All-inclusive vs plus expenses.
Two pricing conventions. The same trip can quote either way. Here's the difference.
Plus-expenses (the standard)
The base rate covers the yacht, the crew, and the time. APA (30%) covers fuel, port fees, food, drinks. Gratuity (10–15%) on top. Standard convention in the Mediterranean and on most large motor yachts.
All-inclusive
One number covers everything — base, fuel, food, drinks (within reason). Often used for smaller yachts under 30m, especially in the Caribbean and on bareboat-with-crew packages. Easier budgeting; can be more expensive overall because the broker prices in for the heaviest plausible usage.
Which to pick
Plus-expenses suits trips where activity varies and you don't mind a reconciliation. All-inclusive suits trips where you want one wire and zero invoices. For a 50m+ yacht in the Med, plus-expenses is almost always the offer; on a 25m Caribbean catamaran, all-inclusive is.