Latest news with #PalmBeachInternationalBoatShow
Forbes
21-04-2025
- Business
- Forbes
In Yacht Shows, Is Palm Beach The New Monaco? That Depends.
Let's be clear. The Monaco Yacht Show has always been in a class by itself. It is a nonesuch destination reigning as the undisputed leader in all things luxury. In light of this question posed ahead of the Palm Beach International Boat Show, or PBIBS, is Palm Beach the New Monaco? The recent environment suggests the center may be shifting, with wealth and power finding Palm Beach an appealing alternative. So, a month after all the boat horns sounded to signal the show closure in Palm Beach, how did it measure up to Monaco? It depends on who one asks and what objectives are considered. The 43rd edition of the Palm Beach International Boat Show, PBIBS, officially took place from March 21-24, spanning five days, up from the usual three, for the first time. The show featured more than 200 superyachts over 80 feet, 45 of which exceeded 150 feet. In all, there were 1,000 boats on display, with 80 debut yachts. The 33rd edition of the Monaco Yacht Show, presented from September 25-28, 2024, featured 117 superyachts on display, 81 of which were debuts. An additional 53 sat at anchor in the bay. At the time of writing of this article, Informa claimed more than 60,000 attendees at the Palm Beach show this year, exceeding 2024's tally of 55,000 visitors. Attendance at the Monaco Yacht Show in 2024 was 29,197. Both shows indicate qualified attendees serious about a charter or yacht purchase. The Palm Beach show was compact and easy to navigate. By contrast, Monaco's expanse around the port seemed more spread out. Palm Beach? It was just easy. Clearly mapped. Easily navigated. Well maintained. And parking? Generally easier than other shows. Traffic, however, still tries one's patience, but is not as lengthy a delay as some of the shows. This year, Palm Beach featured innovations and reveals that proved big news. Like Sanlorenzo's announcement that it doubled its revenue in the past five years while acquiring sailing giant Nautor Swan, with a new 137-foot alloy Swan sailing yacht in the works alongside acquisition of Simpson Marine. And like the Benetti's 280-foot Espen Øino and Zuretti Project Life built on spec with a 2025 build start and 2030 delivery. And like Baglietto's world premiere of Daybreak, a 170-foot spatial magician for its size, with impressive 'Made in Italy' luxury details. Denison Yachting announced partnerships with Northern Jet, set to dovetail with an automotive group, perhaps Holman Motors, for a seamless, full-service experience for charter clients. Feadship emphasized continued advances in sustainable luxury on board superyachts, advancing the efficiency and use of electric drives, biofuels, and hydrogen propulsion, along with highly sustainable interior materials, providing insight, solutions, and options across the marine industry. Tankoa's 52-meter S520 unveiling, and Sunreef's new Las Olas office Ft. Lauderdale just brush the surface of yachting sector news. Comparing the locations of the two shows, which is best? Monaco's extraordinary architecture and lush environments with impressive histories are legendary. There are 16 Michelin Star dining establishments in Monaco, with the three-star Le Louis XV - Alain Ducasse à l'Hôtel de Paris leading the pack. Palm Beach is no architectural slouch, however, with its array of mansions on Palm Beach's exclusive island, surrounded by expansive, impeccably tended landscapes and artistic displays. The unique Flagler style can be seen throughout the region. On the dining scene, Palm Beach in its first year review by the Michelin Guide earned one star for Konro, in a field of nine total nods from the judges. Monaco is graced with many hotel choices, all with exclusive rates pushing $3000 per night with a four night minimum, but with every possible luxurious amenity a prospective yacht buyer could dream up. Palm Beach lists eight luxury hotels, one of which includes a boutique hotel within the iconic Breakers, offering 21 rooms and suites within the confines of the main hotel, which harks back to 1896. Both Monaco and Palm Beach understand what their guests seek in terms of posh digs and attentive service, and guests will want for nothing. Shopping is often a criterion for those seeking superyachts, so it stands to reason that it is a consideration in comparison. Monaco has haute shops in spades, with globally acclaimed designers and exclusive boutiques tucked into every niche. From Metropole and Fontvieille to Marché de la Condamine, it is a challenge to name an important designer without a presence or to find a luxury item not available here. Palm Beach, Florida, USA at Worth