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HomeMy WebLinkAbout03. VLMDAC November Meeting Presentation DRAFTVLMDAC BOARD MEETING NOVEMBER 15, 2018 AGENDA / •SEPTEMBER & OCTOBER 2018 MONTHLY FINANCIAL REPORT, CARLIE SMITH •APPROVAL OF SEPTEMBER 20, 2018 MINUTES, BOARD •SUMMER 2018 PERFORMANCE, CACTUS, ALL PARTNERS •RRC RESEARCH, CHRIS CARES, CACTUS •BURKE BRAND RESEARCH, CACTUS •BRAND ASSET SHOOT, SATCHELE BURNS, JACK AFFLECK •COLORADO CLASSIC RECAP, SARAH FRANKE, VVF •VAIL RESTAURANT WEEK, DENISE CHENG, ALISON WADEY, VCBA •CSE FUNDING ALLOCATIONS, CSE •OTHER BUSINESS •ADJOURNMENT SUMMER 2018 PERFORMANCE In 2018, we initiated a major shift in strategy. With YOY decreases in the total marketing budget, we recognized a need to make our dollars work harder to meet and exceed our goals. STRATEGIC SHIFT 2 0 1 8 O V E R V I E W We honed in on a focused audience-specific messaging and targeting approach. Each partner took this charge and implemented this focus across the various components of the 2018 campaign. QUALITY OVER QUANTITY 2 0 1 8 O V E R V I E W Paid, owned, and earned media efforts combined a multitude of tactics that have all laddered up to our goals and objectives for the 2018 season. SUMMER 2018 ECOSYSTEM C A M P A I G N O V E R V I E W E A R N E D Digital Video Influencer Paid Social TV P A I D O W N E D Website Email Organic Social Traditional PR Online PR Groups Potential reach has continued to progress our awareness efforts as we shift towards an engagement - centric strategy. EARNED MEDIA APPROACH 2 0 1 8 O V E R V I E W Earned efforts were an essential tool in garnering potential reach as our strategy shifted towards engagements. POTENTIAL CAMPAIGN REACH E A R N E D O V E R V I E W P R I N T : 2 M O N L I N E : 6 8 7 .5 M While potential reach is a key indicator of our PR efforts, the messages that we develop will continue to deliver on our strategic focus. PUBLIC RELATIONS E A R N E D O V E R V I E W +42% increase in Outdoor messages in 2018. +26% increase in Event messages in 2018. Ongoing efforts to develop compelling, family and teen oriented stories for 2019. Our PR efforts in Mexico and Panama continue to raise Vail’s profile internationally and create distinction from other resorts in our competitive set. INTERNATIONAL PUBLIC RELATIONS E A R N E D O V E R V I E W 163 Online articles. 38 Print articles. 173% ROI on media. “Summer is cheap compared to winter rates.” “Vail is a health and wellness travel solution.” “The safety within Vail is a commodity.” Group efforts are continuously working towards our seasonal goals, with significant increases in group visitation during peak and fall timeframes. GROUPS E A R N E D O V E R V I E W Room Nights Consumed 2018 2017 2016 May 117 406 467 June 3974 1055 2725 July 3245 1321 1215 August 1862 207 434 September 1318 823 939 October 3169 2284 673 With a quality over quantity focus, we are approaching the group RFP process with a more focused, targeted approach. Through partnership with Cvent, we are able to leverage advanced targeting to identify, attract, and re-target planners directly to properties. GROUPS E A R N E D O V E R V I E W 44% Retargeted video view rate – highest view rate seen on the Cvent platform. Departure from the impressions- focused strategy of years past to instead drive meaningful engagement. PAID MEDIA APPROACH 2 0 1 8 O V E R V I E W Paid media efforts, led by Cactus and SITE Marketing, have utilized a variety of high quality and targeted tactics to truly engage our key audiences. PAID MEDIA ECOSYSTEM P A I D O V E R V I E W T R A D I T I O N A L Digital Video TV D I G I T A L Influencer Streaming Radio Social Media Mobile Artificial Intelligence PAID MEDIA EXAMPLES P A I D O V E R V I E W While our 2018 strategy shifted the importance from impressions to meaningful engagement, we wanted to ensure that we were not abandoning our reach and awareness efforts in the paid and owned space. CAMPAIGN IMPRESSIONS 41% 16% 10% 2% 16% 8% 7% Digital Video Paid Social Streaming Audio Paid Influencer Traditional Email PA I D : 91M P A I D O V E R V I E W Our strategic response to a decreasing YOY budget has been to prioritize the quality of our paid efforts over quantifiable reach. With this strategy in place, paid impressions have decreased YOY. PAID MEDIA IMPRESSIONS 2018 2017 2016 % Change (2017-2018) Digital 34.6M 44.9M 61.9M -23% Traditional 26.4M 34M 35.1M -22% P A I D O V E R V I E W YOY DIGITAL MEDIA PERFORMANCE 2018 2017 2016 Overall Digital Video 88% 78% 75% Cross-Platform Video 86% 79% 75% Connected TV Video 98% 96.5% n/a Paid Social Video VCR 85% 75% 14% Paid Social Video CTR 0.2% 0.02% 0.2% Streaming Audio CTR 0.3% 0.19% 0.35% The renewed focus for the 2018 campaign has been rewarded with performance above benchmarks across the digital media landscape. P A I D O V E R V I E W INFLUENCER PROGRAM In 2018, we partnered with the Obviously platform to bring 7 influencers to Vail, garnering $37,887 in estimated media value. P A I D O V E R V I E W O B J E C T I V E S : #1 #2 Drive awareness of summer in Vail. Acquiring authentic assets and footage, particularly of the families with teens audience. INFLUENCER PROGRAM RESULTS The influencer campaign performed above industry benchmarks for the Hospitality space and delivered 859,693 impressions. P A I D O V E R V I E W R E S U L T S : 36% Larger audience than avg., at 48,687. 