Australian boatbuilder Riviera sees 2018 as ‘a plateau year’ during which it absorbs past growth and prepares for a new expansion phase. This was the message in a press briefing at the Sanctuary Cove International Boat Show (SCIBS) which Riviera has returned to after the demise of the Gold Coast International Boat show and Marine Expo.
“I describe 2018 as a plateau year,” says Wes Moxey, CEO of Riviera, “during which we will build a foundation for further expansion. We are launching four new models this year and we have exciting plans over the next 18 months.” He declined to say how many launches that would include.
Riviera, which is now operating profitably after a number of years of restructuring, is building about 100 boats a year. Moxey emphasised that Riviera was investing in technology and systems to increase the efficiency of the build operation, increasing productivity and enhancing the quality of its boats.
Rodney Longhurst, owner of Riviera, told IBI: “We have been profitable for a while but we reinvest all the profit back into the company with improvements to our facilities and the way we operate. Our sales are currently 70% domestic, which is Australia and New Zealand and 30% export. This is a break in the usual 50:50 mix because of a increase in domestic sales but I expect international sales to increase so that we return to the near 50:50 mix.”
Riviera is running its annual ‘Festival of Boating’ at its manufacturing facility in Coomera. “We have 1,000 people visiting the Festival this year and we are running over 40 seminars for Riviera owners,” said Stephen Milne, Brand & Communications director. This event will also include the annual gala dinner with 600 people attended and a long waiting list.
At SCIBS Riviera is holding two world premieres for the 72 Sports Motor Yacht and 395 SUV. The 72 Sports Motor Yacht follows the 68 Sports Motor Yacht launched at the Sydney show last year and so far, 13 of the two models have been sold both domestically and internationally. The 395 SUV is a new entry model which sells at under A$1m. The base price for the 72 is around A$4.5m.
The Riviera 72 Sports Motor Yacht has been designed to offer sports performance with the luxurious comforts for which Riviera is internationally recognised. Superior offshore and extended cruising capabilities are integral to this design. This new model offers the options of Classic or Grand Presidential accommodation suites with three or four staterooms and three bathrooms.
Riviera’s in-house design team conducted extensive consultations with experienced Riviera owners over a two-year development period to create the yacht.
"All of the owners we spoke with were seeking a new style of motoryacht," said Riviera owner Rodney Longhurst. "Their dream was a blue-water yacht that combines speed and sport fishing and other water sports capabilities with the confidence of high bulwark side decks, a foredeck entertainment centre, fully enclosed flybridge with internal stairs, a covered mezzanine dining area and ultra-luxurious interiors." he said.
In designing the hull, Riviera partnered with naval architects Mulder Design in the Netherlands who have the distinction of designing three of the fastest superyachts in the world. Hull designs were then tank tested at the Wolfson Institute Unit for Marine Technology and Industrial Dynamics at the University of Southampton in the UK. The result is a new Riviera hull that is supremely capable at varying speeds and in a wide range of offshore conditions of delivering a smooth, soft and dry ride.
The 395 SUV is Riviera’s first new under-40-foot model in nearly a decade. The 395 SUV features an entirely new hull and deck design with feature hull windows and European-inspired fabrics and cabinetry throughout. The new model offers two generous staterooms and a large bathroom on the accommodation deck, a spacious saloon and an open cockpit perfectly designed for relaxing and entertaining or for a raft of water sports.
Longhurst commented: “This model offers exceptional boating opportunities. She provides single-level entertaining that is in the DNA of our popular Sport Yacht collection with the go-anywhere attributes of our classic blue-water flybridge collection. In this model, we have introduced a number of innovative design features. Among them are raised bulwarks on the side decks and a new barbecue centre."
Riviera has also announced that at the Sydney show in August it will globally launch the latest model in the Sports Motor Yacht collection, the 39. The 39 Sports Motor Yacht includes raised bulwarks on the side decks and multiple entertainer spaces, including a light and spacious saloon, open cockpit and extended flybridge that are emblematic of Riviera Sports Motor Yachts.
“She is a brilliant example of Riviera’s evolution and constant refinement across our five collections," said Longhurst.