Ave. getty Palm Beach, however, has its own designer enclaves dotting Worth Avenue and in The Royal Poinciana Plaza. Kassatly's, Worth Avenue's oldest shop dating back to the 1920s, carries fine linens, luxurious sleepwear, and a cache of cashmere, situated among additional boutiques that rival in their niches. Boats may be the focus here, but other pursuits contribute to making both trips exciting. Monaco's cultural and entertainment menu is diverse, ranging from gaming at the Casino de Monte-Carlo, dancing at Nikki Beach or Jimmy'z, peeking at the Place du Palais, a bit of whale watching, a menagerie of museums, and a little jazz and a Condamine Champagne Cocktail at Le Bar Américain. Palm Beach is a little more casual but offers an eclectic menu. Options include brunch and a sporting match at the National Polo Center, golf at The Ocean Course at The Breakers or Niklaus Bear's Club, a show at Kravis Center, or jumping and equitation events at the Wellington International Equestrian Center. Both locations have lovely beaches. Palm Beach has lovely blue water along the Atlantic coast. Informa states that PBIBS has historically delivered a more than $1.05 billion economic impact to the Palm Beach region. MIAPBC Executive Director Alyssa Freeman stated, 'This year's record-breaking success has driven unprecedented revenue for local businesses, while also generating crucial funding for local nonprofits that strengthen the boating industry.' What hangs in the balance are the actual sales numbers attributed to the show, along with other more subjective stats like which show has the best array of yachts, or which offers the greatest value for exhibitors or buyers, not to mention which is more enjoyable or easier to navigate. The question remains, and the debate is far from over. As both shows continue to refine and improve, both are worth the journey. The 2025 Monaco Yacht Show is scheduled for September 24-27. The Palm Beach International Boat Show will be held March 25-29, 2026. See you there!
Yahoo
16-04-2025
- Business
- Yahoo
Palm Beach International Boat Show reports record attendance after a big change this year
The Palm Beach International Boat Show expanded by one day this year, and the move seems to have paid off. The five-day turnout for the festival on West Palm Beach's downtown waterfront had record numbers, according to the Marine Industries Association of Palm Beach County, which hosts the event. "We had a record attendance of over 60,000 people with an extra day of the show,' said Alyssa Freeman, the organization's executive director, in a statement. 'In years past, we've averaged just over 55,000 guests." The event, which debuted in 1982, won permission from the city this year to add a fifth day, bringing it in line with boat shows in Miami and Fort Lauderdale. It ran from Wednesday, March 19 to Sunday, March 23. This year's show, which was produced by Informa Markets, also set an event record for the most boats, with more than 1,000 on display. Organizers say a successful boat show generates grant money that the organization uses for charitable purposes, and it also provides a substantial economic boost to the area. The week of the festival, hotel occupancy rates in downtown West Palm Beach and near the airport were 95%, 6 percentage points higher than the previous year, according to Discover The Palm Beaches, the county's tourism marketing arm. The Marine Industries Association said it plans to continue with its five-day format next year, with the event running March 25-29, 2026. Andrew Marra is a reporter at The Palm Beach Post. Reach him at amarra@ This article originally appeared on Palm Beach Post: The Palm Beach International Boat Show sets an attendance record
Forbes
09-04-2025
- Business
- Forbes
5 New Yachting Brands To Know About In 2025
The yachting market has been buoyant over the last few years, with more and more people looking to get out on the water and experience life at sea, either by buying a yacht or renting one as part of a private charter. In fact, 2021 saw a record-breaking number of yachts above 82-feet change hands, according to superyacht intelligence platform SuperYacht iQ. That demand has slowed a little since then, but there's no denying that the market has become increasingly varied and attractive, as yacht designers get smarter at incorporating space, introducing new lifestyle features and adopting the latest cutting-edge eco-initiatives into their yachts. With demand growing, there's been a new crop of superyacht shipyards and yachting brands emerging to satisfy those demands. Whether they're brand new to the yachting scene or drawing on decades of experience in the shipbuilding sector, these are the new yacht brands to watch in 2025 