Page 70 - Clackamas County Watertourism Strategic Plan. Final.v3
P. 70

STRATEGIC PLAN FOR WATER-BASED TOURISM IN CLACKAMAS COUNTY, OREGON                                                                                   THE PEOPLE
                                                                                                                                                                                                  4-28

                                                                                                                                 Estimating the total number of trips at a cost to the
                 Table 4-25 Estimated Market Demand for and Revenues from Willamette Falls Locks
                                                                                                                                 participant is more complicated.  The respondent was
                          WTP            Respondent       Market       Market      Average        Estimated        Estimated
                                             trips    Representation     Size     Party Size     Demand for         Revenue      allowed to enter the number of trips for each of the price
                                                                                                   Lockage                       categories.  It is assumed that a person willing to pay $20 for
                           $0               1006           47%         166,668      2.70           29,155          $               -   a trip is also willing to pay $5 for the same trip, but a person
                           $5                542           25%         166,668      2.70           15,708         $      78,538   willing to pay $5 per trip is not willing to pay any more.
                          $10                305           14%         166,668      2.70            8,839         $      88,391   There is an unknown amount of double counting
                          $15                160            8%         166,668      2.70            4,637         $      69,554   incorporated into the results which cannot be accounted for
                          $20                117            5%         166,668      2.70            3,391         $      67,815   and removed.  For example, if a respondent stated a
                     Total Paid Trips       1124           52%         166,668      2.70           32,574          $   304,298   willingness to take one trip at $5, one trip at $10, one trip at
                  Total Paid Trips at $5    1124           52%         166,668      2.70           32,574         $    162,872   $15 and one trip at $20, there is no way to be sure that this
                          only                                                                                                   means the person would take only one trip during the year
                      Total Annual          2130           100%        166,668      2.70
                                                                                                                                 and pay any amount up to $20 or if the person would take 4
                      participation                                                                                              trips and pay 4 different prices amounting to $50 dollars
                  (including free trips)
                                                                                                                                       6
                                                                                                                                 spent .  To address this issue, the trip estimation is
               calculated at the upper and lower bounds to provide a range.  The most conservative estimate would be to eliminate all double counting by calculating the number of trips at $20
               only.  This provides the lower bound estimate.  The most generous estimation, the upper bound, would be to calculate all trips assuming there is no double counting.

                         Lower Bound                                                      WILLAMETTE FALLS LOCKS                                              Upper Bound
                                                                                        ESTIMATED ANNUAL LOCKAGE
                           Estimate                                                                                                                             Estimate

                             3,391                                                                                                                               32,574

                                                                                              Final Estimate
                                                                                                  15,708
                       Lower Bound                                                                                                                           Upper Bound
                                                                          ESTIMATED ANNUAL REVENUE FROM RECREATIONAL BOATING
                                                                                                                                                               Estimate
                         Estimate                                                    THROUGH WILLAMETTE FALLS LOCKS
                                                                                                                                                               $304,305
                         $162,870


               6  A more robust market study would have resolved this unknown, but the survey questions on lock usage were inserted into an already large questionnaire to provide a general introduction to the topic. This survey
               was not intended as complete a detailed market analysis of the demand for lockage.
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