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HomeMy WebLinkAbout04-09-2025 TBID Agenda Packet Tourism Business Improvement District Board AGENDA Wednesday, April 9, 2025, 10:00 a.m. Council Hearing Room, 990 Palm Street, San Luis Obispo The Tourism Business Improvement District Board holds in-person meetings. Zoom participation will not be supported at this time. Attendees of City Council or Advisory Body meetings are eligible to receive one hour of complimentary parking; restrictions apply, visit Parking for Public Meetings for more details. INSTRUCTIONS FOR PUBLIC COMMENT: Public Comment prior to the meeting (must be received 3 hours in advance of the meeting): Mail - Delivered by the U.S. Postal Service. Address letters to the City Clerk's Office at 990 Palm Street, San Luis Obispo, California, 93401. Email - Submit Public Comments via email to advisorybodies@slocity.org. In the body of your email, please include the date of the meeting and the item number (if applicable). Emails will not be read aloud during the meeting. Voicemail - Call (805) 781-7164 and leave a voicemail. Please state and spell your name, the agenda item number you are calling about, and leave your comment. Verbal comments must be limited to 3 minutes. Voicemails will not be played during the meeting. *All correspondence will be archived and distributed to members, however, submissions received after the deadline may not be processed until the following day. Public Comment during the meeting: Meetings are held in-person. To provide public comment during the meeting, you must be present at the meeting location. Electronic Visual Aid Presentation. To conform with the City's Network Access and Use Policy, Chapter 1.3.8 of the Council Policies & Procedures Manual, members of the public who desire to utilize electronic visual aids to supplement their oral presentation must provide display-ready material to the City Clerk by 12:00 p.m. on the day before the meeting. Contact the City Clerk's Office at cityclerk@slocity.org or (805) 781-7114. Pages 1.CALL TO ORDER Chair Bates will call the Regular Meeting of the Tourism Business Improvement District Board to order. 2.PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA At this time, people may address the Committee about items not on the agenda. Comments are limited to three minutes per person. Items raised at this time are generally referred to staff and, if action by the Committee is necessary, may be scheduled for a future meeting. 3.APPOINTMENTS - OATH OF OFFICE Christine Nelson and Dante Specchierla, appointed by the City Council on April 1, 2025 will take the oath of office to serve on the TBID Board. 4.BOARD INTRODUCTIONS Board, staff and contractors will introduce themselves. 5.CONSENT 5.a MINUTES OF TBID REGULAR MEETING ON MARCH 12 5 5.b SMITH TRAVEL REPORT (STR)9 5.c TRANSIENT OCCUPANCY TAX (TOT) REPORT 11 5.d SLO CHAMBER PUBLIC RELATIONS MONTHLY REPORT 13 5.e SLO CHAMBER GUEST SERVICES MONTHLY REPORT 15 5.f NOBLE STUDIOS & UNIQUELY DRIVEN MARKETING MONTHLY REPORT 17 5.g BADGER BRANDING ORGANIC SOCIAL REPORT 23 6.PRESENTATIONS 6.a TOURISM ECONOMICS CO-OP UPDATE (15 MIN)33 Representative from Visit SLO CAL will present the findings from the Economic Impact Study and Lodging Forecast co-ops with Tourism Economics. 6.b MARKETING SERVICES QUARTER REPORT(15 MIN) Representatives from Noble Studios and Uniquely Driven will present the third quarter report for the marketing activities for the SLO TBID. 6.c PUBLIC RELATIONS & GUEST SERVICES QUARTER REPORT (15 MIN) Representatives from the SLO Chamber will present the third quarter report on the Public Relations and Guest Services contract activities with the SLO TBID. 6.d CONTENT MARKETING QUARTER REPORT (15 MIN) Representatives from the Badger Branding will present the third quarter report for the content marketing support and organic social media activities with the SLO TBID 7.BUSINESS ITEMS 7.a TBID ANNUAL CONTRACTOR PROPOSALS The Board will receive contract proposals for consideration from the following strategic partners and contractors: 7.a.1 Cal Poly Athletics - Sponsorship (15 MIN) 7.a.2 San Luis Obispo Chamber of Commerce - Guest Services & Public Relations (15 MIN) 7.a.3 Badger Branding - Content Marketing Services (15 MIN) 7.b BOARD LIASON PROGRAM AND ASSIGNMENTS (10 MIN) The Board will review the liaison program for discussion and assign property liaisons for the remainder of FY25 and FY26. 8.TBID LIAISON REPORTS & COMMUNICATION 8.a HOTELIER UPDATE 8.b MARKETING COMMITTEE UPDATE 8.c MANAGEMENT COMMITTEE UPDATE 8.d PCC UPDATE 57 8.e VISIT SLO CAL UPDATE 8.f TOURISM PROGRAM UPDATE 9.ADJOURNMENT The next Regular Meeting of the Tourism Business Improvement District Board is scheduled for May 14, 2025 at 10:00 a.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo. LISTENING ASSISTIVE DEVICES are available -- see the Clerk The City of San Luis Obispo wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities. Any person with a disability who requires a modification or accommodation in order to participate in a meeting should direct such request to the City Clerk’s Office at (805) 781-7114 at least 48 hours before the meeting, if possible. Telecommunications Device for the Deaf (805) 781-7410. Agenda related writings or documents provided to the Tourism Business Improvement District Board are available for public inspection on the City’s website, under the Public Meeting Agendas web page: https://www.slocity.org/government/mayor-and-city-council/agendas-and- minutes. Meeting video recordings can be found on the City’s website: http://opengov.slocity.org/WebLink/Browse.aspx?id=61016&dbid=0&repo=CityCl erk 1 Tourism Business Improvement District Board Minutes March 12, 2025, 10:00 a.m. Council Hearing Room, 990 Palm Street, San Luis Obispo TBID Board Present: (Member Prashant Patel arrived at 10:50 a.m., Member Nipool Patel left at 10:53 a.m.) Member Lori Keller, Member Nipool Patel, Vice Chair Clint Pearce, Chair Lydia Bates TBID Board Absent: None City Staff Present: Tourism & Community Promotions Manager Jacqui Clark- Charlesworth _____________________________________________________________________ 1. CALL TO ORDER A Regular Meeting of the San Luis Obispo Tourism Business Improvement District Board was called to order on March 12, 2025 at 10:05 a.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo, by Chair Bates. 2. PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA Public Comment: None --End of Public Comment-- 3. CONSENT Motion By Member N. Patel Second By Vice Chair Pearce To approve Consent Items 3a to 3g. Ayes (4): Member Keller, Member Nipool Patel, Vice Chair Pearce, and Chair Bates Absent (1): Member Patel CARRIED (4 to 0) Page 5 of 60 2 3.a MINUTES OF TBID REGULAR MEETING ON FEBRUARY 12 3.b SMITH TRAVEL REPORT (STR) 3.c TRANSIENT OCCUPANCY TAX (TOT) REPORT 3.d SLO CHAMBER PUBLIC RELATIONS MONTHLY REPORT 3.e SLO CHAMBER GUEST SERVICES MONTHLY REPORT 3.f NOBLE STUDIOS & UNIQUELY DRIVEN MARKETING MONTHLY REPORT 3.g BADGER BRANDING ORGANIC SOCIAL REPORT 4. PRESENTATIONS 4.a NEW LODGING PROPERTY INTRODUCTION (10 MIN) Elaina Jardini, Dual Director of Sales and Marketing for Residence Inn/Springhill Suites provided an overview of the property to the Board. Public Comment: None --End of Public Comment-- 4.b PARTNER RECEPTION RECAP (5 MIN) Tourism & Community Promotions Manager Jacqui Clark-Charlesworth presented the recap of the Partner Reception and responded to inquiries. Public Comment: None --End of Public Comment-- 5. BUSINESS ITEMS 5.a Q4 MEDIA PLAN REVIEW (15 MIN) Representatives from Noble Studios presented the media plan for the fourth quarter which was approved by the Marketing Committee. Public Comment: None --End of Public Comment-- Action: No action taken on this item. Page 6 of 60 3 5.b SLO LIFE COACH IN MARKET FILMING (15 MIN) Representatives from Noble Studios presented SLO Life Coach In-Market Game Plan and an opportunity to extend the on-location filming for the SLO Life Coach campaign in April. Public Comment: None --End of Public Comment-- Motion By Vice Chair Pearce Second By Member Nipool Patel To approve extending the on-location filming for the SLO Life Coach campaign using Option 1 with a not to exceed amount of $20,000 allocated from TBID’s available fund balance. Ayes (4): Member Keller, Member Nipool Patel, Vice Chair Pearce, and Chair Bates Absent (1): Member P. Patel CARRIED (4 to 0) 5.c CONTRACTOR EVALUATIONS (15 MIN) Tourism & Community Promotions Manager Jacqui Clark-Charlesworth presented the staff report and responded to inquiries. Public Comment: None --End of Public Comment-- Action: No action taken on this item. 5.d ELECTION OF CHAIR & VICE-CHAIR (10 MIN) Motion By Vice Chair Pearce Second By Chair Bates To approve appointing Lydia Bates to continue as Chair and Clint Pearce to continue as Vice Chair for the next year. Public Comment: None --End of Public Comment-- Page 7 of 60 4 Ayes (4): Member Keller, Member Prashant Patel, Vice Chair Pearce, and Chair Bates Absent (1): Member Nipool Patel CARRIED (4 to 0) 6. TBID LIAISON REPORTS & COMMUNICATION 6.a HOTELIER UPDATE - None 6.b MARKETING COMMITTEE UPDATE - None 6.c MANAGEMENT COMMITTEE UPDATE - None 6.d PCC UPDATE Chair Bates provided a brief update on PCC activities. 6.e VISIT SLO CAL UPDATE Tourism & Community Promotions Manager Jacqui Clark-Charlesworth provided a brief update on Visit SLO CAL activities. 6.f TOURISM PROGRAM UPDATE Tourism & Community Promotions Manager Jacqui Clark-Charlesworth provided an update on the tourism program. 7. ADJOURNMENT The meeting was adjourned at 11:06 a.m. The next Regular Meeting of the Tourism Business Improvement District Board is scheduled for April 9, 2025 at 10:00 a.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo. APPROVED BY TOURISM BUSINESS IMPROVEMENT DISTRICT BOARD: XX/XX/202X Page 8 of 60 March 2025 WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total California 65.70 69.49 66.78 194.50 189.19 192.92 127.79 131.46 128.84 -0.33 -3.80 -1.39 4.75 -5.13 1.61 4.40 -8.73 0.20 City of Paso Robles 48.97 72.97 55.83 147.78 208.55 170.47 72.37 152.17 95.17 -11.61 6.16 -5.71 -3.14 -8.30 -3.90 -14.38 -2.65 -9.40 City of Pismo Beach 44.82 75.78 53.67 160.35 231.75 189.16 71.87 175.62 101.51 -3.82 2.33 -1.43 2.56 4.75 4.18 -1.36 7.19 2.68 City of San Luis Obispo 55.95 81.81 63.34 133.41 205.60 160.05 74.65 168.19 101.38 -2.62 4.68 -0.05 -0.52 10.67 5.08 -3.13 15.86 5.03 City of Morro Bay 42.97 70.74 50.91 103.86 145.57 120.42 44.63 102.98 61.30 -8.59 7.23 -2.91 -6.90 0.95 -2.33 -14.90 8.24 -5.17 WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total California 65.11 72.99 67.36 188.07 192.63 189.48 122.45 140.60 127.63 -5.98 -2.85 -5.03 -2.64 -1.58 -2.30 -8.46 -4.38 -7.21 City of Paso Robles 55.03 73.31 60.25 151.69 244.06 183.80 83.48 178.92 110.75 -1.66 -0.88 -1.39 -1.64 -5.67 -3.44 -3.27 -6.49 -4.78 City of Pismo Beach 51.61 73.60 57.89 166.74 244.41 194.95 86.05 179.89 112.86 -7.59 -10.71 -8.75 0.50 5.99 2.65 -7.13 -5.36 -6.34 City of San Luis Obispo 56.22 77.86 62.40 141.95 202.60 163.57 79.80 157.74 102.07 -7.21 -6.38 -6.92 3.28 -4.41 -0.17 -4.17 -10.52 -7.08 City of Morro Bay 43.03 64.65 49.21 102.70 149.08 120.11 44.20 96.39 59.11 -21.37 -14.15 -18.81 -11.72 -5.03 -8.15 -30.59 -18.47 -25.42 WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total California 71.99 74.89 72.81 201.06 190.35 197.91 144.73 142.55 144.11 3.64 0.48 2.69 3.62 -1.53 2.11 7.39 -1.06 4.86 City of Paso Robles 58.25 80.41 64.58 150.29 234.36 180.20 87.55 188.45 116.38 -0.68 11.08 3.21 -2.72 -8.42 -4.16 -3.37 -3.37 -1.08 City of Pismo Beach 59.52 81.89 65.91 172.83 251.29 200.68 102.86 205.78 132.27 -2.76 5.58 0.05 0.58 8.94 4.73 -2.20 -2.20 4.77 City of San Luis Obispo 63.22 80.70 68.22 144.67 204.89 165.03 91.46 165.35 112.57 1.59 2.46 1.88 6.72 4.93 6.03 8.42 8.42 8.03 City of Morro Bay 54.08 78.95 61.18 107.05 160.17 126.64 57.89 126.45 77.48 -1.79 13.76 3.42 -11.25 -1.16 -5.85 -12.84 -12.84 -2.63 WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total WD WE Total California 66.37 74.16 68.60 180.80 190.89 183.92 120.00 141.57 126.16 0.01 13.80 3.89 0.95 5.89 2.50 0.96 20.50 6.50 City of Paso Robles 59.43 78.60 64.90 150.32 235.85 179.91 89.33 185.38 116.77 -10.02 44.12 3.42 -11.77 8.39 -1.20 -20.62 56.21 2.18 City of Pismo Beach 65.22 79.57 69.32 182.04 253.88 205.60 118.72 202.01 142.52 -15.15 11.89 -7.85 -7.72 2.57 -2.49 -21.70 14.76 -10.14 City of San Luis Obispo 65.10 79.11 69.10 142.67 190.05 158.17 92.87 150.36 109.30 -14.38 11.39 -7.37 -3.04 2.85 0.50 -16.98 14.57 -6.90 City of Morro Bay 59.36 72.14 63.01 111.02 154.49 125.24 65.90 111.45 78.91 -13.09 15.61 -5.41 -11.50 1.31 -5.61 -23.08 17.12 -10.72 For the Week of March 23, 2025 to March 29, 2025 For the Week of March 16, 2025 to March 22, 2025 For the Week of March 09, 2025 to March 15, 2025 For the Week of March 02, 2025 to March 08, 2025 