198% Over performance on industry estimated media value, at $1,357. 85% Greater avg. engagement rate, at 3.1%. TRADITIONAL MEDIA OVERVIEW The shift from impressions to engagement in the traditional space eliminated tactics like OOH and print from the 2018 campaign, in favor of primetime sports TV that reached our target audiences where and when they were mostly likely to watch. P A I D O V E R V I E W Shifts in the 2018 approach mean there are no existing, relevant benchmarks for comparison. OWNED MEDIA APPROACH 2 0 1 8 O V E R V I E W Owned media efforts, led Vail Mountain Marketing, work to inspire and support travel for those who are most likely to visit Vail in the summer timeframe. OWNED MEDIA ECOSYSTEM O W N E D O V E R V I E W W E B S I T E Facebook Vail.com OW NED SOCIAL Scheduled Blasts Instagram E M A I L OWNED MEDIA CREATIVE EXAMPLES O W N E D O V E R V I E W Email and organic social were nearly equal drivers of owned impression delivery. OWNED IMPRESSIONS 53% 47% Email Organic Social O W N E D : 7 .9 M O W N E D O V E R V I E W Email efforts were shifted in the 2018 season to target our core audiences at the times in which they were most likely to be inspired by a trip to Vail. EMAIL PERFORMANCE O W N E D O V E R V I E W +7.7% More emails delivered to impact summer travel YOY. +4.4% Increase in click volume YOY, while also delivering +7% increase in send volume. June 19th Families with Teens email test performed above industry benchmarks across metrics. Organic social efforts used a content-driven approach to speak directly to, and engage with, our core audiences. ORGANIC SOCIAL PERFORMANCE O W N E D O V E R V I E W 106K Engaged users. 3.6M Reached users. 3.7M Organic impressions, up +3% YOY. Summer site performance reflects that while less traffic is coming to the site, consumers visiting the site are of higher quality and more likely to convert. WEBSITE PERFORMANCE O W N E D O V E R V I E W 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 5/15/85/155/225/296/56/126/196/267/37/107/177/247/318/78/148/218/289/49/119/189/25Summer 2017 Summer 2018 -23% Site visitation +43% Orders per visit In reviewing the seasonal goals for the VLMD, we are seeing success. SEASONAL RESULTS 2 0 1 8 O V E R V I E W RESULTS / TAX REVENUE 2018O V E R V I E W 2018 2017 2016 % Change (2017-2018) Sales Tax $6,742,977 $6,129,055 $5,876,142 +10% Lodging Tax $699,150 $615,023 $537,602 +14% Sales and lodging tax revenues have experienced significant YOY increases. RESULTS / OCCUPANCY 2018O V E R V I E W Month 2018 2017 2016 May 26.2% 25.0% 24% June 57.6% 53.4% 54% July 63.8% 70.9% 69% August 59.1% 58.6% 60% September 45.6% 50.7% 52% October 29.9% 34.3% 34% TOTAL 47.0% 48.8% 49% Monthly occupancy rates demonstrate a strong increase in early season occupancy. Seasonal rates remain relatively flat YOY. RESULTS / AVERAGE DAILY RATE 2018O V E R V I E W While occupancy remains flat, ADR increases across the season demonstrate the dynamic of the relational metrics. Month 2018 2017 2016 May $176 $192 $151 June $231 $226 $206 July $291 $279 $263 August $275 $260 $255 September $226 $220 $206 October $185 $184 $172 TOTAL $245 $239 $222 2019 MARKETING TIMELINE / 2018 2019 September October November December January February March April -9/18: Town Council Presentation -9/20: VLMD monthly meeting -Finalize Goals based on 2018 results -Continue to refine budget based on year-end results -Review and apply insights from YOY results and research -Develop specific objectives & tactical plans for how we will reach our goals -Present media strategy -Develop & update brand creative for 2019 season -Present creative & begin production -Present detailed media plan -Final production and trafficking -Creative in- market according to tactical plan 2018 RRC INTERCEPT STUDY RESULTS: Vail Summer 2018 Intercept and Web Survey Selected Findings Prepared by: November 15, 2018 36 OVERVIEW OF THE 2018 RESEARCH PROGRAM Vail Summer 2018 Survey | RRC Associates | 11/15/18 The following slides represent an overview of survey results obtained over summer 2018. The findings to follow provide a summary of selected results and key findings. Additional crosstabulations, open -ended comments, and further analyses are available upon request. The primary component of the 2018 Survey Research program consisted of an Intercept Survey conducted in various locations in Vail by RRC -trained interviewers. Additionally, a Web Follow-up Survey was sent to participants that were willing to provide their email addresses at the time of the intercept interview. A version of the web-based survey was also sent to Vail App users and selected results from that survey are included in the 2018 analysis. 