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STUDY: USVI Makes The Top 10 List Of Favorite Destinations For The Richest Americans

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The U.S. Virgin Islands made the top ten list of preferred destinations among the ranks of America’s richest travelers.

Surprisingly, Mexico with its risk of kidnappings of wealthy Americans, came in first among those for whom money is no object and the world is at their well-heeled, designer-clad feet.

That’s according to the results of a new study that looked at the travel trends of the richest one percent of Americans.

For the report, international travel and tourism consultancy group Resonance Consultancy analyzed data from more than 1,660 travelers with a household income of at least $200,000 or a net worth of $2 million.

Compared to the average American traveler who takes about five trips a year, the top five percent of richest Americans take about 14 trips a year, divided roughly between business and leisure trips.
Likewise, while the typical traveler will spend an average of $1,347 per person, per vacation, the affluent traveler will spend about $3,115.

With that kind of budget, that means reserving stays at high-end hotels such as the Four Seasons and Hilton, which are the preferred brands of the wealthiest one percent.

And while the middle-class and more budget-conscious traveler may spend hours on end shopping for flight and hotel deals online, analysts found that wealthy travelers are more likely to book directly with a hotel or airline.

Here are the top 10 travel destinations among America’s top one percent:

1. Mexico (26%)
2. Canada (24%)
3. Italy (24%)
4. England (22%)
5. France (22%)
6. Germany (14%)
7. Bahamas (14%)
8. Anguilla (13%)
9. Australia (12%)
10. U.S. Virgin Islands (11%)


Tourism’s Beverly Nicholson-Doty

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The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 40 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

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