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VAF2021 Event RecapSurveyed Event Recap: 2021 Vail Arts Festival Cultural, Recreational & Community Category September 1, 2021 Vail Arts Festival: June 18-20, 2021 Laurie Asmussen Phone: 970.376.3756 laurie@vailartsfestival.com 2 Overall Event Highlights & Successes 3 •The overall event successes included: •Overall attendance was estimated at 13,000 over three days •Estimated economic impact of $1.3 million over three-day weekend •Improved layout due to Covid concerns, with safety of guests and promotion of existing businesses in Lionshead village the top priority for a successful event Questions from CSE 4 Attendance Estimate 5 •Estimated attendance: 13,327 •Number/percentage of people who came specifically for event: 35% •Number/percentage of first-time attendees: 68% We hope to increase 2022 attendance as Covid-19 variances are addressed and attending artists and guests feel more comfortable at public events Visitor Type 6 •Was this the visitor type split you expected? No, but pleasantly surprised •Why or why not? Please explain. Historically, we have seen more Out-of- State than In-State/Local attendees •What steps would you take to optimize visitor mix for future events? Post- covid will allow for more broad marketing of the event 0% 20% 40% 60% 80% 100% Local In-State Day In-State Overnight Out-of-State 47% 3% 13% 37% 20% 4% 27% 44% 64% 6% 17%14% 61% 4%13% 22% 76% 6% 15% 3% 55% 8%8% 29% 48% 12%16% 24% 58% 8% 20%15% 84% 8%8% 41% 3% 11% 46% Vail Arts Festival -Came for Event by Market Segment 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 N =37 Overnight Visitor Profile: Overnight Visitors & Seasonal Residents Only Only 7 •What measures did you take to encourage attendees to book lodging in the Town of Vail? Promoted Vail-only properties. We intend to take additional measures in the future to promote staying in Vail. 0% 20% 40% 60% 80% 100% Paid Lodging Friends/Family 2nd Home Timeshare Primary Residence Other Day Trip 32% 10% 15% 12% 28% 4% 42% 8% 15%15%16% 3% 21%15%13%18%24% 8% 33% 8%13%13% 23% 8% 29% 11%17%15% 24% 5% 34% 10%14%18%17% 7% 27% 8% 18% 9% 25% 2% 11% 45% 11%14% 2% 20% 1%7% 38% 3%8%5% 43% 1%4% 36% 6% 28% 11%14% 5% Vail Arts Festival -Accommodations 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 N =107 Overall Visitor Profile 8 •Who was your anticipated target demographic? Males/Females, ages 30--60 years old •Did you reach your target demographic? Yes; Average age of attendees, 58.4 years old, 59% •What would you change to attract that audience next year? Add additional event components to attract visitors such as music and wine tastings 0% 20% 40% 60% 80% 100% Self Spouse or significant other Friends Only Friends and Family Family (including children) Family (not including children) Group 10% 38% 10% 6% 30% 6%2% 28% 12%8% 42% 7%10% 33% 10%7% 30% 9%10% 44% 7%4% 21% 13%9% 34% 9%8% 34% 6%8% 24% 9%3% 44% 10% 2% 20% 29% 12% 4% 27% 3%1%5% 18%12%9% 39% 14% 2% 15% 50% 8%3% 19% 5%1% 21%22% 7%5% 15% 30% Vail Arts Festival -With Whom Attended 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 N =107 Role/Importance of Event in Intent to Visit Vail 9 •What actions did you take this year to generate the number of overnight guests? Targeted advertising locally and via social media •How would you increase the number of overnight Vail guests coming for the event next year? Advance advertising via mediums used by VLMDAC 0% 20% 40% 60% 80% 100% Came for event Heard about it after arrival 46% 54% 42% 58% 35% 65% 38% 62% 30% 70% 31% 69% 49%51% 34% 66% 48%53% 35% 65% Vail Arts Festival -Reason for Visiting Vail 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 N =107 NPS (Net Promoter Score)/Likelihood to Recommend 10 •Do you think the NPS scores reflect the attendee event experience? Our goal is to constantly improve the event and hope the NPS improves as well. •What steps would you take to improve the NPS scores for your event next year? Add additional event components to enhance guest experience 61 57 51 45 60 50 96 52 -50 -30 -10 10 30 50 70 90 0% 20% 40% 60% 80% 100% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Net Promoter ScoreRecommendation DistributionAxis Title Net Promoter Scores Promoters Passive Supporters Detractors NPS Estimated Return on Investment (ROI) & Attendee Expenditures 11 10,455 15,149 14,472 14,772 15,714 18,156 18,418 