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HomeMy WebLinkAboutSB2V19_RRC SURVEY_AllTotal economicimpact per attendeeday Restaurants/bars/food concessions Shopping Lodging Recreation (Lifttickets ex. EpicPass, etc.) Other items $0$100 $200 $300 $400 Economic Impactper Attendee-Day$80 $35 $15 $14$9 $7 Direct Economic Impact to TOV per Attendee-Day In commercial lodgingIn rent-by-owner lodgingVacation home/timeshareWith friends/familyOther 53% 29% 6% 9% 3% Overnight Visitor Profile 1 2 3 4 5 6 or more 61% 16% 10% 3% 3% 6% 1 2 3 - 56 - 8 9 - 1415 or more 13%35% 32%13% 6% Vail Summit County Edwards Avon Eagle/Gypsum Beaver Creek Other 68% 15% 12% 3% 3% Under $50k $50k-$100k $100k-$150k $150k or more 31% 31% 15% 24% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 19% 24% 23% 20% 9% 6% Male Female 53% 48% Promoter Passive Detractor 0% 20% 40% 60% 80%Percent Responding66% 23% 12% Likelihood of Recommending Event to a Friend or Family Member 0: None, Iwould havecome toVailanyway 1 2 3 4 5: Half myreason forcoming toVail 6 7 8 9 10: My onlyreason forcoming toVail 0% 20% 40%Percent Responding25% 10% 41% 1%1%1%1%3%4%9%4% Importance of Event in Decision to Visit Vail Today - Overall 2019 Town of Vail funding Direct economic impact to TOV Economic impact payback ratio TOV/VLMD sales tax impact TOV/VLMD sales tax impact ratio $0.09 $27,241 $2.94 $882,655.62 $300,000.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee Days0K 10K 20K 11.1K Attendance Est 54% NPS Net Promoter Score Overnightvisitor Full-timedownvalleyresident Day visitorto Vail Full-timeresident ofTown of Vail Seasonalresident ofVail Valley 0% 10% 20% 30% 40%Percent Responding39% 21%20%14% 6% Visitor Type ColoradoFlorida Illinois Texas Tennessee GeorgiaMassachusetts New York 1%1%1% 1%2% 2% 3%78% No74% Yes26% Attended Event Last Year? 2019 Vail Event Visitor Summary: Spring Back to Vail - All (Concert & Other) April 11 - 14, 2019 Survey technique: Intercept & Post-event email. Number of years event has taken place in Vail (including 2019): 16 Overall Overnight visitor Seasonal resident of Vail ValleyFull-time resident of Town of VailFull-time downvalley residentDay visitor to Vail 8.77.15.34.1 5.1 6.3 Are youstaying: How many peopleare staying in youraccomodationsunit? Nights in thearea this trip Where are yourlodgingaccommodationslocated? Annual HouseholdIncome Age State/Country Gender Nightly Rate (ifPaid) Average: Median:$195$159 Overall Overall event 10th Mountain Parade Pink Vail 2019 Powabunga Fest Spring Back to Vail - All (Concert & Other) Spring Back to Vail - Concerts Only Sample Size: 340