Dominion Marine Media brands YachtWorld, Boat Trader and boats.com launched Connections reporting, an online performance tracking tool that the brands said offers boat brokers, dealers and manufacturers insight into all of the ways consumers interact with their inventory before making a purchase.
Monthly reports on sales of brokerage boats help the industry understand the sizes and types of used vessels that consumers are buying and how long it takes to sell them.
September results for U.S. yacht brokerages were mixed as 108 fewer boats were sold compared with the same month last year, but the total price paid for the boats that were sold increased by 10 percent ($27 million).
After three months of lower sales, activity picked up at U.S. yacht brokerages in August, increasing by 72 boats, or 2 percent, to 2,983 from the same month last year.
The Florida Yacht Brokers Association and The Marine Council will present the 21st annual Yacht Sales and Law Seminar on Oct. 11 at the Westin in Fort Lauderdale Beach.
U.S. yacht brokerage sales declined in July by 114 boats (3 percent) from the same month last year.
In June, typically the highwater mark for the yacht brokerage market, 3,523 boats were sold in the United States and, as in May, sales were lower than in the same month the previous year.
The volume of brokerage sales of smaller boats declined markedly in May, which reduced total sales for the month by 273 boats, or 8 percent, compared with the same month a year earlier.
U.S. brokerage boat sales in April improved slightly from the same month last year, but the total price that buyers paid was incrementally lower.
After a couple of weak months to start the year, U.S. brokerage sales picked up steam in March as 2,443 boats were sold, an increase of 10 percent from 2,215 last year.
The Florida Yacht Brokers Association said 154 members of the yachting industry attended its second annual Yacht Engineering Seminar on April 5 at the Westin Fort Lauderdale Beach Resort.