Bermuda's balancing act: The economic dependence of cruise and air tourism on healthy coral reefs

Bermuda's balancing act: The economic dependence of cruise and air tourism on healthy coral reefs

Primary Country: United Kingdom
Ecosystem: coral reef
Sample Value Estimates:
(a) US$406 million as average annual benefit coral reef value provides to tourism in Bermuda (b) US$197 million as aggregrated reef related tourism value per yr air visitors (c) US$209 million as agg. reef realated tourism value per yr cruise visitors Of importance is the realization that the “pristine” quality of Bermuda's coral reefs is a key component of the tourism industry, determined to be of high impact to the estimated US$ 7.4 million directly generated from reef-associated tour operator revenue, and based on the high “Reef Importance” attributed by tourists to coral reefs themselves in comparison to other marine assets such as fish sightings, sharks, wrecks.
Methodology: Producer surplus, Travel Cost Method, Willingness to Pay
Region: Americas and Europe / Caribbean

Publication information

van Beukering, P. S. Sarkis L. van der PuttenE. Papyrakis “Bermuda's balancing act: The economic dependence of cruise and air tourism on healthy coral reefs” Ecosystem Services 11: 76-86, 2015

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