The Florida Yacht Brokers Association has changed its name to the International Yacht Brokers Association (IYBA), to better reflect its membership.
“When we mapped out the FYBA membership, it reinforced what we already knew, that FYBA is truly an international organization with members operating in popular yachting areas not just in Florida, but around the globe,” FYBA Executive Director Cindy Sailor stated in a press release. “Our new name, International Yacht Brokers Association, better reflects who we are — the largest and most prestigious group of professional yacht and charter brokers in the world.”
The organization was founded nearly 30 year ago and has more than 1,350 members working in more than 400 businesses. According to the group, its members are responsible for 20 percent of all international yacht sales as well as 50 percent of all U.S. domestic yacht sales and 80 percent of all yacht sales transactions in the state of Florida.