More than 1,000 vessels worth over US$1.4bn were exhibited at this year’s event
The 34th Annual Palm Beach International Boat Show (PBIBS) saw increases in attendees, exhibitors and sales, according to the show organisers.
“We’re pleased to report that the show continues its upward trend in attracting the world’s finest superyacht builders and boating brands, along with very qualified customers,” said Andrew Doole, president of Informa US Boat Shows, in a news release. “Feedback from exhibitors, attendees and local businesses has been extremely positive.”
Attendance for the show, which ran the last four days of March, saw a 7% increase and a 50% increase in “ultra-luxury” superyacht brands – including Baglietto, Amels and Feadship – exhibiting more than 1,000 vessels worth more than US$1.4bn.
“Princess Yachts was on fire, selling four of the new 85s, two 75s, a 78, S65, 88, and a few other boats,” said Tim Derrico, director of sales for HMY Yacht Sales. “Brokerage activity was very good with multiple deals. Viking Yachts activity was very good as well, with two deals so far and multiple deals working. The Palm Beach show has finally made it to the big time with boat buyers attending from all over the country.”
The show has been building a reputation for its growing international audience and has become a launch platform for many luxury brands to introduce new products.
“The Palm Beach International Boat Show has been a key venue for the development of the Pardo Yachts brand in the US,” said Loredana Hernández, brand manager for Pardo Yachts. “The location, atmosphere and wonderful crowd that attend this show are like no other.”
Through a charitable campaign in collaboration with Bennett Auto Supply, Informa Exhibitions and the Marine Industries Association of Palm Beach County raised more than US$22,000 for local charities.