Tourism has been tagged as one of the fastest growing economic activities in the world, of which beach tourism is rated the most interesting of them all, perhaps because of the special facilities they possess for greater amusement. Similarly, there have been growing concerns as to beach tourism in Nigeria, majority of which have not been adequately tested for sustainability, using economic indicators. This study therefore examines the economic impact of Suntan beach to both tourists and the host community, using some economic indicators in relation to conservation concept. Covering critical issues, random sampling technique was used to select 100 tourists and 100 residents giving a total of 200 respondents. Primary data were collected with the use of structured questionnaires. Data collected were analyzed using descriptive statistics with statistical package for social sciences (SPSS). Selected indicators showed high percentage for both residents and tourists respectively; economic benefits (63% and 67%), use intensity (55% and 61%) and accessibility to key assets (68% and 69%). The study helps to understand that there is high level of users’ perception on conservation benefits of the destination. However, to avoid congestion and overused, especially during the peak season, the key assets provided should be directly proportional to the used intensity. This will go a long way in ensuring sustainable economic returns.