and beyond… The yacht has a sleek, streamlined silhouette with solar panels on the roof Where are they based? Tuzla, Turkey What's the story? Slovenia-based hybrid boat specialist Greenline Yachts launched the GX Superyachts brand to tap into the big-boat market. Combining efficiency with solar charging technology and topped off with sleek design, the GX brand aims to offer something contemporary and good-looking, yet functional and efficient at the same time. SES Yachts is handling the aluminium construction. The unfolding beach club is a popular trend in yacht design right now What are they currently building? One 137-foot hybrid superyacht called the GX42. The yacht has a unique beach club arrangement with unfolding sea terraces, with a chic, sharp design by Marco Casali. What will they build in the future? The smaller GX34 was revealed at the 2025 Palm Beach International Boat Show. 'There has been such a clamor of interest around the debut of this exciting new sustainable superyachting business, that it made sense to proceed quickly with a second model,' said a spokesperson in a press release. The flagship of the yard is a hardy steel-and-aluminium explorer Where are they based? Tolkamer, the Netherlands What's the story? Founded by a Greek yachtsman with a long history in the yachting world, Leapher was established a few years ago with the goal of building durable, high-quality explorer yachts. They chose the Netherlands in spite of the high cost of construction because of the country's rich shipbuilding history, experience and unbeatable reputation in the yachting sector. An aerial view of the yacht shows its commitment to al fresco living What are they currently building? One 198-feet explorer yacht called the NAVIX60, built in full steel and aluminium with a huge aft deck pool and polar cruising capacities. What will they build in the future? The yard is currently in the development phase for the NAVIX50, a versatile explorer yacht that measures 164-feet. It will have the same go-anywhere capabilities, but with a new, fresher design. The G24 yacht will be named Veronika Where are they based? Viareggio, Italy What's the story? After years of building the major components for other players in the superyacht sector, Giangrasso Group has branched into its own brand. It's a family-run business but it has lofty goals for the future, and years of experience to see those goals through. The proposed interiors of the G24 model What are they currently building? One 79-feet all-aluminium yacht called the G24 Classic. The yacht has a traditionally-styled exterior and interiors will be by Rome-based designer Michela Reverberi and will include plenty of bespoke touches to create a clean, yet warm onboard ambience. What will they build in the future? The yard has plans for a G25, G30 and G34 to offer a full fleet of yachts at different size points. The Seamore 34 features design from esteemed firm Hot Lab Where are they based? La Spezia, Italy What's the story? After years of building components for other brands in the industry, Antonini Navi established itself independently in 2020. The brand is led by the Antonini Family in partnership with Aldo Manna. Reputable designers like Hot Lab, Fulvio De Simoni and Hydro Tec have been called in to collaborate, giving each model a well-considered and strong profile. The yacht has been in construction since March 2024 What are they currently building? Three yachts – the 104-feet EVO 31, 111-feet Seamore 34 and the 135-feet SUY 135. The latter model is being built on speculation (without an owner), showcasing the brand's pre-established strength in the market. What will they build in the future? With shed space fitted out to complete two yachts ranging from 98-feet to 229-feet and surface area of around 60,000 square feet, the yard has huge scope for future superyacht construction. Simena is for sale at €45,900,000 Where are they based? Antalya, Turkey What's the story? With a long history of military shipbuilding, the shipyard recently branched into superyacht construction with a high-powered sailing yacht. Like the SUY 135 above, the yacht is being built on speculation, highlighting the brand's existing strength and versatility to build both commercial and pleasure craft. The yacht will be a true sailer What are they currently building? One 203-feet sailing ketch called Simena which will have an on-deck Jacuzzi, six guest cabins and ample exterior deck spaces. What will they build in the future? With capacity for both sailing and motor yachts of enormous lengths, Ares has near-limitless possibilities for future new builds. Simena has already been well-received on the market, so it's likely she'll have some sisters floating around soon.
