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Tue 29 Mar 2011 06:54 PM

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Global sales set to hit AED1bn on back of Dubai boat show

Organisers say sales during show set to double, Sudan gov't orders 45 vessels after event

Global sales set to hit AED1bn on back of Dubai boat show
Sunseeker 40 luxury boat.

Organisers of the Dubai International Boat Show said on Tuesday they expect sales to reach AED1bn as a direct result of the show.

More than 750 international companies and brands took part, with 26,000 visitors attracted to the show.

The event recorded around AED500m worth of onsite sales, with exhibitors expecting around the same value to come, organisers said in a statement.

ART Marine, one of the largest exhibitors, reported record-breaking sales totalling AED240m during the show.

Helal Saeed Almarri, CEO, Dubai World Trade Centre, organiser of the event, said: "This event not only confirms that the leisure marine industry has a strong and a healthy future in the Middle East, it also illustrates the show's fundamental importance as a business channel to the rest of the world.

"This year's edition has reinforced its position as one of the five top boat shows in the world as a sales and business platform."

Gulf Craft introduced four world launches this year and recorded sales of AED70m.

One of the show's highlights was the record sale of a 40 metre Sunseeker superyacht, which was bought for AED100m.

One of the deals to be signed after the show included an order from the Government of Sudan for 45 boats worth AED18.5m.

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