Multi-Million Dollar Boats For Sale
May 27th 2008 20:28
The 20th Sanctuary Cove International Boat Show brought multi-million dollar sales, breaking records and proving it is the number one Australian boat show. A snapshot of 15 exhibitors – only a fraction of the full exhibitor list - confirmed actual sales for them at the Show of close to $A150 million with more expected in the coming weeks.
The feeling of the major exhibitors was that the show was positive and for many beyond their expectations. Tim Sayer, Managing Director of R Marine, said that the Show had the best vibes of any in the world.
Paul Smithson the Gold Coast builder of Sunrunner said Sunrunner exhibited seven boats from their range and sold all but one, with multiple orders for some.
Maritimo released a brand new 60 sports yacht which attracted much interest over the four-day show. According to marketing manager Peter Jenkins they now have so many forward orders they will need to employ more staff and up production output.
Tim Catanese, importer of Regal boats, sold some $4 million worth of Regals in the 40 foot and above range.
Sunseeker East Coast’s Managing Director Rick Rodwell reported sales of some $15m worth of luxury cruisers during the Show with a Manhattan 70 sold, the sale of a 75 Yacht to a Sydney businessman and the sale of a Manhattan 66 to a Melbourne tycoon.
Sanctuary Cove International Boat Show general manager Barry Jenkins expects the sales tally to be much higher than today’s quick snapshot.
The feeling of the major exhibitors was that the show was positive and for many beyond their expectations. Tim Sayer, Managing Director of R Marine, said that the Show had the best vibes of any in the world.
Paul Smithson the Gold Coast builder of Sunrunner said Sunrunner exhibited seven boats from their range and sold all but one, with multiple orders for some.
This year’s show is the best result I have ever had in my life,
’ he said.Maritimo released a brand new 60 sports yacht which attracted much interest over the four-day show. According to marketing manager Peter Jenkins they now have so many forward orders they will need to employ more staff and up production output.
Tim Catanese, importer of Regal boats, sold some $4 million worth of Regals in the 40 foot and above range.
It’s the best show we have ever had,
he said.Sunseeker East Coast’s Managing Director Rick Rodwell reported sales of some $15m worth of luxury cruisers during the Show with a Manhattan 70 sold, the sale of a 75 Yacht to a Sydney businessman and the sale of a Manhattan 66 to a Melbourne tycoon.
While murmurs have been that the market is feeling the squeeze, Sunseeker has seen unprecedented sales results and an increased flow of high end buyers from right across Australia,
he said. Sanctuary Cove International Boat Show general manager Barry Jenkins expects the sales tally to be much higher than today’s quick snapshot.
Some companies are still negotiating sales or taking away strong leads which may result in sales in coming weeks,
he said.We had 50, 678 visitors, the second highest tally in the Show’s history while the exhibitor count was just one less than last year’s record exhibitor field. All exhibition space was fully booked and we are already receiving inquiries for next year’s dates.
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