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2016: A Year In Review With HMY Yacht Sales

Posted on: by Rob Bowman


Each year seems to fly by quickly as the team at HMY Yacht Sales truly enjoys helping our clients achieve their goals of spending more time on the water fishing, cruising, and vacationing with their friends and family. Looking back on 2016, HMY would like to sincerely thank our clients for capping off what was an amazing year that ended with a 4% increase in brokerage sales. While an unpredictable election year arguably resulted in a slight drop in overall units sold within the whole yacht industry, having a 21% increase in our average deal per boat led to a more profitable year overall. The brokerage success combined with strong sales on new Viking Yachts, Princess Yachts, and Cruisers Yachts, HMY ended 2016 with over 475 sales for over $400 million.

"We are thrilled with how 2016 turned out" says Tim Derrico, Director of Sales for HMY. "What is exciting is to see the momentum heading into January 2017. Our average deal increasing by more than 20% was not a fluke. We have the right team in place in the right offices in the busiest yachting destinations in the world and combined with our dominant marketing strategy, we are seeing all components of our business fire on all cylinders."

Both Sportfishing Yachts and Motor Yachts played an equally predominant role in this year's success. Pre-Owned Viking Yacht sales improved 6 units over 2015 and motor yachts over 90' improved by 3 units over last year.

 

Notable 90'+ Motor Yacht Sales in 2016:

Libra Star - 2008 Benetti 143'

Loose Ends - 1999 Delta 124' Tri-Deck

Savannah - 2001 Intermarine 118'

Bac O Booc - 2007 Bilgin 117' Custom 

Cheers 46 - 2011 Azimut 116' MY

Feelin' Free - 2010 Westport 112' RPHMY

Elonora II - 2011 Princess 95' MY

 

Notable 60'+ Motor Yacht Sales in 2016:

Mrs. Happy - 2007 Johnson 87' 

Sweet Mary - 2009 Lazzara 84'

Pipe Dreams - 2008 Horizon 82'

White Moon - 2011 Ferretti 80' 

RainMaker - 2007 Horizon 76'

Whistle - 2012 Lazarra 76'

Lolita - 2008 Lazzara 75'

A Mermaid's Tale - 2015 Princess Yachts 72'

 

Notable Viking and Sportfishing Yacht Sales in 2016:

Cajun Dancer - 2012 Viking 82' Enclosed Bridge

Sweet Tuna - 2013 Viking 82' Convertible

Miss MoneyPenny - 2016 Viking 80' Convertible

Persistance - 2009 Rybovich 78'

T.Mack - 2012 Viking 76' Convertible

Cool Breeze - 2009 Viking 74' Convertible

Big Gin - 2003 Ricky Scarborough 70'

Aqua Diva - 2007 Hatteras 68' Enclosed

Jichi - 2004 Paul Mann 68' SF

Champagne Lady - 2006 Bertram 67'

Ditch Digger - 2015 Viking 66'

Rebel - 2014 Bertram 64' Convertible

 

While we certainly look back over every sold boat and feel proud of helping our client achieve their goals, we cannot talk about 2016 without reminiscing over some of the events that HMY was blessed enough to take part. The HMY team is filled with experienced anglers that have traveled the world extensively looking for trophy Marlin and other big-game fish, so being a sponsor in many of the local fishing tournaments fits perfectly within our lifestyle. Whether it's the Viking Yachts Key West Challenge, Mike Schmidt Winner's Circle Invitational, Skip Smith's tournament series, or one of the many others, HMY is always honored to sponsor these events in the name of charity. But that doesn't mean we also don't have some fun! One of the best memories from this year is the first-place win at the Abaco Beach Blue Marlin Tournament that we were able to capture on video!

 

If you are truly a yacht-enthusiast then boat show season is one of the most exciting times of the year. Manufacturers release exciting new models with new features that were months in the making. 2016 once again offered great opportunities for you to get in front of the latest products at the Yachts Miami Beach Show, Palm Beach Boat Show, and Fort Lauderdale Boat Show. Yachts Miami Beach is right around the corner and we definitely hope to see you there! Take a look back at last year's show in the video below.

 

HMY's premier new yacht manufacturers stunned the industry in 2016 with several new models. At the 20th annual Viking VIP event in February, both the new 48 Convertible and 80 Convertible made their debut. HMY has sold multiple boats of each model due to their popularity. The 48C is the perfect boat for the owner operator that doesn't necessarily want a fulltime captain aboard. The maneuverability and easy access to the cockpit make it a great option for an angler with those needs. Princess also unveiled several new models including the 75 Motor Yacht which was named Best Production Motor Yacht Of The Year at the Asian Boating Awards. Cruisers Yachts also launched their first flybridge models including the 54 Cantius Flybridge and the 60 Cantius Flybridge, both of which debuted at recent boat shows to resounding success. Check out what Randy Vance from Marlin Magazine had to say below about the Viking 48.

 

If you are an HMY Yacht Sales client and you haven't been on our HMY Bimini Rendezvous in the Summer, then you definitely need to try and make it this year. The Resorts World Bimini marina offers the perfect destination from South Florida for a long weekend of snorkeling, partying, and lots of other fun events. This year's trip was the biggest ever and you can see photos from the event by clicking on our Facebook album or watching the video below from the previous year's excursion.

 

From everyone at HMY Yacht Sales, we thank you for your business and we look forward to making more dreams happen in 2017. If you are interested in listing your yacht for sale with HMY, please visit our Why List page and fill out the contact form.


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