NEWPORT BEACH — The Great Recession may have technically set sail in June 2009, but many of the prospective buyers at the Lido Yacht Expo that began Thursday didn't need the somewhat surprising news to weigh their next luxury purchase.
Welcome to the world where some people can stay above the fray.
"We're dealing with people that often aren't affected by such things," said Duncan McIntosh, who runs the high-end boat show and owns sailing publications.
Others just come to window shop.
At the 32nd annual expo, exhibitors said in recent years the show has been more about technology than sheer size.
"Innovation is the key to stemming the tide," said President Peter Van Lancker, of Rhode Island-based Hunt Yachts. His company's simplistic V-hull design and classic-looking deck is a big draw on the East Coast.
"Our boats are for the pinnacle, the top of the pyramid," Van Lancker said. "The shakers and movers of industry."