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HomeMy WebLinkAbout1.b. 2012 events - 8 graph summary - sorted by economic impact - final 2012 TOV Event Research Summary (RRC 3/4/2013) $1 0 , 2 0 8 , 2 4 2 $9 , 7 5 3 , 6 8 4 $4 , 8 1 0 , 2 4 1 $4 , 6 5 2 , 0 9 6 $3 , 7 8 2 , 5 1 0 $3 , 5 8 2 , 6 9 9 $3 , 4 7 7 , 1 4 1 $2 , 4 9 4 , 1 8 6 $2 , 3 8 8 , 7 6 9 $2 , 3 0 3 , 1 0 8 $2 , 3 0 2 , 3 1 0 $2 , 2 9 5 , 3 3 5 $2 , 1 7 5 , 0 1 9 $1 , 9 9 1 , 9 6 0 $1 , 4 8 9 , 1 0 6 $1 , 3 7 1 , 9 8 1 $1 , 1 9 5 , 0 8 0 $7 7 5 , 2 8 8 $7 3 7 , 3 3 7 $6 7 5 , 6 7 0 $6 1 7 , 4 8 6 $4 9 7 , 1 8 3 $2 7 2 , 1 7 9 $2 0 0 , 4 6 4 $1 9 2 , 9 4 2 $1 3 4 , 4 7 7 $5 9 , 4 6 0 $3 2 , 3 3 0 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 $11,000,000 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a Da y s La c r o s s e S h o o t - ou t Br a v o ! M u s i c Fe s t i v a l 3v 3 S o c c e r To u r n a m e n t Ho l i D a z e Te v a M t n G a m e s (S u m m e r ) Bu d L i g h t S t r e e t Be a t In t e r n a t i o n a l Da n c e F e s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / Pa r t y Go u r m e t o n G o r e Sp r i n g B a c k t o Va i l Ar t s F e s t i v a l Ki n g o f t h e Mo u n t a i n V -ba l l Ho t S u m m e r Ni g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p (s o c c e r ) Va i l R e s t a u r a n t Mo n t h Sa t u r d a y Af t e r n o o n C l u b Ki d s A d v e n t u r e Ra c e Th e A m e r i c a C u p (f l y f i s h i n g ) So u l M u s i c Fe s t i v a l Co l o r a d o G r a n d (a u t o ) To u r o f V a i l Cy c l i n g Li v i n g a t Y o u r Pe a k Gr a n F o n d o (b i k i n g ) Di r e c t E c o n o m i c I m p a c t Estimated direct economic impact to TOV Farmers Market $24.5M @140K attendance Farmers Market $18.4M @105K attendance Overall average=$3.1 million (if F. Mkt @ $24.5M) $144 $216 $142 $192 $89 $178 $291 $125 $215 $96 $322 $100 $251 $177 $95 $179 $118 $50 $185 $113 $116 $175 $235 $271 $152 $165 $112 $242 $122 $166 $0 $50 $100 $150 $200 $250 $300 $350 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r T o u r n a m e n t Ho l i D a z e Te v a M t n G a m e s ( S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e F e s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / P a r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V -ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p ( s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n C l u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p ( f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L E V E N T S Sp e n d i n g f o r Y o u r s e l f O n l y T o d a y a n d To n i g h t i n V a i l Total amount you will spend today and tonight in TOV* Mean *TOV full-time and seasonal residents: spending during the event timeframe only. Overall average=$166 60% 49% 53% 83% 33% 89% 35% 51% 43% 49% 40% 34% 70% 47% 27% 57% 81% 24% 47% 63% 30% 77% 40% 70% 60% 39% 34% 18% 45% 50% 8% 16% 7% 3% 7% 4% 16% 11% 8% 12% 1% 19% 4% 11% 6% 7% 3% 3% 5% 21% 6% 13% 7% 9% 9% 21% 16% 4% 14% 9% 11% 4% 13% 3% 17% 6% 4% 9% 6% 4% 10% 4% 12% 11% 2% 12% 1% 3% 8% 9% 6% 7% 2% 6% 3% 18% 3% 8% 8% 21% 16% 2% 21% 2% 19% 5% 14% 12% 22% 21% 5% 19% 30% 16% 14% 7% 13% 26% 4% 29% 16% 14% 18% 32% 39% 15% 15% 13% 10% 10% 9% 22% 26% 24% 29% 23% 26% 22% 8% 12% 34% 8% 15% 55% 33% 4% 30% 17% 2% 11% 18% 18% 21% 23% 19% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r To u r n a m e n t Ho l i D a z e Te v a M t n G a m e s (S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e Fe s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / Pa r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V-ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p (s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n Cl u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p (f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L EV E N T S Pe r c e n t o f R e s p o n d e n t s Visitor type Overnight visitor to the region Day visitor to Vail Seasonal resident of Vail Valley Full-time downvalley resident Full-time resident of Town of Vail $1 1 6 , 0 0 0 $9 0 , 0 0 0 $1 4 6 , 0 0 0 $1 4 2 , 0 0 0 $1 5 5 , 0 0 0 $1 3 0 , 0 0 0 $7 6 , 0 0 0 $8 3 , 0 0 0 $8 1 , 0 0 0 $1 0 9 , 0 0 0 $1 6 0 , 0 0 0 $8 1 , 0 0 0 $1 4 1 , 0 0 0 $1 3 6 , 0 0 0 $3 9 , 0 0 0 $1 1 3 , 0 0 0 $8 3 , 0 0 0 $5 2 , 0 0 0 $1 0 7 , 0 0 0 $1 3 5 , 0 0 0 $1 3 1 , 0 0 0 $1 3 7 , 0 0 0 $8 8 , 0 0 0 $1 2 2 , 0 0 0 $1 0 8 , 0 0 0 $7 5 , 0 0 0 $7 5 , 0 0 0 $1 7 5 , 0 0 0 $9 5 , 0 0 0 $1 0 5 , 0 0 0 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 $200,000 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r T o u r n a m e n t Ho l i D a z e Te v a M t n G a m e s (S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e Fe s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / