor weather

13 The Market Challenges ‘Doon the watter’ image
Traditionally low-spend tourism market ‘Doon the watter’ image

14 The Market Challenges Holy Loch US naval base recent history
People still remember the Holy Loch as the base for nuclear naval activity, not tourism Holy Loch US naval base recent history

15 First full season 2006 Occupancy The Majestic Line brand awareness
Second boat acquired in line with growth strategy 35% occupancy on Glen Massan Well below break-even The Majestic Line as a new niche product struggling to get its brand into the marketplace Decision made to base second boat in Oban as concerns that the Clyde ‘brand’ connotations were too negative and restricting the business

16 Glen Tarsan Launch – May 2007

17 Second full season 2007 Occupancy The Majestic Line brand awareness
Bookings 2008 35% occupancy on two boats Turnover 50% Holy Loch, 50% Oban – however, the Clyde required a variety of cruise itineraries to reach this (dinner cruises etc) Double turnover Still not breaking even Improvement in the brand awareness apparent in Autumn 2007 35% occupancy already secured for 2008 Expect to double turnover again from 2007 minimum

18 The Future in the Clyde Repeat business, excellent customer feedback
Capitalise on the wildlife Relationship with SAGA Profitable 2008 Introducing the Clyde to a whole new audience, especially from England Focussing on 6 nights and whole boat charter, gradually dropping 3 nights Our first wedding booking We feel confident enough now in our product that we can start talking about the Clyde rather than just South Argyll

19 Questions?


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