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HomeMy WebLinkAbout02. c. Taste of Vail DashboardTotal economicimpact perattendee day Restaurants/bars/foodconcessions Lodging Tickets to FallWine & FoodClassic events Shopping Recreation (golf,bike rental,chairlift ride, etc.) Other items $0$100 $200 $300 $400 Economic Impactper Attendee-Day$280 $89 $54 $47 $42 $17 $30 Direct Economic Impact to TOV per Attendee-Day In commercial lodgingIn rent-by-owner lodgingWith friends/familyVacation home/timeshareOther 69% 15% 8%8% Overnight Visitor Profile 1 2 3 4 5 6 or more 54% 15% 8% 8% 8% 8% 1 2 3 - 56 - 8 9 - 1415 or more 15%38% 46% Vail Avon Beaver Creek Eagle/Gypsum Edwards Summit County Other 85% 15% Under $50k $50k-$100k $100k-$150k $150k or more 24% 18% 59% Overall Visitor Profile Under 18 18 - 24 25 - 34 35 - 44 45 - 54 55 - 64 65 - 74 75 or older 25% 35% 25% 10% 5% Male Female 23% 77% Promoter Passive Detractor 0% 20% 40% 60% 80%Percent Responding50% 27%23% 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 Responding41% 23% 14%9%5%9% 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 $0.22 $5,490 $7.61 $190,366.00 $25,000.00 Return on Investment: Funding vs. Impact Summary of Key Trip Characteristics and DemographicsAttendee Days100 300 500 700 680 Attendance Est 27% NPS Net Promoter Score Overnightvisitor Seasonalresident of VailValley Full-timedownvalleyresident Full-timeresident ofTown of Vail 10% 20% 30% 40% 50% 60%Percent Responding58% 21%17% 4% Visitor Type ColoradoGeorgiaIllinoisNebraskaNew MexicoNew YorkNorth DakotaPennsylvaniaTexas 5%5%5%5%5%5%5%5%58% No87% Yes13% Attended this event last year? 2019 Vail Event Visitor Summary: Taste of Vail: Fall Wine & Food Classic September 21, 2019 Survey technique: Post-event email. Number of years event has taken place in Vail (including 2019): 3 Overall Overnight visitor Seasonal resident of Vail Valley Full-time resident of Town of Vail Full-time downvalley resident 2.5 3.2 5.2 4.2 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:$264$250 Overall Overnight visitor Overall event 10th Mountain Parade $20.19 Vail Beaver Creek Restaurant Week CampSight: An Innovation + marketing unconference Colorado Snowsports Museum: Alpine Journeys Gourmet on Gore Kids Adventure Games Legacy Fighting Alliance Pink Vail 2019 Powabunga Fest Spring Back to Vail - All (Concert & Other) Spring Back to Vail - Concerts Only Taste of Vail: Fall Wine & Food Classic Vail America Days Vail Film Festival Vail Lacrosse Shootout Vail Oktoberfest Vail Summer Bluegrass Series Sample Size: 24