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HomeMy WebLinkAbout01. VLMDAC November Meeting Minutes Vail Local Marketing District Advisory Council Monthly Meeting November 17th, 2022, 8:30 am In person Grand View Room & Virtual Zoom VLMDAC member attendees: In Person- Liana Moore (Antlers), Jana Morgan (Sweet Basil), Michael Holton (Vail Health), Esmarie Faessler (Sonnenalp) Zoom- Lauren Barotz (Vail Resorts), Douglas Kessler (Home Owner), Theron Gore (East West) Additional attendees: In Person- Mia Vlaar (Town of Vail), Kristin Yantis (MYPR), Ainslie Fortune (Cactus), Jeremy Gross (Town of Vail), Carlie Smith (Town of Vail), Meggen Kirkham(SITE Marketing), Mark Herron (Lodging Liaison), Chris Romer (Vail Valley Partnership), Abby Oliveira (Town of Vail), Slade Cogswell (970 Design), Bob Brown (BAAG), Jeremy Coleman (BAAG) Zoom- Kim Brussow (Vail Valley Partnership), Ali Longwell (Vail Daily), Jenna Luberto, Shun-Luoi Fong (Cactus), Matthew Stontz (Cactus), Charlie Herrington, Michaella Hader (Cactus), Robert Troller, Parker Owens (Bravo), Naveen Chandra, Kelly Ladyga (pineapple digital) Call to Order Esmarie called meeting to order 8:37am I. MONTHLY FINANCIAL REPORT – September collections are $313,000 which is 3.3% up from 2021 and way above 2019 at 8% Year to Date is $4.25m which is up 39% from 2021 and 50% from 2019 and 19.3% above budget 2022 Amended Budget-Lodging Tax Collections: $5,350,000 - Revenue increase of $915,000 - Projected ending fund balance is now $3,175,898, 59% of annual revenues II. APPROVALS - VLMDAC October 20 Minute Approval Approval Liana/ ??? second/ unanimous III. INFORMATION & DISCUSSION UPDATES - Board Orientation & Training Mia explained the role of the Board members - Year to Date Recap & Learnings Cactus went over “life is but a dream” campaign Spring, Summer, Fall and overall year results Paid Media Results, web results Dream trip influencer test- Macro vs. Mega - CRM and Analytics Update Presented end of year results and accomplishments -see presentation for details - Travel Classics Recap There were 14 editors and 40 freelance writers attending There were over 30 local partners that participated The BIG event was a Vail Village History Tour & Taste of Vail Dinner - 2023 Loyalty Program/Bucket List Personalized Bucket List Campaign- create a campaign that provides engaging and unique personalized content to potential Vail visitors in exchange for in-depth customer data that can be used for future targeted marketing Schedule/Timeline was shared - Video Film Episodes Shared two videos that are on the website There are six videos and two more in production - Town of Vail Updates Current push is our Revelry activities Vail Holidays starts December 17th with Santa - Other Business Several Board Members are up- Douglas and Esmarie have turned in their applications Presenting the budget on December 6th but it may be the 20th or January Hold December 20th for interviews - Adjournment Motion to adjourn by ?? / ?? second/ unanimous 11:24AM Upcoming Meetings: VLMDAC Board Meeting, Thursday, December 15, 2022, Grand View Room