Please select your home edition
MBW newsletters (top)

Marina research quantifies Covid-19 impacts

by Colin Bransgrove 22 Jul 23:49 PDT

The Marina Industries Association (MIA) has just released a report indicating an AU$48m reduction in Australian marina revenues over the three-month period March - May 2020. The data also indicates the negative impacts of the Covid-19 pandemic have been greatest in Queensland and Victoria. Club marinas have been most negatively impacted, followed by commercial marinas and then boat yards.

The most heavily impacted revenue generating areas of business were food and beverage (64% of all marinas) and marina wet berthing 52%. 89% of marinas experienced negative impacts during the survey period. 22% of marinas experienced some positive impacts however with demand for dry boat storage being the most significant area of increase at these marinas.

The research was conducted for the MIA by Dr Mahoney and his team at Michigan State University. One third of all Australia's 312 marinas fully completed the survey providing a very robust set of data. MIA President Andrew Chapman commented "the Australian marina industry has once again rallied to provide excellent data based on an enduring trust and appreciation of the work done for our industry by Dr Mahoney and team in Michigan".

Based in the survey results 239 marinas qualified for Federal governments Job Keeper payments with turnover dropping by at least 30%. Approximately one-third of marinas were forced to permanently retrench or reduce staff positions at their marinas totalling almost 600 positions nationally.

At the time of completing the survey in June, 70% of Australian marinas anticipated negative impacts would continue into the 2020/2021 financial year with an average estimated loss of profits of 20%.

The report entitled Impacts of the Covid-19 Pandemic on Australian Marinas is available for download from the resource centre within the MIA website.

Related Articles

Online Club Marine Emergency Preparedness Course
This online course should be part of any marina's risk mitigation strategy MIA has converted our face to face Club Marine Emergency Preparedness Course to also be available online. With enhanced downloadable reference documents, this course will include a combination of self-paced learning and online live session Posted on 6 Aug
Marinas21 call for papers
The theme for Marinas21 will be Inspiring Business Success! The Marina Industries Association (MIA) is full steam ahead in planning its biennial Marinas21 International Conference and Trade Show which will be held at the Marriott Resort Surfers Paradise, 24-25 May 2021. Posted on 5 Aug
Environmental accreditation for Dubai Marina YC
The first Fish Friendly marina in the UAE Dubai Marina Yacht Club has recently been accredited as the first Fish Friendly accredited marina in the UAE by the Marina Industries Association (MIA). Dubai Marina Yacht Club has also been re-accredited under the International Clean Marina programme. Posted on 15 Jul
MIA Monthly eNews
Vale Ian McAndrew, Resuming Selected Face to Face Courses, Marine Industry Foundation Activity The international marina industry has been very saddened to hear of the passing of Ian McAndrew on Sunday 28th June. Ian entered the industry in 1987 when he developed the then ground-breaking Anchorage Port Stephens Resort and Marina in NSW. Posted on 30 Jun
Webinar: Charting the future of marinas
Using a risk management process to identify future trends and develop solutions to complex issues Representatives from the water and environment team at BMT are providing the marina industry with an hour webinar regarding the application of risk management processes to assist the industry and marina operators to identify future trends. Posted on 9 Jun
WEBINAR: Designing & constructing breakwaters
The breakwater could make or break the viability of a marina Designing and constructing the right breakwater must not only shield vessels from excessive waves and currents but also provide an effective hydrological solution to ensure the environmental and economic sustainability of the marina. Posted on 20 May
Online Emergency Preparedness Course
This course will include self-paced learning and online live session For all MIA members to access education and training even during the COVID 19 crisis and these social distancing times, MIA has converted our face to face Club Marine Emergency Preparedness Course to also be available online from 25th May 2020. Posted on 13 May
Marina Training Chairman predicts lasting change
On marina training as a result of the COVID-19 crisis The Chairman of the Global Marina Institute (GMI) Tony Browne CMM predicts a lasting impact on marina training as a result of the COVID-19 crisis. Posted on 12 May
Innovative strategies to maintain boater loyalty
Marinas adjusting to change during the COVID-19 crisis During the COVID-19 crisis Australian club and commercial marinas and boatyards have had to think quickly to deal with the sudden drop in demand for boating and related services. Posted on 5 May
MBW newsletters (top)