Miami news, Miami local news

The economical crisis is hitting the boating industry and Miami boating events extremely hard as seen by the rapid disappearance of boat buyers. Some analysts had anticipated that the wealthy would not be impacted by the crisis and that the yacht and mega yacht segment of the market would be unscathed.

It is time for those analysts to go back and rewrite their reports. Visitors on Florida vacations will normally be preparing now as the Miami Boat Show approaches at this dire time. Some billionaire boat owners have been impacted more than others. The Russian oligarch Abramovitch, a yacht collector, lost most of his fortune in the past few months. His fortune dwindled from about $80 billion to $3 billion.

Large yacht manufacturers and Miami boating events have begun to feel the effects quite intensely. The Italian Ferreti is restructuring its debts and the French Rodriguez is said to be on the verge of bankruptcy.

The 68th Miami Boat Show will be challenged by our current economy. Out-of-towners can find deals for their Miami boating events vacations by booking a Miami Beach vacation rental.

Coconut Grove Arts Festival

From February 16th to the 18th, the Coconut Grove Arts Festival will be in Miami Florida. The festival will be open each day from 9:00 a.m. until 6:00 p.m. and is held in the streets of Coconut Grove. The Coconut Grove Arts Festival it offers the chance to see great art and meet with the artists themselves.

Attention Art Lovers! The biggest art event in Miami will arrive to Coconut Grove this weekend. There is going to be everything at this Miami event. Last year, I really enjoyed a little stand of hand made soaps. I know soap isn’t precisely art, yet I found it peculiar, and the soaps were awesome they smelled great and were pretty. Also at this family-oriented event, the little ones will have lots of things to do. Just beware the parking issue is big. I can suggest you to park on the Coconut Grove Metrorail station’s parking and walk from there to the festival in order to avoid heavy traffic. The other option will be to park along the 27^th street were several buildings offer their fronts for parking. The parking fees can move from $10 to $20.

The Food Network South Beach Food and Wine Festival is one of the most popular events in Miami and it features several TV personalities. The event will also feature live music, wine and food degustations, and plenty of activities for the kids. A family event you should not miss!

Miami International Boat Show

There is going to be a lot of things to do at the 2008 Miami International Boat Show. The Miami International Boat Show will be at the Miami Beach Convention Center this weekend. Probably, the highlight of this Miami exhibition is going to be the Big Game Room.

The Miami Boat Show is in Miami right NOW! This weekend the Miami International Boat Show will hit the city of Miami. Great event for boaters!