Yahoo
24-03-2025
- Yahoo
Extended bridge openings to continue through Tuesday as vessels depart boat show
The Palm Beach International Boat Show drew to a close Sunday, but motorists should expect delays through Tuesday on two of the three bridges connecting Palm Beach to West Palm Beach. Extended drawbridge openings will continue as vessels depart the boat show, the town said in an alert Sunday. The annual event along West Palm Beach's waterfront began Wednesday and concluded Sunday. The show was expanded to five days from three by the show's host organization, the Marine Industries Association of Palm Beach County. Extended drawbridge openings are a result of higher-than-normal vessel traffic passing under the Royal Park (middle) and Flagler (north) bridges, the town said. Scheduled drawbridge openings are not changing, Police Department spokesperson Capt. William Rothrock told the Daily News last week, but the higher volume of boat traffic will lead to longer bridge openings. Rothrock noted that extended bridge openings have been occurring since March 14, primarily impacting the Flagler and Royal Park bridges because of the boat show's location between them. Unscheduled openings for barges related to the Bonefish Cove Project will continue, Rothrock said. The project is expected to be completed in August. The town is urging residents and visitors to "plan their travel routes accordingly." Jodie Wagner is a journalist at the Palm Beach Daily News, part of the USA TODAY Florida Network. You can reach her at jwagner@ This article originally appeared on Palm Beach Daily News: Extended bridge openings to last through Tuesday following boat show
Yahoo
22-03-2025
- Politics
- Yahoo
Trump to spend weekend in New Jersey instead of Florida
March 21 (UPI) -- For the first time since he became president two months ago, Donald Trump traveled to New Jersey this weekend instead of his home in Palm Beach, Fla. On Friday night, Air Force One flew to Morristown Municipal Airport and his motorcade then went to Trump National Golf Club in Bedminster, N.J., 45 miles from Manhattan. He plans to stay there going to the NCAA wrestling championships in Philadelphia. He also attended the 2023 wrestling championships in Tulsa, Okla. Trump was at the Super Bowl in New Orleans on Feb. 9 and NASCAR's Daytona 500 in Daytona Beach, Fla., one week later. Also, he visited North Carolina and California on Friday, Jan. 24, surveying storm and fire damage. The last time Trump was at Bedminister was after the assassination attempt in Butler, Pa., on July 13, 2024. Trump has spent at least 18 nights in Florida, according to CNN. That is every weekend except when he stayed in Washington, D.C., to speak at the Conservative Political Action Conference. During his second presidency, Trump also has gone to his Doral golf resort. Trump usually doesn't go to his New Jersey Club until April when the Mar-a-Lago season ends for the summer. He has referred to the estate as his "Winter White House" before it gets hot and humid there. Trump announced his run for a second presidential term on Nov. 15, 2022. In Trump's first year as president 2017, Trump did not travel to Bedminster until May. People in Palm Beach County usually get advance notice the president is coming there. The Federal Aviation Administration Safety Team issues flight restrictions and the latest shows him in New Jersey from Friday through Sunday. By not going to Palm Beach County, Secret Service and the Palm Beach County Sheriff's Office won't have to deal with security at the Palm Beach International Boat Show from Wednesday through Sunday. South Ocean Boulevard next to his club is closed when he is in town. Estates are in Bedminster and Palm Beach. The 500-acre Bedminster property, including automaker John DeLorean's mansion, was sold in 2000 to a golf course developer and then to Trump for $35 million in 2002. The property includes two 18-hole golf courses and a mansion built in 1939. Trum's first wife, Ivana, is buried in the Trump family cemetery there. Trump and his wife, Melania, became permanent Palm Beach residents in 2019 instead of New York City. During his first presidency, he hosted Japanese prime minister Shinzo Abe and Chinese president Xi Jinping. Mar-a-Lago is where Trump housed classified documents, including in a showroom and a bathroom. Trump often criticized his predecessor, Joe Biden, for spending weekends at home in Delaware.
