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HomeMy WebLinkAbout09-11-2016 Oktoberfest_DashTotal economic impact per attendee day Restaurants/Bars/ Prepared Food Vendors Shopping Lodging Recreation (golf, bike rental, etc.) Other items, excluding lodging $0 $100 $200 Economic Impactper Attendee-Day$111 $13$26 $10$54 $8 Direct Economic Impact to TOV per Attendee-Day In paid lodging Vacation home/timeshare With friends/family Other 73% 16% 10% Overnight Visitor Profile Myself Only 2 3 4 5 6 or more 57% 14% 16% 10% 2% 1% 1 2 3 - 5 6 - 8 9 - 14 15 or more 20% 34% 25% 19% 1% 2% Vail Beaver Creek Avon Edwards Eagle/Gypsum Summit County Other 74% 11% 6% 2% 3% 4% Under $50k $50k-$100k $100-$150k $150k or more 17% 26% 20% 37% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 26% 20% 19% 18% 10% 0% 6% 2% Male Female 50% 50% Detractor Passive Promoter 0% 20% 40% 60% 80%% of Total Number of Records15%17% 68% 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%Percent Responding34% 39% 2%4%2%0% 6%3%4%4%2% Importance of Event in Decision to Visit Vail Today - Overall 2016 Event funding Direct economic Impact to TOV Economic impact payback ratio $21.84 $1,201,441.99 $55,000.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee-Days0K 10K 20K 10.9K Attendance Est 52% NPS Net Promoter Score Overnight visitor Seasonal resident of Vail Valley Full-time resident of Town of Vail Full-time downvalley resident Day visitor to Vail 0% 50%Percent Responding50% 10% 19%16% 5% Visitor Type Colorado Florida Texas Minnesota Nebraska California Illinois Missouri New York 1% 1% 1% 1% 2% 2% 3% 4%74% 2016 Vail Event Visitor Summary: Oktoberfest, September 9-11 & 16-18, 2016 Survey technique: Intercept. Overall sample size: 257 (Please note that sample sizes are smaller for subgroups.) Number of years event has taken place in Vail (including 2016): 45 Average Overall Overnight visitor Seasonal resident of Vail Valley Full-time downvalley resident Full-time resident of Town of Vail Day visitor to Vail 7.4 7.0 7.6 3.1 3.6 5.3 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:$252 $240 Overall Overnight visitor Overall