Beirut boat 2018 at St. George Yacht club in Beirut. (The Daily Star/Hasan Shaaban)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
That's what the organizers of Beirut Boat, the International Boat and Super Yacht Show, were hoping, as they kicked off this year's five-day event, which runs through May 13, at the Beirut Marina at Zaitunay Bay, targeting both customers and dealers for potential sales."We want to reposition Beirut as a rendezvous for boat shows in region," said event organizer Georges Bou Nahed, project manager at International Fairs and Promotions Group, acknowledging that boat sales and events have struggled in recent years due to regional turmoil and a related economic recession, leading Dubai to take away some of Lebanon's spotlight with its own similar events. He also wants to offer a more accessible luxury market for those who are interested in boats, pointing them to smaller models – such as $50,000 speed boats – or yacht rentals. Indeed, local boat dealers are hoping that this event will encourage boat sales, which have been severely lagging for the past two years – down by more than 50 percent from three years ago for the major boat dealerships. Attending this year's 11th edition of the Beirut Boat show are 52 companies from 11 countries and around 10 local boat dealerships.
Lebanon flops on competitiveness: report
Forbes Middle East honors prominent Lebanese figures
Education innovator runs school for ‘tomorrow’s leaders’
FOLLOW THIS ARTICLE