The Florida Yacht Brokers Association, the group that co-owns Yachts Miami Beach, rebranded itself as the International Yacht Brokers Association to reflect its global membership.
“When we mapped out the FYBA membership, it reinforced what we already knew — that FYBA is truly an international organization with members operating in popular yachting areas, not just in Florida but around the globe,” FYBA executive director Cindy Sailor said in a statement. “Our new name, ‘International Yacht Brokers Association’, better reflects who we are — the largest and most prestigious group of professional yacht and charter brokers in the world.”
Founded nearly 30 years ago, the International Yacht Brokers Association said it has more than 1,350 individual members representing more than 400 businesses.
The group said its members are responsible for 20 percent of all international yacht sales, as well as 50 percent of all U.S. domestic yacht sales and 80 percent of all yacht sales transactions in the state of Florida.
The IYBA said its ongoing mission is to raise the standard of professionalism among its members, as well as within the international yacht and charter brokerage industries. The IYBA Public Affairs Committee, with the support of the membership, also continues to influence U.S. and Florida legislation for the benefit of the yachting industry as a whole.
“As we go into the 2016 Fort Lauderdale International Boat Show, an event that also started out as Florida-specific and grew into the world’s largest in-water boat show, our new brand positioning will help IYBA members to command the respect from our domestic and international colleagues that they deserve,” Sailor said.