Marina Dock Age January/February 2018 13
occupancy rates, and a much smaller number had lower occupancy, compared to 2016. See Fig. 2.
Slip/Service Rates
Fig. 3-A shows slip/service rates, compared to the year before, for the overall industry and by facility size. Small facilities had the lowest number with increased slips rates. Large and extra large facilities had a large number with increased rates, but extra large facilities also had the largest number with decreased 2017 rates. compared to the year before. Looking at slip rates regionally, the numbers did not vary tremendously. The Midwest and the West had slightly more with increased rates. The Midwest also had the largest number with decreased rates. See Fig. 3-B.
Product/Service Revenues
Fig. 4 shows the 2017 revenues, compared to the year before, for all product/service profitcenters. Leased slips showed the highest number with increased revenues. Transient slips, fuel, boat repair/maintenance and used boat sales were also high. For many of the products and services, 2017 revenues remained steady, compared to 2016.
Gross Profit
The majority of facilities reported a positive gross profit for 2017, more than three-quarters. Smaller facilities, those with 99 slips or less, had the fewest number with positive gross profits and the largest number who were uncertain about gross profits. Extra large facilities, those with more than 750 slips) had no facilities with negative profits, and a high number with positive gross profits. See Fig. 5-A.
Fig. 3-A: Slip/Service Rates, Overall and By Facility Size
X-Large (more than 750 slips) Large (250 to 750 slips) Medium (100 to 249 slips) Small (99 slips or less) Overall
48% 69% 53% 34% 33.3% 3% 2% 8.3% 49% 28% 45% 66% 58.3%
Fig. 3-B: Slip/Service Rates by Region
Midwest West South Northeast
49% 5% 46% 54% 2% 44% 45% 55% 37% 7% 56%
Fig. 2: Occupancy Rate, Compared to Last Year
no slips (boatyard only) Same as 2016 higher occupancy Lower occupancy Can't say for sure at this time
35% 49% 10% 1% 5%
Stayed the same Decreased Increased
Previous Page