Published on : Saturday, February 2, 2019
In total Virginia Tourism Corporation awarded more than $625,000 for 33 tourism marketing projects across the state to help increase visitation and revenue for Virginia’s localities through tourism.
The grants are designed to help local and regional tourism entities attract more visitors by leveraging local marketing dollars, and will ultimately impact at least 135 other statewide tourism entities.
The local organizations match the state grant funds by a minimum of 2:1 in order to support marketing projects. This funding cycle, the local partners will match the VTC grant dollars with more than $2.1 million, providing more than $2.7 million in new marketing to increase visitation to Virginia.
Visit Alexandria received a $50,000 grant for its Tall Ship Providence marketing program. Visit Alexandria partnered with the Tall Ship Providence Foundation and the City of Alexandria’s Office of Historic Alexandria to supply $138,700 in matching funds for the project. Alexandria will be launching a major new attraction in the summer of 2019 with the arrival of the Providence. The Providence is a full-scale replica of one of the U.S. Continental Navy’s first warships, built in 1768, which was captained by John Paul Jones, the father of the U.S. Navy, under the leadership of General George Washington. This revolutionary war vessel provides visitors with a first-hand living history experience with tours, weekly sails, chartered cruises, educational programs, and beer cruises presented in partnership with Alexandria’s Port City Brewing Company. Additionally, the replica ship has a pop culture tie, having appeared in the international blockbuster Pirates of the Caribbean. The grant seeks to capitalize on the ship’s arrival, and proximity to a newly opened waterfront park at the foot of King Street to raise Alexandria’s national profile.
The VTC Marketing Leverage Program is designed to stimulate new tourism marketing through partnerships by leveraging limited marketing dollars, resulting in increased visitor spending. A minimum of three entities must partner financially to apply and may consist of Virginia towns, cities, counties, convention and visitors bureaus, chambers of commerce, other local or regional destination marketing organizations, private businesses, museums, attractions, cultural events, and other tourism-related entities. The research shows that every VTC dollar invested in grants resulted in $16 of direct visitor spending. Marketing campaigns that received Marketing Leverage Grants increased visitation by 15%.
Tourism is an immediate revenue generator for Virginia. In 2017, tourism generated $25 billion in revenue, supported nearly 232,000 jobs and provided $1.73 billion in state and local taxes. Dollars invested in tourism are proven to provide a 7:1 return in tax revenue for Virginia, and the grant awards and matching funds provide a stimulus to localities seeking to increase tourism visitation and revenue.
“Virginia tourism is a crucial sector of our economy and when we invest in this industry, we support local job creation and drive regional economic growth,” said Governor Northam. “The Virginia Tourism Corporation’s Marketing Leverage Program gives localities and businesses access to critical marketing resources that will help bring more travelers to our Commonwealth, increase visitor spending, and grow demand for Virginia products.”
“The Marketing Leverage Program is designed to stimulate new tourism marketing programs across the Commonwealth,” said Brian Ball, Secretary of Commerce and Trade. “Tourism is an important part of Virginia’s economy as it adds to our economic diversity and is an instant revenue generator. In 2017, tourism injected $25 billion into the Virginia economy and provided 232,000 jobs. The Marketing Leverage Grant helps leverage limited marketing dollars to increase visitor spending and encourage public-private partnership opportunities.”
Tags: Virginia, Visit Alexandria