On 17-19 March, a conference is organised to promote, celebrate and help develop tourism on small cold water island (and coastal) destinations around the world http://www.cwit2015.com/.
Hosted by Terry Stevens, Stevens & Associates, Alastair Dobson, Taste-of-Arran, VisitArran, North-Auyshire Council and Videncenter for Kystturisme (Denmark), it takes place on Isle of Arran, southernmost of the Inner Hebrides.

Godfrey Baldacchino discussed this issue as early as 2004 in his presentation “Extreme Tourism: Lessons from the World’s Cold Water Islands”, see http://island.giee.ntnu.edu.tw/ISISA2004/ISISA8/100%203-2-B-1%20Godfrey%20Baldacchino%20_Canada_.pdf.