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HomeMy WebLinkAboutVail Econ Grid & Summary Winter 2014.15 FINAL Attachment: Vail Economic Indicators Table Town of Vail Economic Indicators Summary (Based on data as of April 30, 2015) INTRODUCTION: This summary is provided as a part of the Town of Vail 2015 Economic Development Strategic Plan and introduces a summary report of Vail Economic Indicators representing a winter 14/15 (November – April) seasonal view and is supported by a more granular chart (attached). It is published twice annually, as soon as practical after the data has become available, is limited in scope by the availability of data from secondary sources, and thought to be generally accurate but not independently verified. Tourism Vail’s 2014/15 winter season experienced growth in most tourism indicators. During the 2014/15 winter season, Vail experienced negligible increase in occupancy (+0.2%) but saw a significant increase in the average daily rate (+11.0%) resulting in an increase in revenue per available room (+11.0%). This increase in average daily rate (to $492) represents the highest since this measurement system was established. Occupancy, which had been consistently increasing since the recession of the 2008/09 season, has flattened out. According to Vail’s Daily Occupancy Report (produced by DestiMetrics), roughly 100 days or 55.2% of the winter season were at an occupancy of 70% or higher with many weekends at an occupancy between 85% and 95%. This represents a limited supply of inventory to accommodate demand, which drove up rates. Comparatively other U.S. western mountain resorts (based on overall DestiMetrics industry data), increased both occupancy (+5.3%) and rate (+5.6%) similarly and achieved a total revenue per available room (+11.2%), similar to Vail’s increase (+11.0%). The end resulting revenues were similar, although achieved differently. Other metrics to note are snowfall, which decreased (-24.2%) in town and (-11.3%) on-mountain, which did not seem to have much of an impact destination tourism indicators, but may have impacted skier/boarder visitation. Gasoline prices declined significantly but had little effect on drive traffic, which can be seen from the very small increase in Tunnel Traffic (+1.8%). Deplanements at Eagle County Regional Airport, which had seen declining flights and capacity in recent years, increased slightly (+1.5%) over last season. A variety of special events took place during the winter months, with overall attendance and participation increasing significantly due to the 2015 FIS World Alpine Ski Championships. While ski races did not take place in Vail, nightly concerts and various events held in Vail had a very positive effect on visitation to Vail. Other ongoing events have been subject to inconsistent measurement methods from year to year and therefore year over year comparisons are of little merit. Real Estate This season’s real estate indicators show a significant increase in number of transactions (+12.9%) and a dramatic decrease in average sale price per transaction (-22.0%) with total gross sales decreasing (-8.0%). Average price per square foot was basically static (-0.4%) reflecting a demand for lower priced homes rather than the high end property sales that were seen in the past. Very few newly constructed dwelling, hotel/accommodation or fractional fee units were completed in 2014. Town Revenues Sales Tax is segmented by business type (retail, lodging and food/beverage) and further broken down geographically by Vail neighborhoods. Excluding out of town collections, all segments combined showed a strong increase in overall winter sales tax revenue (+11.5%) following the previous winter season’s sales tax revenue, which had increased (+11.7%). Specifically, lodging (+8.5%) and retail sales tax collections (+8.1%) each saw a higher year over year increase than food and beverage (+4.8%). When segmented by neighborhood, Vail Village experienced larger increases overall (+9.9%) compared to Lionshead (+4.5%) and Cascade/Sandstone/East & West Vail (+4.1%). A study conducted by DestiMetrics shows that the average of taxable sales at comparable ski towns was also up season-over-season although with slightly smaller increases in both lodging sales (+5.7%) and total taxable sales (+11.2%) based on data as of the end of March. Other Tax Collections by the Town of Vail include construction use tax, property tax and real estate transfer tax and are reported on a calendar-year basis. As a result, these taxes do not correlate with the seasonal indicators above. Construction use tax showed a significant increase in 2014 from 2013 (+32.5%). Real estate transfer tax collections also increased significantly in 2014 from 2013 (+44.9%). In 2014, property taxes increased (3.1%) from 2013. Attachment: Vail Economic Indicators Table Town Reserves as measured by General Fund Balances remain healthy at $19.6 million, a +20.0% increase over the previous year. Business Growth Business Growth is based on broader county and national indicators, many of which are tracked on an annual basis, lag significantly and have just been updated for the 2014 calendar year. While not as current and telling of the current market conditions, the Business Growth indicators show a steadying economy as evidenced by unemployment in Eagle County, which experienced a significant decrease, from 6.8% to 4.2%. The number of employed persons in Eagle increased in 2014 from 2013 by +10.2%. Also, the total 2014 amount of banking deposits (USD) increased from 2013 (+8.6%). Macro Economics The broader economic conditions have a significant impact on determining consumers’ discretionary spending and leisure habits, which in turn significantly impact Vail’ economic performance. Though there are global challenges, nationally and regionally, economic conditions have been favorable these past several years and a positive influence in winter 14/15. Among positive anomalies is a significant drop in Oil prices, while the strength of the US dollar may be creating both consumer and travel disruptions. (1) Consumer Confidence has spent the past six months higher than any time since 2007 and crested 100 points twice since January 2015. Confidence is being driven by job gains and stable financial markets. Strong confidence is evident in record room rates, retail spending and booking lead times in the travel industry. (2) Job Creation & Unemployment represent the strongest pistons in the economic / consumer engine. Employers have added an average of 263,000 jobs over the past six months and unemployment is at 5.5%. Additionally, long-stagnant wages are on the rise helping support increased spending. (3) Wall Street and other domestic financial markets have slowed their pace and settled into a more stable pattern of gain / loss. Overall, financial markets are trending alongside job creation and consumerism, but there is some concern about over-valuation on financial markets, creating some risk exposure. (4) Gross Domestic Product increased 2.2% in Q4 of 2014, a reflection of the strong job, financial and consumer sectors of the economy, though it was followed in Q1 of 2015 by a -0.2% decrease as weather hindered domestic production and consumerism. This decline was not unexpected and did not have in impact on the travel segment of the economy. (5) Conclusion: Though the domestic economy is sound for the upcoming six months, the US relationship to global markets is overpowering, resulting in a currency disparity making domestic markets unappealing to foreign investors (i.e. – international travelers) and at the same time enticing domestic travelers to take advantage of