Private yachts are owned by individuals or companies and are used solely for the owner's personal use. These yachts are not available for hire and are not used for commercial purposes.
Charter yachts, on the other hand, are available for hire by individuals or groups who wish to use the yacht for a specific period of time. Charter yachts can be either bareboat, where the renter is responsible for the operation and maintenance of the yacht, or crewed, where a professional crew is provided to operate and maintain the yacht. Charter yachts are often used for vacation or leisure purposes, such as cruising or sailing, and may be available for hire by the day, week, or month.
There are several differences between private and charter yachts, including ownership, usage, and crewing. Private yachts are owned and used solely for the owner's personal use, while charter yachts are available for hire and are used for commercial purposes. Private yachts may or may not have a professional crew, while charter yachts typically have a crew to operate and maintain the yacht.