1 the economics of coastal economies: a recreational diving perspective bob holston june 6, 2007

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1 The Economics of Coastal Economies A Recreational Diving Perspective Bob Holston June 6, 2007

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3 Economic Value Annual visitor expenditures estimated in excess of $318 million for the period of June 2000 – May Florida State Department of Commerce has estimated the the SCUBA industry generates over $1 billion dollars of revenue in the state including all travel related expenses

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Page 1: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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The Economics of Coastal Economies:A Recreational Diving Perspective

Bob HolstonJune 6, 2007

Page 2: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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Presentation Overview Contribution to our local, natural

resources based economy Value of Coral Reefs and Artificial

Reefs Eco-Tourism in the future Getting the message out Problems facing coastal

communities

Page 3: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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Economic Value Annual visitor expenditures estimated

in excess of $318 million for the period of June 2000 – May 2001.

Florida State Department of Commerce has estimated the the SCUBA industry generates over $1 billion dollars of revenue in the state including all travel related expenses

Page 4: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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The Scuba Industry & Science

KADO & MOTE Marine partner in programs to protect the reefs.

Our members are involved in organizations dedicated to to protecting

the environment and encouraging

Sustainable Tourism

Page 5: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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Eco-Tourism POTENTIAL PROFITS PROBLEMS

Page 6: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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Real Life Challenges Coastal communities face growing

problems. It is estimated the approx. 60% of our population live with in 60 miles of the coast.

The loss of working waterfront due to development has the potential to severely change the economic make up of the community.

Page 7: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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What This Means Challenges and problems require

that we view the future differently than we have in the past.

Page 8: 1 The Economics of Coastal Economies: A Recreational Diving Perspective Bob Holston June 6, 2007

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Next Steps Public involvement Action Strategies Commitment