opportunities abroad. This ‘travel export deficit’ may be the next challenge to the tourism industry for the balance of 2015. This foundational data set and summary will be further updated and expanded upon twice annually, taking its place among the tools available to better inform the Town staff, its various committees and the public it serves. Ralf Garrison Director and Senior Analyst DestiMetrics LLC Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Indicator Source Focus Study Report Date ('04-'05)Data ('04-'05)Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('14-'15)Data ('14-'15) Winter (November '04 - April '05)N/A Winter (November '05 - April '06)59.6%Winter (November '06 - April '07)60.3%Winter (November '07 - April '08)58.6%Winter (November '08 - April '09)52.1%Winter (November '09 - April '10)54.7%Winter (November '10 - April '11)55.2%Winter (November '11 - April '12)54.5%Winter (November '12 - April '13)54.9%Winter (November '13 - April '14)57.5%Winter (November '14 - April '15)57.6% Summer (May '05 - October '05)39.1%Summer (May '06 - October '06)38.4%Summer (May '07 - October '07)39.4%Summer (May '08 - October '08)38.0%Summer (May '09 - October '09)33.5%Summer (May '10 - October '10)35.1%Summer (May '11 - October '11)38.5%Summer (May '12 - October '12)40.1%Summer (May '13 - October '13)41.5%Summer (May '14 - October '14)43.0%Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)N/A Winter (November '05 - April '06)$363 Winter (November '06 - April '07)$376 Winter (November '07 - April '08)$407 Winter (November '08 - April '09)$384 Winter (November '09 - April '10)$353 Winter (November '10 - April '11)$374 Winter (November '11 - April '12)$398 Winter (November '12 - April '13)$415 Winter (November '13 - April '14)$443 Winter (November '14 - April '15)$492 Summer (May '05 - October '05)$142 Summer (May '06 - October '06)$158 Summer (May '07 - October '07)$155 Summer (May '08 - October '08)$155 Summer (May '09 - October '09)$146 Summer (May '10 - October '10)$151 Summer (May '11 - October '11)$163 Summer (May '12 - October '12)$169 Summer (May '13 - October '13)$173 Summer (May '14 - October '14)$190 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)Not available Winter (November '05 - April '06)Not available Winter (November '06 - April '07)Not available Summer (May '05 - October '05)Not available Summer (May '06 - October '06)Not available Summer (May '07 - October '07)Not available Vail Recreation District Visitors to the Vail Golf Course Summer (May '05 - October '05)23,000 Summer (May '06 - October '06)22,300 Summer (May '07 - October '07)24,600 Summer (May '08 - October '08)24,993 Summer (May '09 - October '09)23,414 Summer (May '10 - October '10)23,332 Summer (May '11 - October '11)21,963 Summer (May '12 - October '12)25,000 Summer (May '13 - October '13)24,681 Summer (May '14 - October '14)24,187 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)332,424 Winter (November '05 - April '06)325,972 Winter (November '06 - April '07)342,417 Winter (November '07 - April '08)350,896 Winter (November '08 - April '09)288,307 Winter (November '09 - April '10)324,979 Winter (November '10 - April '11)343,896 Winter (November '11 - April '12)319,223 Winter (November '12 - April '13)335,151 Winter (November '13 - April '14)344,978 Winter (November '14 - April '15)481,875* Summer (May '05 - October '05)Not available Summer (May '06 - October '06)Not available Summer (May '07 - October '07)Not available Summer (May '08 - October '08)Not available Summer (May '09 - October '09)297,349 Summer (May '10 - October '10)312,603 Summer (May '11 - October '11)645,725 Summer (May '12 - October '12)Not available Summer (May '13 - October '13)347,451 Summer (May '14 - October '14)Not Available Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)181,275 Winter (November '05 - April '06)176,716 Winter (November '06 - April '07)174,085 Winter (November '07 - April '08)184,505 Winter (November '08 - April '09)182,028 Winter (November '09 - April '10)187,045 Winter (November '10 - April '11)179,971 Winter (November '11 - April '12)167,682 Winter (November '12 - April '13)173,777 Winter (November '13 - April '14)173,967 Winter (November '14 - April '15)269,587* Summer (May '05 - October '05)Not available Summer (May '06 - October '06)Not available Summer (May '07 - October '07)Not available Summer (May '08 - October '08)Not available Summer (May '09 - October '09)218,482 Summer (May '10 - October '10)221,233* (VVMC Parking Lot Closed) Summer (May '11 - October '11)463,139 Summer (May '12 - October '12)Not available Summer (May '13 - October '13)153,566 Summer (May '14 - October '14)Not Available Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)4,712 Winter (November '05 - April '06)9,406 Winter (November '06 - April '07)N/A Winter (November '07 - April '08)5,947 Winter (November '08 - April '09)7,836 Winter (November '09 - April '10)7,795 Winter (November '10 - April '11)1,675 Winter (November '11 - April '12)2,074 Winter (November '12 - April '13)4,401 Winter (November '13 - April '14)3,270 Winter (November '14 - April '15)1,290 Summer (May '05 - October '05)JULY 4TH Summer (May '06 - October '06)JULY 4TH Summer (May '07 - October '07)JULY 4TH Summer (May '08 - October '08)JULY 4TH Summer (May '09 - October '09)JULY 4TH Summer (May '10 - October '10)4,853 Summer (May '11 - October '11)3,072 Summer (May '12 - October '12)Not available Summer (May '13 - October '13)2,294 Summer (May '14 - October '14)Not Available Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)43/VV 13/LH Winter (November '05 - April '06)45/VV 27/LH Winter (November '06 - April '07)66/VV 31/LH Winter (November '07 - April '08)58/VV 25/LH Winter (November '08 - April '09)50/VV 25/LH Winter (November '09 - April '10)40/VV 20/LH Winter (November '10 - April '11)7/VV 7/LH Winter (November '11 - April '12)8/VV 7/LH Winter (November '12 - April '13)10 Winter (November '13 - April '14)7 Winter (November '14 - April '15)16/VV 5/LH Both full = 5 Summer (May '05 - October '05)JULY 4TH Summer (May '06 - October '06)JULY 4TH Summer (May '07 - October '07)JULY 4TH Summer (May '08 - October '08)JULY 4TH Summer (May '09 - October '09)JULY 4TH Summer (May '10 - October '10)21/VV 14/LH Summer (May '11 - October '11)15/VV 9/LH Summer (May '12 - October '12)Not available Summer (May '13 - October '13)14/VV 6/LH Summer (May '14 - October '14)Not Available Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)9,007,732 Winter (November '05 - April '06)10,894,042 Winter (November '06 - April '07)11,359,350 Winter (November '07 - April '08)12,005,377 Winter (November '08 - April '09)11,612,990 Winter (November '09 - April '10)11,848,627 Winter (November '10 - April '11)12,421,502 Winter (November '11 - April '12)12,618,182 Winter (November '12 - April '13)12,337,722 Winter (November '13 - April '14)11,140,387 Winter (November '14 - April '15)12,430,716 Summer (May '05 - October '05)11,561,666 Summer (May '06 - October '06)12,639,845 Summer (May '07 - October '07)13,237,818 Summer (May '08 - October '08)13,600,079 Summer (May '09 - October '09)13,517,792 Summer (May '10 - October '10)13,974,281 Summer (May '11 - October '11)14,117,198 Summer (May '12 - October '12)14,213,370 Summer (May '13 - October '13)13,895,694 Summer (May '14 - October '14)13,803,008 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)175,641 Winter (November '05 - April '06)180,086 Winter (November '06 - April '07)179,620 Winter (November '07 - April '08)181,602 Winter (November '08 - April '09)173,333 Winter (November '09 - April '10)166,409 Winter (November '10 - April '11)161,847 Winter (November '11 - April '12)147,121 Winter (November '12 - April '13)138,583 