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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1875 |
Essay's paper body
South Florida, the U.S. leader in ports of call for mega-yachts, saw a significant portion of the $9 billion per annum recreational marine industry. Economic impacts of the mega yacht industry included purchases of goods and services, as well as maintenance, repairs, refittings and docking fees from local marinas and boatyards...
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These owners typically spent 6-10 weeks a year on their yachts and made them available for charter during the rest of the season. When the yachts were not used during these times they were usually moored in port, in dry storage or in dock for repairs. Operating expenses for a yacht typically costs an owner around 10 percent of the yachts value per year...
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