Pride Toronto 2018 Economic Impact Report

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Pride 2018 ECONOMIC IMPACT REPORT


2018 Economic Impact Report

Executive Summary This report summarizes the Economic Impact study results, conducted during the Pride Toronto Festival, 2018 prepared by Ipsos and Prism Economics and Analysis.

ATTENDANCE An estimated 1.6 million people attended Pride weekend and more than 1 million attended Pride month events (excluding Pride weekend). While the majority of attendees were from the GTA and Ontario, many visitors from other parts of Canada, the US, and internationally attended Pride events.

ECONOMIC IMPACT The average spend of Pride Toronto festival weekend attendees was estimated at $190. The average spend of Pride Toronto month attendees was $375. The Pride Festival (including Pride weekend) contributed an estimated $681 million to Ontario’s GDP, supported 5,600 direct jobs and generated $270 million in combined Federal, Provincial, and Municipal tax revenues.

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2018 Economic Impact Report

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Pride 2018 Statistics PRIDE MONTH EVENTS

17

Cultural Partner Events

3

4

2

Human Rights Panels

Pride Toronto Special Events

New Cultural Partners

LOCAL BUSINESS PARTNERS

37

Proud Business Supporters

14

New Business Partners (61% growth from 2017)


2018 Economic Impact Report

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Attendee Estimates PRIDE WEEKEND Over 1.6 million people attended the Pride Toronto festival held between June 22–24, 2018. 1.3 million people attended the 2017 Pride Toronto festival.

Did you attend any official Pride Toronto events this past weekend (Friday June 22 to Sunday June 24) including the Pride Parade or any major cultural events or affiliate events? Greater Toronto Area (GTA) (61%) Ontario, outside of GTA (30%) Canada, outside of Ontario (5%) USA (3%) International (excluding USA) (1%)

PRIDE MONTH Over 1.0 million people attended the Pride Toronto month held between June 1–26, 2018. 811,000 people attended the 2017 Pride Toronto month.

Did you attend any official Pride Toronto Festival events in the past month (June 1 to June 26) aside from the final weekend of Friday June 22 to Sunday June 24 including, but not limited to such events as: Colour ROM Proud, First Thursday at the AGO: Pride Month Launch Party, Cabana Pool Party, Til Sunrise Island Party, Night at the Aqueerium, TSO’s Brahm’s Symphony 1 (June 13 only), or Luminato’s RIOT (June 12 only)? Greater Toronto Area (GTA) (62%) Non-GTA (38%)


2018 Economic Impact Report

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Economic Impact PRIDE WEEKEND 1.6 million Pride Festival attendees spent an estimated $305 million on Pride related purchases over the Pride Toronto festival weekend (June 22 to June 24, 2018).

Total ($millions) Restaurants/Bars/Concessions

$89

Grocery/Beer/LCBO

$47

Recreation & Entertainment

Tickets & Admissions Pride Events

$24

Other recreation & Entertainment (CN Tower/Aquarium/Museums/Shows)

$22

Lodgings, Transportation, and Shopping

Transportation (TTC, car rentals, taxi, etc.)

$18

Hotels & Lodging

$57

Shopping

$47

Food & Beverages

PRIDE MONTH 1 million Pride month attendees spent an estimated $379 million on Pride related purchases over the Pride Toronto month (June 1–26, 2018).

Total ($millions) Food & Beverages

Restaurants/Bars/Concessions

$116

Grocery/Beer/LCBO

$65

Recreation & Entertainment

Tickets & Admissions Pride Events

$25

Other recreation & Entertainment (CN Tower/Aquarium/Museums/Shows)

$29

Lodgings, Transportation, and Shopping

Transportation (TTC, car rentals, taxi, etc.)

$17

Hotels & Lodging

$63

Shopping

$64


2018 Economic Impact Report

Economic Impact

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INFLUENCE

57% 50%

How much influence did the Pride Toronto festival have on your decision to visit Toronto? 2018 2017

6%

6%

5%

2%

<1%

No Influence

1%

2

1%

3

FISCAL IMPACT The Pride Festival (including Pride Weekend) contributed an estimated $681 million to Ontario’s GDP, supported 5,600 direct jobs, and generated $270 million in combined Federal, Provincial, and Municipal tax revenues.

