top of page
Writer's pictureCatalina Crew

World Cup 2026 and Summer Olympics 2028 will bring Influx of Unique & Lucrative Opportunities for Marina del Rey

Updated: Nov 9, 2024




The upcoming 2026 FIFA World Cup and 2028 Summer Olympics in Los Angeles present significant financial opportunities for Marina del Rey, both in terms of general tourism and, more specifically, for the super and mega yacht market. These high-profile events, paired with Marina del Rey's prime location and its world-class marina infrastructure,

could lead to an increase in demand for luxury yacht slips, anchorage, and associated services, further driving the area's economic growth.



Aerial drone Video of Marina del Rey


Economic Impact of the 2026 World Cup and 2028 Olympics on Marina del Rey


1. Tourism and Hospitality Growth


While Marina del Rey itself won’t host official events for the World Cup or Olympics, its proximity to Los Angeles’ major sports venues (such as SoFi Stadium, The Rose Bowl, LA Memorial Coliseum, and the LA28 Olympic Village) means the area will likely see a significant uptick in tourists, business travelers, and event-goers.


  • Hotel Bookings & Short-Term Rentals: Marina del Rey is already a popular location for tourists due to its scenic waterfront and upscale accommodations. Both the World Cup and the Olympics will bring an influx of visitors, and luxury hotels and vacation rentals in Marina del Rey (e.g., The Ritz-Carlton, Marina del Rey Hotel, Marriott MDR) will likely see high demand, increasing their revenue.


    • During the 2028 Olympics, some of the most affluent spectators and athletes could opt for waterfront accommodations in Marina del Rey, which may also increase rental prices for luxury properties.


  • Restaurants and Retail: Restaurants, cafes, and bars in Marina del Rey, many of which feature stunning waterfront views, will experience higher demand, especially during match days and Olympic events. Establishments will likely see increased foot traffic as tourists and event-goers seek places to dine or relax after attending matches or Olympic activities in LA.


  • Transportation and Local Services: There will be a rise in demand for local services such as shuttle services, rideshare options, and private chauffeurs to transport guests between Marina del Rey and event venues. Additionally, there may be special Olympic-themed events or World Cup viewing parties hosted at local venues, further boosting local business and tourism.


2. Real Estate


The Olympics and World Cup often lead to increased interest in real estate markets in host cities and their surrounding areas. For Marina del Rey, we can expect:


  • Increased Property Values: The influx of international tourists, athletes, and businesspeople attending the events can lead to a temporary rise in property values, especially for luxury homes, waterfront condos, and other high-demand residential properties. This can translate into increased demand for vacation homes and long-term rentals.


  • Investment in Infrastructure: The city of Los Angeles is expected to invest heavily in infrastructure upgrades to accommodate these events. New projects, such as improvements to local transit, roads, and public spaces, could enhance Marina del Rey’s appeal to both tourists and potential long-term residents, further driving economic activity in the area.


3. Marina del Rey's "For All" Campaign and its Impact


The new "Marina del Rey for All" campaign is a significant part of the community's initiative to make the area more inclusive, accessible, and welcoming to a broader audience. This campaign aims to attract not only affluent tourists but also families, locals, and people from diverse backgrounds.


Key Goals of the Campaign


  • Inclusivity and Accessibility: The campaign emphasizes creating an environment where everyone—from local residents to international visitors—can enjoy the amenities of Marina del Rey. This includes making the waterfront more accessible through better public spaces, improved transportation options, and family-friendly events.


  • Promotion of Public Events and Activities: The campaign will likely feature a series of community-oriented activities, such as free concerts, outdoor movie nights, family festivals, and public boating events. By making the marina accessible to all, the area will attract a broader demographic, potentially drawing more non-luxury visitors and creating a more vibrant, year-round economy.


  • Economic Diversification: While the luxury tourism market (including super yachts) will be a major driver of revenue, the campaign’s focus on inclusivity will help diversify Marina del Rey’s economy. Local businesses that cater to middle-income tourists, family vacationers, and young professionals will also benefit. This includes restaurants, cafes, recreational facilities, and even local retail shops.


  • Environmental and Community Engagement: As part of the campaign, there may also be an emphasis on sustainability and community stewardship, which could attract eco-conscious travelers. This could increase demand for eco-friendly activities, such as electric boat rentals or sustainable tourism experiences.


Financial Impact of “Marina del Rey for All”


  • Increased Local Spend: By opening up the area to a wider audience, Marina del Rey will see more diverse types of tourism, including a rise in visitors who may not necessarily arrive via super yachts but will still contribute to the economy through local spending in restaurants, shops, and recreational activities.