Winter (November '13 - April '14)131,323 Winter (November '14 - April '15)133,304 Summer (May '05 - October '05)39,779 Summer (May '06 - October '06)37,750 Summer (May '07 - October '07)48,043 Summer (May '08 - October '08)37,300 Summer (May '09 - October '09)8,434 (airport was closed May - Aug.) Summer (May '10 - October '10)37,760 Summer (May '11 - October '11)32,418 Summer (May '12 - October '12)26,626 Summer (May '13 - October '13)29,162 Summer (May '14 - October '14)29,737 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)Not available Winter (November '05 - April '06)Not available Winter (November '06 - April '07)20,004 Winter (November '07 - April '08)18,051 Winter (November '08 - April '09)20,949 Winter (November '09 - April '10)17,483 Winter (November '10 - April '11)16,323 Winter (November '11 - April '12)17,757 Winter (November '12 - April '13)22,635 Winter (November '13 - April '14)16,818 Winter (November '14 - April '15)19,055 Summer (May '05 - October '05)Not available Summer (May '06 - October '06)25,032 Summer (May '07 - October '07)22,658 Summer (May '08 - October '08)26,098 Summer (May '09 - October '09)24,774 Summer (May '10 - October '10)24,168 Summer (May '11 - October '11)26,132 Summer (May '12 - October '12)26,142 Summer (May '13 - October '13)19,640 Summer (May '14 - October '14)16,850*Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)Not available Winter (November '05 - April '06)Not available Winter (November '06 - April '07)14,319 Winter (November '07 - April '08)12,575 Winter (November '08 - April '09)11,576 Winter (November '09 - April '10)10,616 Winter (November '10 - April '11)6,972 Winter (November '11 - April '12)8,689 Winter (November '12 - April '13)29,225 Winter (November '13 - April '14)13,582 Winter (November '14 - April '15)20,635 Summer (May '05 - October '05)Not available Summer (May '06 - October '06)31,103 Summer (May '07 - October '07)25,340 Summer (May '08 - October '08)19,319 Summer (May '09 - October '09)18,000 Summer (May '10 - October '10)17,237 Summer (May '11 - October '11)18,307 Summer (May '12 - October '12)27,883 Summer (May '13 - October '13)16,512 Summer (May '14 - October '14)21,359 Summer (May '15 - October '15)Not Available *Vail Village Welcome Center closed for construction on August 15 for the duration of the summer. The operation moved to the Transit Center OnTheSnow.com On Vail Mountain - Measured in inches Winter (November '04 - April '05)Not available Winter (November '05 - April '06)Not available Winter (November '06 - April '07)Not available Winter (November '07 - April '08)Not available Winter (November '08 - April '09)393 Winter (November '09 - April '10)271 Winter (November '10 - April '11)459 Winter (November '11 - April '12)172 Winter (November '12 - April '13)288 Winter (November '13 - April '14)264 Winter (November '14 - April '15)234 Town of Vail Public Works Department In Town of Vail - Measured in inches Winter (November '04 - April '05)185 Winter (November '05 - April '06)244 Winter (November '06 - April '07)171 Winter (November '07 - April '08)300 Winter (November '08 - April '09)211 Winter (November '09 - April '10)174 Winter (November '10 - April '11)262 Winter (November '11 - April '12)112 Winter (November '12 - April '13)185 Winter (November '13 - April '14)227 Winter (November '14 - April '15)172 Winter (November '04 - April '05)3,611,648 Winter (November '05 - April '06)5,406,952 Winter (November '06 - April '07)5,694,884 Winter (November '07 - April '08)5,709,007 Winter (November '08 - April '09)5,730,889 Winter (November '09 - April '10)5,690,262 Winter (November '10 - April '11)5,236,367 Winter (November '11 - April '12)5,160,226 Winter (November '12 - April '13)5,211,592 Winter (November '13 - April '14)5,458,044 Winter (November '14 - April '15)5,557,278 Summer (May '05 - October '05)5,488,399 Summer (May '06 - October '06)5,585,158 Summer (May '07 - October '07)6,074,027 Summer (May '08 - October '08)5,821,092 Summer (May '09 - October '09)6,043,720 Summer (May '10 - October '10)5,833,139 Summer (May '11 - October '11)5,554,275 Summer (May '12 - October '12)5,598,788 Summer (May '13 - October '13)5,609,828 Summer (May '14 - October '14)5,829,054 Summer (May '15 - October '15)Not Available Total Snowfall Lodging Report: Occupancy DestiMetrics: Booking patterns at 18 Vail lodging properties Lodging Report: Average Nightly Room Rates DestiMetrics: Booking patterns at 18 Vail lodging properties 75,000 (estimate) TOV Transportation Community Center Attendance Parking Counts TOV Transportation DIAAirport Statistics 85,000 (estimate) Annual (January '11 - December '11)80,000 (estimate) Average number of rooms occupied (2247 out of 3598) Average nightly room rates Number of days Parking structures full Number of vehicles in Vail Village Parking Structure Annual (January '10 - December '10) CDOT TOV Transportation Number of vehicles in Lionshead Parking Structure Number of visitors to the Dobson Ice Arena TOV Transportation Communication Department Tunnel Traffic Vail Information Center Visits Communication Department Number of people into Denver International Airport Number of people into Eagle County Airport Eagle County Airport Number of visits to the Vail Village Information Center Annual (January '08 - December '08)80,000 (estimate) Vail Recreation District Annual (January '12 - December '12) Number of visits to the Lionshead Information Center Number of vehicles on frontage roads Annual (January '14 - December '14)47,000 Vail Economic Indicators: Tourism (2004-2015) Number of vehicles thru the Eisenhower Tunnel/Vail Pass 43,646 Annual (January '13 - December '13)Annual (January '13 - December '13)85,000 (estimate) Annual (January '09 - December '09)80,000 (estimate) Vail Economic Indicators: Tourism Page 1 of 6 Last Modified: 7/1/2015 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Indicator Source Focus Study Report Date ('04-'05)Data ('04-'05)Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('14-'15)Data ('14-'15) Vail Economic Indicators: Tourism (2004-2015) Easter: Date Sunday March 27, 2005 Sunday April 16, 2006 Sunday April 8, 2007 Sunday March 23, 2008 Sunday April 12, 2009 Sunday April 4, 2010 Sunday April 24, 2011 Sunday April 8, 2012 Sunday March 31, 2013 Sunday April 20, 2014 Sunday April 5, 2015 4th of July: Day of the week July 4, 2005 Monday July 4, 2006 Tuesday July 4, 2007 Wednesday July 4, 2008 Friday July 4, 2009 Saturday July 4, 2010 Sunday July 4, 2011 Monday July 4, 2012 Wednesday July 4, 2013 Thursday July 4, 2014 Friday July 4, 2015 Saturday Christmas: Day of the week December 25, 2005 Sunday December 25, 2006 Monday December 25, 2006 Tuesday December 25, 2007 Wednesday December 25, 2008 Thursday December 25, 2009 Friday December 25, 2010 Saturday December 25, 2011 Sunday December 25, 2012 Tuesday December 25, 2013 Wednesday December 25, 2014 Thursday Winter (November '04 - April '05)$1.94 Winter (November '05 - April '06)$2.33 Winter (November '06 - April '07)$2.33 Winter (November '07 - April '08)$3.03 Winter (November '08 - April '09)$1.83 Winter (November '09- April '10 $2.85 Winter (November '10 - April '11)$3.12 Winter (November '11 - April '12)$3.35 Winter (November '11 - April '12)$3.33 Winter (November '13 - April '14)$3.31 Winter (November '14 - April '15)$2.32 Summer (May '05 - October '05)$2.44 Summer (May '06 - October '06)$2.77 Summer (May '07 - October '07)$3.00 Summer (May '08 - October '08)$3.69 Summer (May '09 - October '09)$2.44 Summer (May '10 - October '10)$2.76 Summer (May '11 - October '11)$3.56 Summer (May '12 - October '12)$3.52 Summer (May '13 - October '13)$3.56 Summer (May '14 - October '14)$3.50 Summer (May '15 - October '15)Not