4

6%

4%

2%

1%

<1%

9%

8%

5

6

12%

10%

7

8

9%

12%

9

Main single reason

Gross Domestic Product (GDP) ($millions)

GTA

Rest of Ontario

Total Ontario

Direct

$344

$0

$344

Indirect

$91

$68

$160

Induced

$124

$53

$177

Total

$559

$122

$681

Employment (jobs)

GTA

Rest of Ontario

Total Ontario

Direct

5,599

0

5,599

Indirect

893

545

1,438

Induced

927

457

1,384

Total

7,419

1,002

8,421

Total Taxes ($millions)

GTA

Rest of Ontario

Total Ontario

Direct

$92.68

$16.77

$109.44

Indirect

$104.90

$12.47

$117.38

Induced

$36.89

$5.69

$42.58

Total

$234.47

$34.93

$269.39


2018 Economic Impact Report

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Demographic Trends GENDER What is your gender identity?

52% 51%

2018 2017

40% 34%

6%

Male/Man

Female/ Woman

4%

2%

Trans

1%

Twospirited

5%

Gender neutral

SEXUAL ORIENTATION What is your sexual orientation?

3%

3%

3%

Cis

<1% <1%

Intersex

2%

2%

Genderqueer

1%

1%

Other

2018

2017

Gay

25%

26%

Heterosexual

23%

30%

Lesbian

19%

15%

Bisexual

15%

19%

Queer

8%

8%

Two-spirited

2%

3%

Asexual

2%

2%

Pansexual

4%

4%

Questioning

3%

1%

Other

3%

2%

Rather not say

2%

2%

1%

1%

Rather not say


2018 Economic Impact Report

Demographic Trends

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AGE

35% 32%

In what age range do you fall?

28%

2018

24%

2017 19%

20%

13% 8% 5%

4%

3%

6% 3% <1%

Under 18

18–24

25–34

35–44

45–54

55–64

65+

1%

<1%

Rather not say

INCOME What is your household income? 25% 22%

2018

23%

2017

21% 19% 17%

12%

12%

11% 9% 7% 5%

5% 3%

Under $25,000

$25,000 to $44,999

$45,000 to $79,999

$80,000 to $99,999

$100,000 to $149,999

$150,000 to $199,999

6%

4%

Over $200,000

No answer


2018 Economic Impact Report

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Travel Trends 49%

TRAVEL METHODS

47%

Half (49%) attended Pride by using public transit. Use of private car and Uber/Lyft has increased, walking is down. 33%

2018 2017

27%

18% 14% 8% 2%

TTC

4% n/a

Other local transit

Walk

OUT OF MARKET TRAVEL METHODS Pride attendees from outside Toronto are more likely to have travelled to the city by car (60%; +15% pts) and less likely to have travelled by bus (9%; -11 pts), compared to last year. 2018 2017

Private car

Uber/Lyft

3%

Taxi

1%

GO Train/Bus

45% 19%

By train

20% 9%

By bus

20% 9%

By plane

No answer

5%

3%

2%

Other

60%

By car

Other

3%

9% 1% 5% 1% 2%


2018 Economic Impact Report

Travel Trends

ACCOMODATION

2018

2017

What type of accomodation are you staying in during Pride?

OVERNIGHTS

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Private home (68%) Hotel, Motel, B&B (21%) Airbnb (8%)

Private home (56%) Hotel, Motel, B&B (25%) Airbnb (13%)

Other (3%)

Other (5%)

2018

2017

One in four (24%) festival attendees stayed overnight.

Staying overnight, don’t live in Toronto (21%)

Staying overnight, don’t live in Toronto (16%)

Staying overnight, live in Toronto (3%) Did not stay overnight (76%)

Staying overnight, live in Toronto (4%) Did not stay overnight (80%)

TRIP LENGTH

30% 26%

25%

27%

22%

How many nights will you stay in Toronto (other than your own home)?

