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HomeMy WebLinkAbout06-14-2016 Hot Summer Nights_DashTotal economic impact per attendee day Restaurants/Bars/ Prepared Food Vendors Shopping Recreation (golf, bike rental, entry fees, etc.) Other items, excluding lodging Lodging $0 $100 $200 Economic Impactper Attendee-Day$25 $18 $73 $23 $8 $0 Direct Economic Impact to TOV per Attendee-Day In paid lodging Vacation home/timeshare With friends/family Other 24% 47% 26% 3% Overnight Visitor Profile Myself Only 2 3 4 5 6 or more 35% 12% 18% 15% 15% 6% 1 2 3 - 5 6 - 8 9 - 14 15 or more 15% 59% 12% 9% 6% Vail Beaver Creek Avon Edwards Eagle/Gypsum Summit County Other 42% 33% 12% 3% 9% Under $50k $50k-$100k $100-$150k $150k or more 27% 30% 36% 6% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 20% 18% 30% 18% 2% 4% 2% 6% Male Female 47% 53% Promoter Passive Detractor 0% 20% 40% 60% 80%% of Total Number of Records83% 12%6% Likelihood of Recommending Event to a Friend or Family Member 0: None, I would have come to Vail anyway 1 2 3 4 5: Half my reason for coming to Vail 6 7 8 9 10: My only reason for coming to Vail 0% 20% 40% 60%Percent Responding51% 12% 24% 4%2%2%4%2% Importance of Event in Decision to Visit Vail Today - Overall 2016 Event funding Direct economic Impact to TOV Economic impact payback ratio $59.37 $1,681,604.70 $28,325.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee-Days0K 10K 20K 23.1K Attendance Est 71% NPS Net Promoter Score Overnight visitor Seasonal resident of Vail Valley Full-time resident of Town of Vail Day visitor to Vail 0% 50%Percent Responding67% 15%13% 4% Visitor Type Colorado Florida Mexico Texas California Kansas Michigan Minnesota Nebraska Pennsylvania 4%4% 4% 4% 4% 4% 6% 6% 10%37% 2016 Vail Event Visitor Summary: Hot Summer Nights, June 14, 21, 28; July 5, 12, 19; August 16, 23 Survey technique: Intercept. Overall sample size: 52 (Please note that sample sizes are smaller for subgroups.) Number of years event has taken place in Vail (including 2016): 29 Average Overall Overnight visitor Seasonal resident of Vail Valley Full-time resident of Town of Vail Day visitor to Vail 5.5 8.4 2.3 2.9 3.6 Are you staying: How many people are staying in your accomodations unit? Nights in the area this trip Where are your lodging accommodations located? Annual Household Income Age State/Country Gender Nightly Rate (if Paid) Average: Median:$174 $160 Overall Overnight visitor Overall