Tuesday, June 27, 2023

Help Us Fight Rising U.S. Insurance Rates by Joining the DIVE BOAT Act Social Media Campaign

 


DEMA continues to work with Members of the U.S. Congress and their staff to provide business operators with much-needed insurance premium relief, BUT WE NEED YOUR HELP in generating awareness and support for The DIVE BOAT Act.

We have created a series of social media campaign images and messages and ask that you share them with your social media followers, asking for their support of The DIVE BOAT Act.

Please download the materials and share start sharing them today!

ACCESS CAMPAIGN MATERIALS

DEMA Show 2023 Registration is Open!

 

** DEMA Members, Register by October 16th to Save with Early Bird Rates **

The entire global diving community is coming together this November for Big Opportunities in the Big Easy at DEMA Show, the Dive Industry’s only trade-exclusive event. Taking place November 14-17 in the Halls H-J of the New Orleans Ernest N. Morial Convention Center in New Orleans, LA, qualified dive industry professionals will discover newly released products, grow with countless professional development opportunities, establish and nurture professional relationships, collaborate with industry colleagues and business experts, and celebrate our industry. Attendee registration for DEMA Show 2023 is now open— REGISTER NOW TO SAVE!

To register, visit the official DEMA Show website. While there, visitors can review exhibitor listings and booth locations using the interactive floorplan, book a room in the Official DEMA Show Hotel Block, and find information about Show features like Show Specials, Exhibitor-Sponsored Seminars and DEMA-Sponsored Education ( both coming soon).

Attendees can choose from three different packages when registering: 

  1. Education Package
  2. Exhibits-Only Package
  3. Friday-Only Immersion Pass.

Each package varies in price and opportunities. You can view complete details on each by visiting DEMAShow.com. Current DEMA Members can save up to $125 on their DEMA Show Education Package over the non-member rate when registering on or before the early registration deadline of October 16, 2023.

ACT NOW AND REGISTER TODAY! Visit DEMAShow.com for the latest details on DEMA Show education opportunities, Show-related activities, and other information as the Show approaches.


To have DEMA Show news delivered directly to your email, subscribe to the email list for important Show news, announcements, opportunities, and updates.

Tuesday, June 13, 2023

Diving Equipment Manufacturing Purchase Index (MPI) Data Now Available


Working with DEMA’s Manufacturing Committee and several Member Manufacturers during the last two years, DEMA has developed a new manufacturing report that includes New Orders and Inventories in key diving equipment Categories. Data from the first Manufacturing Purchase Index (MPI) report, covering quarter 1 (Q1) of 2023 and comparing it to Q1 2022 and Q4 2022 is now available for download or purchase.

“This data is helpful to the entire diving industry, and those participating in this inaugural report period should be congratulated,” said Tom Ingram, DEMA President and CEO.  “The data is critical to manufacturers who have been without any valid order or inventory data since 2019 and is helpful to every sector of the diving industry, including training organizations, retailers, travel providers and consultants.” Ingram went on to say that “all members of the diving industry benefit because data from the MPI can be utilized by DEMA to help change or prevent the passage of proposed legislation that is detrimental to the Industry.” 

DEMA’s MPI is unique in that it captures aggregate trend data for New Orders and for Inventory in stock on a quarterly basis.  Participating manufacturers report to an independent third-party administrator (TPA) to ensure their data remains confidential and secure. Reporting consists of companies comparing their data points in the current reporting period to those in the previous quarter, as well as to the same quarter during the previous year.  

  • New Orders: Reflects the levels of new orders received from customers.
  • Inventories: Reflects the changes in inventory levels in stock at the time of the report.

Data is aggregated for all participating companies by the TPA and made available for review. No individual company data is reported. The reported data combines domestic (US) with international information.

