Indeed; that kind of utilization makes somewhat more sense with a fractional.

On the other hand, doing 4-6 30 minute segments in a single day (when you're charged a minimum one hour per segment) is utilization that DOESN'T make more sense with a fractional vs. hourly charter.

Having bought only a quarter share but having the ability to launch three airplanes at once, all only counting against your 200 hours, makes fractional very attractive.

Doing mostly out-and-backs from your based airport, not so much.

Again...hours per year flown, kinds of aircraft needed, and how the aircraft are utilized all play a factor in the "most cost effective" argument of charter, fractional, or wholly owned & operated.