Whale shark economics: a valuation of wildlife tourism in South Ari Atoll, Maldives

Handle URI:
http://hdl.handle.net/10754/334612
Title:
Whale shark economics: a valuation of wildlife tourism in South Ari Atoll, Maldives
Authors:
Cagua, Edgar F. ( 0000-0001-5867-3687 ) ; Collins, Neal; Hancock, James; Rees, Richard
Abstract:
Whale sharks attract large numbers of tourists, divers and snorkelers each year to South Ari Atoll in the Republic of Maldives. Yet without information regarding the use and economic extent of the attraction, it is difficult to prioritize conservation or implement effective management plans. We used empirical recreational data and generalized mixed statistical models to conduct the first economic valuation (with direct spend as the primary proxy) of whale shark tourism in Maldives. We estimated that direct expenditures for whale shark focused tourism in the South Ari Marine Protected Area for 2012 and 2013 accounted for US$7.6 and $9.4 million respectively. These expenditures are based on an estimate of 72,000-78,000 tourists who are involved in whale shark excursions annually. That substantial amount of income to resort owners and operators, and tourism businesses in a relatively small area highlights the need to implement regulations and management that safeguard the sustainability of the industry through ensuring guest satisfaction and whale shark conservation. © 2014 Cagua et al.
KAUST Department:
Red Sea Research Center (RSRC)
Citation:
Cagua EF, Collins N, Hancock J, Rees R (2014) Whale shark economics: a valuation of wildlife tourism in South Ari Atoll, Maldives. PeerJ 2: e515. doi:10.7717/peerj.515.
Publisher:
PeerJ
Journal:
PeerJ
Issue Date:
12-Aug-2014
DOI:
10.7717/peerj.515
PubMed ID:
25165629
PubMed Central ID:
PMC4137667
Type:
Article
ISSN:
2167-8359
Appears in Collections:
Articles; Red Sea Research Center (RSRC)

Full metadata record

DC FieldValue Language
dc.contributor.authorCagua, Edgar F.en
dc.contributor.authorCollins, Nealen
dc.contributor.authorHancock, Jamesen
dc.contributor.authorRees, Richarden
dc.date.accessioned2014-11-11T14:32:01Z-
dc.date.available2014-11-11T14:32:01Z-
dc.date.issued2014-08-12en
dc.identifier.citationCagua EF, Collins N, Hancock J, Rees R (2014) Whale shark economics: a valuation of wildlife tourism in South Ari Atoll, Maldives. PeerJ 2: e515. doi:10.7717/peerj.515.en
dc.identifier.issn2167-8359en
dc.identifier.pmid25165629en
dc.identifier.doi10.7717/peerj.515en
dc.identifier.urihttp://hdl.handle.net/10754/334612en
dc.description.abstractWhale sharks attract large numbers of tourists, divers and snorkelers each year to South Ari Atoll in the Republic of Maldives. Yet without information regarding the use and economic extent of the attraction, it is difficult to prioritize conservation or implement effective management plans. We used empirical recreational data and generalized mixed statistical models to conduct the first economic valuation (with direct spend as the primary proxy) of whale shark tourism in Maldives. We estimated that direct expenditures for whale shark focused tourism in the South Ari Marine Protected Area for 2012 and 2013 accounted for US$7.6 and $9.4 million respectively. These expenditures are based on an estimate of 72,000-78,000 tourists who are involved in whale shark excursions annually. That substantial amount of income to resort owners and operators, and tourism businesses in a relatively small area highlights the need to implement regulations and management that safeguard the sustainability of the industry through ensuring guest satisfaction and whale shark conservation. © 2014 Cagua et al.en
dc.language.isoenen
dc.publisherPeerJen
dc.rightsThis is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, reproduction and adaptation in any medium and for any purpose provided that it is properly attributed. For attribution, the original author(s), title, publication source (PeerJ) and either DOI or URL of the article must be cited.en
dc.rightsArchived with thanks to PeerJen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.titleWhale shark economics: a valuation of wildlife tourism in South Ari Atoll, Maldivesen
dc.typeArticleen
dc.contributor.departmentRed Sea Research Center (RSRC)en
dc.identifier.journalPeerJen
dc.identifier.pmcidPMC4137667en
dc.eprint.versionPublisher's Version/PDFen
dc.contributor.institutionMaldives Whale Shark Research Programmeen
dc.contributor.institutionInternational Union for the Conservation of Natureen
dc.contributor.affiliationKing Abdullah University of Science and Technology (KAUST)en
kaust.authorCagua, Edgar F.en

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