37 OVERVIEW OF THE 2018 RESEARCH PROGRAM Vail Summer 2018 Survey | RRC Associates | 11/15/18 Results from the summer 2018 research are based on 1,370 responses obtained through September 30. The Web Follow-up and Vail App Survey segment of the analysis include approximately 420 responses. Note that on these surveys the number of respondents varies by question. The survey research is designed to permit comparisons year over year. The Intercept Survey remained largely unchanged this year. The 2018 Web Follow-up Survey contained a number of new questions. Comparative graphs for the past two years are provided for questions that did not change. New questions will show with only 2018 results. 38 SUMMER OCCUPANCY - MAY THROUGH SEPTEMBER Vail Summer 2018 Survey | RRC Associates | 11/15/18 •Visitation was strong in May and June, but relatively weak in July when compared to record summer 2017 results. Overall occupancy was flat measured May through July (down 0.7%). More specifically, based on DestiMetrics’ occupancy data, results showed: •Up about 5.8% in May from 2017, •Up 8.8% in June, •Down 9.4% in July, •Up 1.6% In August, •Down 9.7% in September. •The daily results are summarized graphically on the following slide. 39 2018 VS. 2017 SUMMER OCCUPANCY Vail Summer 2018 Survey | RRC Associates | 11/15/18 40 PARKING COUNTS – MONTHLY DATA – MAY THROUGH SEPT. Vail Summer 2018 Survey | RRC Associates | 11/15/18 41 KEY TAKEAWAYS FROM THE SUMMER 2018 RESEARCH Vail Summer 2018 Survey | RRC Associates | 11/15/18 •Survey results suggest that destination visitors were up and day visitors down in 2018 . •The geographic origins of summer visitors remain similar to those observed in past years. Overall, international visitation was strong in 2018 with slightly increased visitation from Mexico. •Net Promoter Scores (NPS) are strong but down slightly from 2017. Scores have ranged from 81% in 2018, 83% in 2017, and 80% in 2016. •Approximately 30% of respondents are on their first visit to Vail. This virtually unchanged from 2017. •The 2018 survey contained new questions designed to evaluate family/children responsiveness to Vail programs. These results have been probed and shared separately. A Selection of Intercept Survey Results 43 VISITOR TYPE Vail Summer 2018 Survey | RRC Associates | 11/15/18 44 AGE / GENDER Vail Summer 2018 Survey | RRC Associates | 11/15/18 45 STATE OF ORIGIN Vail Summer 2018 Survey | RRC Associates | 11/15/18 46 STATE OF ORIGIN (COLORADO EXCLUDED) Vail Summer 2018 Survey | RRC Associates | 11/15/18 47 LODGING ACCOMMODATION LOCATION Vail Summer 2018 Survey | RRC Associates | 11/15/18 48 ACCOMMODATIONS Vail Summer 2018 Survey | RRC Associates | 11/15/18 49 PREVIOUS VISITATION Vail Summer 2018 Survey | RRC Associates | 11/15/18 50 LIKELIHOOD TO RECOMMEND Vail Summer 2018 Survey | RRC Associates | 11/15/18 51 NET PROMOTER SCORE Vail Summer 2018 Survey | RRC Associates | 11/15/18 NPS: 83% NPS: 81% 52 DID YOU ARRIVE IN A VEHICLE? Vail Summer 2018 Survey | RRC Associates | 11/15/18 53 EPIC DISCOVERY Vail Summer 2018 Survey | RRC Associates | 11/15/18 A Selection of Web Follow-up and Vail App Survey Results 55 REASONS FOR VISIT Vail Summer 2018 Survey | RRC Associates | 11/15/18 56 DESIRED EXPERIENCES Vail Summer 2018 Survey | RRC Associates | 11/15/18 57 DESIRED EXPERIENCES – 2018 BY GEOGRAPHY Vail Summer 2018 Survey | RRC Associates | 11/15/18 58 WHO DID YOU TRAVEL WITH? Vail Summer 2018 Survey | RRC Associates | 11/15/18 59 ACTIVITY PARTICIPATION Vail Summer 2018 Survey | RRC Associates | 11/15/18 60 CHILDREN/TEEN ACTIVITIES Vail Summer 2018 Survey | RRC Associates | 11/15/18 61 FAMILY SATISFACTION RATINGS Vail Summer 2018 Survey | RRC Associates | 11/15/18 62 CHILDREN’S INTEREST AND IMPACT Vail Summer 2018 Survey | RRC Associates | 11/15/18 63 Vail Summer 2018 Survey | RRC Associates | 11/15/18 Vail is considering initiating more activities for children 13 to 17 that might be offered independent of parent participation. Do you have comments or suggestions for such programs? A sampling of verbatim open-ended comments Biking groups I think hiking with a mission or purpose will work. Also, teaching them Valley history and learning will be ideal. Since we actually enjoy hanging out together, it would be cool to have activities that are family oriented too, and not just 'independent' Not interested. This is a family vacation. We are supposed to be together. That would be great. Get the in like age groups together. Few evening activities for teens Campfires Astronomy Painting/Art 64 TYPE OF ACCOMMODATIONS Vail Summer 2018 Survey | RRC Associates | 11/15/18 65 HOW DID YOU BOOK? Vail Summer 2018 Survey | RRC Associates | 11/15/18 66 BOOKING LEAD TIME Vail Summer 2018 Survey | RRC Associates | 11/15/18 67 INFORMATION SOURCES Vail Summer 2018 Survey | RRC Associates | 11/15/18 68 IMPORTANCE OF SOCIAL MEDIA Vail Summer 2018 Survey | RRC Associates | 11/15/18 69 VAIL APP USAGE Vail Summer 2018 Survey | RRC Associates | 11/15/18 70 WHERE ELSE DID YOU VISIT? Vail Summer 2018 Survey | RRC Associates | 11/15/18 71 WHY DID YOU SELECT VAIL OVER OTHER COMPARABLE DESTINATIONS? A SAMPLING OF VERBATIM OPEN-ENDED COMMENTS Vail Summer 2018 Survey | RRC Associates | 11/15/18 Beautiful area, recreation options, walk around village We love Vail and are very comfortable with all of the amenities Frequent winter