Fuel prices: How they impact the 2022 boating season

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Fuel prices: How they impact the 2022 boating season
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An increasing number of boaters are aggressively planning trips this summer, although the trend could slow down, industry experts argue.

Boaters are aggressively planning trips this summer, more than ever before, even withWhen the pandemic erupted, demand for boating surged, the Wanderlust Group CEO Mike Melillo told FOX Business."There was a boom in people getting out on the water as cities lost their monopolies on jobs" and companies implemented remote work, giving consumers the "ability to live and move to coastal towns," Melillo told FOX Business.

Over the past two years, the demand for boat slips – a single parking space for a boat – "has gone up considerably," Melillo said, citing data from the company's marina reservation app and boater relationship platform,So far this year, the company has already seen a 40% increase in bookings for slips made through the app compared to a year ago. Ahead of the summer, Melillo said his platform isn't "seeing a drop in demand" either.

Rea said the company is getting more complaints about fuel prices, but people are still going out. He said the average price to fill up a boat was about $600. On the contrary, Kevin Day, manager of the San Diego's Harbor Island fuel dock, told FOX Business that he is seeing demand drop, both for smaller boat owners and even with people who own much larger vessels.

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