icon_arrow_down icon_arrow_left icon_arrow_left_large icon_arrow_right icon_arrow_right_large icon_arrow_up icon_bullet_arrow icon_call icon_close icon_facebook icon_googleplus icon_grid_off icon_instagram icon_login icon_mail icon_menu icon_message icon_minus icon_pinterest icon_plus icon_quote_end icon_quote_start icon_refresh icon_search icon_tick_on icon_twitter icon_video_play icon_youtube

Subscribe to our mailing list for the latest Boat International & Events news.

SUBSCRIBE

Already subscribed?

Upcoming changes to the law mean that we might not be able to continue to contact you after May 25th. To make sure you’re still the first to know about exclusive events, and the latest Boat International News, upgrade your subscription now.

UPGRADE
No, thanks

Brokers react: 5 different takes on Yachts Miami Beach 2017

1 of 5 1/5
VIEW ON ONE PAGE
the-christensen-yacht-casino-royale-was-displayed-at-the-2017-yachts-miami-beach-show
1

Northrop & Johnson

The 2017 edition of Yachts Miami Beach saw several changes, with a new layout and admissions policy, but what did the top yacht brokers really think? What would they change about the show if they could? And how is the US market faring after the recent Presidential election? We spoke to some of the leading figures in the superyacht brokerage world to get their thoughts.

Phillip Bell, sales broker at Northrop & Johnson, said that charging an admission fee for the first time was “certainly a step in the right direction”. He added: “Although we saw less people on the docks this year, the overall feeling was that they were much better quality and not the unqualified crowds usually associated with the Miami show.”

Sales broker Paul Burgess concurred, reporting an “uptick in qualified buyers and interested parties” at the Watson Island area of the show. “I think we definitely will see some sales as a result of Yachts Miami Beach,” he predicted.

Speaking about the division of the show into four areas (Simply Sail Miami, Miami Marine Stadium, Collins Avenue and Watson Island), Bell added: “It's early days for the development of this show, but considering the logistical restrictions associated with hosting a large boat within Miami, dividing up the show is essential. We have some beautiful yachts over 150 feet (46 metres) which have previously been unserviced by the Miami show, so being able to include them now will only help establish this show as one on the main global venues.”

Bell also argued that transportation options between the venues needs to be improved, with three-hour commute times reported during the show.

Turning to the US market in general, Bell concluded: “We are seeing a definite improvement in sales and more serious inquiries, which began a couple of months before the elections took place. Undoubtedly the stock market health has continued this air of confidence through the first quarter of 2017, and the continued strengthening of the US dollar has certainly established the US market as one of the most buoyant within the yachting industry.”

Pictured above, the 50 metre Christensen yacht Casino Royale, which was on display at Yachts Miami Beach 2017 and is currently offered for sale with Northrop & Johnson.

Subscribe to BOAT Pro to access brokerage sales data and unlimited specs for 11,218 yachts in our Superyacht Directory – the world’s most comprehensive superyacht data.

SUBSCRIBE
BOAT PRO FEATURES
BOAT Pro is the only superyacht market intelligence product that can offer:
  • FRESH INDUSTRY DATA
  • MARKET INSIGHT
  • GLOBAL ORDER BOOK DOWNLOADS
  • EXCLUSIVE REPORTS
  • MONTHLY SUMMARY EMAIL
  • UNLIMITED ACCESS TO SUPERYACHT SPECIFICATIONS
Read More
Sponsored Listings
Upgrade your account
Your account at BOAT International doesn't include a BOAT Pro subscription. Please subscribe to BOAT Pro in order to unlock this content.
Subscribe More about BOAT Pro