Translation Services in Virginia Beach – Economic Profile
The city of Virginia Beach with a population of about 436,000 people is located in the state of Virginia, on the shore of the Atlantic Ocean.
The city’s economy is heavily based on the tourism industry. Further major economic sectors include agriculture, education, retail, defense, as well as international business. Major companies headquartered in Virginia Beach include Stihl, Lillian Vernon, GEICO, and Amerigroup.
In addition, Virginia Beach is home to several military bases such as NAS Oceana, which is also the largest employer in the city.
The city’s countless resorts, hotels, restaurants, and recreational facilities draw about 3 million national and international visitors annually. Major cultural attractions include Virginia Aquarium & Marine Science Center, Virginia Beach Amphitheater, and the Neptune Festival, which draws more than 500,000 visitors each year.
In addition, the city has become an important center for major events and conventions.
Higher education in the city is provided by Regent University, Atlantic University, University of Virginia, Virginia Wesleyan College, ECPI College of Technology, Old Dominion University and Norfolk State University.
The city is home to an ethnically diverse community. About 20% of the population is African American, 5% Asian, and 4 % Hispanic.
In particular the city’s focus on the tourism industry as well as the presence of major corporations, universities and a diverse racial composition have created a significant demand for translation services in Virginia Beach.