Skip to main content

Weather hinders attendance at U.S. Powerboat Show

The weather certainly didn't help last weekend's U.S. Powerboat Show as a nor'easter bore down on the Chesapeake, bringing rain and a biting wind during all four days of the annual event.

"And, naturally, today is beautiful," Paul Jacobs, marketing manager for the show, told Soundings Trade Only this morning.

Final numbers have yet to be tallied, but all agreed attendance at the Oct. 15-18 show was "down significantly."

The positive that emerged, however, is that those who braved the weather were serious shoppers.

"The people that were here were here for a reason: to buy," show manager Dee Newman said this morning as organizers were breaking down the show.

John Martini, head of Martini Yacht Sales, the area Tiara and Marquis dealer, reported a signed contract on a new 50-foot Marquis and potential buyers for a Tiara 4300 Sovran and Tiara 3900 Open. Both prospects plan to sea-trial the boats next week, Martini said, and both have Sea Rays they wish to trade in.

"What we're seeing is that those looking to buy are longtime boat owners dedicated to the lifestyle, rather than non-boaters looking to get into boating," he says. "We had some really qualified buyers and strong leads."

Paul Fenn, president of Jeanneau America, said confidence was high following a successful U.S. Sailboat Show, held last week in ideal weather conditions. At that show, 10 Jeanneau sailboats were contracted. The company signed no contracts for its Prestige line of powerboats, but it had a "lot of good leads," he says, and the overall mood was good, despite the weather.

Last year's show was held amid historically high fuel prices and shortly after the Dow Jones industrial average fell more than 1,874 points, or 18 percent - and continued sliding.

"The level of consumer confidence is better [than last year], Fenn says, "no question about it."

— Rich Armstrong

r.armstrong@soundingspub.com

Related

1_MDI

Marine Development Inc. Changes Hands

Mick Webber, the former president/CEO and owner of HydroHoist, has purchased the company from its founders.

Screen Shot 2022-11-30 at 10.06.58 AM

Yanmar Reports Record First Half

Supported by overseas growth in construction equipment, generators and components, the company announced net sales of approximately $3.5 billion.

1_FWC.DERELICTS

FWC Accepting Vessel Turn-In Applications

The program disposes of unwanted, at-risk vessels before they become derelict at no cost to owners.

1_WAHLSTROM.ACQUISITION

Walstrom Acquires Grand Bay Marine

The transaction expands the company’s footprint in the Great Lakes region and brings the Regal, Starcraft, Godfrey, Bayliner, Robalo and Berkshire brands to Walstrom’s portfolio.

1_ROWE.OBIT

Indmar Co-Founder Dies at 95

A 20-year veteran of the U.S. Marine Corps, Dick Rowe dedicated himself to the recreational boating industry for more than four decades.

1_TRANSHIELD.ACQUISITION

Patrick Completes Transhield Acquisition

Patrick will provide support to the protective covering manufacturer and allow it operate independently in its current facilities.

Norm

Don’t Give Winter Shows a Pass

Local boat shows are one of the most effective ways to expose your dealership to new prospects and fill your sales funnel during the off-season.

1_PULSE.REPORT

DEALERS: Are You in Compliance?

A new FTC Safeguards Rule designed to protect consumers’ personal information goes into effect Dec. 9 — are you prepared?