Available Event Attendance Big Beers Festival Big Beers Festival 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur 2012 Event did not occur Event did not occur Event did not occur Winter (January 9-11)2,013 Winter (January 9-11)1,600 Ski and Snowboard Club Vail NORAM Cup 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur 2012 Event did not occur Jan. 31-Feb 5, 2013 278 Total 110 Men, 83 Ladies, 85 Coaches + Officials Winter (February 20-23) 256 Total 121 Men, 83 Women, 52 Coaches + Officials 2,015 Event did no occur Vail Symposium Vail Symposium Winter 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur December 29, 2011-April 22, 2012 1,513 December 5, 2012-March 19, 2013 1,250 Winter (January 10- April 3)1,241 Winter (Dec 18-April 9)1,500 Vail Valley Foundation 2015 FIS World Alpine Ski Champtionships 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur 2012 Event did not occur 2013 Event did not occur 2014 Event did not occur Feb 2 - Feb 14, 2015 204,707 Vail Valley Foundation The Session/Teva Winter Games January 13-16, 2005 10,000 January 12-15, 2006 14,750 January 11-14, 2007 15,000 February 7-10, 2008 17,000 Event did not occur Event did not occur Event did not occur Event did not occur Event did not occur Event did not occur Teva Winter Games: Year 1 Feb. 9-12, 2012 10,000 Teva Winter Games: Year 2 Feb. 8-10, 2013 17,319 2014 Event did not occur 2015 Event did not occur Highline Sports & Entertainment Burton US Open Snowboarding Championships 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2208 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur 2012 Event did not occur 1st year: Feb 27-March 2 91,000 Burton US Open Snowboarding Championships 2nd year:3/3- 3/8 49,850 Burton US Open Snowboarding Championships 3nd year:3/2-3/7 21,500 Vail Valley Medical Center PINK Vail 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2208 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur 2012 Event did not occur 3/9/2013 $352K raised 1319 4/5/2014 $465K raised 1,625 3/21/2015 $720K raised 2,430 Vail Film Institute Vail Film Festival March 31- April 3, 2005 10,000 March 30- April 2, 2006 12,000 March 29- April 1, 2007 14,000 April 3-6, 2008 12,500 April 2-5, 2009 12,000 April 1-4, 2010 14,000 Mar 31- Apr 3, 2011 14,000 Mar 29-Apr 1, 2012 5,071* RRC (14,000*from recap)March 28-31, 2013 12,000 Winter (March 27-30)5,182 Winter (March 26-29)6,800 Taste of Vail Taste of Vail April 6-9, 2005 Not available April 5-8, 2006 4,000 April 11-14, 2007 7,000 March 29- April 1, 2008 7,000 April 1 - 4, 2009 6,000 April 8-10, 2010 6,600 April 7, 2011 5,000 Apr 5, 2012: Lamb Cook-off 8,000 April 3-6, 2013 10,731 Winter (April 2-5)9,810 Winter (April 2-5)5,100 Highline Sports & Entertainment Spring Back to Vail April 4-16, 2005 50,000 April 3-16, 2006 24,000 April 2-15, 2007 26,000 April 7-13, 2008 30,000 April 13-19, 2009 30,000+April 12- 18, 2010 40,000 Apr 16-24, 2011 70,000 (2 weekends)Apr 9 - 15, 2012 30,000 April 8-14, 2013 40,000 Winter (April 11-13, April 20)54,637 Winter (April 17-19)10,800 Highline Feast!2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2208 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur 2012 Event did not occur May 24-27, 2013 (inaugural year)950 May 23-26, 2014 2,250 2015 Event did not occur Vail Valley Foundation Teva Mountain Games (GoPro Mtn Games beginning 2013) June 1-5, 2005 12,000 (snow!)May 31- June 4, 2006 28,000 May 30- June 3, 2007 30,000 June 4-8, 2008 35,000 June 4-7, 2009 40,000 -VVF is now promoter June 3-6, 2010 35,037 June 2-5, 2011 46,897 May 31-June 3, 2012 43,889*June 6-9, 2013 53,579 GoPro Mtn Games 58,000 GoPro Mtn Games:Jun 3-7 Not Available King of the Mountain King of the Mountain Volleyball June 17-19, 2005 516 participants + 2.5 estimated entourage per player June 16-18, 2006 560 participants + 2.5 estimated entourage per player June 15-17, 2007 622 participants + 2.5 estimated entourage per player June 13-15, 2008 650 participants + 2.5 estimated entourage per player June 19-21, 2009 764 participants +2.5 entourage per player June 18-20, 2010 828 participants June 17-19, 2011 984 participants June 15-17, 2012 1,110 participants (6,860* total)June 14-16 3,000 Summer (June 13-16) 643 teams: 1285 players (no Ford Park Fields) Summer (June 19-21)Not Available Vail Valley Foundation Hot Summer Nights 7 Tuesdays, June 14- July 26, 2005 26,400 10 Tuesdays: June 13- August 29 33,063 9 Tuesdays: June 19- August 21, 2007 32,625 9 Tuesdays: June 16- August 19, 2008 28,668 9 Tuesday: June 16 - Aug 18 36,629 Tuesdays, Jun 15- Aug 24 31,865 9 Tuesdays, June 14- Aug 30, 2011 33,683 9 Tuesdays, June 12- Aug 21, 2012 32,716 9 Tuesdays, Jun 18 - Aug 27 30,505 Summer (June 17-August 2)31,325 Summer (June 17-August 2)Not Available Meadow Drive Partnership Vail Farmers' Market June 19- September (14 Markets)75,000 June 18- September 17, 2006 (14 Markets)100,000 June 16- September 23, 2007 (14 Markets)120,000 June 22- September 21, 2008 (14 Markets)130,000 June 21 - Sept 20, 2009 (14 markets)140,000 June 20- Sep 19, 2010 140,000 June 19-Sept 25, 2011 (15 markets)168,000 June 17- Sept 30 (16 Markets)140,000 17 Sundays, June 16- Oct 6 205,742 Summer (June 15-October 5)209,857 Summer (June 15-October 5)Not Available Colorado Lacrosse Promotions Vail Lacrosse Shootout June 25- July 4, 2005 92 teams 18,330 total June 24- July 4, 2006 102 teams 16,000 total June 27- July 4,, 2007 100 teams 17,116 total June 28- July 6, 2008 104 teams 18,819 total June 26 - July 5, 2009 95 Teams 16,000 total June 26- Jul 4, 2010 103 Teams 17,500 total June 25- July 3, 2011 107 Teams 18,500 June 30-July 8, 2012 99 Teams 23,617 June 29-July 7 13,543 Summer (June 29-July 6)10.180 (no Ford Park Fields)Summer (June 29-July 6)Not Available Eagle Valley Events America Days Monday, July 4, 2005 25,000 Tuesday, July 4, 2006 30,000 Wednesday, July 4, 2007 35,000 Friday, July 4, 2008 35,000 Saturday, July 4, 2009 40,000 Sunday, July 4, 2010 35,500 Monday, July 4, 2011 42,000 Wed. July 4, 2012 Human Movement Management 42,000 (63 parade entries)Highline: July 4-6 55,000 Summer Highline (July 4)25,000 Summer Highline (July 4)Not Available Bravo!Bravo! (GRFA performances only)18 performances: June 26- July 29, 2005 35,068 19 performances: June 28- July 28, 2006 36,727 19 performances: June 27- July 27, 2007 32,649 20 performances: June 25 - July 25, 2008 34,868 19 Performances: July 1 - Aug 4, 2009 34,530 June 25- Aug 3, 2010 41,469 20 Performances: June 25-Aug 3, 2011 41,385 June 25-Aug 4, 2012 Ticketed: 45,492 Non-Ticketed: 13,205 Total: 58,697 Summer 2013: Ticketed @ GRFA: 42,762 Total: 60,982 Summer 2014 53,377 Summer 2015 Not Available Vail Valley Foundation Vail International Dance Festival (GRFA performances only) 6 performances: July 30- August 7, 2005 9,550 7 performances: July30- August 13, 2006 11,654 8 performances: July 29- August 12, 2007 12,249 7 performances: July 27- August 9, 2008 11,698 8 Performances (GRFA): July 27 - Aug 10, 2009 17,500 July 26- Aug 10, 2010 20,609 9 Performances: July 26-Aug 14, 2011 16,968 10 Performances: July 24-Aug 11, 2012 18,419*9 Performances: July 28-Aug 9 18,700 Summer (July 27-August 9)24,260 Summer (July 27-August 9)Not Available Commission on Special Events Cumulative Attendance at GRFA Performances: All Events Summer 2005 46 performances 80,084 Summer 2006 50 performances 91,752 Summer 2007 47 performances 86,332 Summer 2008 43 performances 83,762 Summer 2009 44 performances 91,013 Summer 2010 48 performances 98,444 Summer 2011 48 performances 101,549 Summer 2012 49 performances 99,646 Summer 2013 40 performances 91,481 Summer 2014 34 Events105,194 Summer 2015 Not Available Blue Creek Productions LH Saturday Afternoon