GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Local and international manufacturers use Dubai International Boat Show as a key platform for boat sales
80% of revenue generated by small to mid-sized vessels sales and maintenance, keeping the market afloat

Dubai, UAE, March 4, 2017: The appeal, accessibility and affordability of boats in the small to mid-sized segment compared to their larger counterparts are a key contributing factor in keeping the marine industry alive, with local and international companies using the Dubai International Boat Show as a platform to target a wealth of eager consumers during the five-day event.

Sultan Alshaali, CEO of Al Shaali Group said: “Small to medium sized boats represent 20% of the market but they generate 80% of revenue for the entire industry. If you think of it this way, one boat owner will need one service; twenty boat owners will need twenty services and so on. So this is actually what's keeping the industry alive.”

Running from 3pm to 9:30pm daily until Saturday 4 March at the Dubai International Marine Club, a host of exhibitors are showcasing the latest products targeting the largest segment of the luxury boating market.

Added Alshaali: “We've always paid attention to this diversity and never focussed solely on megayachts. The medium sized boats are faster to build and turn around, and if you go to any marina, be it in Dubai or worldwide, you'll find that less than 5% of the boats are megayachts with the small and medium segment being the lions share. Marinas recognise the importance of this as well, as it is a driving factor for their business.”

With over 800 brands and companies represented from more than 60 countries at the 25th edition of the Dubai International Boat Show, there is a wealth of products on display to cater for an array of customers with different budgets.

Showcasing the Sport 348, the 43 Flybridge and the 49 Flybridge, a first for the Middle East, Princess Yachts have pinpointed the Dubai International Boat Show as a key event to target consumers of small to mid-sized vessels, making up the bulk of their sales.

Salim Tayssoun, Managing Partner for Princess Yachts said: “As a foreign manufacturer at the Dubai International Boat Show, the small to medium sized boats are our best selling products. The majority of our clients are expats who are looking for the best quality and technological features, and we always focus on bringing our latest products here.”

As well as 19 superyachts at the event, there are over 450 boats moored in the marina on display at the venue, and they feature products that will appeal to customers with a variety of interests.

Ahmad Al-Ameeri, General Manager for Seas and Desert Group, distributor of Azimut Yachts said: “With all of our customers, we've seen that they use their vessels 360 degrees, for fishing, diving and travelling. For the smaller range of yachts we see that owners want to drive and take care of the boat themselves, and not involve any crew. This is particularly the case with vessels up to 50 feet.”

Among the manufacturers and suppliers of vessels present at the show, Axopar Boats, Boston Whaler, Chapparal, Mastercraft and Wajer Boats are all showcasing the latest designs of small to mid-sized boats.

Running until Saturday 4 March at Dubai International Marine Club (DIMC), the five-day event is attracting visitors and professionals interested in all sectors of the maritime industry, is open to trade visitors and the general public from 3pm – 9.30pm daily from Feb 28 to March 4, 2017. Tickets are available at the gates for AED 60.


Posted by : GoDubai Editorial Team
Viewed 10218 times
Posted on : Saturday, March 04, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Local, International Brands Record Positive Sales and Interest at 25th Dubai International Boat Show
Next Story : Mohammed Al Shaali Receives Lifetime Achievement Honour at World of Yachts and Boats Awards
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Grand Optics exclusive: Le Specs eyewear collection LUXE Nucleus
Grand Optics exclusive: Le Specs Eyewear Collection Escape to the Exotic
Grand Optics Exclusive: MARNI eyewear collection
Introducing Parfums De La Bastide, an Artisanal Maison de Parfum inspired by Pro...
Chaumet - Imperial Splendours, The Art of Jewellery Since the 18th Century
From a House to a Smart Home: LG Smart Technology Helps Make Homes More Comforta...
GKhair celebrates 10 years of success at Beautyworld Middle East
Gold Collagen® to Launch in Dubai, May 2017
Dubai's largest Ramadan Night Market is Back!
Lexus Unveils All-New LC luxury Coupe to Open a New Chapter in Brand History
Aab Modest Wear Launches in the UAE
Hello Summer! Bershka launches its swimwear collection for Men and Women
Kiko Milano Launches Tropic Heat - A Collection Full of Energy, Colour and Vibrancy
LG showcases a future of multiple savings with trendsetting smart homes
Doha Bank Wins “Best Regional Commercial Bank” at Banker Awards 2017
Crown Prince and Deputy Ruler of Sharjah inaugurate the new Medcare Hospital in ...
Azraq, the world's first refugee camp powered by renewable energy
UAE Team Emirates Retain Blue Jersey
Monsoon and Accessorize have it covered for Ramadan 2017
International beauty brands line up wide range of product launches at Beautyworl...
Celebrate the Joy of Ramadan with IKEA'S Latest Collection
Stunning New Collections from Jaguar and Land Rover
Wella Koleston: Get ready for an Eid celebration that shimmers bright with color!
Beautyworld Middle East 2017 opens with 11.5 per cent year-on-year growth featur...
MICHAEL KORS Mens' Accessories
COÉGA Sunwear Swim Essentials
Rado Features Two Timepieces for the Perfect Father's Day Gift
Travel in style with these summer essentials from ban.do, Ted Baker, Tatty Devin...
Golden Bridge Stream - Corum's Vision of Architecture
Esposa Privé's Ramadan Collection Lands in Dubai & Abu Dhabi
Brand New Flagship ZIPPY store Opens in Dubai Mall Today
EUROSTAR Group expands its beauty and personal care product portfolio
Perfecting the Journey with TUMI 19 Degree Global Campaign
Volvo Cars partners with Google to build Android into next generation connected cars
Exotic Perfume Worth Over AED 608,000 a Bottle Draws Fragrance Buffs at Beautywo...
Celebrate the Warmth of Ramadan With Graceful Shades from Baume & Mercier
Aisha Badia Crowned Winner of Arab Reading Challenge in Bahrain.
Bubble 42 Juliette Jourdain - The Girl with the Pearl Bubble
Pamper Your Loved Ones This Ramadan With Les Classiques Fragrances, a Timeless C...
Symrise to Showcase Exclusive Products at BeautyWorld Middle East
Carl F. Bucherer Manero PowerReserve
Siemens partners with SACGC to boost industrial technology skills in Kuwait
British Orchard Nursery Wins 3 Coveted Awards at Dubai's Premier International B...
Dubai Customs carries out 2.33m transactions in 1st Q 2017
Dubai Chamber announces winners of Dubai Smartpreneur Competition
The world's first SOAPENIR, is the ultimate Ramadan gift for loved ones
Sony Mobile Xperia XZ Premium available for pre-order online and in stores in UAE
Growing focus on healthy & balanced meals, festivities, is the new spirit of Ram...
Danube Properties Redefines Affordable Housing with ‘Bayz'
The Modern Designs of West Elm's New Summer Collection Unveiled