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The
1st Annual Virginia Beach Red, White, and Blue Fishing
Tournament was the first of its kind in Virginia Beach and
brought together hundreds of participants and their friends and
family to Virginia Beach, Virginia. The first tournament (June
26-27) was a ladies only tournament benefiting two foundations:
the
Buff Foundation
established in 1998 to further awareness about breast cancer,
and
Sertoma By the Bay,
a local charitable organization founded in 1997. The "ladies
only" tournament was followed by the larger Red, White, and Blue
Tournament from June 28th through July 3rd.
Survey studies of fishing tournaments and
their participants provide vital data to researchers. First,
researching the social and demographic characteristics of
tournament participants leads to a better understanding of the
tournament clientele and provides information that will help
organizers to better market the tournament and attract
additional participants in the future. Second, they provide
participants with an opportunity to evaluate and give feedback
on the tournament. Third, they provide the basic foundation for
posing various "what if" scenarios for future tournaments.
Finally, since tournaments can provide opportunities for
community and state economic development and demonstrate how
fishing tournaments can have positive effects on the local
economy, tournament studies allow researchers to better
understand the extent of this impact.
All questions included in the survey
were pretested in previous tournament studies (Ditton
et. al 1999) and agreed upon by
the Virginia Beach Department of Convention and Visitor
Development and the tournament staff. This study is funded by
the city of Virginia Beach. The objectives of this study are 1)
To profile the population of anglers participating in both the
Buff Foundation / Sertoma By the Bay Billfish Tournament and the
Virginia Beach Red, White, and Blue Tournament through their
social and demographic characteristics, level of fishing
participation and involvement, tournament fishing motivations,
attitudes towards catching fish, expenditure levels, and
satisfaction with the two tournaments; 2) To determine the
economic impact of both tournaments on the city of Virginia
Beach as well as the state of Virginia. This will include
extrapolating weighted sample angler tournament expenditures of
participants and nonrespondents to known numbers of anglers; and
3) To test for statistically significant (P<0.05) group
differences between the two tournaments on relevant survey
variables.
Executive Summary
We mailed questionnaires to all
participants in two new offshore fishing tournaments held
between June 26th and July 3rd in Virginia Beach, VA in an
effort to learn more about the angler market attracted to the
events. Specifically, the purpose of the survey was to provide
tournament planners with feedback on participants’ demographic
characteristics, overall level of fishing participation and
involvement, tournament experience preferences,
tournament-related expenditures, and satisfaction with the two
events. The city of Virginia Beach was also interested in the
level of angler expenditures associated with the Red, White, and
Blue event and resultant economic impacts. There were 251
anglers registered for the Virginia Beach Red, White, and Blue (RWB)
Tournament and 44 anglers registered for the Buff Foundation /
Sertoma by the Bay Billfish (BFSBB) Tournament, with complete
mailing information for 219 and 44 anglers, respectively. In
the former event, 102 usable surveys were returned with 5
reported as non-deliverable for an effective response rate of
50.9%. In the latter event, 20 usable surveys were returned
with 4 non-deliverables for an effective response rate of
62.5%. A telephone check of anglers participating in the Red,
White, and Blue Tournament indicated there were no differences
between respondents and non-respondents in terms of their
overall tournament expenditures. Because of the small number of
participants in the Buff Foundation / Sertoma by the Bay
Billfish Tournament due to bad weather, resultant sample size
was too small to test for significant differences between these
anglers and Red, White, and Blue tournament anglers. Only
results for the Virginia Red, White, and Blue Tournament will be
summarized below.
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Red, White, and Blue
anglers averaged 45 years of age with 60.8% of the
participants coming from the local Virginia Beach area
and 19.6% coming from elsewhere in Virginia. |
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RWB participants spent an
average of 50 days fishing “since the same time last
year,” with 75.5% of these tournament anglers reporting
that fishing was their most important outdoor recreation
activity. |
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Marlin and tuna were
listed by RWB anglers as their most preferred fish
species to catch in saltwater. |
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Eighty-four percent
(84.2%) of RWB anglers indicated that either they or
someone else in their household owned a powerboat. The
average powerboat length of RWB anglers was 32.5 feet.
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RWB anglers participated
in an average of 3 saltwater tournaments in the past
year (including this tournament). |
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Overall satisfaction with
the 2000 Red, White, and Blue Tournament was generally
favorable with 54.1% of RWB anglers reporting they were
either very or extremely satisfied with their tournament
and 39.8% reporting they were at least moderately
satisfied with this first-time tournament. |
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Average
tournament-related expenditures (excluding registration
fees) made by RWB survey respondents were extrapolated
to all RWB registrants of the 2000 RWB Tournament
($450,359). Of this total amount, $223,759 was spent by
local residents of Virginia Beach. |
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Non-local Virginia
residents spent $109,113 inVirginia Beach. Out-of-state
participants of the 2000 Red, White, and Blue Tournament
spent $96,042 in Virginia Beach. |
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2000 RWB fees were not
included in the economic impact assessment because this
would have required a detailed understanding of exactly
where this money was spent by tournament officials.
Thus, estimates of tournament anglers are conservative. |
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The greatest expenditures
made by RWB participants were in the categories of gas
and oil for their boat (26.5%) and the “other” category
(miscellaneous retail and service items) (10.1%).
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Total expenditures by
local,non-local, and out-of-state residents in Virginia
Beach and elsewhere in Virginia participating in the
Red, White, and Blue Tournament ($450,359) resulted in a
total economic impact of $343,000, a total income of
$177,000, and a total of 7 new jobs. This is the case
because not all of what is spent locally or in the state
of Virginia remains in the respective economies. |
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The indirect economic
impacts generated by the direct economic impacts of RWB
anglers were $112,000 in total output, $66,000 in
total income, and 1 new job. |
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The induced economic
impacts generated by the direct economic impacts of RWB
anglers totalled $404,000 in output, $228,000 in
generated income, and 7 new jobs. |
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The total economic
impacts of RWB Tournament angler expenditures including
direct, indirect, and induced impacts resulted in a
total output of $859,000, $471,000 in total income, and
15 new jobs. |
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