Club 2005 Not implemented 2006 Not implemented 2007 Not implemented Summer 2008: (1st year: 5 Fridays)2,500 July 3 - Aug 14, 2009 (7 Fridays: Blue Creek Productions 3,500 6 Saturdays, July 10-Aug 14, 2010 2,975 6 Saturdays, July 9- Aug 13, 2011 3,425 June 16-Aug 11, 2012 (9 Saturdays)4,320*9 Saturdays: June 9- Aug 10 4,955 Summer (June 14-August 9)5,425 Summer (June 14-August 9)Not Available NA Sports Group (formerly Team Championships etc.)Kick-It 3v3 Soccer August 5-7, 2005 276 teams 6293 including spectators August 4-6, 2006 351 teams 7371 including spectators August 3-5, 2007 309 teams 6489 including spectators August 1-3, 2008 300 teams 6300 including spectators July 31 - Aug 2, 2009 300 teams 8100 including spectators Jul 30- Aug 1, 2010 288 Teams July 29-31, 2011 17,400 (290 teams)July 27-29, 2012 17,700 (295 teams)July 26 - 28, 2013 23,895 (295 teams)Kick-It 3v3 Soccer 19,080 (265 teams) Did not play in Vail due to Field Constr. Kick-It 3v3 Soccer Not Available Eagle Valley Events Vail Arts Festival August 19-21, 2005: LH Mall 7,000 August 11-13, 2006: E LH Circle 5,000 August 10-12, 2007: E LH Circle 3,500 August 8-10, 2008: E Lionshead Circle 3,000 June 26 - 28, 2009 9,000 June 25-27, 2010 8,500 June 24-26, 2011 10,455 June 29-July 1, 2012 15,149 June 28-30 14,472 Summer(June 13-15)14,472 Summer(June 13-15)Not Available Commission on Special Events USA Pro Cycling Challenge 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occurAug. 25, 2011 (1st Year)30,000 2012 Event did not occur August 23, Friday 20,000 August 23, Saturday 8,000 August 23, Saturday N/A Vail Jazz Foundation Jazz @ the Market 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 2,700 9 Sundays 2,700 10 Sundays: June 28-Aug 30, 2009 2,700 9 Sundays, Jun 27- Aug 29/no July 4, 2010 3,000 Jun 26- Aug 28, 2011 (10 Sundays)3,500 June 24- Aug. 30 (10 Sundays)1,500 (10 Sundays)2,250 Jazz @ the Market 3,000 Jazz @ the Market Not Available Vail Jazz Foundation Jazz @ Vail Square 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur July 31- August 28, 2008 (1st year: 5 Thursdays)3,000 5 Thursdays: Aug 6 - Sept 3, 2009 3,500 5 Thursdays, Aug 5- Sep 2, 2010 2,700 July 7- Sept 1, 2011 (9 Thursdays)7,200 (9 Thursdays)9,000 (9 Thursdays)9,000 Jazz @ Vail Square 9,000 Jazz @ Vail Square Not Available Vail Jazz Foundation Vail Jazz Party September 2-5, 2005 3,500 September 1-4, 2006 3,500 August 31- September 3, 2007 3,500 August 29-Sept 1, 2008 3,500 Sept 3 - 7, 2009 4,000 Sep 2-6, 2010 4,800 Sept 2-5, 2011 3,200 Aug 31- Sept 3, 2012 3,500 Aug 30 - Sept 2, 2013 3,000 Labor Day Weekend 2014 3,400 Labor Day Weekend 2015 Not Available Vail Jazz Foundation Vail Jazz Festival: all events combined 2005 6,200 2006 6,200 2007 6,200 2008 9,200 Summer 2009 10,200 Summer 2010 10,500 June 26-Sept 5, 2011 13,900 June 24- Sept 3, 2012 (40 performances)13,850*(40 performances in total)20,000 Summer (June 22-September 1)17,425 Summer (June 22-September 1)Not Available Lakeside Stride Vail Summer Bluegrass Series (5)2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur July 2, 16 & Aug 13, 27 2500 July 2, 16 & Aug 13, 27 Not Available Grand Traverse Adventures/VRD Keen Vail Kids Adventure Race 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur Aug. 7, 2010 396 Aug. 13, 2011 1,744 August 10-12, 2012 2660*Aug 8-11 6820 (232 teams)Summer (August 7-10)8495(366 teams)Summer (August 7-10)Not Available Love Hope Strength Foundation Vail Rocks 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Aug 15-17 275 hikers1100 @ concert 2015 Event did not occurHighline Sports & Entertainment Gourmet on Gore September 3, 2005 (1st year)7,000 2006 Not instituted September 1-2, 2007 12,500 August 29-31, 2008 18,000 Sept 4-6, 2009 20,000 Sept 4-5, 2010 20,000-30,000 Sept.3-5, 2011 (Monday added)30,000 Aug 31- Sept 3, 2012 22,500*Aug 30- Sep 2 50,000 Summer (August 29-September 1)25,000 Summer (August 29-September 1)Not Available Highline Sports & Entertainment Oktoberfest September 9-11 & 16-18, 2005 40,000 September 8-10 & 15-17, 2006 40,000 September 7-9 @ 14-16, 2007 40,000 September 5-7 & 12-14, 2008 40,000 Sept 11-13 & 18-20, 2009 40,000+Sept 10-12 & 17-19, 2010 40,000-50,000 Sept. 9-11 & 16-18, 2011 40,000 Sept 7-9 LH, Sept 14-16 VV, 2012 31,000*Sep 6-8 LH & 13-15 VV 55,000 Summer (September 5-7, September 12-14)50,000 Summer (September 5-7, September 12-14)Not Available Vail Valley Concours Vail Automotive Classic 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Sept. 7 8000 Sept. 7 Not Available Colorado Grand Colorado Grand 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Sept 12-13 2500 Sept 12-13 Not Available Eagle Valley Events Top Shelf Harvest 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur 2013 Event did not occur Sept. 27, 2014 425 Sept. 27, 2014 Not Available Group 970 Vail-BC Restaurant Week 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur 2012 Event did not occur Sept 27 - Oct 6: Inaugural year 42,211 Summer (September 26-October 5)68,714 Summer (September 26-October 5)Not Available America Cup America Cup 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur Sept. 15-18, 2011 (1st year)600 Sept. 20-23 850*Sep 10-15 196 Competitors Summer (September 9-14)194 Competitors Summer (September 9-14)Not Available Living Well Living At Your Peak 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur 2011 Event did not occur Sept. 13-15 423 Sep 19-21 350 September 11-13 27 invited135 ForumX 2015 Event did not occurLionshead Merchant's Association Colorado Grand September 12-17, 2005 250 participants, 400 Concours spectators September 17-21, 2006 250 participants, no concours September 16-20, 2007 250 participants, no concours September 15-20, 2008 275 participants, 1,250 Concours spectators Sept 17-18, 2009 1,000 Sept 16-17, 2010 225 Participants 1200 Spectators Sept 16-17, 2011 350 participants 1200 Spectators Sept. 14-15, 2012 2,050*Sep 20-21 1,500 September 7-9 see above September 7-9 Not Available Vail Symposium Unlimited Adventure Speaker Series (6 each year)2005 Event did not occur 2006 725 2007 1,152 2008 858 2009 1,007 2010 777 2011 815 2012 671 2013: 5 in series 650 Unlimited Adventure Speaker Series (6 each year)1,240 Unlimited Adventure Speaker Series (6 each year) Not Available Vail Valley Soccer Club Vail Challenge Cup October 1-2, 2005 2,200 players 4,000 spectators October 7-8, 2006 2,200 players 4,000 spectators October 6-7, 2007 2,000 players 3,500 spectators October 4-5, 2008 1,800 players 3,200 spectators Summer 2009 1,500 players 3,500 spectators Summer 2010 1980 players 3,500-4000 spectators October 1-2, 2011 3,100 Oct. 6-7, 2012 7,500*Oct 5-6 110 teams October 4-5, 2014 103 teams (no Vail fields)October 3-4, 2015 Not Available Ski and Snowboard Club Vail Ski Swap October 28-29, 2005 3,000 October 27,28, 2006 3,000 October 26-27, 2007 3,500 November 7-8, 2008 4,000 November 2009 1,700 November 2010 2,100 October 28-29, 2011 2,862 Oct. 26-27, 2012 2,095 Oct 25-26 1,857 October 24-26, 2014 3,547 October 2015 Not Available Highline Sports & Entertainment Snow Daze 2005 Event did not occur December 4-17, 2006 (1st year)15,000 December 3-16, 2007 20,000 December 8-15, 2008 17,500 December 2009 20,000 December 2010 75,000 Dec. 5-11, 2011 75,000 Dec. 10-16, 2012 55,000 Dec 9-15, 2013 62,518 2014: Dec 12-14 and 19-21 50,000 2015 50,000 Fuel Prices Energy Information Administration Holiday Timing Calendar Average price of gasoline per gallon (USD) in Colorado - ave of weekly averages Vail Economic Indicators: Tourism Page 2 of 6 Last Modified: 7/1/2015 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Indicator Source Focus Study Report Date ('04-'05)Data ('04-'05)Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('14-'15)Data ('14-'15) Vail Economic Indicators: Tourism (2004-2015) Event Attendance Highline Sports & Entertainment Vail Family Holidaze 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur December 2010 (1st year)Not Available Dec. 17-25, 31 50,000 Dec. 17-25, 31, 2012 50,000 Dec 20-22, 31, 2013 8,325 2014 8,325 2015 3,200(no skating shows) Highline Sports & Entertainment Vail NYE 2005 Event did not occur 2006 Event did not occur 2007 Event did not occur 2008 Event did not occur2009 Event did not occur 2010 Event did not occur2011 Event did not occur Dec 31, 2012 Not funded by CSE in 2012 Dec 31, 2013 900 Dec 31, 2014 Did not Occur Dec 31, 2015 Did Not Occur *A new parking system was installed, which counted cars differently than prevoius years.