CHICAGO--(BUSINESS WIRE)-- “The COVID-19 pandemic propelled interest in outdoor recreation activities like boating last year, which provided a welcome escape and reinvigorated one of America’s greatest pastimes. According to the National Marine Manufacturers Association (NMMA), this trend is here to stay – the boating industry is booming with demand at an all-time high as Americans plan for a summer on the water.”

“At the Champlin City Council meeting on May 10, the council approved, by a 3-2 vote, a contract agreement with Minneapolis-based boat rental company Your Boat Club that allows the business to operate at Mississippi Point Park starting this year.”

KEY POINTS:

-Boat sales skyrocketed last year during the pandemic, and the trend shows no signs of slowing in 2021.

-Now, dealerships are struggling to maintain inventory and manufacturers are expanding production capacity to meet demand.

-First-time buyers are entering the market in larger numbers, a sign that the growth has staying power.