Industry panellists view market with optimism on board CAKEWALK

The panel on board CAKEWALK consisted of Burgess CEO Jonathan Beckett, President & CEO of Show Management Skip Zimbalist, President of the Florida Yacht Brokers Association (FYBA) Lon McCloskey, and Michael Moore of Moore & Co and Chairman of the Board for The International SeaKeepers Society. Jill Bobrow, Editor-at-Large for Yachts International Magazine, moderated the discussion.

The panel debated questions on the provenance of superyacht buyers, emerging markets, the recent trend for megayachts, the importance of the Fort Lauderdale Boat Show (FLIBS) and environmental responsibility. Beckett commented that: “North America remains the single most significant market for yachting, with South America gathering pace, and Russia and the Middle East continuing to push the boundaries for the very largest vessels.” It was conceded that the market for 100m+ yachts was extraordinary but finite.

According to McCloskey, FYBA has adopted a more global focus and is targeting Asia for new business prospects. According to Zimbalist, on the first day of FLIBS, attendance was up by 40% on 2012, signalling that the green shoots of post-recession recovery are now tangible in the industry. However, as Beckett pointed out, in the large yacht sector of 45m+ in which Burgess specialises, numbers are less key than identifying a few genuine buyers.

The panel concluded that yachting is a lifestyle choice. Moore said: “You can’t replicate the feeling of being on board a yacht.” He added that there is a marked benevolent approach by the whole industry towards ocean-based charities. “Through organisations such as SeaKeepers, the level of awareness and desire to give back to the marine environment is very encouraging.”

The impeccably presented, keenly for sale, CAKEWALK proved to be the perfect platform for hosting key figures from the superyacht world as depicted in the video highlights from the event here:

View more details on CAKEWALK here or contact a Burgess sales broker to learn more about this world-class yacht.


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