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HomeMy WebLinkAbout2016 Farmers Market_DashTotal economic impact per attendee day Restaurants/Bars/ Prepared Food Vendors Lodging Shopping Recreation (golf, bike rental, etc.) Other items, excluding lodging $0 $100 $200 Economic Impactper Attendee-Day$128 $48 $36$40 $3 $1 Direct Economic Impact to TOV per Attendee-Day In paid lodging Vacation home/timeshare With friends/family Other 54% 38% 8% Overnight Visitor Profile Myself Only 2 3 4 5 6 or more 42% 21% 23% 4% 4% 6% 1 2 3 - 5 6 - 8 9 - 14 15 or more 21% 17% 35% 10% 10% 8% Vail Beaver Creek Avon Edwards Eagle/Gypsum Summit County Other 71% 10% 10% 8% 2% Under $50k $50k-$100k $100-$150k $150k or more 14% 26% 16% 44% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 11% 11% 21% 26% 21% 2% 8% Male Female 44% 56% Detractor Passive Promoter 0% 20% 40% 60% 80%% of Total Number of Records10% 20% 70% 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 Responding55% 10% 25% 1%1%1%1%1%3% Importance of Event in Decision to Visit Vail Today - Overall 2016 Event funding Direct economic Impact to TOV Economic impact payback ratio $303.00 $10,605,072.75 $35,000.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee-Days10K 20K 30K 40K 50K 60K 70K 80K 90K 83.0K Attendance Est 60% 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 Responding60% 21% 5%7%8% Visitor Type Colorado Texas Florida California Kansas 3% 3% 6% 9% 47% 2016 Vail Event Visitor Summary: Farmer's Market, Sundays June 19-October 2, 2016 (16 Sundays) Survey technique: Intercept. Overall sample size: 87 (Please note that sample sizes are smaller for subgroups.) Number of years event has taken place in Vail (including 2016): 14 Average Overall Overnight visitor Seasonal resident of Vail Valley Full-time downvalley resident Full-time resident of Town of Vail Day visitor to Vail 4.3 7.3 7.8 3.8 2.7 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:$359 $300 Overall Overnight visitor Overall