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Miami Show Worth Almost $1B to Florida

1_MIAMI.MULTIPLIER

The Discover Boating Miami International Boat Show in February generated an estimated $955.6 million for Florida’s economy, according to an impact report by Thomas J. Murray and Associates.

The show attracted 100,000 visitors, 41 percent of whom were from out of state, the organizers said in a statement Wednesday. Total sales for exhibitors were approximately $642 million. Sales and local taxes generated were around $49.07 million.

The five-day Miami show is a joint production of Informa Markets, the National Marine Manufacturers Association and the International Yacht Brokers Association.

“The boating public looks to Miami each year for an opportunity to see and feel what’s new in boating,” said Paul Flannery, IYBA chief operating officer. “The combined efforts of IYBA, NMMA and Informa brought forward a platform that not only answers their needs but contributes greatly to the local and statewide economy.”

Personal income from the jobs associated with the Miami show were an estimated $315 million, the report said.

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