Megayacht News Radio: Matt Sweetwood, LUXNow

From Airbnb to Poshmark and even Uber and Lyft, the sharing economy, also called the peer-to-peer economy, is a big part of today's world. Not surprisingly, luxury companies are carving out corners for themselves in this market, too. LUXNow is one such company. Originally focusing on exotic and fine cars, LUXNow has since expanded to include fine homes and of course yachts, including megayachts. It's an opportunity that CEO Matt Sweetwood says is ideal not just for those who want to see what yacht ownership is all about, but also for existing owners who want to monetize their assets.

In this episode of Megayacht News Radio, we speak with Matt about:

• how LUXNow differentiates itself from the competition
• how a yacht owner becomes what the company calls a partner: whether there's an approval process, for example
• how consumers become members--and whether they are screened in advance
• how pricing and rental periods are set

and more.