Whats the surf worth? Ask the crowds…

Coolangatta, Queensland, Australia.(Sunday, January 24, 2016): It was looking very good this morning with a clean and straight swell  from the East courtesy of Cyclone Victor. The surf was  in the 3ft up to 5ft range on the sets with light SSW winds early. They're forecast to go SSE, then unfortunately ESE later. High tide is at 8.15am with low at 2.30pm. The points were firing early with the E swell, but it was a bit straight for the beachies. Photo: joliphotos.com

We know surf is worth a billion in stoke. But how much is it worth in dollars? Take a look at the recent run of Gold Coast surf… And note, we can be millionaires when we count our blessings….we don’t have packs like this on our worse days.

Photo: Superbank earlier this year © Joliphotos.com

Surf News Network, 4 March, 2016 – The recent run of surf on the Gold Coast has sent thousands into the lineup to take advantage of all-time summer conditions courtesy of a string of cyclones. Surfers come. And when they do they surf, eat at restaurants, fill their tanks, pay parking tickets, and of course smash their boards – all activities that cost money.

A recent tally puts the money surfers spent recently on the Goldie at up to $40million.

According to the Gold Coast Bulletin, former Griffith University researcher Dr Lazarow said local surf spots are worth a combined $233 million annually, but that during this recent spell about 75,000 local and visiting surfers hit the water. On average they forked out between $25 and $40 respectively for each surf.

Further estimates put the locals’ spending at $14 million in eight weeks while visitors forked out an estimated $4.8 million during a run of great surf from cyclone activity. The other roughly $20 million comes from the area surf industry he said.

A local ding repair shop said business was up 40 percent while DHD Surfboards said sales on boards were up 20-30 percent. One local surf shop said hardware like legropes and fins were marching off the shelves.

Dr Lazarow surveyed 400 surfers for his study.

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