15,980 13,327 7,468 10,821 10,156 10,258 10,803 12,626 13,046 10,743 8,339 3,137 3,782 3,893 3,522 3,393 5,642 4,385 5,103 2,884 $836,792 $1,270,692 $1,006,293 $888,877 $961,449 $965,426 $1,295,278 $895,475 $1,800,310 $(1,500,000) $(1,000,000) $(500,000) $- $500,000 $1,000,000 $1,500,000 $2,000,000 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 VAF -Estimated Attendance and Revenue Generation Total Attendance Total People Total People (Came for VAF)Gross Revenue Generation Estimated amount of spending/day: $135 per attendee day Event Strengths & Weaknesses 12 •How did the event exceed expectations? By re-configurating the event layout to keep it safer for guests due to Covid-19, we encouraged guests to come out and enjoy the event. •What are areas for event improvement? Goal is to improve guest experience by adding additional event elements that encourage them to stay in Lionshead longer, such as music and family entertainment in Arrabelle at Vail Square. •How did this year’s event compare to previous years? Attendance was greater than expected, due to Covid-19. The layout of the event created an easier path through the exhibits, allowing for greater interaction with the artists. Vail Brand Compatibility 13 •How did the event support the Vail Brand? -Jury process included outreach to new artist applicants and evaluation of all applications and discussions regarding fit with Vail brand -Continued focus on site layout/Festival improvements meant to enhance guest experience and compliment existing businesses and activities, following Covid-19 outbreak the previous summer. Brand Positioning: •Town of Vail: The Premier International Mountain Resort Community •Vail Mountain: Like nothing on earth Community Contribution 14 •How did the event impact Vail’s sense of community? Collaborated with artists to lay out the site to create more room for guests to move through site and access retail and restaurants during event hours.Also worked closely with Arrabelle staff to allow for outdoor dining areas for take out meals. Event goals each year are to welcome guests to meet the artists and enjoy the process of creation of collectible art. Topline Marketing Efforts 15 •Vail Daily two-page ad truck spotlighting featured artists at the show •Increased social media presence via social media channels •Inclusion on Discover Vail pages and advertisements •Please attach complete marketing plan to end of presentation. Potential for Growth & Sponsorships/Media Exposure 16 •How do you see the event evolving or growing next year? Growing the number of artists as the site plan allows and adding additional guest attractions such as static displays, music and wine tasting. •What sponsors do you plan to target next year? (Including existing and potential sponsors) We want to incorporate new sponsors and will continue to pursue throughout the year leading up to the event date •How will you leverage media exposure and extend the marketing reach next year? If budget is increased, front range targeted advertising would be purchased Sustainability Efforts 17 •What measures were taken at your event/program to support the environmentally-friendly goals of the Town of Vail? Reusable shopping bags were used; All merchandise was put into reusable bags; posters were sold including paper tube, no bags. •What waste reduction methods were used during your event/program? We worked closely with TOV public works to offer recycling and trash containers throughout site. Our team also worked with Arrabelle at Vail Square staff to sort and dispose of recycling and trash. •How could you improve on sustainability efforts for next year’s event? By following any initiatives set forth by the Town of Vail The Town of Vail is committed to the stewardship and protection of our unique mountain environment. In consideration of both our local and global impacts and opportunities, our environmental vision is to demonstrate and promote: renewable energy, resource efficiency, ecosystem protection, and community awareness and education. Event Budget 18 * Event producer to attach detailed budget for recap Item $ Total Event Budget:$25,250 CSE Funds:$7,088 Cash Sponsorship (not CSE):-0- In-kind Sponsorship:$2,000 Marketing Budget:$8,200 Profit & Loss:$2,910 How did you use the CSE funds? (marketing, operations, staff, venue, etc.) Staffing, operations, event supplies, signage