I have zero problem seeing viewing taking in FAAAAAR more revenue than hunting.
That said, this definitely isn't an either-or proposition for one simple reason.
GB viewing likely only happens in a couple places, closer to civilization (or at least a tourist destination). GB's are pretty habitual and the eco guide will likely target viewing of the exact same bears, likely in protected areas.
GB hunters/guides tend to get a little more 'out there' into places where an eco-tourist operation wouldn't be sustainable.
Pretty easy to do both, as they are likely separate bears used for each activity.
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