  • Public-Private Partnerships: The campaign may attract partnerships between local businesses and municipal organizations, leading to investments in infrastructure and events that benefit the entire community. This includes enhanced public transportation (e.g., shuttle services, water taxis) and public spaces that will improve the overall experience for all visitors, not just those arriving on luxury yachts.


Impact of Super/Mega Yacht Slips and Anchorage on the Events


1. Super and Mega Yachts: A Luxury Attraction


Marina del Rey is home to a number of luxury yachts, ranging from private vessels to chartered mega yachts. As the 2026 World Cup and 2028 Olympics approach, these major international events will likely draw wealthy visitors who own or charter super and mega yachts.

  • Demand for High-End Yacht Slips: Marina del Rey has one of the largest recreational harbors in the World but has minimal transient offerings of high-end boat slips, especially for super yachts (vessels over 100 feet) and mega yachts(vessels over 150 feet). The proximity to Los Angeles’ key sporting and cultural venues means that wealthy individuals attending the World Cup or the Olympics might opt to dock their yachts in Marina del Rey, taking advantage of the marina’s amenities while attending events.


  • Luxury Yacht Charters and Events: Some super and mega yachts are likely to serve as floating hospitality venues during both the Olympics and the World Cup. These yachts may host private parties, VIP events, corporate gatherings, and even luxury watch parties, creating a premium experience for high-net-worth individuals. Events like yacht parties, celebratory cruises, and onboard dining experiences are common during such global sporting events.


    • Yacht owners may also charter their vessels out during the events, especially those with high-profile visitors or sponsors, further driving up the value of premium yacht slips.


2. Economic Contributions of Yacht Slips and Anchorage


The availability of super yacht slips and anchorage services is an economic asset for Marina del Rey, particularly during high-profile events. Here’s how yacht-related services contribute to the local economy during major global events like the World Cup and Olympics:


  • Increased Docking Fees: Super and mega yachts generally require more specialized and expensive docking services due to their size and unique requirements. Marina del Rey, as one of the top marina facilities on the West Coast, could see a significant increase in docking fees during these events. Fees for premium slips can range from thousands to tens of thousands of dollars per day, depending on the vessel size and duration of stay.


    • Some yacht owners may book slips for the duration of the event, which can result in a substantial financial windfall for Marina del Rey's marinas and marina management companies. This boost is especially likely if the marina is able to offer VIP services like concierge, private security, and dedicated parking.


  • Increased Revenue from Ancillary Services: Super and mega yacht owners and their guests often require a range of luxury services, including:

    • Fueling and maintenance services

    • Private chefs and event staff for onboard catering

    • Helicopter transportation or private jets for travel to and from event venues

    • Boat tenders for local excursions and VIP tours around Los Angeles or to other coastal areas

    All of these services contribute to the local economy by generating revenue for local businesses.


  • Luxury Yacht Events and Sponsorships: Super and mega yachts might also serve as venues for sponsorship activation during major events. High-end brands might charter yachts for product launches, VIP experiences, or as floating hospitality suites for exclusive clients. This creates additional marketing, sponsorship, and partnership revenue in the Marina del Rey area, benefiting event organizers and local service providers.


  • Tourism and Waterfront Events: The presence of super yachts in the harbor can also create a tourist attraction of its own, as people often enjoy viewing large yachts while strolling the Marina del Rey waterfront. Special events such as Marina del Rey International Boat Show with yacht parades and yacht tours organized during the events could draw in additional crowds, bringing more revenue to the area’s shops, restaurants, and entertainment venues.


3. Long-Term Impact on Marina del Rey’s Reputation


Hosting high-profile mega yachts during events like the Olympics and World Cup could enhance Marina del Rey's international reputation as a premium destination for luxury yachting. This could lead to:

  • An increase in global yacht tourism in the long term.

  • Increased investment in the development of more super yacht-friendly amenities and infrastructure, such as longer or deeper slips, private yacht clubs, and specialized concierge services.

  • Growth in related maritime industries, such as luxury yacht brokerage, marine technology, and marine hospitality services.


Conclusion: The Financial and Economic Ripple Effects


The 2026 FIFA World Cup and 2028 Olympics will have significant financial implications for Marina del Rey, especially in terms of tourism, hospitality, and local businesses for years to come. However, the super and mega yacht market represents a particularly lucrative opportunity.


  • Docking Fees and yacht-related services could bring in millions of dollars to the local economy especially if high-net-worth individuals and corporate sponsors choose Marina del Rey as their base of operations during these high-profile events.

  • Beyond direct financial gains, the events are likely to elevate Marina del Rey’s reputation as a premier luxury yachting destination, attracting more international yachts and investment in the years to come.


  • These opportunities could make Marina del Rey a jugernate in the marine space and help to contribute to its infrastructure with an economic trickle down to truly make "Marina del Rey For All."







203 views0 comments

Commenti


bottom of page