Main Topic: A SEDI JumpStart Tourism Project Update (Business Plan Completed) on the SEDI Alexander Hamilton & Caribbean History Museum (AHCHM). A Narrative of US Virgin Islands 100 Year Centennial Transfer Day of Danish West Indies on March 31, 2017, and the Importance of the Proposed AHCHM Project.
Rediscover the Boyhood Home of Alexander Hamilton St. Croix
A SEDI Project
Caribbean-American Numbering conservatively at some 3 million by the U.S. Census, or just over 9 percent of the total foreign-born population, Caribbean immigrants may be black, white, Latino, East Indian, Chinese, Arab, Christian, Muslim, Hindu, etc, thus it is quite difficult to make broad generalizations of this unique group.
Including long-settled migrants, the total Caribbean population and those of Caribbean descent in the U.S. may be as high as 22 million.
The majority, about 70 percent of Caribbeans and their descendants, live in either New York or Florida, with significant communities found in New Jersey, Connecticut, Massachusetts, Georgia, Pennsylvania, Maryland and Washington, D.C.,among other states.
Cubans, Dominicans, Jamaicans, Haitians, Trinidadians and Guyanese account for the largest Caribbean groups in the country at present.
On a national scale, museums are economic engines:
- Museums employ more than 400,000 Americans.
- Museums directly contribute $21 billion to the U.S. economy each year. They generate billions more through indirect spending by their visitors.
- 78% of all U.S. leisure travelers participate in cultural or heritage activities. These travelers—including visitors to museums—spend 63% more on average than other leisure travelers.
- The U.S. Bureau of Economic Analysis has found that arts and cultural production constitute 3.2 percent of the nation’s entire economy, a $504 billion industry.
- The nonprofit arts and culture industry annually generates over $135 billion in economic activity, supports more than 4.1 million full-time jobs and returns over $22 billion in local, state and federal tax revenues.
- Governments that support the arts see an average return on investment of over $7 in taxes for every $1 that the government appropriates.
- The architect of the American Financial System and the U.S. Federal Government.
- First U.S. Treasury Secretary (He is one of two person who's face appears on a U.S. currency that were Non-Presidents). He created the U.S. Mint and the U.S. Coast Guard.
- Bank of New York - Founder (Now BNY Mellon)
- Federal Reserve/Central Bank
A growing number of visitors are becoming special-interest travelers who rank the arts, heritage and/or other cultural activities as one of the top five reasons for traveling. These visitors are known as cultural tourists. Since 1998, the Travel Industry Association of America (TIA) and Partners in Tourism have collaborated on research that illuminates the scope of this demographic trend in travel. The fact sheet below summarizes key findings in the latest report by TIA and Smithsonian Magazine, The Historic/Cultural Traveler Edition.
How many cultural tourists are there?
Nearly 118.1 million American adults say they included at least one of fifteen arts, humanities, historic or heritage activities or events while traveling in 2002. This equates to more than half of the U.S. adult population (56%). One quarter of these cultural travelers take three or more of these trips per year. In fact, historic/cultural travel volume is up 13 percent from 1996, increasing from 192.4 million person-trips to 216.8 million person-trips in 2002.
What do we mean by cultural heritage tourism?
Cultural heritage tourism is based on the mosaic of places, traditions, art forms, celebrations and experiences that portray this nation and its people, reflecting the diversity and character of the United States. Travelers who engage in cultural tourism activities visit the following:
- art galleries, theater and museums
- historic sites, communities or landmarks
- cultural events, festivals and fairs
- ethnic communities and neighborhoods
- architectural and archaeological treasures
Thirty percent or 35.3 million adults say that a specific arts, cultural or heritage event or activity influenced their choice of destination. In fact, many travelers will extend their stay because of an arts, cultural or heritage event or activity.
Who are the cultural travelers?
Most cultural travelers want to enrich their lives with new travel experiences. This is particularly true among those aged 18-34, 75 percent of whom agreed that trips where they can learn something new are more memorable to them.
- The demographic profile of the cultural heritage travel segment today is younger, wealthier, more educated and more technologically savvy when compared to those surveyed.
- Generation X and Y'ers (ages 18-34), are more apt than Matures aged 55+ to agree that trips where they can learn something new are more memorable to them (75% vs. 63%).
- Households headed by Baby Boomers (ages 35-54) are most likely (41%) to participate in these activities.
How do cultural travelers compare to all U.S. travelers?
Eighty-one percent of the 146.4 million U.S. adults who took a trip of 50 miles or more away from home in the past year can be considered cultural tourists. Given this large volume of travelers, cultural/heritage tourism generates millions of dollars for destination communities in spending on shopping, food, lodging and other expenses. This can be attributed in part to the fact that cultural/heritage trips are likely to last seven nights or longer. In a nutshell, cultural tourists compared to the average U.S. traveler
- Spend more: $623 vs. $457
- Are older: 49 vs. 47
- Are more likely to be retired -- 20 percent vs. 16 percent
- Are more likely to have a graduate degree: 21 percent vs. 19 percent
- Use a hotel, motel or B&B -- 62 percent vs. 55 percent
- Are more likely to spend $1,000+/-: 19 percent vs. 12 percent
- Travel longer: 5.2 nights vs. 3.4 nights
- Travel by air: 19 percent vs. 16 percent
SEDI "Making the CASE" Caribbean-Americas Single Economy (C.A.S.E)
New opportunities for increase trade between the U.S, Latin America & Caribbean - A viable role for the US Virgin Islands to re-emerge as a Commerce, Education & Cultural Exchange Gateway
Click the link below to learn more about the Alexander Hamilton & Caribbean-American History Museum Project & Planning Committee Team