Hydrodynamic characteristics of a planing craft are very sensitive to the hull form variations, especially when the craft navigates with high-speed. Therefore, we need to verify hydrodynamic performances of the craft during the process of hull form design. In this paper, motion performances of a 40ft class cruise leisure boat are evaluated by both model tests and theoretical analyses using two different methods. Model tests are carried out at calm sea and regular wave conditions using high speed towing carriage installed in SNU towing tank. Theoretical methods used are a empirical method proposed by Martin (1976) and a potential method based on Rankine panel (DNV, 2010). The results from the theoretical methods are compared with and verified by those of model tests. Results of empirical formula showed somewhat larger motion RAOs and resonant frequencies than those of model tests. Potential based method showed even larger discrepancies with the model test results. From the analyses of comparison results, we could confirm the limitation of each theoretical method and suggest the way of improvement for the better prediction of motion performances.