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THE BOAT SHOW’S IMPACT

The 2019 Fort Lauderdale International Boat Show is the largest in water boat show in the world and for many it is the unofficial start of the winter season in Fort Lauderdale. The 2019 show ran from from October 31 to November 4th and was expected to draw 110,000 plus visitors, 52 percent of those attending came from states other than Florida and from other countries. The anticipated economic impact for 2019 is estimated to be approximately $857 million for the State with approximately $283 million generated in Broward County. According to Stacey Ritter, President and CEO of the Greater Fort Lauderdale Convention and Visitors Bureau, “It’s the annual Super Bowl for us.” The growing number of mega yachts exhibited at the show, continued to attract affluent buyers and charter clients from around the world. The 2019 show had a newly dedicated marina, Superyacht Village across from Port Everglades Inlet and east of the 17th Street Bridge, displaying some of the most spectacular yachts in the show.

Not only those associated with the boating industry but many other South Florida businesses benefit from the domestic and international exposure the show brings to the area. The residential real estate market is one of those beneficiaries and was well-represented at the show. ONE Sotheby’s International Realty took prime space to showcase the variety of housing choices available in Fort Lauderdale and the surrounding areas. For high net worth individuals, Fort Lauderdale offers signature single family properties located along the many waterways where owners can have their yachts tied up in their own backyard. High-end ocean front condominiums were also showcased as well as more moderately priced housing.

The boat show is a catalyst to entice people to come to Fort Lauderdale and once they see and experience our beautiful City some decide to make this their home or one of their many homes.

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