Texas House kills, then reverses course and passes bill for tax break on yachts
If voted into law, legislator says Texas would be better able to compete with Florida on new-boat and brokerage sales.
Brokerage Sales
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.
Bam! Emeril Lagasse’s 70-foot Viking Aldente up for sale
The celebrity chef is taking delivery of a 76-foot Viking to compete in sportfishing tournaments in the Gulf of Mexico.
Connecticut broker opens Rhode Island location
Southpaw Yacht Sales opens office in Point View Marina in Point Judith Harbor.
United Yachts Sales reports strong growth
The brokerage firm said 2018 sales were up 40 percent over the previous year.
Brokerage firm opens Miami Beach office
26 North Yachts plans to hire additional brokers for the new location, which includes an 18-slip marina.
LYBRA elects new board of directors
The association of brokerage houses named Fraser Yachts CEO Raphael Sauleau as president.
Nicholson Yachts and Seaton Yachts form partnership
The companies will now offer combined services through offices in Spain and the Southeast U.S.
Fort Lauderdale businessman gets prison time for defrauding investors in charter firm
A Fort Lauderdale businessman who headed Waters Club Holdings Inc. has been sentenced to 18 months in federal prison for fraud.
Yachtworld and Marinalife form partnership
Yachtworld, a network for brokers and buyers of luxury yachts, has teamed with Marinalife, a web directory of marina information to create a membership-based program that connects boaters and industry experts.
Boats Group chairman stepping down
Ian Atkins, the chairman of Boats Group, will step down from operational responsibilities, effective Jan. 31.
Boat sales edge lower in July
Sales of new recreational boats slipped slightly in July, marking the second month in a row of modestly rising or falling sales after a strong industry showing in May.
Dealer optimism picks up in August
Marine retail dealer sentiment improved in August from the previous month, but the mood was less optimistic than at the same time in 2016.
Brokerage sales fall 12% in July; prices up among smaller boats
In July the number of boats sold through U.S. brokerage firms fell 12 percent, a deeper recurrence of a scenario that has played out several times in 2017 when comparing monthly sales figures against the previous year.
Dealers’ short-term optimism wanes
Marine dealer sentiment declined on a month-to-month basis in July, although the mood based on a three- to five-year outlook brightened.
Brokerage sales decline in July
July brokerage transactions in the United States were fewer in number, but much pricier than a year earlier.
Boats Group names sales VP for North America
Boats Group said it named Ian MacDonald as the company’s North American sales vice president.
June was a mixed bag for retailers
Sentiment in the ‘most important’ month slipped a bit, but the long-term outlook remained strong
Brokerage sales drop in June
Sales volume declined 7 percent for U.S. yacht brokerages in June from the same month a year earlier.
Boats Group names chief technology officer
Boats Group appointed Sam Peterson as the company’s chief technology officer.
Brokerage sales fall 6 percent in May; sales value increases
Was it merely the cold, wet weather? U.S. brokerage sales continued to be weaker this spring as 3,088 boats were sold in May, 6 percent fewer than in the same month last year.
DataTracker: Sea Ray tops used-brands list
Our annual rundown of the most commonly listed brands of boats on BoatTrader shows perennial market leader Sea Ray with the most listings again this year by more than a 3-to-1 margin over Bayliner.
YachtWorld integrates Yacht Closer for customers
Boats Group, formerly known as Dominion Marine Media, acquired YachtCloser in January.