Wade shares optimism on yachting industry

LAST year, 653 yachts visited Fiji. Out of this, 400 berthed at Vuda Marina, Lautoka.

Marina general manager and CEO Adam Wade said it was a good capture ratio and this showed Fiji had tremendous potential as a yachting destination.

“These people come from all over the world and they are all coming here and spending money in Fiji,” he said.

“A normal tourist who arrives by plane will pay accommodation and meals and everything normally to travel agents overseas.

“How much of that comes into Fiji is questionable.

“They fly into Nadi and go to their resorts. Their average lengths of stay are six days and they spend an average of $5000.”

However, Mr Wade said in the yachting industry, the average length of stay was 180 days and average spending was $32,000.

“Their spending is the best thing for Fiji.

“A lot of them travel East to West because of the wind and so they’ll come from Tonga, Cook Islands, Tahiti and clear at Savusavu, they’ll explore places like Lau and Ovalau.

“Obviously, they will buy food, drinks and provisions from the places they visit.

“They’ll go into the small shops to buy supplies, use public transport, buy produce from local markets so they are basically spending money throughout Fiji.”

The marina has been running at 100 per cent occupancy for the past couple of months.