visitor, never been in the summer but have wanted to go, heard of progresses with epic discovery and thought now is as good of a time as ever to go Trick question. Nothing compares with Vail. Seriously, there was no comparison because we visited for a friend's wedding 2 years ago and loved our stay so much we come back every year. It is close by, has fine restaurants and shops and great hiking in the summer and skiing in the winter easy to fly into, walkable town so no need to rent a car Reputation and proximity to Denver 72 AGREE OR DISAGREE Vail Summer 2018 Survey | RRC Associates | 11/15/18 73 SATISFACTION RATINGS Vail Summer 2018 Survey | RRC Associates | 11/15/18 74 SATISFACTION RATINGS Vail Summer 2018 Survey | RRC Associates | 11/15/18 75 DO YOU HAVE ANY SPECIFIC COMMENTS ON PARKING IN VAIL? WORD CLOUD Vail Summer 2018 Survey | RRC Associates | 11/15/18 76 Vail Summer 2018 Survey | RRC Associates | 11/15/18 Parking Ratings: If you answered 3 or lower for any of the above, please explain your response and how we could improve: A sampling of verbatim open-ended comments Don't charge for overnight parking Free parking off site with shuttle service Parking can be somewhat hard based on where you plan to go in Vail. Lionshead is probably the most recognizable but not as convenient as Vail village. Also not as easy to determine if parking is paid or free. I'd recommend all summer parking is free like it used to be. I get paid parking in the winter, but for convenience and customer experience I think it would be best for the summer parking to be free everywhere Busy weekend made for full lots and street parking. There are times when having to travel through the village to get to the mountain activities is annoying Parking is expensive and difficult 77 ENVIRONMENTAL FRIENDLINESS Vail Summer 2018 Survey | RRC Associates | 11/15/18 78 AND HOW WOULD YOU DESCRIBE YOUR RECENT VAIL VISIT? WORD CLOUD Vail Summer 2018 Survey | RRC Associates | 11/15/18 79 AND HOW WOULD YOU DESCRIBE YOUR RECENT VAIL VISIT? A SAMPLING OF VERBATIM OPEN-ENDED COMMENTS Vail Summer 2018 Survey | RRC Associates | 11/15/18 Thanks for keeping Vail pristine and clean! Our vacation time is limited, thus we try and get as much out of the experience as possible. Our family prefers to be active but more importantly together. We feel that the best memories are made when we all get to experience something as a unit. I had a great first time in Vail, and would love to come back again! Good mix of fun and relaxation Very much enjoyed the outdoors hiking shopping and restaurants The restaurants in Vail are 5 star. We love skiing and or hiking and then going out to eat. 80 PREVIOUS WINTER VISITATION Vail Summer 2018 Survey | RRC Associates | 11/15/18 81 LIKELIHOOD TO RETURN Vail Summer 2018 Survey | RRC Associates | 11/15/18 Thank you! Questions? 2017 BURKE RESEARCH FUNNELS With the shift to demographic persona targeting in 2018, we needed to develop a benchmark for the refined 2019 Burke Brand Research study. We worked with Burke to re-establish the baseline funnel metrics from the 2017 research, setting the following criteria from the existing sample: FUNNEL METRICS R E S E A R C H #1 Destination Families with Teens (excluding CO residents & those with HHI under $100K) #2 Super Boomers (ages 55+, excluding those with HHI under $100K) #3 Front Range Residents (all CO residents, excluding those with HHI under $100K) SEASONAL ASSET SHARE-OUT 2019 ASSET CAPTURE B R A N D A S S E T S With Cactus creative direction, Deadline Motion and Jack Affleck shot 7 scenarios that will all be featured in the 2019 “Rites of Passage” brand spot. Rites of passage. Rituals. Special ceremonies, to mark the transition to adulthood. From the Arctic to the Andes, cultures from around the world challenge their young men and women with feats of strength, courage and endurance. To test their wit, resourcefulness and reverence for nature. To prove themselves, physically, emotionally, mentally. Here, in Vail, we carry on this tradition. TITLE CARDS OVER VIDEO: Challenge. Challenge. Like Nothing on Earth. VAIL. Like Nothing on Earth. 2019 ASSET CAPTURE B R A N D A S S E T S Hold for Satchele’s highlight reel. 2019 ASSET CAPTURE B R A N D A S S E T S Hold for Jack’s selects COLORADO CLASSIC RECAP Professional cycling returns to the streets of Vail COLORADO CLASSIC VAIL 19,440 FANS ATTENDED OVER 2 DAYS 15 MEN’S TEAMS 15 WOMEN’S TEAMS 174 TOTAL RACERS 20+ COUNTRIES REPRESENTED 4 TOUR DE FRANCE RIDERS COLORADO CLASSIC VAIL HIGHLIGHTS 86 NET PROMOTER SCORE (by those that came for the event) $2.8M ESTIMATED ECONOMIC IMPACT 1.05M IMPRESSIONS from :30 PSA SPOTS on KUSA/KTVD with 9News Highlights on 8/15, 16 and 17 219K TOTAL LIVE STREAM VIEWS 4.1M IMPRESSIONS via Digital and Social Media WORLDWIDE MEDIA COVERAGE 200+ Million Households Worldwide 250 Countries 3M HOUSEHOLDS 10 REGIONAL STATES 4 HOURS LIVE COVERAGE 200M HOUSEHOLDS 2.5M UNIQUE VIEWERS 5.5K UNIQUE USERS 54K LIVE STREAM VIEWS COLORADO CLASSIC VAIL WINS MEDIA COVERAGE MEN’S AND WOMEN’S PROFESSIONAL CYCLING IN VAIL ECONOMIC IMPACT AREAS TO IMPROVE RACE ATTENDANCE EASE OF ACCESS COMMUNICATION