FLOATINGLOFT Investment Opportunity
OPPORTUNITY
The global boat rental market size was
USD 100 million in 2020. The market is projected
to grow from USD 100.91 million in 2021 to
USD 280.02 million by 2028. A ridiculously
strong 280% industry growth, floats all boats!
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On AirBnB and similar booking platforms – there are 5,600 boats listed, averaging $200
per night, and 90% occupancy rates. $200/n x 300 booking nights = $60,000/yr cash floor.
= payback terms and CAP rates better than any residential SFR or MFR asset class.
Traditional Real Estate firms avoid only because of many complexities. There are a total of
17 million recreational boats-currently in use in the United States. One in ten U.S.
households owns a boat. Of approx 280 million boats globally, maybe 5%
livable/sleepable "yachts" = 1.4 Million TAM (Total Addressable Market).
Of these, there are 130,000 boats already listed for rent for recreational purposes, and
far more that sit in beautiful marinas and COULD be listed for rent for
sleeping/bnb/residential use... the app culture wants "experiences" from housing dollars,
but until now, no dedicated consolidator/operator exists specific to the Short-Term
Residential Use.View entire presentation