Fort Lauderdale, Florida, the “Yachting Capital of the World” will host their 61st annual edition.
Fort Lauderdale International Boat Show will take place this year, on October 28 – Nov 1, 2020.
Hailed as the world’s largest boat show, the Fort Lauderdale International Boat Show has welcomed boating and yachting enthusiasts to South Florida for decades. This annual event features some of the most opulent superyachts and exhibits that range from yacht builders and designers to exotic cars to tenders and toys, fishing gear and so much more.
Every year, the show exhibits a vast array of the industry’s latest boats and yachts of all sizes, worldwide debuts, plus a medley of marine products and accessories to enhance the nautical lifestyle. From yacht builders and designers to exotic cars and brokerage yachts, this show has something for everyone!
The Show cracked the billion-dollar mark last year during the 60th anniversary of the event. The Marine Industries Association of South Florida, owners of the show, and Informa Markets U.S. Boat Shows, producers of the show, released the results of the now completed study this week.
The show generated $1.3 billion in economic output throughout the state of Florida, according to MIASF and Informa — up from $857 million from the previous study conducted in 2015.
Total sales were $715.4 million, up from $508 million in 2015, amounting to more than $143 million in direct sales per day during the five-day show.
“The importance of FLIBS to the local and statewide economy cannot be overstated,” said MIASF CEO and president Phil Purcell in a statement. “Not only does the show have a bigger economic impact than any Super Bowl, FLIBS sustains the $12 billion South Florida marine industry and its 142,000 jobs for the remaining 360 days of the year, solidifying the region’s reputation as, not just the yachting capital of the world, but the refit and repair capital of the world, as well.”
More than half — 61 percent — of visitors came from outside the region, and 49 percent were from outside the state. Ten percent were from outside the United States.
“The notable increases in its economic impact are a testament to its significance to the marine industry, the local and state economy, and further solidifies its rank among leading boat shows around the world.” said Informa Markets U.S. Boats Shows president Andrew Doole. “The increase in sales demonstrates that quality buyers are attending and that the show’s growth and improvements continue to be well-received.”
This will be an event of which we will certainly see news in its next edition of 2020, with new exhibitors and our strategies for the experience of its visitors.