$59m industry
YACHTING remains one of the most crucial sectors of tourism in the country.
A new survey conducted by Australian firm AMSTEC Pty Ltd in partnership with Port Denarau Marina, Vuda Marina and Australian-funded Market Development Facility has shown the sector rakes in about $59 million annually.
According to the Yachting Economic Impact Study for Fiji, the country welcomed s many as 714 yachts bringing in 4330 crew members and guests.
The survey also highlighted that yachting was one of the highest yielding tourism segments as an average spend for each visitor was as much as $6584.
Superyachts visiting Fiji have also amassed an overall contribution of $7.8m, with each visit generating $167,000.
The impact of yachting on local communities has also been highlighting, with many yachties travelling to outer islands including Lau and Kadavu and spending money that goes to communities directly.
Port Denarau general manager Cynthia Rasch said the yachting industry played a vital role towards the growth of Fiji's economy.
"This study will indicate their measurable economic, employment, social and environmental contributions to the local communities," she said.
According to Adam Wade, the general manager for Vuda Marina, many people were unaware of the diverse nature of the yachting industry.
"There are numerous businesses that have been created organically to meet the needs of this vibrant and emerging community of adventurous travellers," he said.
Stakeholders from government agencies and the tourism sector were in Nadi yesterday to hear details of the survey.
A new survey conducted by Australian firm AMSTEC Pty Ltd in partnership with Port Denarau Marina, Vuda Marina and Australian-funded Market Development Facility has shown the sector rakes in about $59 million annually.
According to the Yachting Economic Impact Study for Fiji, the country welcomed s many as 714 yachts bringing in 4330 crew members and guests.
The survey also highlighted that yachting was one of the highest yielding tourism segments as an average spend for each visitor was as much as $6584.
Superyachts visiting Fiji have also amassed an overall contribution of $7.8m, with each visit generating $167,000.
The impact of yachting on local communities has also been highlighting, with many yachties travelling to outer islands including Lau and Kadavu and spending money that goes to communities directly.
Port Denarau general manager Cynthia Rasch said the yachting industry played a vital role towards the growth of Fiji's economy.
"This study will indicate their measurable economic, employment, social and environmental contributions to the local communities," she said.
According to Adam Wade, the general manager for Vuda Marina, many people were unaware of the diverse nature of the yachting industry.
"There are numerous businesses that have been created organically to meet the needs of this vibrant and emerging community of adventurous travellers," he said.
Stakeholders from government agencies and the tourism sector were in Nadi yesterday to hear details of the survey.