P a r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V - ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p ( s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n C l u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p (f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L E V E N T S In t e r p o l a t e d M e d i a n H o u s e h o l d I n c o m e Median annual household income (interpolated) Overall median=$105,000 $3 4 , 0 0 0 $5 0 , 0 0 0 $6 5 , 0 0 0 $1 0 , 0 0 0 $1 9 2 , 5 0 0 $3 5 , 2 4 0 $5 0 , 0 0 0 $1 0 5 , 0 0 0 $2 5 , 0 0 0 $4 5 , 0 0 0 $2 0 , 0 0 0 $5 0 , 0 0 0 $5 0 , 6 0 0 $5 5 , 0 0 0 $3 4 , 0 0 0 $1 0 , 0 0 0 $4 , 0 0 0 $2 7 , 5 0 0 $5 0 , 0 0 0 $2 , 0 0 0 $5 5 , 0 0 0 $2 0 , 0 0 0 $5 , 0 0 0 $5 , 0 0 0 $4 5 , 0 0 0 $2 , 0 0 0 $5 0 , 0 0 0 $3 5 , 0 0 0 $2 6 , 6 6 6 $3 9 , 9 4 8 $0 $50,000 $100,000 $150,000 $200,000 $250,000 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r T o u r n a m e n t Ho l i D a z e Te v a M t n G a m e s ( S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e F e s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / P a r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V -ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p ( s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n C l u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p (f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L E V E N T S Ev e n t F u n d i n g 2012 event funding from CSE / VLMD / TOV Town Council Overall average=$39,948 4.9 7.8 7.4 8.9 8.0 9.7 3.6 7.8 5.1 8.0 6.5 6.8 5.8 5.1 8.0 4.8 9.5 5.8 8.0 9.6 4.8 3.1 6.7 8.6 6.0 5.9 5.5 5.8 6.1 6.7 0 1 2 3 4 5 6 7 8 9 10 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r T o u r n a m e n t Ho l i D a z e Te v a M t n G a m e s ( S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e F e s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / P a r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V -ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p ( s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n C l u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p ( f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L E V E N T S Av e r a g e I m p o r t a n c e (0 = N o n e / 5 = H a l f m y r e a s o n f o r c o m i n g / 1 0 = M y o n l y re a s o n f o r c o m i n g ) How important was this event in your decision to visit Vail this trip? (TOV full-time residents excluded) Overall average=6.7 8.8 8.1 9.2 9.1 9.8 8.8 6.6 8.6 9.7 8.6 8.5 8.9 7.6 8.8 9.3 8.6 8.2 7.7 9.2 9.3 9.1 9.0 7.6 8.2 8.1 8.6 0 1 2 3 4 5 6 7 8 9 10 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r T o u r n a m e n t Ho l i D a z e Te v a M t n G a m e s ( S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e F e s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / P a r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V -ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p ( s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n C l u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p ( f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L E V E N T S Av e r a g e L i k e l i h o o d t o R e c o m m e n d E v e n t (0 = N o t a t a l l l i k e l y / 5 N e u t r a l / 1 0 = E x t r e m e l y l i k e l y ) Likelihood of recommending this event to a friend or family member Not asked for four events Overall average=8.6 140,000 55,000 35,000 23,617 57,297 15,000 50,000 43,889 14,000 18,000 8,000 31,000 13,850 22,500 30,000 15,149 6,660 32,716 5,071 7,500 12,000 4,320 2,660 850 1,874 2,050 2,521 423 466 22,463 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 Fa r m e r s M a r k e t Sn o w D a z e Va i l A m e r i c a D a y s La c r o s s e S h o o t -ou t Br a v o ! M u s i c F e s t i v a l 3v 3 S o c c e r T o u r n a m e n t Ho l i D a z e Te v a M t n G a m e s (S u m m e r ) Bu d L i g h t S t r e e t B e a t In t e r n a t i o n a l D a n c e Fe s t i v a l Ta s t e o f V a i l Ok t o b e r f e s t Ja z z : F e s t / F M k t / P a r t y Go u r m e t o n G o r e Sp r i n g B a c k t o V a i l Ar t s F e s t i v a l Ki n g o f t h e M o u n t a i n V - ba l l Ho t S u m m e r N i g h t s Va i l F i l m F e s t i v a l VV C h l l n g e C u p ( s o c c e r ) Va i l R e s t a u r a n t M o n t h Sa t u r d a y A f t e r n o o n C l u b Ki d s A d v e n t u r e R a c e Th e A m e r i c a C u p (f l y f i s h i n g ) So u l M u s i c F e s t i v a l Co l o r a d o G r a n d ( a u t o ) To u r o f V a i l C y c l i n g Li v i n g a t Y o u r P e a k Gr a n F o n d o ( b i k i n g ) OV E R A L L - AL L E V E N T S At t e n d a n c e Attendance (per Recaps, with RRC Adjustments for Some Events) RRC adjusted attendance Overall average=22,463