MIAMI BEACH, Fla. — If display space sales are anything to go by, this year's Yacht and Brokerage Show, which is held in conjunction with the Miami International Boat Show February 11-17, will be booming. According to a press release from Quinn Public relations, the more than 1.2-square million feet of exhibit space for the Yacht and Brokerage event is already sold out, and there are more than 50 yachts on the waiting list in the event of cancellations.

The sold-out show is a good sign for the yacht industry, which felt has felt the pinch of tighter economic times in recent years. It's also good news for potential yacht buyers, who will have the opportunity to tour a wide array of yachts during the show.

"Right now big ticket items, including large luxury yachts, are in strong demand and selling," said Andrew Doole, vice president of Yachting Promotions, Inc., in the release. "The strengthening economy and positive economic outlook is certainly helping to fuel the growth in the luxury yacht sector."

More than 500 yachts and superyachts ( 80' and longer), express cruisers, sportfishing boats, family cruisers and ocean-going trawlers will be on display at the famed Indian Creek Waterway, home of the Yacht and Brokerage Show. Yacht prices will range in price from $250,000 to more than $20 million.

The event is free to the public. Hours are 10 a.m. to 7 p.m. daily.

The Yacht & Brokerage Show is sponsored by KeyBank USA and INAMAR Recreational Marine Insurance. The show is owned and sponsored by the Florida Yacht Brokers Association and Yachting Promotions, Inc.