Industry looks positive results

PLEASURE BOATS: An increase in registration shows positive results.

AFTER the great success of the Palma International Boat Show with a record 40,000 participants, the nautical industry seems to be sailing into recovery.
Between January and April of 2015, a total of 1,217 pleasure boats have been registered, which translates into an increase of 15.41 per cent if compared with the same period of the past year (1,057).
The full consolidation of a four-month positive trend has been accredited by experts as the most important fact.
“It is good news. During April, a great amount of transactions are closed in preparations for the nautical season, and the fact the registrations have increased this year also means commercialisation is experiencing positive results.
This means bigger chances of creating employment and improving productivity of the nautical sector which, in a less direct way, will also boost other economical sectors related to tourism,” said Carlos Sanlorenzo, General Secretary of ANEN (National Association of Nautical Businesses).
Boats smaller than eight metres have also seen an increase by 15.5 per cent within the period, with 1,076 registrations as opposed to those of 2014 (932). They continue to be the most requested by customers, with a market quota of 88.4 per cent.
Boats between eight and 12 metres have also registered an 11.6 per cent increase and those between 12 and 16 metres saw a 6.5 per cent growth.
The Balearics were rated as leaders of the market during the first four months of 2015, with an increase in registrations of 55.83 per cent (187 as opposed to 120 in 2014) and a market quota of 15.37 per cent.
Barcelona was placed in second position with a growth of 38.14 per cent (134 crafts) and Malaga was third with an increase of 6.6 per cent (81).

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