RevPar Current Week Totals Percent Change Occupancy (%)ADR RevPar Occupancy (%)ADR RevPar Current Week Totals Percent Change Occupancy (%)ADR RevPar Occupancy (%)ADR Current Week Totals Percent Change Occupancy (%)ADR RevPar Occupancy (%)ADR RevPar Current Week Totals Percent Change Occupancy (%)ADR RevPar Occupancy (%)ADR RevPar Page 9 of 60 Page 10 of 60 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 Change +/- to previous FY July 508,195$ 541,806$ 591,184$ 636,778$ 699,845$ 761,346$ 844,845$ 877,391$ 861,241$ 884,317$ 913,019$ 530,064$ 1,214,080$ 1,297,863$ 1,245,883$ 1,296,733$ 4.1% August 511,564$ 542,194$ 574,395$ 623,655$ 674,244$ 732,271$ 774,501$ 765,232$ 728,932$ 775,513$ 826,465$ 623,523$ 992,620$ 1,057,478$ 1,037,434$ 1,118,544$ 7.8% September 400,023$ 437,543$ 490,524$ 508,583$ 505,954$ 557,002$ 643,127$ 650,117$ 693,704$ 682,810$ 720,414$ 660,405$ 965,595$ 1,039,589$ 1,024,869$ 916,491$ -10.6% October 414,870$ 442,586$ 437,805$ 469,977$ 509,435$ 594,032$ 642,221$ 628,049$ 601,208$ 650,101$ 711,393$ 632,733$ 889,485$ 993,400$ 986,681$ 921,773$ -6.6% November 280,913$ 330,924$ 347,437$ 359,163$ 425,769$ 475,360$ 468,016$ 497,162$ 513,487$ 556,885$ 593,403$ 422,488$ 722,487$ 770,599$ 757,010$ 825,524$ 9.1% December 246,684$ 274,417$ 314,784$ 319,451$ 355,315$ 391,132$ 429,600$ 434,836$ 473,701$ 488,296$ 488,757$ 236,391$ 638,253$ 628,735$ 628,260$ 637,018$ 1.4% January 230,279$ 256,351$ 276,165$ 302,153$ 331,853$ 400,239$ 387,304$ 396,559$ 415,690$ 465,547$ 520,813$ 302,621$ 557,369$ 554,408$ 621,595$ 695,223$ 11.8% February 273,373$ 302,246$ 323,359$ 344,160$ 366,980$ 431,510$ 466,915$ 439,735$ 503,451$ 524,327$ 596,021$ 426,144$ 716,045$ 735,450$ 687,480$ 738,785$ 7.5% March 326,099$ 333,783$ 392,266$ 426,879$ 448,103$ 520,795$ 559,235$ 549,642$ 577,285$ 602,781$ 268,458$ 614,973$ 820,473$ 807,997$ 850,274$ April 423,158$ 451,133$ 475,913$ 486,850$ 564,617$ 610,894$ 609,439$ 708,724$ 641,919$ 741,364$ 69,184$ 742,477$ 1,068,408$ 1,056,663$ 1,025,966$ May 372,997$ 433,874$ 447,116$ 489,862$ 546,916$ 601,614$ 598,093$ 645,114$ 630,820$ 665,603$ 174,982$ 760,006$ 919,831$ 910,508$ 989,619$ June 490,326$ 512,543$ 578,234$ 610,948$ 630,729$ 727,028$ 731,038$ 765,362$ 796,899$ 835,727$ 409,945$ 973,975$ 1,100,000$ 1,160,330$ $1,201,226.00 Total/Average 4,478,481$ 4,859,400$ 5,249,181$ 5,578,460$ 6,059,758$ 6,803,224$ 7,154,334$ 7,357,923$ 7,438,338$ 7,873,272$ 6,292,853$ 6,925,799$ 10,604,646$ 11,013,020$ 11,056,297$ 7,150,091$ -35.3% 2023-24 2024-25 Change +/-2023-24 2024-25 Change +/-2023-24 2024-25 Change +/- July 83.4 83.3 -0.1%200.16 203.25 1.5%166.97 169.32 1.4% August 73.8 77 4.3%190.51 194.49 2.1%140.61 149.82 6.6% September 71 70 -1.4%195.47 184.04 -5.8%138.84 128.89 -7.2% October 70 69.3 -1.0%185 178.14 -3.7%129.42 123.46 -4.6% November 62.6 66.8 6.7%165.42 171.03 3.4%103.48 114.16 10.3% December 56.4 59.8 6.0%150.28 146.17 -2.7%84.73 87.41 3.2% January 54.2 62.4 15.1%140.24 144.12 2.8%76.00 89.99 18.4% February 59.8 67.1 12.2%153.67 161.94 5.4%91.87 108.66 18.28% March April May June Total/Average 66.40 69.46 0.052 172.59$ 172.90$ 0.003603 116.49$ 121.46$ 0.06 Updated: 04/03/2025 Occupancy ADR RevPAR*Figures from Smith Travel Research Report TOT Comparison Page 11 of 60 Page 12 of 60 Report to City of SLO – TBID and PCC Public Relations Contract March 2025 PR ACTIVITY Implementation/Proactive Work Continued planning for Arts + Culture Fam in partnership with Uniquely Driven Continued planning for Sustainability Influencer Fam in partnership with Kind Traveler Continued planning for SoCal Media Mission writer Linda Laban's upcoming stay Continued planning for travel writer Meghan Rose's upcoming stay Continued working with the City and Noble Studios/Uniquely Driven on overall tourism marketing campaign Responsive leads Pitched "Luxury Wellness", "Culinary Delights" and "Sustainable Travel" story ideas to Visit California Submitted quarterly SLO content to Central Coast Tourism Council Partnerships Attended Visit California Outlook Forum Began planning for Marketing Plan Update with City, Noble Studios, Uniquely Driven and Badger Branding Participated in 20/60/90 planning with City, Noble Studios, Uniquely Driven and Badger Branding Met with Visit SLO CAL PR team to align on work Reviewed Central Coast Tourism Council Itineraries Reviewed Central Coast Tourism Council April Social Media plan PUBLICATION PLACEMENTS UVPM AD VALUE PILLARS RESULT OF LONELY PLANET A first-time guide to San Luis Obispo, California 2,850,000.00 $10,501.00 Cultural MEDIA HOSTING IN PARTNERSHP W/VISIT SLO CAL EIN PRESSWIRE San Luis Obispo, CA Officially Named the MidWeekend Vacation Capital of the World 165,000.00 $21.33 Cultural PROACTIVE PITCHING BY UNIQUELY DRIVEN MSN Spring’s Hottest Celebrations: 10 Chic Festivals & Glam Events You Can’t Miss This Season 136,500,000.00 $10,687.04 Beer/Wine REACTIVE PITCHING BY UNIQUELY DRIVEN & HOTEL SLO YAHOO NEWS The best wildflower hiking destinations in the United States 54,290,000.00 $11,983.00 Outdoor REACTIVE PITCHING BY UNIQUELY DRIVEN AOL The best wildflower hiking destinations in the United States 34,968,755.00 Outdoor REACTIVE PITCHING BY UNIQUELY DRIVEN NATIONAL GEOGRAPHIC The best wildflower hiking trails in the U.S.6,892,122.00 $3,120.93 Outdoor REACTIVE PITCHING BY UNIQUELY DRIVEN VISIT CALIFORNIA San Luis Obispo 32,300.00 Cultural REACTIVE PITCHING BY VISIT SLO CAL INSPIRATIONS & CELEBRATIONS Spring's Hottest Celebrations: 10 Chic Festivals & Glam Events You Can't Miss This Season 6,000.00 $0.33 Beer/Wine REACTIVE PITCHING BY UNIQUELY DRIVEN & HOTEL SLO NEWS BREAK 17 of the Best Small U.S. Towns Recommended by Americans 10,380,000.00 $353.35 Cultural NEWS BREAK How SLO’s Duncan Alley became a hot spot for wine, beer and more: ‘A mini Tin City’10,380,000.00 $353.35 Beer/Wine NEWS BREAK SLO ranked as a 'sought-after college town' in the West, new study says. Why Gen Z loves it 10,380,000.00 $353.35 Cultural TRAVEL OFF PATH This Is The Most Beautiful Train Ride In America, According To Amtrak 50,000.00 $11.43 Sustainability TRAVEL OFF PATH Move Over San Diego! These 3 Coastal Towns Have Postcard Beaches & No Crowds 50,000.00 $22.85 Cultural SOCAL PULSE Spring Break on the Rails: Coastal Getaways with Pacific Surfliner 18,000.00 $1.55 Sustainability CALIFORNIA UNPUBLISHED Best BBQ in California: Hidden Gems Worth Discovering Throughout the Golden State 12,000.00 $0.35 Culinary TOTALS 15 266,974,177.00 $37,409.86 TOTAL YTD 