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HomeMy WebLinkAbout2016 Vail Dance Festival_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$129 $47 $33 $33 $3 $1 Direct Economic Impact to TOV per Attendee-Day In paid lodging Vacation home/timeshare With friends/family Other 57% 33% 9% 1% Overnight Visitor Profile Myself Only 2 3 4 5 6 or more 41% 17% 19% 7% 8% 8% 1 2 3 - 5 6 - 8 9 - 14 15 or more 11% 22% 18% 31% 10% 8% Vail Beaver Creek Avon Edwards Eagle/Gypsum Summit County Other 65% 11% 9% 3% 3% 8% Under $50k $50k-$100k $100-$150k $150k or more 15% 30% 16% 40% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 19% 27% 24% 1% 3% 9% 9% 8% Male Female 37% 63% Detractor Passive Promoter 0% 20% 40% 60% 80%% of Total Number of Records16% 77% 7% 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 Responding40%41% 1%1%1%1% 9% 1%1%3%3% Importance of Event in Decision to Visit Vail Today - Overall 2016 Event funding Direct economic Impact to TOV Economic impact payback ratio $56.72 $2,687,497.53 $47,380.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee-Days0K 10K 20K 30K 20.9K Attendance Est 70% 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 Responding59% 16%12% 3%9% Visitor Type Colorado Florida Texas Kansas New York Arkansas California Illinois Mexico Minnesota 2%2% 2% 2% 2% 4% 4% 5% 12%48% 2016 Vail Event Visitor Summary: Vail International Dance Festival, July 30-August 13, 2016 Survey technique: Intercept. Overall sample size: 63 (Please note that sample sizes are smaller for subgroups.) Number of years event has taken place in Vail (including 2016): 28 Average Overall Overnight visitor Seasonal resident of Vail Valley Full-time downvalley resident Full-time resident of Town of Vail Day visitor to Vail 6.4 7.0 9.3 3.7 4.4 5.2 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:$287 $205 Overall Overnight visitor Overall