A record breaking 47% or 164 of Australia’s 347 luxury yacht marinas participated in the 2013 Health of the Australian Marina Industry Survey, the report of which was released yesterday, on May 13, 2014. This Report builds on the previous 2011 Report, with a 16% increase in industry participation as well as further information on super yachts and marina development.
A. Chapman - President of The Marina Industry Association (MIA)
The Marina Industry Association (MIA) in association with the Recreational Marine Research Centre (RMRC) at Michigan State University has released the Report. It provides 130 pages of data and analysis of marina economic, social and environmental performance.
According to Dr Ed Mahoney, Director of RMRC “this Report is even more robust and wide ranging than the 2011 Report which was the most comprehensive marina study ever conducted anywhere. The 2013 Report provides a tremendous insight into the operation, performance and economic contribution of Australian marinas”.
The Report has 146 tables and graphs and includes summary analysis of the data. Nationwide data is provided as well as comparative performance data by state, by marina size and by club/non club. There is also ‘like for like’ data provided. Survey data includes marina gross revenues, taxes, capital expenditure, occupancy, facilities and services, tenants, recreational and social provision and environmental protection and investment.
MIA President Andrew Chapman said “the 2013 Report is the most wide ranging marina research document ever released in the world. It is a reflection of the mature state of the Australian marina industry. It demonstrates industry’s understanding of the importance of quality independent research to underpin the sector’s growth and development. The findings will not only benefit industry but also help government to better understand the benefits of marinas within their communities.”
Detailed findings from the Report will be progressively released over the next few months. The Report can be purchased via the MIA website.