4,558,566,292.00 $1,234,595.44 118 4,825,540,469.00 $1,272,005.30 Page 13 of 60 Page 14 of 60 Mar Feb Mar 2024 2025 2025 Asia 2% Walk-ins 5,062 3,905 4,622 Europe 56% Phone Calls 211 155 247 Australia/NZ 9% Emails & Digital 1,012 1,313 1,490 UK 9% N. America 15% C. America 0% Mar Feb Mar S. America 6% 2024 2025 2025 Calls 27 29 29 West Coast 13% Southwest 7% Midwest 41% Mar Feb Mar South 15% 2024 2025 2025 East Coast 24% Referrals 48 38 59 Northern CA 23% Central Coast 48% Mar Feb Mar Central Valley 2% 2024 2025 2025 Desert 0% Email 101 74 87 Southern CA 28% Phone Calls 132 106 133 Mar Mar Mar 2024 2025 2025 YTD Fulfilled 50 38 VisitSLO.com 21 49 INFORMATION REQUESTS EVENTS SHARED REPORT TO CITY OF SLO - TBID & PCC GUEST SERVICES CONTRACT MARCH 2025 DEMOGRAPHIC SNAPSHOT International Travelers VISITOR INTERACTION CALLS TO 877-SLO-TOWN HOTEL REFERRALS HOTEL AVAILABILITY TRACKER Domestic Travelers California Travelers VISITOR CENTER ACTIVATIONS N/A VISITOR CENTER HIGHLIGHTS 1) Hosted our guests, including our St. Patricks Day weekend and early Spring Break travelers 3) Introduced SLO to a plethora of first-time visitors 2)Visited our hotel partners to distribute resources and event flyers Page 15 of 60 Page 16 of 60 SLO Marketing Activities Report Key Performance Highlights March 2025 At-a-Glance Highlights ● Total Website Sessions: 84,246 (+1.4% YoY) ● Top Traffic Source: Paid Social ● Total Lodging Referrals: 5,426 (-1% YoY) ● Top Performing Ad: SLO CAL Unpacked (Paid Social, CTR up to 15%) ● Email Open Rate: 51.6% (March Newsletter) ● Media Mentions: Rose the SLO Way, featured as a springtime event ‘to be seen’ at (MSN Syndication UVM 127,227,053) YTD KPI Performance Expected Pace through March: 75% Paid Media Snapshot ● Paid Search ○ Impressions: 46,477 (+51% YoY) ○ Clicks: 5,317 (+3% YoY) Page 17 of 60 ○ CTR: 11.44% (-32% YoY) ○ Sessions: 16,969 (+82% YoY) ○ Lodging Referrals: 2,743 (+8% YoY) ○ Cost: $17,744 (+4% YoY) ● Paid Social (Evergreen) ○ Impressions: 1.78M (+18% YoY) ○ Clicks: 44,372 (+53% YoY) ○ CTR: 2.49% (+30% YoY) ○ Sessions: 19,368 (+47% YoY) ○ Lodging Referrals: 247 (-20% YoY) ○ Cost: $21,972 (+60% YoY) ● Display, Demand Gen, & PMAX ○ Impressions: 1.76M (-53% YoY) ○ CTR: 1.25% (+360% YoY) ○ Clicks: 22,020 (+116% YoY) ○ Sessions: 9,908 (+33% YoY) ○ Lodging Referrals: 312 (+111% YoY) ○ Cost: $9,031 (+45% YoY) Key Insight: A shift in targeting for Display campaigns led to fewer, but much higher quality impressions, a 499% increase in CTR, and ultimately 85% more clicks at a 15% decrease in spend. 2 Page 18 of 60 Owned Media Snapshot Email Marketing ● Emails Sent: 1 ● Avg. Open Rate: 51.6% ● Avg. CTR: 1.5% ● Total Sessions: 461 (-53% YoY) ● Total Partner Referrals: 154 (-64% YoY) Key Insight: Last year, we sent two emails in March, one highlighting the MidWeekend deal and another highlighting Film Fest. The one email from this March had slightly lower open and click rates, but still did well compared to benchmarks. Our MidWeekend email will be going out in April highlighting our new evergreen MidWeekend messaging approach. Website ● Total Sessions: 84,246 (+1% YoY) ● Avg. Pages/Session: 2.01 (+2% YoY) ● Engagement Time: 0:32 (-10% YoY) Top Lodging Referral Channels: Paid Search, Organic Search, Referral SEO + Content ● Organic Sessions: 19,620 (-19%) ● Page 1 Keywords: 4.7K (-1%) ● Top Losses: San Luis Obispo, SLO Drive-In, Restaurant keywords ● Actions Taken: Restaurant page optimized mid-March; SLO Drive-In optimization underway Key Insight: YoY organic traffic drop tied to Google’s Dec Core Update, with top 1-3 rank keywords recently seeing a 28% decline. Creative & Web Maintenance Website Maintenance & MRO ● Community Events Fix ● Plugin Updates: ○ Gravity Forms 3 Page 19 of 60 ○ Gravity Forms Email Blacklist ○ Pantheon Advanced Page Cache ○ Redirection ○ Events Calendar (Core, Pro, Community) ○ Tiny PNG ○ WP Mail SMTP ○ Yoast ○ Styling Fixes: Image captions, editor scroll issues Creative Services ● Long and Short Brochure edits 4 Page 20 of 60 Earned Media Activity In March, our pitching efforts focused on positioning San Luis Obispo as an under-the-radar wine getaway, the SLO Film Festival, an ar ts and culture hub, eco-friendly vacation destination and opportunistic budget flights from direct SBP destinations. Through strategic outreach, we emphasized SLO’s hidden gems, budget-friendly activities, outdoor experiences ahead of spring, and cultural events to key media publications. We continued building momentum for the upcoming SLO International Film Festival underscoring the city’s rich arts and culture scene. Below is a breakdown of earned media efforts, including proactive pitching, ongoing media conversations and other activities for March: ● Inspirations and Celebrations – UVM 6,675 ● MSN Syndication – UVM 127,227,053 ○ The article highlighted: ■ Rose the SLO Way, featured as a springtime event ‘to be seen’ at. ○ A link to the news article can be found here. ● National Geographic – UVM 6,892,122 ● Yahoo! Syndication – UVM 407,199,536 ● AOL Syndication – UVM 34,968,755 ○ The article highlighted: ■ SLO’s wildflowers in bloom and hiking trails to enjoy them. ○ A link to the news article can be found here. SLO International Film Festival FAM RSVPs: ● Caterina Balzano, La Opinion/El Diario Nueva York, UVM – 1,726,703 ● Lesley Balla, Freelance/Taste of Home, UVM – 17,282,459 ● Brenda Medley-Alexander, Blavity, UVM – 1,873,697 ● Fiona Chandra, Freelance ● Sharael Kolberg, Freelance Proactive Pitch Angles: ● “SLOIFF, SLO is an arts/culture/wine hub” ● “Budget-friendly wine country getaway” ● “$69 direct flights from SD to a budget-friendly spring break, blooms and wine trip” ● “Best detour destination to Paso Robles” ● “$99 direct flights from Portland” ● “Direct flights from Denver = art + wine on a dime” ● “Quietly becoming the best beverage hub in California” 5 Page 21 of 60 Pending Individual Press Trips: ● Ronny Maye, Essence: UVM – 2,035,079 / Fodor’s Travel: UVM – 2,641,983 ○ April 5-7, 2025 press trip. ● Reuben Mourad, Thrillist: UVM – 1,371,632 ○ April 17-19, 2025 press trip. ● Laura Powell, AAA: UVM 277,533 / Organic Spa Magazine: Circulation – 140,000; UVM – 3,128 ○ June 22-25, 2025 press trip. ● Ligaya Malones, Lonely Planet: UVM – 3,889,221 ○ TBD; Press trip in ‘25-26 fiscal year. ● Meghan Rose, PS (PopSugar): UVM – 3,752,358 ○ FAM trip postponed due to LA fires. Trip rescheduling in progress. ● Rosa Gamazo, Telecinco (Spanish): UVM - 4,976,592 - Luxury hotel/destination feature ○ TBD; 2025 press trip. ● Stephanie Gravalese, Forbes: UVM – 99,621,955 / Slow Living Kitchen: UVM – 5,370 ○ TBD; 2025 press trip. ● Christina Silvestri, Arizona Foothills Magazine: UVM - 26,039 - History, dining, SLO life ○ TBD; Press trip in ‘25-26 fiscal year. 6 Page 22 of 60 March 2025 SLO TBID - SHARESLO ORGANIC SOCIAL REPORT Date: 04/09/25Page 23 of 60 Followers: 37,921 ( 1.6%) Total Net Growth: 584 Total Posts: 225 Total Impressions:1,505,062 ( .1%) (includes both organic & paid) Total stories: 203 Total Engagements: 12,050 ( 23%) Engagement Rate: .8% ( 33%) INSTAGRAM In March, we saw an increase across the board on this platform. We gained 584 new followers, our impressions, engagements, and engagement rates all increased. This is due to popular video style and enticing subject matters that draw in the consumer. Our top performing posts were all reels about some of SLO’s most beloved stops. TOP POSTS: Page 24 of 60 Page Followers: 97,911 ( .1%) Total Net Audience Growth: 213 Total Posts: 22 Total Impressions: 1, 273,559 ( 8%) Total Organic: 108,455 ( 95%) Total Engagements: 2,086 ( 12%) Engagement Rate: .2% ( 100%) FACEBOOK TOP POSTS: In March, we saw an increase in followers by 213 new users. We saw an increase in organic impressions by 95% and an engagement rate increase by 100%. Our top performing content was all video content including the top performer being about Cozy Lodging Properties in SLO! Page 25 of 60 Followers: 1,684 ( 3%) Followers Gained: 63 Impressions: 21,491 ( 17%) Engagement: 627 ( 18%) Engagement Rate: 2.9% ( 0%) Video Views: 21,491 ( 17%) In March, we saw an increase in followers, impressions, engagement, and video views. Our engagement rate stayed the same. We are following closely the news on this app this week. Possible outcomes: the ban will fall back into place, the app will be bought, or the ban date may be extended. TIKTOK TOP POSTS: Page 26 of 60 Total Audience: 441 ( 2.5%) Total Net Growth: 11 Total Posts: 4 Impressions: 380 ( 13%) Engagements: 30 ( 25%) Engagement Rate: 7.89% ( 9.6%) LINKEDIN TOP POSTS: In March, we saw increases across the board on this platform. We grew by 11 new followers and a 13% increase in impressions. Our engagements and engagement rate both increased by 25% and 9.6%, respectively. The top content was SLO Airport and Pet Friendly Hotels. We plan to pivot to travel and lodging-specific content to continue the momentum. Page 27 of 60 Total Posts: 2 Story Views: 763 ( 7.9%) Story Impressions: 661 ( 7.4%) Interaction Rate: 73.3% ( .5%) (Average Rate: 67%) Completion Rate: 60.7% ( 8.6%) (Average Rate: 52%) CA TRAVEL STORIES - CROWDRIFF TOP POSTS: In March, we saw an increase in story views and story impressions. We saw a slight decrease in interaction rate and completion rate, although we still stay above the industry standard of success. Page 28 of 60 Total Posts: 2 Impressions: 1.44k ( 5%) Engagements: 47 ( 34%) Outbound Clicks: 3 ( 25%) Saves: 12 ( 33%) Total Audience: 1.15k ( 5%) Engaged Audience: 39 ( 56%) PINTEREST In March, we saw an increase in impressions, engagements, saves, total audience, and engaged audience. We saw a slight decrease in outbound clicks from 4 to 3, but otherwise a highly successful month. TOP POSTS: Page 29 of 60 WHAT WE WORKED ON THIS MONTH: - Women’s History Month / Women in SLO Community - At Her Table City Events Collab - Spring Season / Outdoor Content - Hiking Levels Reel (30.4k Views) - Spring To-Dos Reel (10.4k Views), Ntnl Day of Unplugging (10.8k Views) -1 Accepted Collaborations (No Longer Included in our Analytic Overview) - The Best Coastal Poppy Hike (40.9k Views, 23.7k Accounts Reached) -5 Invited Collaborations -@athertable, @calpolyarts, @rose_the_slo_way, @thehotelslo, @sunsetdrivein - Sunset Drive-In Reel (38k Views), Sandos in SLO (18.7k Views), 4 Gathering Spots Reel (15.7k Views), Happy Hours in SLO (17.1k Views) -Family-Friendly Itinerary, 4 Spots for Book Lovers, Patio Season, Walk Through SLO History, Cozy Stays in SLO, SLO Green Facts (Sustainability) -Keep Highlights Refreshed and Up To Date w/ Currents Events Page 30 of 60 APRIL’S FOCUS: -MidWeekend Vacation Capital of the World -Wednesdays in SLO, Monday Cravings in SLO - SLO Film Fest - Dog-influencer Fam Content Roll Out (collab, tags) -Outdoor Content -Reservoir Canyon Reel, Ntnl Garden Month -Earth Day, Open Farm Days Giveaway -Keys for Trees -Cal Poly Open House / Experience SLO Reel -Shabang Feature, SLO Fine Dining Part 4 Reel -Upcoming Events, New Businesses -Spring & Charcuterie, Bachelor Party in SLO -Sip ‘n’ Saunter Giveaway w/ @downtownslo -Art After Dark, SLOMA Feature Page 31 of 60 Page 32 of 60 Prepared for:Prepared by: Published March 2025 Economic Impact of Visitors to San Luis Obispo, CA 2024 Page 33 of 60 CO N T E N T S Table of Contents 1 2 3 4 5 6 Introduction Executive Summary Visitor Volume and Visitor Spending Economic Impacts Fiscal (Tax) Impacts Appendix Page 34 of 60 Background The travel sector is an integral part of the economy in San Luis Obispo, California. Visitors generate significant economic benefits to households, businesses, and government alike and represent a critical driver of the regional economy. By monitoring the visitor economy, policymakers can inform decisions regarding the funding and prioritization of the sector’s development. They can also carefully monitor its successes and future needs. To quantify the economic significance of the tourism sector in San Luis Obispo, Tourism Economics prepared a comprehensive model detailing the far-reaching impacts arising from visitor spending. The results of this study show the scope of the travel sector in terms of direct visitor spending, as well as the total economic impacts, jobs, and fiscal (tax) impacts in the broader economy. 