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Flats Fishing Worth Millions to Bahamian Economy

Key Largo, FL April 5, 2010 A recently released study examining the economic impact of flats fishing in The Bahamas, commissioned by the Bahamian Flats Fishing Alliance (BFFA), revealed that the total economic impact of flats fishing in this region is worth nearly $141 million annually. This represents a huge portion of the economy for the many regions of The Bahamas, emphasizing the need for responsible conservation and management of this valuable resource.

The Bahamas is known as one of the world’s premier flats fishing destinations. Anglers travel from around the globe to hunt the crystal clear shallows of The Bahamas seeking the elusive bonefish, known as the “Grey Ghost of the Flats.” Even in a time when global recession has caused fishing related tourism to drop 11.6% from 2008, the fishery continues to provide considerable economic value to this region.

Expenditures by anglers were not just for guides and accommodations, but also for meals, transportation, and other goods and services that benefitted the economies of the many islands of The Bahamas. Anglers spent approximately 27% more than general visitors per visit, further emphasizing the importance of recreational flats anglers to the economy of The Bahamas. The islands with the greatest economic benefit from flats fishing were Andros and Aba Read More