Site ownership change won’t affect Newport shows


Newport Harbor Corp., which has owned the annual boat show in Newport, R.I., since its launch in 1970, assures exhibitors that the show will go on as always despite the pending sale of its Newport Yachting Center venue.

“The Newport International Boat Show is here to stay,” Kerri Quinn Jaffe, the company’s chief marketing officer, told Soundings Trade Only.

On Tuesday it was announced that Newport Harbor is selling the yachting center to the Peregrine Group LLC and that waterfront events could be greatly reduced. The sale will have no effect on the annual Newport International Boat Show and the Newport Charter Yacht Show, Jaffe said.

“We have entered long-term leases for both boat shows, and we and the incoming owners are on the same page,” Jaffe said. “The only change exhibitors will see [at the boat show] is growth in the show and exciting new additions as we enter our 45th year.”

Jaffe said the clear success of the most recent show is a testament to the industry’s continuing recovery.

“Newport Harbor Corporation is committed to the boat show industry. This was our 44th year operating the Newport International Boat Show, and this year’s show surpassed our goals in consumer revenue with year-over-year growth of 5 percent. We also surpassed our goals in exhibitor space with 11 percent growth over 2013.”

Strategically, Jaffe said, the transaction will allow NHC to reposition the company for future growth in the restaurant and hotel divisions, as well as the boat show division.


Siren’s 3 Series Receives NMEA 2000 Certification

The Internet of Things technology allows OEMs and other stakeholders to receive such data as engine metrics, fault codes and service requirements.

Galeon Launches Outboard Series

The first model in the series, the 325 GTO, will be powered by twin 350-hp Mercury Verados.

We Have Liftoff

Foil-equipped powerboats are poised to enter the mainstream recreational marine market.

Scania to Power Demo Viking 46

The Swedish engine manufacturer will use the boat in tournaments and other events to showcase its power options to the U.S. market.

Quick Hits: January 20, 2021

ShoreMaster, HydroHoist and Neptune rebranded as Waterfront Brands; Boats Group acquires more European brokerage sites; and Gill Fishing partners with rgyr agency.

Should You Require Employee Vaccinations?

With the Covid vaccines becoming more readily available, it’s a topic that’s worth addressing now.

Parker Sponsors ‘Journey for a Cause’

An Indiana college student will embark on a 10-day passage from the Ohio River to the Gulf of Mexico to highlight inclusion and fishing.

With Great Power Comes Great Challenges

Today’s high-horsepower outboards are heavy, and produce prodigious power and torque — three factors that boatbuilders must balance.

Guy Harvey Foundation Awards Scholarships

The inaugural Legacy Scholarship went to four Florida high school seniors who are attending Nova Southeastern University.