**Event attendence was counted by a third party, RRC Associates, instead of the event producer as in previous years. Attendence numbers are more realistice but cannot be compared to previous years Vail Economic Indicators: Tourism Page 3 of 6 Last Modified: 7/1/2015 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Indicator Source Description Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('13-'14)Data ('14-'15) Winter (November '05 - April '06)174 Winter (November '06 - April '07)175 Winter (November '07 - April '08)177 Winter (November '08 - April '09)97 Winter (November '09 - April '10)121 Winter (November '10 - April '11)148 Winter (November '11 - April '12)151 Winter (November '12 - April '13)182 Winter (November '13 - April '14)154 Winter (November '14 - April '15)174 Summer (May '06 - October '06)217 Summer (May '07 - October '07)158 Summer (May '08 - October '08)149 Summer (May '09 - October '09)115 Summer (May '10 - October '10)195 Summer (May '11 - October '11)126 Summer (May '12 - October '12)186 Summer (May '13 - October '13)199 Summer (May '14 - October '14)197 Summer (May '15 - October '15)Not Available Winter (November '05 - April '06)$1,168,249 Winter (November '06 - April '07)$2,169,933 Winter (November '07 - April '08)$2,258,364 Winter (November '08 - April '09)$2,854,325 Winter (November '09 - April '10)$1,641,593 Winter (November '10 - April '11)$1,780,462 Winter (November '11 - April '12)$1,709,393 Winter (November '12 - April '13)$1,423,375 Winter (November '13 - April '14)$2,224,531 Winter (November '14 - April '15)$1,733,518 Summer (May '06 - October '06)$1,391,526 Summer (May '07 - October '07)$1,370,692 Summer (May '08 - October '08)$2,508,787 Summer (May '09 - October '09)$1,112,728.70 Summer (May '10 - October '10)$2,111,644.10 Summer (May '11 - October '11)$1,443,006 Summer (May '12 - October '12)$1,382,832 Summer (May '13 - October '13)$1,234,990 Summer (May '14 - October '14)$1,584,734 Summer (May '15 - October '15)Not Available Winter (November '05 - April '06)$727 Winter (November '06 - April '07)$902 Winter (November '07 - April '08)$768 Winter (November '08 - April '09)$1,103 Winter (November '09 - April '10)$791 Winter (November '10 - April '11)$809 Winter (November '11 - April '12)$820 Winter (November '12 - April '13)$734 Winter (November '13 - April '14)$828 Winter (November '14 - April '15)$824 Summer (May '06 - October '06)$831 Summer (May '07 - October '07)$726 Summer (May '08 - October '08)$1,344 Summer (May '09 - October '09)$568 Summer (May '10 - October '10)$1,060 Summer (May '11 - October '11)$724 Summer (May '12 - October '12)$652 Summer (May '13 - October '13)$682 Summer (May '14 - October '14)$778 Summer (May '15 - October '15)Not Available Winter (November '05 - April '06)$203,275,300 Winter (November '06 - April '07)$379,738,200 Winter (November '07 - April '08)$399,730,500 Winter (November '08 - April '09)$276,869,500 Winter (November '09 - April '10)$198,632,700 Winter (November '10 - April '11)$258,807,117 Winter (November '11 - April '12)$252,990,200 Winter (November '12 - April '13)$259,054,380 Winter (November '13 - April '14)$331,847,416 Winter (November '14 - April '15)$305,044,019 Summer (May '06 - October '06)$301,961,100 Summer (May '07 - October '07)$216,569,400 Summer (May '08 - October '08)$373,809,300 Summer (May '09 - October '09)$127,963,800 Summer (May '10 - October '10)$411,770,600 Summer (May '11 - October '11)$174,867,073 Summer (May '12 - October '12)$261,284,200 Summer (May '13 - October '13)$235,995,092 Summer (May '14 - October '14)$306,239,595 Summer (May '15 - October '15)Not Available Winter (November '05 - April '06)94.90%Winter (November '06 - April '07)95.30%Winter (November '07 - April '08)96.00%Winter (November '08 - April '09)91.83%Winter (November '09 - April '10)85.44%Winter (November '10 - April '11)87.50%Winter (November '11 - April '12)89.27%Winter (November '12 - April '13)91.25%Winter (November '13 - April '14)94.00%Winter (November '14 - April '15)Not Available Summer (May '06 - October '06)94.50%Summer (May '07 - October '07)94.40%Summer (May '08 - October '08)97.40%Summer (May '09 - October '09)85.12%Summer (May '10 - October '10)89.92%Summer (May '11 - October '11)90.00%Summer (May '12 - October '12)90.06%Summer (May '13 - October '13)91.86%Summer (May '14 - October '14)93.10%Summer (May '15 - October '15)Not Available Winter (November '05 - April '06)165 Winter (November '06 - April '07)163 Winter (November '07 - April '08)143 Winter (November '08 - April '09)82 Winter (November '09 - April '10)113 Winter (November '10 - April '11)148 Winter (November '11 - April '12)143 Winter (November '12 - April '13)171 Winter (November '13 - April '14)148 Winter (November '14 - April '15)168 Summer (May '06 - October '06)200 Summer (May '07 - October '07)144 Summer (May '08 - October '08)156 Summer (May '09 - October '09)98 Summer (May '10 - October '10)194 Summer (May '11 - October '11)120 Summer (May '12 - October '12)182 Summer (May '13 - October '13)194 Summer (May '14 - October '14)189 Summer (May '15 - October '15)Not Available Winter (November '05 - April '06)5 Winter (November '06 - April '07)10 Winter (November '07 - April '08)11 Winter (November '08 - April '09)15 Winter (November '09 - April '10)8 Winter (November '10 - April '11)5 Winter (November '11 - April '12)8 Winter (November '12 - April '13)11 Winter (November '13 - April '14)6 Winter (November '14 - April '15)6 Summer (May '06 - October '06)2 Summer (May '07 - October '07)7 Summer (May '08 - October '08)6 Summer (May '09 - October '09)17 Summer (May '10 - October '10)1 Summer (May '11 - October '11)6 Summer (May '12 - October '12)4 Summer (May '13 - October '13)5 Summer (May '14 - October '14)8 Summer (May '15 - October '15)Not Available Annual (January '11 - December '11) Eagle County Assessor's Office Annual (January '11 - December '11) Annual (January '12 - December '12)0 Annual (January '12 - December '12)0 Annual (January '12 - December '12)0 Annual (January '12 - December '12) 3 64 Gross Sales Annual (January '10 - December '10) Eagle County Assessor's Office Fractional Fee Units Constructed Community Development Department Number of additional fractional fee units constructed within Vail 0 Annual (January '10 - December '10) Annual (January '10 - December '10) 29,006sf Annual (January '11 - December '11) 0 0 Annual (January '11 - December '11) 0 Annual (January '10 - December '10)9,250sf Community Development Department Annual (January '06 - December '06) Annual (January '06 - December '06) Number of commercial properties sold within Vail Annual (January '06 - December '06)0 0 Annual (January '07 - December '07)Number of additional dwelling units constructed within Vail 24 Number of additional hotel units constructed within Vail Annual (January '06 - December '06) 0 89 Dwelling Units Constructed Average ratio of list price to sale price