3 1 Introduction Methodology & Data Sources Tourism Economics constructed an IMPLAN input-output model for San Luis Obispo County. The model traces the flow of visitor-related expenditures through the county’s economy and their effects on employment, wages, and taxes. IMPLAN also quantifies the indirect (supplier) and induced (income) impacts of tourism. Tourism Economics then cross-checked these findings with employment and wage data for each sector to ensure the findings are within reasonable ranges. The value of seasonal and second homes was estimated based on census data for seasonal units and estimated gross rents. Visitors included those who stayed overnight or traveled more than 50 miles to the destination. The analysis draws on the following data sources: •Bureau of Economic Analysis and Bureau of Labor Statistics: employment and wage data, by industry •STR: Lodging performance data, including room demand, room rates, occupancy, and room revenue •San Luis Obispo County: Transit Occupancy Tax (TOT) collections by municipality •Tourism Economics: international travel data for overseas, Canadian, and Mexican travel to California based on aviation, survey, and credit card information •VsaVue: Credit card spending data for international and domestic visitors Page 35 of 60 4 2 Executive Summary Page 36 of 60 5 The Importance of the Visitor Economy Summary Direct Visitor Spending in 2024 In 2024, San Luis Obispo welcomed approximately 1.5 million visitors, including 1.0 million overnight visitors and 488,000 day visitors. In total, these visitors spent $455.0 million across the regional economy, supporting $255.4 million in direct GDP and approximately 3,000 direct jobs. 5 Total Economic Impact Total Economic Impact of Visitors in San Luis Obispo in 2024 $648.2 MILLION Summary Economic Impacts of Visitors in San Luis Obispo (2024) Total Jobs Supported 4,700 The direct visitor spending impact of $455.0 million generated a total economic impact of $648.2 million in the regional economy (including indirect and induced impacts) and sustained approximately 4,700 total jobs. In CY 2024, visitor-generated state and local tax revenues amounted to $47.3 million. Total Economic Impact $648.2M Total State & Local Taxes $47.3M Direct Visitor Spending $455.0M 5 Direct Visitor Spending $455.0M Direct GDP $255.4M Visitors to San Luis Obispo 1.5M 3,600 Direct Jobs Page 37 of 60 6 3 Visitor Volume & Visitor Spending Page 38 of 60 Source: Tourism Economics Total Visits to San Luis Obispo CY 2019-2024 (Thousands of Visits) 7 Visitor Volume San Luis Obispo welcomed 1.5 million visits in 2024. The 1.5 million total visits included 1.1 million overnight visitors and 488,000 day visitors. In total, these visitors spent $455.0 million, supporting $113.0 million in direct labor income and approximately 3,600 direct jobs. The 1.5 million total visits to San Luis Obispo in 2024 represented a 1.2% increase compared to total visitation levels in 2023. Total Visits to San Luis Obispo CY 2020-2024 (Year-on-Year % Change) Source: Tourism Economics Visitor Spending Visitors to San Luis Obispo spent approximately $455 million in 2024. Of the $455.0 million spent by visitors to San Luis Obispo in 2024, lodging spending represented the highest spending category, registering $140.2 million and capturing 31% of all visitor spending. Food and beverage spending followed, amounting to $96.3 million, representing 21% of total visitor spending. Retail spending amounted to $75.1 million (16% of total spending), while recreation spending totaled $73.0 million (16% of all visitor spending). Transportation spending, including both air and local transportation within the destination, totaled $70.4 million (15% of total spending). Total Spending by Visitors to San Luis Obispo, by Industry CY 2024 ($ Millions and Percentage of Total Spending) Lodging $140M 31% Food & Bev $96M 21% Transport $70M 15% Recreation $73M 16% Retail $75M 16% Source: Tourism Economics 2019 2020 2021 2022 2023 2024 Total visits 1,487.5 1,089.0 1,409.3 1,520.2 1,525.4 1,543.1 Overnight 955.5 698.8 962.0 1,045.0 1,042.7 1,055.6 Day 531.9 390.1 447.3 475.2 482.6 487.5 2019 2020 2021 2022 2023 2024 Overnight Day 1,487 1,089 1,409 1,520 1,525 1,543 2020 2021 2022 2023 2024 Total visits -26.8%29.4%7.9%0.3%1.2% Overnight -26.9%37.7%8.6%-0.2%1.2% Day -26.7%14.7%6.2%1.6%1.0% Page 39 of 60 8 4 Economic Impacts Page 40 of 60 99 RETAIL ENTERTAINMENT/REC FOOD & BEVERAGE TRANSPORTATION LODGING Economic Impact Framework DIRECT INDIRECT INDUCED TOTAL IMPACT Direct, indirect and induced impacts combine to equal the total economic impact Visitor spending on categories such as retail, lodging, transportation, entertainment, and dining occur directly between consumers and travel businesses Travel and tourism- related businesses purchase goods and services from other providers creating supply chain effects and engaging B2B goods and services Employees of travel and tourism-related businesses spend wages throughout the wider economy, generating GDP, jobs and tax revenue SALES JOBS TAXES INCOME 9 Our analysis of the San Luis Obispo visitor economy begins with direct visitor spending and analyzes the downstream effects of this spending on the broader economy. To determine total economic impact, direct visitor spending serves as an input into a model of the regional economy, constructed using an IMPLAN input-output (I-O) model. The model traces the full extent of industry impacts as dollars flow through the local economy. An I-O model represents a profile of an economy by measuring the relationships among industries and consumers and quantifies three levels of impact: 1.Direct impacts: Visitor spending creates direct economic value within a discrete group of sectors (such as lodging, food and beverage, recreation, and transportation). This supports a relative proportion of spending, jobs, wages, and taxes within each sector. 2.Indirect impacts: Each directly affected sector also purchases goods and services as inputs (e.g. food wholesalers, utilities) into production. These impacts are called indirect impacts or supply-chain effects. 3.Induced impacts: Lastly, the induced impact is generated when employees whose wages are generated either directly or indirectly by visitor spending spend those wages in the local economy. This is called the induced impact or income effect. The Tourism Economics model calculates these three levels of impact - direct, indirect and induced - for a broad set of indicators, including: •Spending •Wages •Employment •Federal Taxes •State Taxes •Local Taxes Economic Impacts Page 41 of 60 101010 Business Sales Impacts The $455.0 million in visitor spending in 2024 generated a total economic impact of $648.2 million throughout the regional economy. As previously outlined, visitors to San Luis Obispo contributed a direct impact of $455.0 million in 2024. This direct impact generated $100.0 million in indirect impacts and $93.2 million in induced impacts, resulting in a total economic impact of $648.2 million throughout the regional economy.. The lodging industry was the most-impact industry with $140.5 million in total business sales. Food and beverage and retail followed, with $113.9 million and $87.4 million in total business sales, respectively. Business Sales Impacts, by Industry CY 2024 ($ Millions) Business Sales Impacts, by Industry CY 2024 ($ Millions) Source: Tourism Economics Note: totals may not sum due to rounding. Source: Tourism Economics = Total Economic Impact $648.2M Indirect Business Sales $100.0M Direct Visitor Spending $455.0M Induced Business Sales $93.2M++ Summary Economic Impacts of San Luis Obispo Visitors in 2024 Direct Business Sales Indirect Business Sales Induced Business Sales Total Business Sales Total Business Sales, All Industries $455.0 $100.0 $93.2 $648.2 By industry Lodging $140.2 $0.0 $0.3 $140.5 Food & Beverage $96.3 $7.8 $9.8 $113.9 Retail Trade $75.1 $2.5 $9.9 $87.4 Gasoline Stations $63.4 $0.3 $0.9 $64.5 Finance, Insurance and Real Estate $0.0 $30.9 $29.7 $60.6 Manufacturing $35.8 $4.5 $2.4 $42.6 Recreation and Entertainment $37.3 $0.9 $1.6 $39.8 Business Services $0.0 $20.9 $6.0 $26.9 Education and Health Care $0.0 $0.2 $14.0 $14.2 Other Transport $7.0 $4.4 $2.1 $13.5 Communications $0.0 $9.8 $3.2 $12.9 Wholesale Trade $0.0 $7.6 $3.8 $11.4 Personal Services $0.0 $2.7 $5.7 $8.4 Construction and Utilities $0.0 $4.0 $1.8 $5.8 Government $0.0 $1.6 $0.5 $2.2 Air Transport $0.0 $0.5 $1.2 $1.8 Agriculture, Fishing, Mining $0.0 $1.3 $0.3 $1.7 $0 $20 $40 $60 $80 $100 $120 $140 $160 Lodging Food & Beverage Retail Trade Gasoline Stations Finance, Insurance and Real Estate Manufacturing Recreation and Entertainment Business Services Education and Health Care Other Transport Communications Wholesale Trade Personal Services Construction and Utilities Government Air Transport Agriculture, Fishing, Mining Direct Indirect Induced $ millions Page 42 of 60 111111 Job Impacts Visitors to San Luis Obispo generated a total employment impact of approximately 4,700 part-time and full-time jobs in 2024. Visitor activity sustained more than 3,600 direct jobs in 2024. Indirect and induced impacts generated 569 indirect jobs and 549 induced jobs, resulting in a total employment impact of more than 4,700 total jobs. Job Impacts, by Industry CY 2024 (Number of Jobs) Source: Tourism Economics Note: Jobs include part-time and full-time jobs Job Impacts, by Industry CY 2024 (Number of Jobs) Source: Tourism Economics Note: Jobs include part-time and full-time jobs The lodging industry was the most-impact industry with approximately 1,200 total jobs. The food and beverage industry and recreation industry followed, with 1,100 and 770 total jobs, respectively. Direct Jobs Indirect Jobs Induced Jobs Total Jobs Total Jobs, All Industries 3,626 569 549 4,744 By industry Lodging 1,196 0 5 1,201 Food & Beverage 924 91 95 1,110 Recreation and Entertainment 741 13 20 774 Retail Trade 365 15 65 445 Other Transport 272 63 32 367 Finance, Insurance and Real Estate 0 138 63 201 Business Services 0 149 42 190 Education and Health Care 0 2 129 131 Manufacturing 92 6 1 98 Personal Services 0 25 68 93 Gasoline Stations 37 1 2 39 Wholesale Trade 0 21 9 30 Communications 0 14 7 21 Construction and Utilities 0 10 5 15 Government 0 12 3 15 Agriculture, Fishing, Mining 0 8 1 10 Air Transport 0 1 2 4 569 549 4,744 3,626 Direct Jobs Indirect Jobs Induced Jobs Total Jobs 0 500 1,000 1,500 Lodging Food & Beverage Recreation and Entertainment Retail Trade Other Transport Finance, Insurance and Real Estate Business Services Education and Health Care Manufacturing Personal Services Gasoline Stations Wholesale Trade Communications Construction and Utilities Government Agriculture, Fishing, Mining Air Transport Direct Indirect Induced jobs Page 43 of 60 121212 Labor Income Impacts Visitors to San Luis Obispo generated a total labor income impact of more than $155 million in 2024. Visitor activity sustained $113.0 million in direct labor income in 2024. Indirect and induced impacts generated $20.2 million in indirect labor income and $22.0 million in induced labor income, resulting in a total labor income impact of $155.2 million. Labor Income Impacts, by Industry CY 2024 ($ Millions) Source: Tourism Economics Source: Tourism Economics The lodging industry was the most-impact industry with $44.7 million in labor income. The food and beverage industry and the recreation industry followed, with $34.2 million and $21.2 million in total labor income, respectively. Labor Income Impacts, by Industry CY 2024 ($ Millions) Direct Labor Income Indirect Labor Income Induced Labor Income Total Labor Income Total Labor Income, All Industries $113.0 $20.2 $22.0 $155.2 By industry Lodging $44.5 $0.0 $0.2 $44.7 Food & Beverage $28.2 $3.0 $3.1 $34.2 Recreation and Entertainment $20.7 $0.1 $0.4 $21.2 Retail Trade $10.7 $0.6 $2.4 $13.6 Business Services $0.0 $6.6 $1.9 $8.4 Education and Health Care $0.0 $0.1 $7.2 $7.3 Manufacturing $6.6 $0.4 $0.1 $7.0 Finance, Insurance and Real Estate $0.0 $2.9 $2.2 $5.1 Personal Services $0.0 $0.9 $2.3 $3.2 Wholesale Trade $0.0 $1.4 $0.6 $2.0 Communications $0.0 $1.4 $0.6 $2.0 Other Transport $0.9 $0.7 $0.3 $1.9 Government $0.0 $1.3 $0.3 $1.6 Gasoline Stations $1.5 $0.0 $0.1 $1.6 Construction and Utilities $0.0 $0.7 $0.3 $1.0 Air Transport $0.0 $0.1 $0.2 $0.3 Agriculture, Fishing, Mining $0.0 $0.2 $0.0 $0.2 $20.2 $22.0 $155.2 $113.0 Direct Labor Income Indirect Labor Income Induced Labor Income Total Labor Income $0 $10 $20 $30 $40 $50 Lodging Food & Beverage Recreation and Entertainment Retail Trade Business Services Education and Health Care Manufacturing Finance, Insurance and Real Estate Personal Services Wholesale Trade Communications Other Transport Government Gasoline Stations Construction and Utilities Air Transport Agriculture, Fishing, Mining Direct Indirect Induced $ millions Page 44 of 60 13 5 Fiscal (Tax) Impacts Page 45 of 60 Source: Tourism Economics 1414 Fiscal (Tax) Impacts Visitors to San Luis Obispo generated a total fiscal (tax) impact of $87.1 million, including $39.8 million in federal taxes and $47.3 million in state and local taxes. Visitor spending directly generated $37.1 million in state and local taxes, including $17.4 million in sales tax revenue (which included $10.8 million in Transient Occupancy Tax (TOT) revenue). The visitor industry generated approximately $47.3 million in total state and local tax revenues in CY 2024, including approximately $18.5 million in sales tax revenue, $7.0 million in personal income taxes, $2.7 million in