22%

2018 17%

11%

2017

9%

10%

1% 1

2

3

4–6

7 or more

2%

Refused


2018 Economic Impact Report

Travel Trends

YEARS IN ATTENDANCE

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2018

2017

How many years have you attended Pride Toronto’s festivals?

SATISFACTION

1st year (25%)

1st year (25%)

2nd year (14%) 3rd or more (61%)

2nd year (10%) 3rd or more (62%)

70%

Very satisfied

How satisfied are you with Pride Toronto Festival overall this year?

60% 25%

Somewhat satisfied

20%

2018 2017

4%

Not very satisfied

Not at all satisfied No answer

9% 1% 2% n/a 10%

53%

PATRON ACQUISITION

42%

How did you hear about the festival this year?

32% 31% 22% 14%

10%

TV ads

15%

10%

6% 5% Radio ads

Social media

Word of mouth

2018

14%

Toronto Pride website

8%

I come every/ most years/ just know

13%

Other

2017 3% 3% Don’t remember


2018 Economic Impact Report

MOBILITY

Travel Trends

2018

2017

Do you have any mobility issues?

ACCESSIBILITY How satisfied are you with the accessibility of the Pride Toronto Festival overall this year? 2018 2017

11

Yes (6%)

Yes (23%)

No (94%)

No (77%)

55%

Very satisfied

40% 26%

Somewhat satisfied

27% 12%

Not very satisfied

9% 7%

Not at all satisfied No answer

23% n/a 3%


2018 Economic Impact Report

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Social Impact IMPORTANCE Why is Pride important to you? 2018 2017

Builds & strengthens LGBTTIQQ2SA community

25%

Celebrates diversity

23% 16%

Educates the public

16% 16%

Increases visibility of the community

17%

14%

Increased awareness of issues facing the community Other

REASONS FOR ATTENDANCE

To support the LGBTTIQQ2SA community

Why do you come to Pride?

To celebrate our cultural identity

2018 2017

16%

3%

6%

56% 44%

48%

To stand against discrimination

40%

43%

Increases visibility of the community

40%

38%

To feel connected to the community

35%

39%

24%

To develop community

28%

27%

To express myself To learn more about the community Other

26%

22%

21%

22%

7%

12%

34%

66%


2018 Economic Impact Report

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TD Sponsorship SPONSOR AWARENESS

2018

2017

Are you aware that TD is a sponsor of Pride?

Yes (84%)

Yes (71%)

No (16%)

No (28%)

38% 30%

26% 14%

28%

24%

Given that TD is a sponsor, in your opinion, how good of a fit is TD for Pride?

18%

13% 4%

SPONSOR PERCEPTION

6%

2018 2017

An excellent fit

36%

A very good fit

A good fit

34%

30% 17%

Not a very good fit

CUSTOMER ACQUISITION

39%

14%

11% 2%

Much more likely A little more likely

Don’t know/ refused

No impact

14%

3%

Less likely

To what extent does TD’s sponsorship of this event change the likelihood that you will do business with TD in the future? 2018

Don’t know

2017


2018 Economic Impact Report

Methodology Ipsos and Prism Economics and Analysis partnered to conduct the research and estimate the economic impact of the Pride Festival. Data was collected via intercept survey conducted over Pride weekend. An online omnibus survey was fielded immediately following Pride weekend to estimate attendance.

INTERCEPT SURVEY A total of n=750 intercept interviews were conducted. A token incentive of a $2 coffee gift card was offered to participants. The 5-minute intercept survey was conducted between Friday June 22nd and Sunday June 24th with interviewing stratified over the course of three days: Quota sample size Friday

150

Saturday

150

Sunday

450

Total

750

ONLINE SURVEY The online omnibus was conducted June 26–July 1, 2018. A representative sample of n=1037 Ontario residents were surveyed. The data was weighted by age, gender, region, and education to reflect the Ontario population based on the most recent census data. The estimate of attendance is weighted by Other Canada, US and International visitors based on the incidence found in the intercept survey.

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