CONNECTION TO GRFA PERFORMANCES COLLABORATION WITH PARTNERS INDEX/RESOURCES WEBSITE: coloradoclassic.com TOUR TRACKER COVERAGE: coloradoclassic.com/tour-tracker-live FACEBOOK: ColoradoClassicPro TWITTER: @CoClassicPro INSTAGRAM: @coloradoclassicpro THANK YOU! VAIL RESTAURANT WEEK 2019 MARKETING PLAN AND BUDGET •NEW FOR 2019: –Addition of Spring Restaurant Week, May /June 2019. Looking to target Memorial Day Weekend activation. Working through collaboration with Beaver Creek but able to move forward with a Vail -only Restaurant Week if needed. –Would look to VLMDAC marketing to help promote spring event to the Front Range to help alleviate budget constraints for the event. •EXECUTION DATES: –Start running weekly ads in print, online and TV after Labor Day in Denver, TX, IL, FL and Vail Markets –2 weeks prior increase exposure significantly –Postcard mailing to second home owners in Texas, Denver, Florida 2.5 months prior –Bus ads all summer 2018 HIGHLIGHTS 2018 HIGHLIGHT OVERVIEW WE ARE SO EXCITED ABOUT THIS YEAR’S RESTAURANT WEEK, HOWEVER BECAUSE THE EVENT HAS NOT STARTED, WE HAVEN’T BEEN ABLE TO COLLE CT DATA ON THE RESULTS OF THE EVENT. HERE ARE SOME HIGHLIGHTS LEADING UP TO THE EVENT… –Overall participation efforts increased and exceeded expectations again for the 6th year. Participating restaurants and lodges returned to offer specials of either equal or greater value in comparison to 2017, with a handful of participants completely adjusting their menu to offer all main courses at $20.18. –With the goal of this ten day event set to drive added value and reason for guests to come to Vail in late September/early October and extend the season; we are thrilled to see increasing engagement on our website traffic from the Front Range. –With local help and support of our participants and hosting communities, the return of Restaurant Week this year has generated a buzz about our great Vail Dining Scene that continues to increase year after year. –We did not have a lot of time or resources to prepare for Restaurant Week this year but have successfully promoted the event this year 2018 HIGHLIGHTS •VAIL RESTAURANTS: 45 (GREATER THAN TO LAST YEAR’S PARTICIPATION) •WE HAVE RECEIVED NUMEROUS OUT OF STATE CALLS AND FACEBOOK MESSAGES INQUIRING ABOUT RESTAURANT WEEK RECOMMENDATIONS THIS YEAR. •SOCIAL MEDIA ENGAGEMENT IS GROWING IN THE FRONT RANGE, WITH INTEREST SHOWN FROM OUT OF STATE AS WELL. •PRE-EVENT PRESS: COLORADO.COM; TV8, VAIL BEAVER CREEK MAGAZINE, VAIL DAILY 8/15 •MENTIONS IN VAIL BEAVER CREEK MAGAZINE, COLORADO.COM •ARTICLE WRITTEN IN VAIL DAILY ON DURING COLORADO CLASSIC, START OF RESTAURANT WEEK, VAIL WEEKLY 2018 TOP LINE MARKETING EFFORTS •WEBSITE: DININGATALTITUDE.COM AND FACEBOOK, INSTAGRAM, TWITTER POSTS •DIGITAL: 5280, WESTWORD, DENVER ONLINE DISPLAY, FACEBOOK, TWITTER, INSTAGRAM, EVERYTHINGVAIL.COM, COLORADO.COM •PRINT: VAIL DAILY, VAIL WEEKLY AND SUMMIT DAILY, ASPEN DAILY •TV: 6-9 INTERVIEWS SCHEDULED ON TV8 MOST PRIOR TO RESTAURANT WEEK •EVENT PRESS RELEASES: 8/27/2018 WITH AN ADDITIONAL PRESS RELEASES WEEK PRIOR EVENT AND WEEK OF •ADDITIONAL COVERAGE: VAIL, BEAVER CREEK, VVF AND VVP WEBSITES, INCREASED COVERAGE AMONG PARTICIPANT WEBSITES AND SOCIAL MEDIA PAGES, LOCAL BLOGS, VAIL/BEAVER CREEK MAGAZINE AND THE VAIL WEEK LY •OPEN TABLE PARTNERSHIP WHO WILL SEND AN EBLAST TO ALL THEIR SUBSCRIBERS 2018 HIGHLIGHT OVERVIEW TOP AREAS VISITING DININGATALTITUDE.COM RESTAURANT WEEK DIGITAL BANNERS + EMAIL CSE FUNDING ALLOCATIONS 2019 Special Event Allocations-Strategic Overview Commission on Special Events November 6, 2018 COMMISSION ON SPECIAL EVENTS Barry Davis Chair, Commission on Special Events Mark Gordon Vice Chair, Commission on Special Events Samantha Biszantz Rayla Kundolf Marco Valenti Alison Wadey Kim Newbury-Rediker 109 Town of Vail | Commission on Special Events | 11/6/2018 2018 CSE Successes •Based on independent third-party survey data, the 2018 to date total direct economic impact is $15,378,495.75 million on an investment of $453,000 for the CRC and EE categoreis. (15 events surveyed thus far) •That’s an average of $33.95 payback ratio per funding dollar. •Diverse board with representation from: lodging, real estate, retail, restaurant and chamber offers varied view points and experiential perspectives. 110 Town of Vail | Commission on Special Events | 11/8/2018 2019 Newly Funded Events - Community, Recreation & Cultural Events 111 Town of Vail | Commission on Special Events | 11/8/2018 Vail Craft Beer Classic & Rocky Mountain Burger Battle Funded: $70,000 Dates: 6/23 - 6/25 Event Description: •Team Player Productions proposed new event Rocky Mountain Burger Battle to be combined with their 3 rd annual Vail Craft Beer Classic •Date change in 2019 to create separation from GoPro Mountain Games and competitor events Apres Vu Funded: $45,000 Dates: 3/22 – 3/24 Event Description: •To bring world class music and activities to Vail that will attract a mix of young professionals and dynamic families. Music will connect with a broad range of guests from age 18 to 40. •Two nights of world class live music at Ford Park, a Saturday afternoon event on Vail Mountain that is anchored around an event at the base of the Black Forest Ski Race course where a costume ski race will be taking place and a Sunday morning brunch. 