If the wealth effect was not in full throat in Miami, it certainly was on the rise and spreading, from the Yacht & Brokerage Show along moneyed Collins Avenue to the NMMA venues at the Miami Beach Convention Center and on across the Venetian Causeway. Sure signs were everywhere.
Letters from the Editor
I’ll be very surprised if I don’t see more boats on the water this season than at any time since the recession.
It’s been a long and winding road, but Americans are continuing to make their way back to the water in ever-increasing numbers. You hear their confident tones in conversations on the docks, at boat shows and marinas, on the sandbars and in the watering holes. More and more, they’re talking about their “next” boat or…more
A plan to significantly increase high-speed rail traffic between Miami and the Orlando International Airport could result in increased bridge closings, which would severely affect the many South Florida service and repair yards upriver of the bridges.
It was one of those moments that doesn’t happen every day in our industry. Two boatbuilders, a father and son, running two companies introduced significant new boats earlier this year at the same boat show. A 50-foot powerboat and a 55-foot sailing catamaran.
We’ve talked a lot about older boaters, younger boaters and a more diverse face for the next generation of boat buyers. What about young leaders? It’s not just the guy on the dock or launch ramp who is graying. It’s all of us.
I was cleaning up my desk recently and I found an envelope on which I’d scribbled: “A boat that works properly is a great luxury.”
It’s a challenge that all of us in the industry face. How do we take care of today’s customers while also trying to figure out how to capture the next big generation, gathering on the horizon as we speak?
Millennials have been making headlines recently and not necessarily for the right reasons.
TradeOnlyToday’s team of reporters and editors have been bringing you daily industry news stories for almost 15 years, through the boom years, the lean times and this latest period of recovery. Like you, we have been there to witness the changes first hand and to try and provide perspective on our evolving industry.