2018 Visit Mankato Annual Report

Page 1

2018

Annual Report MISSION: Visit Mankato will lead the development of the visitor economy in Greater Mankato.

VISION: Greater Mankato will be an exceptional destination for conventions, tournaments and tourism.

Budget Breakdown

Revenue: Lodging Tax of Total $1,000,000

Administrative, 7% Leisure, 29% Conventions, 22%

$700,000

$400,000

$100,000 2015

2016

Total

Sports Commission, 42%

Traveler Stays by Season

2017

2018

Lodging Tax

Mankato Average Hotel Occupancy Rate Rate Mankato Average Hotel Occupancy 100%

Fall 27%

Winter 27%

(Sept-Nov)

(Dec-March)

90% 80% 70% 60%

57.3%

55.1%

57.1%

57.9%

2015

2016

2017

2018

50% 40% 30% 20%

Spring 17% (April-May)

Summer 29%

10% 0%

(June-August)

Our seasons closely follow the state of Minnesota’s. Above is a breakdown of traveler stays by season. *Note: data from STR report

Hotel Room demand up 10%

Mankato Average Daily Rate $140 $120 $100

$84.04

$91.83

$95.27

$93.87

2016

2017

2018

$80 $60 $40

15

Hotels

1,153 Rooms

269

City Center rooms

$20 $0 2015


Impact of Tourism Strategic goals to grow the tourism economy through 2020 Increasing Economic Impact: Increase economic impact from events and tourism from $15M to $25M. Destination Development: Provide leadership with other partners to develop at least 3 new products that significantly enhance our destination for visitors & residents. Visitor Experience/Front Line Staff Training: Ensure systemic brand adoption & training of front-line staff to ensure great customer service and experiences. Increase Revenue: Increase Visit Mankato’s revenue from $863,000 to $1.5M.

TAX REVENUE

Minnesota

Blue Earth Cty

SALES

JOBS

gross leisure & hospitality sales

state & local tax revenue from tourism

leisure & hospitality employment

$213.7M

$13.7M

4,391

up 4% over 2015

up 2% over 2015

$42M

$996M

18 percent generated of all sales tax reveue

gross sales per day

up 2% over 2015

270K+

11 percent of total private sector

$15.3B $10.2B

‘05

$11.9B

‘11

‘17

sales at leisure and hospitality businesses grew 50 percent from 2005 to 2017 *Note: data for leisure and hospitality sector, 2017


Leisure 98,761

114

Local and state news articles/interviews featuring Visit Mankato and its events like the Mankato Marathon

E-newsletter subscribers (up 8%)

6,640

3,293

1,576l

Total inquiries from all sources including website sessions, email, phone (down 11%)

635 new Facebook fans (up 10%, engagement rate 5.49%)

51 new Twitter followers (up 5%, engagement down 2%)

3,432

133 new Instagram followers (up 26%)

*Note: data reflects 2018 year-to-date data over 2017 year-to-date data

visitmankato.com web traffic increased due to the winter campaign over previous years’ performance Travel Writers 18 travel writers hosted; 8 through independent expierences an 10 through our instameet event.

169,963

9,289

social media impresssions *estimated

7.240

social media engagement

Facebook post clicks

Gather in the GreenSeam

G

The increase in participants derived from the introduction of the Taste and Tour of Old Town allowing businesses the opportuity to be involved in various ways throughout the day. Advertising efforts included social media, national digital ads via web and Facebook, email newsletters, news articles on local television, radio and newspaper outlet as well as other organic mediums. Although total impressions are down from 4.1 milllion impressions in 2017, we were able to capture a larger demographic audience because 3.8 million of those impressions were from one content activation piece from one company.

1,906,227

HER AT

IN TH

E

total impressions with the Gather in the GreenSeam campaign

6,214

website pageviews

30

businesses and organizations participated and/or advertised for their events during Gather in the GreenSeam

More Mankato

Visit Mankato collaborated with Greater Mankato Growth to launch virtual tours website, moremankato.com, was launched in November 2017 with a robust marketing plan supporting it to attract, recruit and retain prospective employees, tourists and residents. from outside Greater Mankato viewed moremankato.com 2+ or more times and spent more than 10 minutes on the website


Conventions 51

76

Leads sent

22

Bids sent

(up 38 %)

39

Booked events

(down 10%)

Conventions assisted

(down 73%)

$2.26M

Economic impact

(up 86%)

*Note: data reflects 2018 year-to-date data over 2017

(up 10%)

*Note: data reflects conventions in 2018

people attended our two largest conferences to date: Transportation Aliance & Towards Zero Deaths

Mankato also served as the host city for our respective colleagues from accross the state of Minnesota for the Explore Minnesota Tourism Conference.

Sports Commission 153

Leads sent/assists (up 143%)

50

34

Bids sent

Booked events

(up 56 %)

(up 21%)

*Note: data reflects 2018 year-to-date data over 2017

72

Events assisted (down 11%)

$17.2M

Economic impact (up 38%)

*Note: data reflects events in 2018

Purchased full ownership rights to the Mankato Marathon.

3,500 Participants

Hosted the 2018 MN Senior Games

mankato M I N N E S O TA

particpants competed in sporting events

$1.5M

Economic impact

Hosted the MS Bike Ride Across MN

21

participants


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