2018 Newly Funded Events – CRC Continued… 112 Town of Vail | Commission on Special Events | 11/8/2018 10th Mountain Parade Funded: $24,000 Dates: Three to four events on Fridays beginning January 3 through President’s Weekend Event Description: •Torchlight ski down parade on Friday evenings beginning at 6:30pm. Skiers will be dressed in 10th Mountain Division costumes skiing Pepi’s Face and finishing in the Gondola 1 skier yard. •Ski down will be accompanied with announcers, videos, celebration at the Expriss Lift House, and finish with a parade to the 10th Mountain statue in Slifer Square. 2019 Vail Skating Festival Funded: $20,000 Dates: 12/13 – 12/15 Event Description: •Includes two free skating shows at Arrabelle and Solaris ice rinks •The Ice Spectacular at Dobson Ice Arena will include performances by Olympic and National champions. 2018 Newly Funded Events – CRC Continued… 113 Town of Vail | Commission on Special Events | 11/6/2018 Family Après Ski at Lionshead -Vail Funded: $13,290 Dates: Four to five Saturdays beginning 12/22 Event Description: •Similar to the summer Vail Family Fun Fest, this new event will be free and take place at the Arrabelle on Saturdays from 3:30pm – 5:30pm •This event is targeted to our guests and families as they come off the mountain. There will be kids parades, costumes, storytelling, and more for families to enjoy Roundup River Ranch – Superhero Ski Day Funded: $2,500 Dates: 3/9 Event Description: •Superhero Ski Day raises awareness for Roundup River Ranch, uniting the many people touched by a child with a serious illness. •Individuals and groups compete to raise funds through social media, email and traditional peer to peer fundraising methods. 2018 Newly Funded Events – CRC Continued… 114 Town of Vail | Commission on Special Events | 11/7/2017 Vail Film Festival Funded: $18,000 Dates: 8/23 – 8/25 Event Description: •The Vail Film Festival returns in 2019 shifting from their usual April dates to the need time of late August $20.19 Vail-Beaver Creek Restaurant Week Funded: $15,000 Dates: 5/24 and 9/27 Event Description: •Vail Chamber and Business Association took over operations of the event in 2018 and will continue to run the event in 2019 •New in 2019 is the addition of a second week long restaurant week over Memorial Day Weekend 2018 Newly Funded Events – Education & Enrichment 115 Town of Vail | Commission on Special Events | 11/6/2018 CampSight: An Innovation + Marketing Unconference Funded: $10,000 Dates: 4/10 – 4/12 Event Description: •CampSight is an innovation and marketing camp for outdoor -inspired brands, visionaries and storytellers. It's an "unconference" designed to get people out of the box and into the community •Attendees get connected with each other on the slopes, in the local coffee shops and at the local restaurants and bars •They are inspired through high-level sessions, keynote talks and workshops and l earn new skills to drive results through hands-on, highly interactive workshops, coffee meetups and outdoor activities Global Solutions Forum Funded: $5,000 Dates: 10/16 – 10/18 Event Description: •Inspires high school students through field studies in ethical leadership through partnerships with NGO’s and non-profits working in conditions of poverty 2018 Newly Funded Events – EE Continued… 116 Town of Vail | Commission on Special Events | 11/6/2018 Alpine Journeys: Through the Lens (Colorado Ski Museum) Funded: $5,000 Dates: Begins 12/20 with programming on numerous dates through April Event Description: •Presentations and films include Chris Anthony, Abandoned ski documentary, Dr. Jon Kedroski, and the opening of the Warren Miller exhibit. Project Funway Funded: $4,000 Dates: 2/9 Event Description: •This unconventional fashion event challenges amateur designers to create unique garments out of anything but fabric and send them down a runway to be critiqued by expert judges. The challenge is to raise funds for E•ƒ(ec). 2018 Newly Funded Events – EE Continued… 117 Town of Vail | Commission on Special Events | 11/6/2018 Eagle River Valley Prevention and Family Education (Eagle River Youth Coalition) Funded: $2,500 Dates: Numerous programs between 1/1 and 12/31 Event Description: •The event will support youth prevention education, collaboration, family education, and early intervention services to benefit the lives of Town of Vail residents. •The Eagle River Youth Coalition works with all schools, youth-service providers, mental health providers, local businesses, and law enforcement to ensure that youth needs are met. Looking Ahead: 2018 Strategies & Actions •Review existing event scorecard criteria and event categories for RFP process •Encourage evolution of successful existing events •Address areas for improvement with event producers •Identify additional event needs at the right time •Remain mindful of event attendance volumes •Continue commitment to fund independent, 3rd party surveys for designated events . 