within Vail Land Title Guarantee Company Eagle County Assessor's OfficeResidential Properties Sold Total Gross Sales Amount (USD) within Vail Price Ratio Eagle County Assessor's Office Number of residential properties sold within Vail Real Estate Sales Eagle County Assessor's Office Total number of Real Estate Transactions within Vail Eagle County Assessor's Office Average sale price of Real Estate transactions within Vail 77 Average price of Real Estate per square foot within Vail Commercial Properties Sold Sale Price Price Per Square Foot Net New Commercial Square Footage Community Development Department Net New Commercial Square Footage Constructed within Vail Hotel/ Accommodation Units Constructed Community Development Department Annual (January '08 - December '08) 0 Annual (January '08 - December '08) Annual (January '09 - December '09) 11 Annual (January '08 - December '08) 0 Annual (January '07 - December '07) Annual (January '07 - December '07) 9 Annual (January '07 - December '07)24,568sf36,207sf 59 Annual (January '09 - December '09)2 Annual (January '09 - December '09) 75 0 90 0 Annual (January '13 - December '13) 0 Annual (January '08 - December '08) 0 Annual (January '09 - December '09)1,552sf Vail Economic Indicators: Real Estate (2004-2015) Annual (January '15 - December '15)Not Available Annual (January '15 - December '15)Not Available Annual (January '13 - December '13)0 Annual (January '13 - December '13)4 Annual (January '13 - December '13) Annual (January '15 - December '15) Not Available Annual (January '14 - December '14) Annual (January '14 - December '14) Annual (January '14 - December '14) Annual (January '14 - December '14) Annual (January '15 - December '15)Not Available6,066 8 Vail Economic Indicators: Real Estate Page 4 of 6 Last Modified: 7/1/2015 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Source Description Report Date ('04-'05)Data ('04-'05)Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('14 -'15)Data ('14-'15)Winter (November '04 - April '05)$1,959,692 Winter (November '05 - April '06)$2,150,643 Winter (November '06 - April '07)$2,235,665 Winter (November '07 - April '08)$2,102,116 Winter (November '08 - April '09)$1,598,271 Winter (November '09 - April '10)$1,696,072 Winter (November '10 - April '11)$1,958,121 Winter (November '11 - April '12)$2,064,417 Winter (November '12 - April '13)$2,242,112 Winter (November '13 - April '14)$2,519,032 Winter (November '14 - April '15)$2,809,156 Summer (May '05 - October '05)$707,992 Summer (May '06 - October '06)$709,091 Summer (May '07 - October '07)$724,998 Summer (May '08 - October '08)$666,155 Summer (May '09 - October '09)$573,505 Summer (May '10 - October '10)$609,452 Summer (May '11 - October '11)$693,894 Summer (May '12 - October '12)$761,608 Summer (May '13 - October '13 $834,765 Summer (May '14 - October '14)$940,291 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$699,826 Winter (November '05 - April '06)$680,292 Winter (November '06 - April '07)$704,911 Winter (November '07 - April '08)$856,906 Winter (November '08 - April '09)$828,915 Winter (November '09 - April '10)$883,556 Winter (November '10 - April '11)$977,397 Winter (November '11 - April '12)$945,095 Winter (November '12 - April '13)$983,342 Winter (November '13 - April '14)$1,050,415 Winter (November '14 - April '15)$1,112,040 Summer (May '05 - October '05)$146,560 Summer (May '06 - October '06)$154,984 Summer (May '07 - October '07)$151,560 Summer (May '08 - October '08)$210,343 Summer (May '09 - October '09)$187,175 Summer (May '10 - October '10)$199,152 Summer (May '11 - October '11)$228,326 Summer (May '12 - October '12)$228,588 Summer (May '13 - October '13 $231,636 Summer (May '14 - October '14)$254,096 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$1,038,941 Winter (November '05 - April '06)$1,109,781 Winter (November '06 - April '07)$1,144,388 Winter (November '07 - April '08)$1,192,703 Winter (November '08 - April '09)$1,153,789 Winter (November '09 - April '10)$1,095,944 Winter (November '10 - April '11)$1,131,777 Winter (November '11 - April '12)$1,129,364 Winter (November '12 - April '13)$1,165,199 Winter (November '13 - April '14)$1,193,258 Winter (November '14 - April '15)$1,227,776 Summer (May '05 - October '05)$671,503 Summer (May '06 - October '06)$707,587 Summer (May '07 - October '07)$712,127 Summer (May '08 - October '08)$764,727 Summer (May '09 - October '09)$680,951 Summer (May '10 - October '10)$661,824 Summer (May '11 - October '11)$694,593 Summer (May '12 - October '12)$717,161 Summer (May '13 - October '13 $729,524 Summer (May '14 - October '14)$738,585 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$1,819,656 Winter (November '05 - April '06)$2,021,717 Winter (November '06 - April '07)$2,090,189 Winter (November '07 - April '08)$2,147,236 Winter (November '08 - April '09)$1,849,345 Winter (November '09 - April '10)$1,793,215 Winter (November '10 - April '11)$2,148,434 Winter (November '11 - April '12)$2,475,845 Winter (November '12 - April '13)$2,749,317 Winter (November '13 - April '14)$3,057,259 Winter (November '14 - April '15)$3,390,780 Summer (May '05 - October '05)$377,998 Summer (May '06 - October '06)$388,552 Summer (May '07 - October '07)$414,789 Summer (May '08 - October '08)$446,399 Summer (May '09 - October '09)$330,719 Summer (May '10 - October '10)$408,732 Summer (May '11 - October '11)$587,090 Summer (May '12 - October '12)$690,978 Summer (May '13 - October '13 $748,929 Summer (May '14 - October '14)$842,603 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$1,211,828 Winter (November '05 - April '06)$1,320,180 Winter (November '06 - April '07)$1,448,205 Winter (November '07 - April '08)$1,590,517 Winter (November '08 - April '09)$1,367,737 Winter (November '09 - April '10)$1,499,389 Winter (November '10 - April '11)$1,670,696 Winter (November '11 - April '12)$1,754,076 Winter (November '12 - April '13)$1,841,519 Winter (November '13 - April '14)$2,110,418 Winter (November '14 - April '15)$2,229,495 Summer (May '05 - October '05)$247,305 Summer (May '06 - October '06)$282,591 Summer (May '07 - October '07)$323,812 Summer (May '08 - October '08)$324,648 Summer (May '09 - October '09)$261,272 Summer (May '10 - October '10)$343,795 Summer (May '11 - October '11)$361,690 Summer (May '12 - October '12)$387,978 Summer (May '13 - October '13 $439,932 Summer (May '14 - October '14)$513,662 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$861,732 Winter (November '05 - April '06)$911,909 Winter (November '06 - April '07)$1,062,423 Winter (November '07 - April '08)$1,091,579 Winter (November '08 - April '09)$807,303 Winter (November '09 - April '10)$773,479 Winter (November '10 - April '11)$818,314 Winter (November '11 - April '12)$835,811 Winter (November '12 - April '13)$878,048 Winter (November '13 - April '14)$990,019 Winter (November '14 - April '15)$1,059,904 Summer (May '05 - October '05)$276,491 Summer (May '06 - October '06)$294,382 Summer (May '07 - October '07)$302,779 Summer (May '08 - October '08)$308,927 Summer (May '09 - October '09)$219,353 Summer (May '10 - October '10)$237,964 Summer (May '11 - October '11)$268,044 Summer (May '12 - October '12)$303,198 Summer (May '13 - October '13 $319,467 Summer (May '14 - October '14)$314,902 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$1,565,938 Winter (November '05 - April '06)$1,709,731 Winter (November '06 - April '07)$1,865,670 Winter (November '07 - April '08)$1,847,564 Winter (November '08 - April '09)$1,653,738 Winter (November '09 - April '10)$1,679,681 Winter (November '10 - April '11)$2,023,554 Winter (November '11 - April '12)$2,248,504 Winter (November '12 - April '13)$2,330,760 Winter (November '13 - April '14)$2,508,143 Winter (November '14 - April '15)$2,688,345 Summer (May '05 - October '05)$747,920 Summer (May '06 - October '06)$777,970 Summer (May '07 - October '07)$867,240 Summer (May '08 - October '08)$872,567 Summer (May '09 - October '09)$741,054 Summer (May '10 - October '10)$853,549 Summer (May '11 - October '11)$1,082,986 Summer (May '12 - October '12)$1,217,111 Summer (May '13 - October '13 $1,284,706 Summer (May '14 - October '14)$1,368,909 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$388,096 Winter (November '05 - April '06)$395,789 Winter (November '06 - April '07)$398,375 Winter (November '07 - April '08)$552,068 Winter (November '08 - April '09)$581,408 Winter (November '09 - April '10)$586,820 Winter (November '10 - April '11)$632,942 Winter (November '11 - April '12)$636,214 Winter (November '12 - April '13)$649,431 Winter (November '13 - April '14)$681,903 Winter (November '14 - April '15)$674,347 Summer (May '05 - October '05)$161,611 Summer (May '06 - October '06)$172,764 Summer (May '07 - October '07)$227,858 Summer (May '08 - October '08)$308,728 Summer (May '09 - October '09)$245,649 Summer (May '10 - October '10)$278,229 Summer (May '11 - October '11)$287,316 Summer (May '12 - October '12)$356,930 Summer (May '13 - October '13 $364,913 Summer (May '14 - October '14)$396,379 Summer (May '15 - October '15)Not Available Winter (November '04 - April '05)$382,326 Winter (November '05 - April '06)$427,585 Winter (November '06 - April '07)$445,549 Winter (November '07 - April '08)$419,824 Winter (November '08 - April '09)$357,009 Winter (November '09 - April '10)$320,657 Winter (November '10 - April '11)$335,369 Winter (November '11 - April '12)$341,398 Winter (November '12 - April '13)$353,727 Winter (November '13 - April '14)$406,108 Winter (November '14 - April '15)$407,586 Summer (May '05 - October '05)$308,933 Summer (May '06 - October '06)$321,019 Summer (May '07 - October '07)$335,263 Summer (May '08 - October '08)$286,244 Summer (May '09 - October '09)$228,979 Summer (May '10 - October '10)$255,147 Summer (May '11 - October '11)$269,587 Summer (May '12 - October '12)$283,365 Summer (May '13 - October '13 $305,660 Summer (May '14 - October '14)$321,739 Summer (May '15 - October '15)Not Available Indicator Vail Village Amount collected (USD) R e t a il S a l e s Tax Amount collected (USD) Lionshead TOV Finance Department Amount collected (USD) TOV Finance Department Cascade/E. Vail/Sandstone & W. Vail Amount collected (USD) TOV Finance Department L o d g i ng S a l e s Tax Vail Village TOV Finance Department Lionshead TOV Finance Department Cascade/E. Vail/Sandstone & W. Vail Amount collected (USD) TOV Finance Department Amount collected (USD) Amount collected (USD) Amount collected (USD) Cascade/E. Vail/Sandstone & W. Vail F o o d & B e v e r a g e S a l e s T a x Vail Economic Indicators: Town Revenue (2004-2015) Amount collected (USD)TOV Finance Department TOV Finance Department Lionshead TOV Finance Department Vail Village Vail Economic Indicators: Town Revenue Page 5 of 6 Last Modified: 7/1/2015 Data provided were collected by the TOV and DestiMetrics in Jan. 2009 and updated in June 2015 from a variety of secondary sources, which are thought to be accurate, but not independently verified and best used as a general overview as a result. Indicator Source Description Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('14-'15)Data ('14-'15) Indicator Source Description Report Date ('05-'06)Data ('05-'06)Report Date ('06-'07)Data ('06-'07)Report Date ('07-'08)Data ('07-'08)Report Date ('08-'09)Data ('08-'09)Report Date ('09-'10)Data ('09-'10)Report Date ('10-'11)Data ('10-'11)Report Date ('11-'12)Data ('11-'12)Report Date ('12-'13)Data ('12-'13)Report Date ('13-'14)Data ('13-'14)Report Date ('14-'15)Data ('14-'15) Winter (November '05 - April '06)104.6 Winter (November '06 - April '07)107.8 Winter (November '07 - April '08)77.8 Winter (November '08 - April '09)35.3 Winter (November '09 - April '10)52.9 Winter (November '10 - April '11)62.3 Winter (November '11 - April '12)65.2 Winter (November '12 - April '13)65.8 Winter (November '13 - April '14)78.8 Winter (November '13 - April '14)97.1 Summer (May '06 - October '06)104.7 Summer (May '07 - October '07)104.4 Summer (May '08 - October '08)52.6 Summer (May '09 - October '09)51.2 Summer (May '10 - October '10)53.3 Summer (May '11 - October '11)51.8 Summer (May '12 - October '12)65.9 Summer (May '13 - October '13)78.6 Summer (May '14 - October '14)82.9 Summer (May '14 - October '14)Not Available Winter (November '05 - April '06)$1.20 Winter (November '06 - April '07)$1.32 Winter (November '07 - April '08)$1.50 Winter (November '08 - April '09)$1.31 Winter (November '09 - April '10)$1.41 Winter (November '10 - April '11)$1.37 Winter (November '11 - April '12)$1.32 Winter (November '12 - April '13)$1.31 Winter (November '13 - April '14)$1.37 Winter (November '13 - April '14)$0.87 Summer (May '06 - October '06)$1.27 Summer (May '07 - October '07)$1.37 Summer (May '08 - October '08)$1.49 Summer (May '09 - October '09)$1.42 Summer (May '10 - October '10)$1.29 Summer (May '11 - October '11)$1.41 Summer (May '12 - October '12)$1.26 Summer (May '13 - October '13)$1.33 Summer (May '14 - October '14)$1.31 Summer (May '14 - October '14)Not Available Annual (July '11 - June '12)$1,385,085,000 7.80% Annual (January '12 - December '12)27,388 5,252Annual (June '11 - July '12) 26,884 Annual (June '10 - July '11)5,2425,027 5,278 Annual (January '11 - December '11) Annual (July '09 - June '10)$1,409,032,000 Annual (January '10 - December '10)9.5% Annual (January '10 - December '10)26,582 4,960 Annual (June '09 - July '10)Annual (June '08 - July '09) Annual (January '09 - December '09)27,961 Annual (as of July '07)Annual (June '07 - July '08)4,812 Banking Deposits in Eagle County Total amount of banking deposits (USD) FDIC Colorado Department of Labor - Local Area Unemployment Statistics Population Estimates US Federal Reserves Employment Colorado Department of Labor - Local Area Unemployment Statistics 2.9%3.4% 4,871 US Dollar vs. Euro Unemployment Rate Colorado State Government, Department of Local Affairs Consumer Confidence Index US Conference Board US Dollar vs. Euro Annual (January '06 - December '06) Annual (as of July '06) Consumer Confidence Index Unemployment rate in Eagle County Annual (January '06 - December '06) Number of estimated full-time residents in Vail Estimated number of people employed in Eagle County Annual (July '05 - June '06) 30,477 3.6%Annual (January '08 - December '08) $1,373,139 ,000 $1,459,685,000 Annual (July '07 - June '08)Annual (July '06 - June '07) 29,127 Annual (January '07 - December '07)Annual (January '08 - December '08) $1,491,847 ,000 30,300 Annual (January '07 - December '07)Annual (January '12 - December '12) Annual (July '08 - June '09)$1,449,899,000 Annual (January '09 - December '09)7.4% Annual (July '10 - June '11)$1,370,288,000 Annual (January '11 - December '11)8.5% Annual (July '12 - June '13)5,289 Annual (July '12 - June '13)$1,422,107,000 Annual (January '13 - December '13)6.80% Annual (January '13 - December '13)28,445 Annual (July '13 - June '14)Not Available Annual (July '13 - June '14)$1,556,419,000 Annual (January '14 - December '14)4.20% Annual (January '14 - December '14)31,357 Annual (July '14 - June '15)Not Available Vail Economic Indicators: Business Growth (2004-2015) Vail Economic Indicators: Macroeconomic (2004-2015) Annual (July '14 - June '15)Not Available Annual (January '15 - December '15)Not Available Annual (January '15 - December '15)Not available Vail Economic Indicators: Business Growth_ Macro Econ Page 6 of 6 Last Modified: 7/1/2015