This seems to be a goal for some of the folks in Tarawa, but certainly a difficult one to achieve.
It is unclear how profitable the trips in 2015 and 2017 really were. Betchart told me that despite the large ticket price and the number of people going, it was very hard to make much margin, particularly after factoring in the months of planning and logistical work it took to get the 2017 expedition launched. She said that other more profitable trips essentially allowed her the ability to do more difficult trips such at the NIku expeditions. The boat charter company involved in 2017 was asked to quote on a subsequent trip, and raised their prices by something like 30%, so going forward the price is going to be even steeper. Makes for a shrinking market of candidates.
In addition, the permitting process with Kiribati has become so cumbersome and expensive that those involved are not eager to re-engage - as in "I am never doing that again!!". It literally took months of work, much of it on the ground in Tarawa, to obtain the permits needed, some of which did not arrive until the last minute, long after the ships had been paid for. That kind of risk is not what tour operators like to work with.
On top of all that, the biosecurity protocols we were asked to adhere to were beyond what most tours have to deal with. We were required to spray all our clothing and equipment with permethrin insecticide, spray and then pack our permethrin laced day bags in sealed bags 2 hours before going ashore at 6:30 am - in other words we were supposed to spray and seal our bags at 4:30 am, spay the launches in permethrin daily, walk through a permethrin bath in our shoes on the way to and from the island, spray the coolers our lunches were packed in, etc. Permethrin, by the way, is extremely toxic to fish, but the PIPA folks are far more worried about invasive insects arriving than killing some fish. I can't say that these protocols were religiously adhered to throughout the entire expedition, but there was probably enough permethrin aboard the boat to kill all the roaches in NYC. Not exactly the kind of thing most tours offer, but certainly an added bonus!!
So, is it possible for Kiribati to develop some tourism, but I think it will be difficult given the logistical nightmare that trying to get to the Phoenix Islands has become. To keep PIPA pristine, and free of invasive insects, these are the things that are needed, but they certainly will be difficult for any tourism industry to deal with.
I think even Disney will find it unproductive to try to run tours out there.
My 2¢
Andrew