During a recent family vacation in Captiva Island, Florida, several economic impacts became apparent. There was the obvious increase in the cost of food and beverage services, transportation, and entertainment. And, despite resorts and vacation rentals being at or near capacity, we never waited in line for a restaurant. This was extraordinary on several levels, not the least of which was because dining on the island is always underserved at that time of the year. This told me that vacationers were choosing to eat in rather than out. They were making adjustments based on their vacation budget.
My thoughts on the economic impact were reinforced by our faithful charter boat captain and long-time friend, Captain John Houston of Native Guides Fishing Charters. After fishing with Captain John and his partner for over 12 years, I always look forward to having conversations about our children, life experiences and, of course, business. In addition to being a fishing guide, John has several ventures on the island and in Costa Rica. His title might be Captain but he is an entrepreneur at heart. When the conversation this year shifted from the snook we were catching to the rising cost of fuel, he had my attention.