The Singapore Yacht Show, which was held April 27-29, exceeded expectations, with more exhibitors, visitors and yachts than last year’s inaugural show, organizers said.
At the same time, the 4th Asia Pacific Superyacht Conference, which ran two days before the yacht show, also saw a significant increase in delegate numbers, according to a yacht show press release.
Growing interest in both events is indicative of the rapid development of the yachting industry in the region, according to the release.
“A lot of seriously important sales have been made, many more negotiations are under way, and dealers are being appointed for the brands,” the show’s managing director, Andy Treadwell, said in a statement.
“With a big increase in the number of yachts on display and in all levels of participation, including 10 percent more visitors, we can hand-on-heart say this first full edition of the Singapore Yacht Show has been a great success.”
The Singapore government is eager to continue to create a supportive environment for the superyacht industry, according to the release. Government support from the region is critical for the yachting industry and is likely to increase as the region becomes more aware of the value of yacht tourism and the contribution by the marine leisure industry to the countries’ economies.