The 2016 edition of Yachts Miami Beach — formerly the Yacht & Brokerage Show in Miami Beach — will be the largest in its 28-year history. The show opens Thursday and will continue through Monday on a mile-long stretch of Indian Creek Waterway along Collins Avenue, where it has been held for nearly three decades.
The show has expanded north along Collins Avenue this year, covering 1.2 million square feet of space, and has added a second location — Island Gardens Deep Harbour Marina on Watson Island, which will feature a selection of superyachts.
“We will have a limited selection of superyachts there because they will be very large,” said Efrem “Skip” Zimbalist III, president of Show Management, the company that produces the show and co-owns it with the Florida Yacht Brokers Association.
“These will be yachts that don’t fit in Indian Creek and can take advantage of the deep harbor on Watson Island,” Zimbalist added.
Show Management and Soundings Trade Only are part of Active Interest Media.
Yachts Miami Beach is separate from the Miami International Boat Show, which is being held on the same dates.
A number of factors are contributing to the growth of Yachts Miami Beach, Zimbalist said. “Not only are we seeing growth in yachts themselves, but in the tenders that go with them. The high-end center consoles and tenders are growing, and specifically at the Miami Beach show. We’re known for being a large-yacht show, but we are seeing strong growth in that tender [and] center console category, as well.”
More builders from overseas continue to be attracted to the U.S. market.
“The fact is, the U.S. market remains the strongest market in the world,” Zimbalist said. “The strong dollar makes it even more attractive for foreign manufacturers to sell here and to bring offshore brokerage boats to sell into the U.S. market.”