06-26-86 Agenda & Packet - Laserfiche WebLink

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June 16, 1986 Leisurethamdutagest 3 cation homes (not including timeshare) , Certainly in urban areas, new lands and with interest rates down, more are needed. A PCAO-sponsored "Recrea- than 100,000 will be built this year. tion and the American City" forum had The resale market this year is expected little new to report at its gathering to be the best of the past decade, in two weeks ago except for one thing: part because of the steep climb of the cities are growing again, and so is stock market in the past 18 months. Ski recreational demand. * * * resort and waterfront homes are most * * * * * popular. Most buyers are in the 30s and 40s and earn more than $40,000 a yr. Sales of boats and RVs are set for near- record, or record, growth this summer. * * * * * * * * The boating industry expects its best The cruise industry has booked 60,000 year of the past 15 with 660,000 units more passengers for the Caribbean this representing a 10% increase over 1985, summer than had been anticipated at the according to the National Marine Manu- start of the year, according to Market facturers Assn. Millions of dollars in Scope Inc. , a research firm in Coral sales have been Lost in recent years Gables, Fla. , that conducts special mar- because of a lack of facilities, the keting studies for various cruise lines. Marine Retailers Assn. charges. A sur- The 13%-15% increase means that bargain vey showed that dealers nationally were cruises may have been booked already. reporting average shortages of nearly New ships in service produced a 15% in- 1,500 new slips and overcrowding of crease in capacity, but the surge of launch ramps. Funds from the Wallop- bookings came on top of an added 10% in Breaux legislation a year ago are be- early bookings due to discounts--now at ginning to speed boating fuel tax mon- an end pretty much. ies to the states for new facilities. * * * * * * * * The RV industry expects sales of about Tip income reported by workers on tax 373,000 units this year which compares returns doubled on the 1984 returns, to 359,000 last year. About $8 billion the first year reporting was required. worth of RVs are on the road now. The From 1982 to 1984, the $2.1 billion in industry has been promoting the "RV tips was more than 125% increase. Big- lifestyle" thru cable TV programa and gest growth came from tips in drinking national ads. The rental market is 2 places, up 246% to $22 million. Most to 3 times ahead of last year. tips, $1.6 billion, were reported from restaurants, the IRS study noted. The 35-55 age group that is the largest * * * * * * * buying group for boats and RVs will grow from 70 million now to 105 million by the year 2000. OUTDOOR RECREATION Golf resorts have been booming, from Southern California to the Southeast, The President's Commission on Americans with help from PGA Tour Inc. , which has Outdoors (PCAO) meets in Washington on built 12 new "stadium" type courses to c;- June 25 to review preliminary findings draw TV coverage and crowds. Twelve from the first 10 hearings around the more such courses are planned. The country on recreation issues. Besides first such development at Ponte Vedra, funding difficulties, demands for multi- Florida, by Arvida Corp. sold $75 mil- use of public lands and the need for lion in real estate last year Land the new recreation areas seem to be nation- PGA Tour gained $20 .7 million from all al priorities. Conflicts abound: how real estate deals that year) . to preserve America's heritage for the future runs headlong into overuse of Other golfers and developers have simi- popular areas and deteriorating resour- lar ideas. Robert Trent Jones, noted ces. Finding a balance between these golf course architect, will build three conflicting demands will not be an easy golf courses in Prince William County, task, as the Commission heard in Wyom- Va., about 40 miles from Washington, ing, where public lands are broken up D.C. More than 800 acres are involved by segments of private holdings. in the project which could bring $15 million a year to the county when it 111/1 Farming and mining interests lease pub- is completed in the next 3 years. PGA lic lands, which recreational interests officials are being courted to schedule want to see kept in the public domain, tournaments at the new Lake Manassas while the Reagan Administration con- site. Developers plan 800 'homes, plus siders selling these lands. Alterna- an office park. Over the next 15 years, tives to land purchases are under exam- investment is expected to top $735 mil. ination by the Commission and staff.