Economic Impact of International Yachting in Fiji
By AMSTEC
This is a Fiji yachting industry report prepared by AMSTEC Pty limited (AMSTEC), with the assistance of Denarau and Vuda Marinas, and supported by the Market Development Facility (MDF). MDF was implemented by Cardno during Phase I (2011-2017) and Palladium and Swisscontact in Phase II (2017-2022). It may only be used and relied on by MDF and Partners for the purpose agreed in the terms of reference and as set out in this report. Surveys were conducted between 24 September and 20 October 2018 with additional yacht and superyacht data supplied by Denarau Marina and Fiji Revenue Customs Service (FRCS) in November 2018.
AMSTEC and specialist sub-consultants were responsible for the fieldwork surveys, training of MDF fieldwork staff, research and analysis, preparation of this report and the validation workshops. AMSTEC project lead was Adrian Sammons. Specialist sub-consultants were Rory Garland (design & analysis of surveys/market assessment), and Leo Drynan (economic impact analysis).
Published Report
The findings of the report reveal that the yachting and the related support industries contribute a total of FJ$60.6 million to the Fijian economy each year. It is also one of the highest yielding tourism segments with an average spending of F$7,808 per person. Although yachting arrival numbers are modest in comparison to cruise tourism, the 4,473 yachties that arrived in 2018 spent a total of F$34.9m on fuel, maintenance, dockage, food provisioning, restaurants and a range of other tourism activities. Economic benefits through yachting have also spread to remote communities that yachties travel to during their stay in Fiji.
