Miami show opens with message of hope

Published online: Feb 13, 2009 News Beth Rosenberg
Viewed 258 time(s)
MIAMI BEACH - The 68th annual Miami International Boat Show and Strictly Sail Miami opened this morning, and organizers are optimistic that a buying crowd will turn out and give a needed boost to the industry.

"People use this show as a barometer of the industry and a barometer of the consumer," said Thom Dammrich, president of the National Marine Manufacturers Association, who spoke with Soundings Trade Only minutes before the show opened. "People are optimistic."

There are 2,115 exhibitors at this year's event, down about 75 from last year.

Dammrich said there's a lot of pent-up demand for boats, and people will be eager to buy once they feel more secure about the economy. As the stimulus package winds its way through government channels and is ultimately signed by President Obama - possible in the next few days - that may help ease some concerns.

"As people feel better, they'll spend," Dammrich said.

In terms of attendance, Dammrich said it's realistic to say any show that's down by 15 percent or less is having a good year. So far this season, NMMA's boat shows have seen attendance declines ranging from 2 percent up to more than 40 percent down.

However, he added, it's the serious buyers who are coming out, which may translate into more sales, as exhibitors can spend more time with people who plan to buy, rather than those just casually looking around to see what's out there.

Last year, 130,496 people attended the Miami show.

This year's show runs through Monday at the Miami Beach Convention Center, the Sea Isle Marina & Yachting Center, and the Miamarina at Bayside.

You May Also Be Interested In...

March 25, 2015

Restored To Her Glory

If you’re interested in restoration stories, you don’t want to miss this one—which involves a little history lesson to boot.
March 19, 2015

Why You Should Keep Your Smoke Alarms Up To Date

If you want to hear a good argument for keeping your smoke alarms up to date onboard, check out this man’s story according to Cambridge News.
March 11, 2015

Unmanned Houseboat Drifts 165 Miles

You’ve heard of runaway dogs, but have you ever heard of a runaway houseboat?
March 04, 2015

Lake Norris Update: Twin Cove Marina Is Seeing Great Progress

In an admiral show of resilience and dedication, the heavy winter damage at Twin Cove Marina, Carryville, Tenn., is already being tackled by cleanup crews.
February 24, 2015

Norris Lake Boats Suffer Severe Winter Damage

We have sad news—several boats and docks collapsed under the fury of a winter storm in the Norris Lake, Campbell County, Tenn., area this Saturday.
February 18, 2015

Houseboating Opportunities In India

The Times of India brings word that the District Tourism Promotion Council (DTPC) is investigating the possibilities of promoting houseboating in Kochi,a major port city...
Follow us on Facebook!   Follow us on Instagram!   Follow us on Pinterest!   Follow us on YouTube!