Last updated 11 November 2026
Reservation terms
A reservation holds your place for a month of Season One. It is fully refundable until you accept a date and fare.
Our guarantee
Until you have accepted a date and the final fare, you can cancel a reservation at any time, for any reason, and we refund the whole reservation fee. We also refund it in full, without you asking, if we cannot offer you a date in your month.
1. What you are reserving
A voyage reservation holds one guest place on a seven-night Season One voyage in the month you choose, for $10,000 a place. A day reservation holds one place on a day aboard in the month you choose, for $1,000 a place. The schedule is indicative until we confirm it ahead of the yacht's launch, planned for May 2028.
2. Who can reserve
Voyage places are reserved by active members of the club. Days aboard are open to everyone. You must be 18 or over to reserve, and you may reserve up to 4 voyage places or 6 day places at a time.
3. Dates and fares
As the schedule is confirmed we offer reservation holders dates within their month, in the order reservations were made, together with the final fare. Indicative fares are $10,000–$30,000 per voyage place, depending on suite, and $1,500–$2,500 per day place. Your reservation fee is credited in full against your fare.
You have at least 14 days to accept an offer. If you do not accept, or none of the dates suit you, we refund your reservation fee in full.
4. After you accept
Accepting a date and fare forms your booking. We send booking conditions with every offer, before you accept, setting out the balance payment dates and the cancellation terms that apply from then on. Nothing further is payable until you have seen and accepted them.
5. If plans change on our side
If the voyages or days in your month cannot run, including because the yacht's purchase, build or launch is delayed, we will offer you another month or a full refund, whichever you prefer. Itineraries are indicative; routes depend on weather and the captain's judgment.
6. Refunds
Refunds are made to the original payment method within 14 days of your request or of our notice to you. We do not charge cancellation or administration fees on reservations.
7. Transfers
You may transfer a reservation to another person with our written agreement, which we will not unreasonably withhold. Voyage places can be transferred only to members.
8. What a reservation is not
A reservation is not an investment, a loan or an ownership interest in the yacht, and it earns no interest. Membership of the club is a separate service with its own terms.
9. Our responsibility
If we fail to honour a reservation, our responsibility is to refund what you paid us for it. We do not exclude liability for anything the law does not allow us to exclude, such as death or personal injury caused by negligence, or fraud.
Who we are
Obsidian Exclusive is operated by Obsidian Exclusive.
These terms are governed by the law of England and Wales. Nothing in them limits the rights the law gives you as a consumer in the country where you live.