Archive for » March 27th, 2017«

Weekly 5: Texas boat dealer convicted in theft case

The BI Weekly 5 is a collection of tips, news and data affecting the boating industry this week. Be sure to look for the BI Weekly 5 every week on BoatingIndustry.com.

1. Texas boat dealer convicted in theft case

Jesse Ray Keene, the former operator of McGoys Marine in Lewisville, Texas, has been convicted and sentenced to 14 years in prison in a massive theft case, the Lewisville Texan reported.

Police said that Keene had been selling boats that people had consigned with him, but then not giving the money back to the boat owners, the paper reported.

2. NMMA: Sailboat sales up 16 percent in 2016

U.S retail sales of new sailboats rebounded in 2016, up 16.1 percent from 2015, with imports up 35.3 percent, NMMA reported.

The information was released as part of NMMA’s 2016 U.S. Recreational Boating Statistical Abstract. Information on production, exports and imports, total dollar sales and average prices by size category, with historical data, can be found in the complete report. Members receive unlimited complimentary access to the digital version; the report is also available for purchase by non-NMMA members via https://www.nmma.org/statistics/publications/statistical-abstract.

3. Early returns point to improved turnout for Palm Beach show

With clearing weather to kick off the weekend, the Palm Beach International Boat Show was looking forward to improved attendance, the Palm Beach Daily News reported.

Visitors to the 32nd edition of the show could see and tour more than $1 billion worth of boats, yachts and water toys along Flagler Drive on a breezy, warm day in West Palm Beach, the paper reported.

4. BoatBeat debuts as online boating safety hub

A new online hub for the media, boating educators, boating accident reporters, public information officers, law enforcement officials, and the general public has been launched with the goal of making the waters safer by providing comprehensive information about the potential hazards associated with boating, safe boating practices, and accident prevention.

BoatBeat debuted Monday as a collaboration among the National Safe Boating Council, the National Association of State Boating Law Administrators, and the U.S. Coast Guard. It is unique in the depth of information provided all in one place and in its ease of use, said NSBC Executive Director Rachel Johnson, CAE.

5. Hilton Head Island Boat Show returns in May

Windmill Harbour opens its gates to the public for the Hilton Head Island Boat Show May 6-7 at the 15-acre Windmill Harbour Marina, Hilton Head Monthly reported. In addition to boat displays, vendors, food and entertainment, this year’s boat show will feature open houses and trolley rides through the community.

 


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(WXYZ) – The 25th annual Novi Boat Show coming to the Suburban Collection Showplace March 16-19, 2017.

(WXYZ) – The 25th annual Novi Boat Show coming to the Suburban Collection Showplace March 16-19, 2017.

Show management expects boat sales to increase at this year’s show as recreational boating is seeing some of its healthiest gains in nearly a decade, a trajectory that the National Marine Manufacturers Association expects to continue through 2018.

Boat shows provide a platform for the boating industry to unveil its latest innovations, and generate as much as 50 percent of annual sales for some manufacturers and dealers. They’re also the best time for consumers to shop as dealers and manufacturers offer some of their most attractive incentives and deals, while giving shoppers the chance to compare different boats, and various dealers, in one location. The shows also provide a glimpse of buyer trends and sales for the year ahead:

Top Boating Trends to Watch in 2017

  1. Big boats are back—One of the more standout areas of growth in 2016 was among yachts and large cruising
    boats—a category that has been slower to rebound as high net worth individuals looked to remain more liquid postrecession. New yachts and cruisers are expected to have seen gains between one and three percent in 2016, and that trend is likely to continue into 2017 as consumer confidence and spending remain strong.
  2. Affordable, versatile boats helping a new generation become boaters—Manufacturers are making smaller boats (watersports boats, pontoons, day boats, etc.) that are more affordable as they aim to attract new, younger boaters and even more sales. What’s more, boats are also becoming more versatile, providing an all-in-one experience from fishing to cruising to watersports, making them more appealing to a wider audience.
  3. Intuitive marine technology—The boating industry has embraced new technology from docking a boat with a joystick reminiscent of video games to creating wake surf waves from a wristwatch. As consumers turn to their smartphones to manage numerous aspects of their lives, manufacturers are responding and will unveil boats at 2017 boat shows that provide a more intuitive experience—one that makes certain aspects of operating a boat as simple as pushing a button.
  4. Shared experiences—The ‘sharing economy’ isn’t lost on the boating industry, which is welcoming the opportunity to expose a new demographic to life on the water with everything from boat rental apps to shared boat ownership. Companies like Boatsetter, Boatbound, Sailo and GetMyBoat are some of the options listed on the industry’s DiscoverBoating.com, which helps beginners find ways to get on the water.

 

 

 


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