The yachting industry in Antigua and Barbuda is experiencing tremendous growth, taking the twin island nation’s tourism sector to new heights.
The recent Monaco Yacht Show showcased the country’s appeal as a premier yachting destination. Tourism Minister Charles Fernandez led a delegation to present a comprehensive view of the yachting sector in Antigua and Barbuda.
The impact of this thriving industry on the local economy is substantial. Robert Reis, CEO of Falmouth Harbor Marina, estimates that yachting generates about $200 million a year for the nation.
This figure highlights the importance of the sector in the overall income from tourism. Antigua marinas report a busy season, showing growing popularity among tourists.
Facilities such as the Antigua Yacht Club, Jolly Harbor Marina and Falmouth Harbor cater to a variety of yachts, from smaller vessels to mega-yachts. The influx of larger yachts leads to increased spending in local businesses.
One yacht crew reportedly spent $80,000 on groceries in a single day, showing the economic ripple effect. Recognizing the potential of the sector, the government supports its growth.
Falmouth Harbor Marina recently invested $7 million in upgrades, including a new 535-foot berth for mega-yachts and state-of-the-art fuel pumping equipment. The upcoming yachting season promises to be extremely busy.
Over 50 yachts have confirmed participation in the Antigua Charter Yacht Show in December. Berths in English Harbor and Falmouth Harbor are already filling up for the season, indicating strong demand.
Antigua and Barbuda’s Yachting Boom: A Catalyst for Tourism Growth
Antigua and Barbuda offers exceptional sailing conditions and comprehensive yachting services, including insurance and crew training facilities. These offers keep yachtsmen coming back year after year.
In the first half of 2024, the islands recorded 176,665 stay visitors, an increase of 15% from the previous year. This growth stems from effective marketing strategies and major events like the ICC Cricket World Cup.
As Antigua and Barbuda prepares for their busiest superyacht season yet, their combination of natural beauty and improved infrastructure positions them as a premier yachting destination in the Caribbean.
