Wednesday, October 20, 2010

Gulf Tourism Rebounds after BP (NYSE:BP) Oil Spill

Contrary to some presumptive media reports, many areas in the Gulf region didn't suffer a tourism disaster as a result of the Gulf of Mexico oil spill, in some cases because of marketing money provided by BP (NYSE:BP), as in Florida, tourism was up.

One of the major attractions in the region, New Orleans, said they had their best year since Katrina.

When asked about areas in Florida, reports the St. Petersburg Times said a number of respondents believed the beaches were still stained by oil, when in many cases no oil came anywhere near them.

The conclusion by some was they would probably go somewhere else for their next vacation. But April and June, across the overall state, Florida tourism was up by 3.4 percent.

There will always be mixed responses like this concerning disasters, but the reality is many areas are doing very well, no matter what responses are, and it remains to be seen if people even think much about BP and oil when making vacation plans next year.

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