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The Gulf of Mexico Oil Disaster- A Case Study on the Projected Ec

The Gulf of Mexico Oil Disaster- A Case Study on the Projected Ec

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Te Gulf of Mexico oil disaster: A case study on theprojected economic impact on tourism among theGulf States of Louisiana, Mississippi, Alabama, andFlorida
Richard Andrew Robinson Jr.
University of Nevada, Las Vegas
Tis Professional Paper is brought to you for free and open access by Digital Scholarship@UNLV. It has been accepted for inclusion in UNLV Teses/Dissertations/Professional Papers/Capstones by an authorized administrator of Digital Scholarship@UNLV. For more information, please contactmarianne.buehler@unlv.edu.
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Robinson, Richard Andrew Jr., "Te Gulf of Mexico oil disaster: A case study on the projected economic impact on tourism among theGulf States of Louisiana, Mississippi, Alabama, and Florida" (2010).
UNLV Teses/Dissertations/Professional Papers/Capstones.
Paper566.hp://digitalscholarship.unlv.edu/thesesdissertations/566
 
 THE GULF OF MEXICO OIL DISASTER:A case study on the projected economic impact on tourism among the Gulf States of Louisiana,Mississippi, Alabama, and FloridaByRichard Andrew Robinson, Jr.Bachelor of ArtsFlorida International University1990A professional paper submitted in partial fulfillment of the requirements for theMaster of Hospitality AdministrationWilliam F. Harrah College of Hotel AdministrationGraduate CollegeUniversity of Nevada, Las VegasAugust 2010
 
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ABSTRACT
This case study found that from May through July 2010 most reports from Gulf area hospitalityproviders noted a significant drop in tourism revenue due to the BP oil spill. During this period,anecdotal accounts from business owners in the area described a sales decrease of 50% or morein some tourist spots. A University of Southern Mississippi study found that for that state alonenon-gaming hotels experienced a 50% drop in sales with a total factored direct/indirect shortfallof $119,400. A Moody’s report, released in July, calculated the economic damage to tourism forthat period to be $1.2 billion. Since the leak ended in mid-July, and not August as the reportpredicted, the actual prorated loss totals $900 million to the area tourism industry. The results of a Rasmussen Reports poll, released in July 2010, revealed that 66% of respondents stated thatthey would not change their future travel plans due to the spill. A follow-up study is required asat the time of writing a limited amount of economic impact data was available.THE GULF OF MEXICO OIL DISASTER:A case study on the projected economic impact on tourism among the Gulf States of Louisiana,Mississippi, Alabama, and FloridaByRichard Andrew Robinson, Jr.Dr. Gail Sammons, Committee ChairGraduate Program Director, ProfessorWilliam F. Harrah College of Hotel AdministrationUniversity of Nevada, Las Vegas

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