Tag Archives: COVID-19

NMMA report indicates continued sales momentum

The NMMA announced continued momentum of boat sales and boating demand propelled by the COVID-19 pandemic. New boat sales, which reached a 13-year high in 2020, remain at elevated levels – with sales through March 2021 up 30% compared to the 2020 average; demand is at an all-time high as Americans take to the water in record numbers; and dealers are selling ...

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Norwalk Boat Show returns to Norwalk Cove Marina

Norwalk Boat Show

After a year hiatus due to the COVID-19 pandemic, plans are underway to welcome visitors to Norwalk Cove Marina for the 45th Progressive® Insurance Norwalk Boat Show September 23-26, 2021. “We took this year as an opportunity to evaluate all aspects of the boat show and are in the planning stages to enhance the experience for our exhibitors and attendees in ...

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At the Helm: Happy New Year indeed!

By David Gee “Every new beginning comes from some other beginning’s end.”  That quote is attributed to Lucius Annaeus Seneca, an early 1st Century Italian philosopher, statesman, dramatist, and tutor to the fifth Roman emperor Niro. And if that doesn’t ring a bell, perhaps you recognize the line from the end of the 1998 hit song “Closing Time,” by Minneapolis ...

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NMMA President talks boat shows

Frank Hugelmeyer NMMA

After a year filled with uncertainty and disruption, including the cancellation and postponement of many boating industry events and shows, NMMA president Frank Hugelmeyer shares his thoughts on the importance and future of boat shows: The unprecedented disruption from COVID-19 has been a blessing and curse for the recreational boating industry. On one hand, we have witnessed a remarkable shift ...

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Dealing with a pandemic and unprecedented demand

By David Gee There are approximately 4,300 recreational boat dealers in the U.S., but the largest 50 of them generate about 30% of the industry’s $12 billion annual revenue, according to Dun & Bradstreet. So let’s call the industry fragmented. Given that starting point, what is it like to run a boat dealership these days? Especially this summer of 2020? ...

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Senators call for outdoor recreation funding

Last week, a dozen U.S. Senators sent a letter to the chamber’s leadership urging them to include support for outdoor recreation and public land infrastructure jobs in the next COVID-19 relief package, drawing praise from NMMA. In the letter, the Senators note that more investment is needed in order to bring back jobs lost as outdoor recreation has decreased during the COVID-19 ...

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May sets records in growth for new boat sales

The NMMA reports new boat sales rebounded sharply in May, up 59% compared to April, and up 9% from pre-pandemic levels on a seasonally-adjusted basis. Total sales in May were the highest they’ve been in a decade with upticks across all segments. Leading the growth were PWCs, saltwater fishing boats, and jet boats, which account for 41% of new boat ...

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NMMA president featured in FOX Business

NMMA president, Frank Hugelmeyer recently penned an opinion piece in FOX Business highlighting why recreational boating is the perfect activity amid the COVID-19 pandemic.  “As springtime came to a close, fears of a ‘lost summer’ echoed throughout the country,” wrote Hugelmeyer. “Thankfully, our natural resources are wide open for the recreational activities that have long been a hallmark of the ...

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Tampa Boat Show canceled

Tampa Boat Show

With COVID-19 cases increasing around the country, particularly in the Tampa area, NMMA has canceled this year’s Progressive® Insurance Tampa Boat Show at the Tampa Convention Center, which was scheduled to be held from September 11-13, 2020.  "While we remained hopeful that the show would proceed amid the evolving coronavirus situation, we believe this is the most prudent course of action to ...

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