118 Town of Vail | Commission on Special Events | 11/7/2017 QUESTIONS? THANK YOU APPENDIX CAMPAIGN AT A GLANCE S E A S O N A L O V E R V I E W 2018 2017 2016 Total Occupancy 47.0% 48.80% 49.00% Sales Tax Revenue $6,742,977 $6,129,055 $5,876,142 Lodging Tax Revenue $699,150 $615,023 $537,602 Average Daily Rate $245 $239 $222 Paid Media Budget $1,024,359 $1,197,348 $1,020,935 Paid Media Impressions Delivered 61M 79M 97M The strategic shift from impressions delivery to engagement has not had a sizable impact on the total occupancy rate for summer. The focused approach has shown a positive relationship to the quality of visitor, with increases in sales & lodging taxes and seasonal ADR in 2018. TOTAL MEDIA IMPRESSIONS & OCCUPANCY M E D I A O V E R V I E W 2018 2017 2016 Paid Media Impressions Delivered 61M 79M 97M Total Occupancy 47.0% 48.8% 49.0% TOTAL MEDIA IMPRESSIONS & SPEND BY DESTINATION M E D I A O V E R V I E W 0 20,000,000 40,000,000 TOTAL IMPRESSIONS $0 $200,000 $400,000 $600,000 $800,000 TOTAL SPEND Destination Front Range YOY DIGITAL IMPRESSIONS BY TACTIC / 2018 2017 2016 Video Purchased 18.2M 17M 4.3M Streaming Audio Purchased 5M 3.2M 5.1M Display Purchased n/a 13M 52M YOY TRADITIONAL IMPRESSIONS BY TACTIC / 2018 2017 2016 TV Impressions (Destination) 8.2M 16.9M 13.6M TV Impressions (Front Range) 18.2M 14.7M 13.7M OOH (Destination) n/a 7.8M 7.8M OOH (Front Range) n/a 7.9M 7.7M National Print n/a 604,000 3.4M Front Range Print n/a 1.8M 4.4M YOY PERFORMANCE / DIGITAL MEDIA Overall Digital Video Cross- platform Video Connected TV Video Paid Social Video VCR Paid Social Video CTR Streaming Audio CTR 2018 88% VCR 86% VCR 98% VCR 85.2% VCR 0.18% CTR 0.30% CTR* 2017 78% VCR 79% VCR 96.5% VCR 75.3% VCR 0.02% CTR 0.19% CTR 2016 75% VCR 75% VCR n/a 14.1% VCR 0.2% CTR 0.35% CTR YOY DIGITAL IMPRESSIONS BY TACTIC / 2018 2017 2016 Video Purchased 18.2M 17M 4.3M Streaming Audio Purchased 5M 3.2M 5.1M Display Purchased n/a 13M 52M YOY TRADITIONAL IMPRESSIONS BY TACTIC / 2018 2017 2016 TV Impressions (Destination) 8.2M 16.9M 13.6M TV Impressions (Front Range) 18.2M 14.7M 13.7M National Print n/a 604,000 3.4M Front Range Print n/a 1.8M 4.4M PUBLIC RELATIONS / CLIP TOTALS COMPARED TO COMP SET Year-to-date totals include: •Aspen 451 •Breckenridge 471 •Park City 98 •Steamboat 121 •Vail 897 PUBLIC RELATIONS / YTD MEDIA/UNPAID INFLUENCER VISITS Nearly 50 media & unpaid influencer visits during the summer season. CREATIVE OVERVIEW / VIDEO / VIDEO / EVENT VIDEO / :15 CULTURE EVENT VIDEO / :15 CULINARY SOCIAL VIDEOS / :08 PARENT SOCIAL VIDEOS / :08 TEEN VIDEO / MEDIA DETAIL / 2018 DIGITAL IMPRESSION DELIVERY / Digital Video 74% Social 24% Influencer* 2% DIGITAL MEDIA SUMMARY / SOCIAL MEDIA Social Video is exceeding the July 2017 VCR performance by +13% :08 Instagram Stories completed with a 0.25% CTR to destination Families and Teenagers– 5x the video benchmark DIGITAL IMPRESSIONS BY TACTIC YOY / 2018 2017 2016 Video Purchased 18.2M 17M 4.3M Video Delivered through July 104%* 61% 46% Streaming Audio Purchased 5M 3.2M 5.1M Streaming Audio Delivered through July n/a n/a 73% Display Purchased n/a 13M 52M Display Delivered through July n/a 86% 85% * At 104% Digital Video delivery for 2018 because we’ve already received 600K+ added value video impressions PAID MEDIA ECOSYSTEM / Mobile Artificial Intelligence Social Media Influencer TV Streaming Radio Digital Video TV / DESTINATION & FRONT RANGE Advanced TV •Set box analysis of mountain travel consumer informs these buys to focus programming on homes with highest concentration of our targets •Advanced Zone cable now includes Satellite (Direct TV/Dish) providing 74%-80% reach to targets Addressable TV •43% of Teen homes have Cable TV •45% of Teen homes with a HHI of $100k+ have Cable TV •These higher income homes are more likely to watch video on demand (VOD) – Index 165 •80% of Addressable TV is delivered within VOD/ Most VOD commercials are non skippable Live Action Sports •Gain rapid early reach •Index 130 – 200+ against target personas •Alignment with well established sporting events/brands TV/ DALLAS & CHICAGO DYNAMIC FAMILIES WITH KIDS 13-17 June Oct July Aug Sept May April Live Action Sports: FIFA Soccer, Other Soccer, NBA Finals, Stanley Cup Finals Addressable TV May - June Late April - July Messages: Brand w/ nonstop or connecting flight mention TV/ DALLAS & CHICAGO SUPER BOOMERS June Oct July Aug Sept May April Live Action Sports: US Open, PGA, British Open, MLB, NFL July - September Messages: Fall w/ nonstop or connecting flight mention TV/ FRONT RANGE DYNAMIC FAMILIES WITH KIDS 13-17 June Oct July Aug Sept May April Live Action Sports: FIFA Soccer, Other Soccer, NBA Finals, Stanley Cup Finals Addressable TV Advanced Cable May - June Late May - August Late May– Early June August Message: Brand Message: Outdoor Adventure w/GoPro Mountain Games Message: Outdoor Adventure w/CO Classic TV/ FRONT RANGE SUPER BOOMERS June Oct July Aug Sept May April Live Action Sports: US Open, PGA, British Open, MLB, NFL Addressable TV July - September Late May– Early June June - August Message: Fall Message: Outdoor Adventure w/GoPro Mountain Games Message: Culture w/Dance Fest/Bravo/Jazz; Outdoor Adventure