For both New Orders and Inventory, the trend data in the available MPI report is read as a percentage from 0 to 100: 

  • An MPI reading equaling 50 percent indicates no change
  • An MPI reading of less than 50 percent indicates a contraction.
  • An MPI greater than 50 percent indicates an expansion of new orders or inventories, as compared with the previous quarter or previous year.

The further from 50 percent (in either direction) the greater the level of change (trend) has occurred during the reporting period. 

Aggregated data is available on both Equipment Type and Category. The Category definitions can be found within the report and include Soft Goods, Exposure Protection, Hard Goods and Accessories and Bags.  Each Category is further defined within the reports as Equipment Types, and include regulators, BCs, fins, masks, snorkels, wetsuits, drysuits, and more.

Reporting companies receive the aggregated data from the TPA that includes all the detailed Equipment Types in the Categories in which they report. These companies also earn seniority space selection points connected to DEMA Show, enabling them to select exhibit space at the Show before other, non-participating companies.  All DEMA Member Manufacturers selling equipment included in the study are eligible to participate.

DEMA Members can download the broad Category reports at no cost, and non-members can pay a non-member rate for this data.  DEMA Members also have access to more detailed Equipment Type data at member rates, while others can purchase this data at non-member rates. Both the Category and Equipment Type reports are available in the DEMA Store.

DEMA is excited to again make valid manufacturing data available for the Industry! For more information, see the MPI reports for Q1 2023.

Interested in participating? Apply to be part of the MPI here.

Tuesday, June 6, 2023

Fighting to Ease Insurance Rates: WE NEED YOUR HELP & INPUT!

DEMA continues to work with Members of Congress and their staff to provide business operators with much needed insurance premium relief, BUT WE NEED YOUR HELP. 

As first reported last year, new and expanded liability requirements included in the Small Passenger Vessel Act (SPVA) are resulting in dramatic insurance spikes for operators around the country. The SPVA was touted as legislation to prevent future liveaboard tragedies. Instead, the final law did not include any safety provisions and instead, only expanded liability requirements for a subset of small passenger vessel operators. Sport fishing and cruise lines were exempted, and we understand day-boat operators and stores that charter boats or arrange boat travel are getting hit with significant insurance increases as well.

Considering feedback from our membership, DEMA engaged with insurance actuaries to develop compromise language for the SPVA. DEMA is working with leaders in both political parties to include the fix in “must pass” legislation. 

BUT WE NEED YOUR INPUT TO HELP FIGHT THIS! Please continue to share your own stories with us as you renew your insurance. We need to share this impact now so that we can leverage this information to help Congress understand the real-world impacts of their policy decisions on diving businesses in Washington, DC. If we do not share our stories, Congress will assume there is no impact in their local communities.

👉 Please share your business stories here. Your experience will be shared with policymakers and will help DEMA make a difference!
 

Wednesday, May 17, 2023

The Official Hotel Block for DEMA Show 2023 is Now Open

 **Block Offers Exclusive Savings and Benefits for DEMA Show Attendees & Exhibitors**

The DEMA Show Hotel Block is officially open! To help dive industry professionals keep their planning efforts on track for this year’s annual trade-only event for the Diving Industry, DEMA has contracted with five hotels convenient to the Ernest N. Morial Convention Center. By booking in DEMA’s hotel block the entire industry saves, as DEMA is able to use the occupation data to better negotiate convention center rates, nearby hotel block rates and transportation in any city, to everyone’s benefit. Start your planning for the Show, taking place November 14-17 in New Orleans, LA, by booking your room reservation in the DEMA Show Hotel Block, featuring exclusive exhibitor and attendee rates and benefits.


DEMA Show will feature the New Orleans Marriot as this year’s Host Hotel. The New Orleans Marriot is conveniently located within walking distance of Ernest N. Morial Convention Center – home to DEMA Show 2023. Those booking in DEMA’s block at the New Orleans Marriot will receive the special rates of $249 per night (single/double rooms)* at the New Orleans Marriot.

