Loading...
HomeMy WebLinkAbout2012 Hot Summer Nights RecapEvent Recap: Hot Summer Nights Commission on Special Events October 3, 2012 Photo by Jack Affleck Event Title: Tuesdays, June 12- August 21 Vail Valley Foundation, Jennifer Mason Office: 970.777.2015 Mobile: 970.470.0001 jmason@vvf.org 2 Town of Vail | CSE | 10/03/12 Vail Brand Compatibility “Premier International Mountain Resort Community” 3 Town of Vail | CSE | 10/03/12 Standard of excellence met by: •Performers of National Caliber entertainment •Consistent, free, high quality entertainment for both locals and tourists in the prime summer months of Vail •Offers a variety of musical genres •Sets Vail apart from other resort based mountain communities Event Strengths & Weaknesses 4 Town of Vail | CSE | 10/03/12 •Weakness of Hot Summer Nights are lack of attendees, early in the evening. •Looking to do drink and food specials pre concert •More widely known performers •Parking is the number one complaint of attendees (availability and cost) •Signage to venue •Strength of event: •Consistent, fun opportunity for locals to gather •Unexpected, welcome event for out-of-town visitors Event Budget 5 Town of Vail | CSE | 10/03/12 •Total event budget: $550,000 •CSE funds: $27,500 •Profit and loss: -$18,750 •Funding utilization: •In-kind sponsorship: $2,800 (police attendance at venue) •Cash sponsorship: $522,500 Estimated Results* Attendance Numbers 6 Town of Vail | CSE | 10/03/12 * Based on survey results. •Estimated attendance: •2012= 32,716 •% of people in Vail specifically for event •56% of attendees, came to Vail for HSN (out of state guests only) •% of people attended previous years: •2011 = 33,123 Estimated Results* Demographic Profile 7 Town of Vail | CSE | 10/03/12 •Attendees came from (local, regional, out of state, international): •76% local •2% In state day •10% In state overnight •13% Out of state •Average age and income bracket of attendees: Average age is 46 years and 40% of attendees have an income bracket of $100K- $199K. * Based on survey results. Estimated Results* Event Attendee Estimated Spending 8 Town of Vail | CSE | 10/03/12 •Lodging: •% attendees stayed in Town of Vail: 69% •Average amount spent on lodging/day: $160 •Estimated room nights booked due to event association: 1,772 •Lodging call to action: •Dining: We estimate that the amount spent over the nine HSN shows was $830,093 •Shopping: We estimate that the amount spent over the nine HSN shows was $423,823 •Other Activities: We estimate that the amount spent over the nine HSN shows was $287,721 * Based on survey results. Estimated Return on Investment (ROI)* 9 Town of Vail | CSE | 10/03/12 •Additional Town of Vail spending event generated: $1,545,637 •Ratio of increased revenue to amount of funding received: 56% •Additional sales tax revenue generated by event accrued to Town of Vail:** •Sales tax revenue- $61,825.48 •Lodging tax revenue- $14,188.45 * Based on survey results. ** Town of Vail sales tax = 4%. Lodging tax = 5% Visitor Intent to Return* 10 Town of Vail | CSE | 10/03/12 Satisfaction ratings: •On average, 86% of attendees ‘Very’ or ‘Extremely likely’ to return in the future •On average, 69% of first time attendees are ‘Very’ or ‘Extremely likely’ to return in the future * Based on survey results. Topline Marketing Efforts 11 Town of Vail | CSE | 10/03/12 •Editorial and ad placements with local Vail Valley print, TV and radio partners •Posters, flyers and other collateral distributed throughout Vail and the Valley •Social/digital efforts (Facebook, Twitter, digital ads) to expand footprint of exposure beyond physical attendees •VVF booth presence, email/data collection and surveying to interact with and better understand attendees’ preferences and interests Community Contribution Hot Summer Nights is a place to see and catch up with old friends 12 Town of Vail | CSE | 10/03/12 •Impact on Vail’s sense of community: •Hot Summer Nights, sets our community apart from others. Free concert series like HSN have become a beloved part of the summer lifestyle in Vail. People have busy lives; work, personal interests, families, etc and it is hard to stay connected….HSN is a place to see and catch up with old friends. •Our community is diverse; diverse in age, interests and income levels, to name just a few. HSN serves an important and growing demographic group just as the Vail Intl Dance Festival serves equally well an older, more affluent demographic of our community. •Bud Light Hot Summer Nights has proven once again that it is THE social event of the summer, turning the Gerald R. Ford Amphitheater into the weekly gathering spot for guests and locals alike. Annually recognized as the premiere free concert series in the valley, Hot Summer Nights is a tremendous free benefit for the community and tourists, and something everyone looks forward to summer after summer in Vail. Sustainability Efforts Green Measures 13 Town of Vail | CSE | 10/03/12 •HSN – recycles all paper, cardboard, plastic and aluminum items at the GRFA. •Concessions uses utensils made from plant based materials. •All paper products used in the restroom facilities are made of 100% recycled materials •Whenever possible sanitation products used at GRFA are environmentally friendly. Additional Information 14 Town of Vail | CSE | 10/03/12 Additional documents attached to presentation: No documents to attach.