Marina survey shows industry still growing

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Biennial survey confirms trend for more berths from fewer marinas.

The Marina Industries Association (MIA) has released the 2017 Club Marine Health of the Australian Marina Industry Survey report, continuing the biennial report card for the industry which began in 2011. For the purposes of this report, data was compared with the 2013 and 2015 reports to provide trends over a six-year period.

“The 120-page report is one of the most, if not the most, scientific and practically relevant marina surveys conducted anywhere in the world,” said the report’s author, Dr Ed Mahoney. “Twenty-five per cent of the known Australian marinas completed all three surveys over a six-year period and this provides the rare capacity to compare various performance measures over time.”

For this year's report, 44% of 320 marinas took part, up slightly on the 2015 participation rate which saw 137 marinas out of 346 (40%) complete the survey but down on 2013 when 164 out of 347 marinas (47%) took part.

Trend data over the 2012/13- 2016/17 period shows a steady demand for marina boat storage with national storage occupancy at 85%, while 38% of marinas reported having summer waiting lists for berth spaces. While there are fewer marinas in the most recent report, there has been a 3% increase in supply of berths to approximately 70,000 spaces. Supply of 24m plus berths grew 17% over this period.

There has been a significant increase in average gross revenues for marinas, up from $2.1 million in 2015 to $3.2 million, and average capital expenditure has also increased from $640,000 per year in 2015 to an average of $850,000 per marina in the latest survey. Investment in environmental protection also more than doubled.

In employment terms, the shift to using more contractors is continuing, growing by a massive 96% over six years.

The report's sponsor, Club Marine, welcomed the results of the latest survey.

“Club Marine is committed to providing thought leadership to the recreational marine sector,” said Simon McLean, Club Marine CEO. “This marina research is a most valuable addition to our understanding of the business of marinas and to the lead role they can play supporting the growth of recreational boating.”

The report has been sent to all participating marinas and is available for purchase from the MIA.

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