w/CO Classic; Culinary w/Gourmet on Gore DIGITAL VIDEO DIGITAL VIDEO / HULU •Commercial-like format to extend our TV reach •75% of all delivery is to “living rooms” •Seamless cross-device delivery (TV, mobile, desktop) Dest. Families Front Range DIGITAL VIDEO / YUME •Partnerships with 1500+ premium and lifestyle publishers (e.g., Golf Digest, CNN, Bon Appetit, Fast Company, etc.) •TV-like scale across digital screens •Multi-device solution to engage targeted audiences through video across all screens •Advanced audience segments powered by demographic, behavioral and lifestyle data Dest. Families Super Boomers DIGITAL VIDEO / YOUTUBE •70% of teens spend 1+ hour per day consuming video content on their mobile devices •Targeting keywords, channels and categories where teens spend the most time (e.g., Buzzfeed, NBA, sports & outdoors, arts & entertainment, etc.) •Mirror keyword targeting from paid search campaign Dest. Teens DIGITAL VIDEO / SPOTX •Device agnostic technology allows us to serve short-form video across desktop, mobile/tablet, and connected TV •Using demographic and lifestyle targeting to reach teens across all screens •Deliver content on sites where our teens are spending the most time online (e.g., Spotify, Vevo, SlingTV, DirecTV Now, in- app games, etc.) Dest. Teens STREAMING AUDIO STREAMING AUDIO •With 53% of our audience streaming weekly, internet radio is a lifestyle •The 50-to-64-year old age group spends more time on their mobile phones than they do with traditional radio •We will meet our audience where they are spending their time – on their digital devices Super Boomers MOBILE ARTIFICIAL INTELLIGENCE (AI) MOBILE ARTIFICIAL INTELLIGENCE (AI) •Target audiences based on what they’re sharing, how they’re feeling and where they’re going •Reach users through conversations and images they're posting on social media •Engage audiences in a relevant and emotional way •Leveraging keywords from the PPC campaign to fuel targeting Dest. Families Front Range PAID SOCIAL PAID SOCIAL / FACEBOOK + INSTAGRAM •Leverage short-form video, carousel, canvas and Instagram Stories •Hyper-target the destination and Front Range audiences through demo, geo and interest targeting Dest. Families Super Boomers Front Range INFLUENCER INFLUENCER / OBVIOUSLY •Leverage their influencer marketing platform to identify the most influential brand ambassadors •Create custom programs and content by influencer •Robust reporting on performance and engagement at the campaign and influencer level Dest. Families Front Range EMAIL PERFORMANCE / SEND-LEVEL SEND DATE April 25 May 7 May 14 June 19 July 25 AUDIENCE/SEGME NT Winter Test Super Boomers Test Teen Test Families with Teen Test Colorado Locals OPEN RATE 18.37% NA NA 16.65% 19.5% OPEN TO CLICK RATE (OTCR) NA NA NA 8.18% 7.1% CLICK THROUGH RATE (CTR) 1.28% - 5.06% + .14% 1.35% 1.4% UNSUBSCRIBE RATE .09% - .21% - .22% .021% .05% 166 ORGANIC SOCIAL – BRAND HIGHLIGHTS TOP PERFORMING CONTENT: IMPS. ENGAGEMENTS ENGAGEMENT RATE Summer Back Bowl Views 152,830 11,381 13.4% Summer Sunsets like this are right around the corner! 117,383 7,265 16.1% It’s Autumn, don’t forget to look up.. 116,205 6,892 16.8% Our neck of the woods is looking beautiful.. 114,849 6,587 17.4% Moose crossing! 102,719 5,924 17.3% Data: 5/1/18-10/1/18 167 ORGANIC SOCIAL – EVENT HIGHLIGHTS TOP PERFORMING CONTENT: IMPS. ENGAGEMENTS ENGAGEMENT RATE Sunshine and Shavasana 91,839 3,030 30.3% Rocky Dog Trail Run (GoPro Mtn Games) 82,591 2,607 31.6% Colorado Classic 77,931 2,523 30.8% Vail Craft Beer Classic 76,907 1,852 41.5% Data: 5/1/2018-10/1/2018 168 ORGANIC SOCIAL – VIDEO HIGHLIGHTS TOP PERFORMING CONTENT: IMPS. ENGAGEMENTS ENGAGEMENT RATE A Day in the Life of one Happy Puppy in Vail 128,029 7,832 16.3% Plenty of Gold on Vail- Mountain Bike 122,584 6,541 18.7% Reasons to love #VailSummer 84,900 3,045 27.8% The Grand Traverse trail is now open! 82,682 2,854 28.9% Data: 5/1/2018-10/1/2018 169 EMAIL – APRIL CREATIVE April 25 170 EMAIL – MAY CREATIVE May 7 171 EMAIL – MAY CREATIVE May 14 172 EMAIL – JULY CREATIVE June 19 173 EMAIL – JULY CREATIVE July 25 VAIL RESTAURANT WEEK (ADD’L SLIDES) 2019 MARKETING PLAN AND BUDGET •EXPAND MARKETING PLAN FROM $15K - $40K –TV: •TV8 •Cable in Denver •:30 Production Shoot Needed for Video Promos for Online Content and TV •Travel to Denver for New Interviews –Print: •Vail Daily •Vail Weekly •Westword •5280 Magazine –Radio: •Denver •Vail/Summit –Online Ads: •Facebook/Instagram •Variety of Digital Media –Signage: •Posters •In town banners •Round about banners •Town of Vail Bus Signage •Denver Out of Home 2019 MARKETING PLAN AND BUDGET –Marketing Collateral: •Coasters •Check Presenters •Postcards mailed to 2nd homeowners –PR & Cross-Promotion: •We have identified the following as further opportunities for cross-promotional consideration: Concerts at Ford Amphitheater, Farmer's Market, Gourmet on Gore, Vail Jazz, Vail International Dance Festival, Colorado Grand, BBB, Oktoberfest, and Open Table •Hire PR Firm to write and release press releases •We would also like to offer $81.50 special next year so that our fine dining restaurants can offer more specials