The economic value of flower tourism in the Namaqua National Park, South Africa
Journal Article
2007
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South African Journal of Economic and Management Sciences
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University of Cape Town
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Abstract
The travel cost method was used to estimate the economic recreational value of flower viewing at the Namaqua National Park. Demographic, time, expenditure, preference and route information was collected from interviews with 160 SA nationals who visited the park in their own car. Visitors spent an average of $US108 on transportation and $US84 on accommodation in the region. A zonal travel cost model was developed which suggests that the economic recreational value of flower viewing at the park makes to the region is far larger than the annual net loss of $US50 000 which the park makes when only the expenses and revenue of the park are considered.
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Reference:
James, I., Hoffman, T., Munro, A., O'Farell, P., & Smart, R. (2014). The economic value of flower tourism at the Namaqua National Park, South Africa. South African Journal of Economic and Management Sciences, 10(4), 442-456.