BELLINGS

Impatient yacht owners make for a hot new asset class

Marinas tick the ‘dependable cash flow’ box with relative ease and come with plenty of room for improvement

Marinas tick the ‘dependable cash flow’ box with relative ease and come with plenty of room for improvement

BELLINGS Intelligence Score: 20

Why it matters

The emergence of marinas as a new asset class with dependable cash flow is an interesting development for credit-market professionals, but it represents a niche market trend rather than a broad or systemic shift.