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HomeMy WebLinkAbout06-24-2016 Vail Arts Festival_DashTotal economicimpact per attendeeday Shopping Restaurants/Bars/Prepared FoodVendors Recreation (golf,bike rental, entryfees, etc.) Lodging Other items,excluding lodging $0 $100 $200 Economic Impactper Attendee-Day$58 $26 $90 $4 $2 $1 Direct Economic Impact to TOV per Attendee-Day In paid lodging Vacation home/timeshare With friends/family Other 58% 25% 11% 6% Overnight Visitor Profile Myself Only 2 3 4 5 6 or more 60% 14% 14% 3% 3% 6% 123 - 56 - 89 - 1415 or more 11% 54% 17% 9% 9% Vail Beaver Creek Avon Edwards Eagle/Gypsum Summit County Other 65% 21% 3% 9% 3% Under $50k $50k-$100k $100-$150k $150k or more 11% 11% 30% 47% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 15% 17% 28% 22% 14% 5% Male Female 48% 52% Promoter Passive Detractor 0% 20% 40% 60% 80%% of Total Number of Records45% 33% 22% Likelihood of Recommending Event to a Friend or Family Member 0: None, Iwould havecome to Vailanyway 1 2 3 4 5: Half myreason forcoming to Vail 6 7 8 9 10: My onlyreason forcoming to Vail 0% 20% 40% 60%Percent Responding55% 15% 3%4%1%6%1%3%4%6% Importance of Event in Decision to Visit Vail Today - Overall 2016 Event funding Direct economic Impactto TOV Economic impactpayback ratio $108.39 $1,083,921.43 $10,000.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee-Days0K 10K 20K 12.0K Attendance Est 23% NPS Net Promoter Score Overnightvisitor Seasonalresident ofVail Valley Full-timeresident ofTown of Vail Full-timedownvalleyresident Day visitor toVail 0% 50%Percent Responding52% 14%14%10%9% Visitor Type Colorado Florida Texas Georgia Louisiana Oklahoma 3% 3% 3% 8% 16% 55% 2016 Vail Event Visitor Summary: Arts Festival, June 24-26 Survey technique: Intercept. Overall sample size: 69 (Please note that sample sizes are smaller for subgroups.) Number of years event has taken place in Vail (including 2016): 32 Average Overnight visitor Seasonal resident of Vail Valley Full-time downvalley resident Day visitor to Vail Full-time resident of Town of Vail 7.9 3.1 7.8 1.6 1.9 Are youstaying: How many peopleare staying in youraccomodationsunit? Nights in thearea this trip Where are yourlodgingaccommodationslocated? Annual HouseholdIncome Age State/Country Gender Nightly Rate (if Paid) Average: Median:$233$198 Overall Overnight visitor Overall