Other specially-priced DEMA Show hotel block rooms will also be available at:

  • New Orleans Downtown Marriot at the Convention Center for $259/night (single/double)*
  • Renaissance New Orleans Arts Hotel for $249/night (single/double)*
  • Courtyard New Orleans Downtown/Convention Center for $225/night (single/double)*
  • SpringHill Suites New Orleans Downtown for $237/night (single/double)*

*Plus applicable state and local taxes and fees. Additional information available here.

Those staying at any of the five hotels in the official hotel block will be entered into daily drawings on-site for a chance to win prizes including:

  • The Full DEMA Show 2024 Package:
    • Two full conference passes
    • Hotel accommodations for a four-night stay in the DEMA Show 2024 Host hotel in Las Vegas (one room)
  • Other prizes may include:
    • An all-inclusive dive trip for two
    • Visa gift cards
    • New Orleans-themed gift baskets
    • DEMA merchandise
    • New Orleans restaurants gift cards
    • Two complimentary conference passes to DEMA Show 2023
    • New Orleans experiences (local tours, shows, and more!)

  • And much more—be sure to check back as the list of confirmed prizes is updated!

Shuttle service will be provided between select DEMA hotel block hotels and Halls G & F at the Shuttle Depot of the Ernest N. Morial Convention Center from Tuesday, November 14th to Friday, November 17th for those staying in the Official DEMA Show housing block. If you need to arrange wheelchair-accessible transportation, please call (318) 208-4841 at least 60 minutes prior to pick-up. The shuttle schedule can be viewed here.

Reserve by Monday, October 16 to secure accommodations in the Official DEMA Show Hotel block (based on availability). Please advise that there are other shows staging in New Orleans during the dates of DEMA Show 2023. Hotel accommodations will be limited. Be sure to book EARLY to ensure you get a room and the best rates

DEMA Show registration is expected to open in early July. Be sure to subscribe to our weekly email newsletter, DEMAIL, to catch the announcement!

Tuesday, April 18, 2023

Tell Us About Your Experiences: Insurance Premium Surges

 

Your personal stories can help amend the new insurance liability provisions we first flagged last year.

DEMA is working with Congress to make sure they understand how their policy decisions impact your business, and Congress is starting to listen! 

We will share more about the productive conversations we are starting to have with policymakers in the weeks and months to come. In the meantime, it’s important that we continue to hear from you about how the new retroactive liability insurance requirements are impacting your business. 

Please share your personal stories via the form below, so your experiences can be shared with policymakers.

 

DEMA Publishes Most Recent Dive Consumer Survey Data

 ** Reports Help Members Understand Current Customer Behaviors and Activities **

In late 2022, DEMA launched the Diver Online Survey with the goal of updating diver behavioral and activity information of divers everywhere. DEMA and industry professionals asked diving customers both within the U.S. and internationally to participate.

More than 12,000 consumers responded to this survey, with about 6% coming from Canada, 56% from the U.S., and the remainder from countries across the globe.  The survey requests diving activity information from respondents through 2022 and is the first comprehensive diver behavioral survey following the COVID-19 pandemic. The survey specifically probed information about diving consumer behaviors and activities to help the diving industry understand more about these aspects of the recreational diver market. 

Two data sets are available on DEMA.org: 

  1. An “All Countries” data set which includes 12,000 responses from divers who reside in many different countries around the world.
  2. A data set that includes responses from divers residing in the U.S. only. 

DEMA extends its thanks to the DEMA-Member companies who helped obtain participation by their customers in order to obtain this important information.  With an estimated 5 - 6 million active scuba divers worldwide, the large sample size is helpful in obtaining the clearest picture possible for the state of the market.

The reports are available free to all DEMA Members, and can be purchased by non-members for $119.00 each. Members can obtain their free report by logging into their account on DEMA.org and downloading the report found under the "Market Research & Insights" section of their DEMA Member Dashboard. Non-members can purchase their report for download here.