- The global yacht and luxury vessel market is registering steady growth that’s expected to continue to 2025 and beyond
- Economic stabilization and an increased interest in marine and coastal tourism have ranked among the most prominent factors for the positive market trend
- Companies like Victory Marine Holdings provide excellent investment opportunities because of the tailored, comprehensive range of services available
Throughout 2018, Victory Marine Holdings Corp. (OTC: VMHG) has been working on ensuring vertical growth opportunities and increasing its number of core directions. Two of the primary objectives announced in September 2018 were to increase the company’s inventory and the size of its sales team. Both of these strategic improvements aim to respond to the growth of the yacht industry that occurred in 2017 and 2018 and that is anticipated to continue.
Per reports, 2017 was the busiest year for the market since the financial crisis. According to industry experts, the year marks the best results since 2007, and this positive direction is expected to…
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