corporate taxes, $2.9 million in excise and fees, and $16.2 million in property tax revenues. Fiscal (Tax) Impacts, by Type CY 2024 ($ Millions) Direct Taxes Indirect & Induced Taxes Total Taxes Total Taxes $62.8 $34.5 $87.1 Federal $25.7 $24.3 $39.8 Personal income $13.9 $6.1 $20.0 Corporate $1.6 $1.2 $2.7 Indirect business $1.2 $0.5 $1.7 Social insurance $9.1 $6.3 $15.4 State and Local $37.1 $10.2 $47.3 Sales $17.4 $1.1 $18.5 Transient Occupancy Tax (TOT)$10.8 $0.0 $10.8 Personal income $4.9 $2.1 $7.0 Corporate $1.6 $1.2 $2.7 Excise and fees $2.0 $0.9 $2.9 Property $11.2 $5.0 $16.2 Page 46 of 60 15 3 Appendix Page 47 of 60 16 Term Description Lodging Includes visitor spending in the accommodation sub-sector. This includes food and other services provided by hotels, rentals and similar establishments. Food and beverage Includes all visitor spending on food & beverages, including at restaurants, bars, grocery stores and other food providers. Recreation Includes visitors spending within the arts, entertainment and recreation sub-sector. Shopping Includes visitor spending in all retail sub-sectors within the local economy. Local transport Includes visitor spending on local transport services such as taxis, limos, trains, rental cars, buses, and the local share of air transportation spending. Service stations Visitor spending on gasoline. Second homes Where applicable, spending associated with the upkeep of seasonal second homes for recreational use as defined by the Census Bureau. Term Description Direct Impact Impacts (business sales, jobs, income, and taxes) created directly from spending by visitors to a destination within a discreet group of tourism-related sectors (e.g. recreation, transportation, lodging). Indirect Impact Impacts created from purchase of goods and services used as inputs (e.g. food wholesalers, utilities, business services) into production by the directly affected tourism-related sectors (i.e. economic effects stemming from business -to-business purchases in the supply chain). Induced Impact Impacts created from spending in the local economy by employees whose wages are generated either directly or indirectly by visitor spending. Employment Jobs directly and indirectly supported by visitor activity (includes part-time and seasonal work). One job is defined as one person working at least one hour per week for fifty weeks during the calendar year. Labor income Income (wages, salaries, proprietor income and benefits) supported by visitor spending. Value Added (GDP) The economic enhancement a company gives its products or services before offering them to customers. Local Taxes City and County taxes generated by visitor spending. This includes any local sales, income, bed, usage fees, licenses and other revenues streams of local governmental authorities – from transportation to sanitation to general government. State Taxes State tax revenues generated by visitor spending. This will include sales, income, corporate, usage fees and other assessments of state governments. Glossary – Spending Definitions Glossary – Economic Impact Definitions Page 48 of 60 Oxford Economics was founded in 1981 as a commercial venture with Oxford University’s business college to provide economic forecasting and modelling to UK companies and financial institutions expanding abroad. Since then, we have become one of the world’s foremost independent global advisory firms, providing reports, forecasts and analytical tools on 200 countries, 100 industrial sectors and over 3,000 cities. Our best-of-class global economic and industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact. Oxford Economics is an adviser to corporate, financial and government decision-makers and thought leaders. Our worldwide client base comprises over 2,000 international organizations, including leading multinational companies and financial institutions; key government bodies and trade associations; and top universities, consultancies, and think tanks. This study was conducted by the Tourism Economics group within Oxford Economics. Tourism Economics combines an understanding of traveler dynamics with rigorous economics in order to answer the most important questions facing destinations, investors, and strategic planners. By combining quantitative methods with industry knowledge, Tourism Economics designs custom market strategies, destination recovery plans, forecasting models, policy analysis, and economic impact studies. Oxford Economics employs 600 full-time staff, including 250 professional economists and analysts. Headquartered in Oxford, England, with regional centers in London, New York, and Singapore, Oxford Economics has offices across the globe in Belfast, Chicago, Dubai, Miami, Milan, Paris, Philadelphia, San Francisco, and Washington DC. About the Research Team 17 Page 49 of 60 18Page 50 of 60 1 San Luis Obispo, CA Lodging Forecast December 2024 Prepared for: Page 51 of 60 Visit SLO CAL engaged Tourism Economics to prepare a lodging forecast of key indicators for San Luis Obispo, CA and the following additional geographies (which will be delivered separately). •San Luis Obispo County •North County •South County •Atascadero, CA •Arroyo Grande, CA •Morro Bay, CA •Paso Robles, CA •Pismo Beach, CA This forecast relies on: •Monthly STR hotel data through October 2024; •Weekly STR hotel data through November 30, 2024; •Economic forecasts prepared by Oxford Economics, parent company of Tourism Economics; and, •Assumptions on the future path of the tourism sector in the context of economic trends. Due to standard forecast variability, future hotel performance may vary from the estimates presented in this forecast. TABLE OF Context Page 52 of 60 3 Forecast Tables Annual Forecast Table: Annual San Luis Obispo, CA Supply Demand Occ.ADR RevPAR Room Revenue Supply Demand Occ.ADR RevPAR Room Revenue Supply Demand Occ.ADR RevPAR Room Revenue Levels Growth Relative to 2019 2019 822,850 577,729 70.2%$145.79 $102.36 $84,229,139 0.0%0.0%0.0%0.0%0.0%0.0% 2020 861,672 420,215 48.8%$146.73 $71.56 $61,657,933 4.7%-27.3%-30.5%0.6%-30.1%-26.8%4.7%-27.3%-30.5%0.6%-30.1%-26.8% 2021 883,153 577,185 65.4%$186.30 $121.76 $107,531,766 2.5%37.4%34.0%27.0%70.2%74.4%7.3%-0.1%-6.9%27.8%18.9%27.7% 2022 920,498 623,336 67.7%$178.58 $120.93 $111,317,791 4.2%8.0%3.6%-4.1%-0.7%3.5%11.9%7.9%-3.6%22.5%18.1%32.2% 2023 919,981 623,221 67.7%$179.01 $121.27 $111,563,001 -0.1%0.0%0.0%0.2%0.3%0.2%11.8%7.9%-3.5%22.8%18.5%32.5% 2024 915,719 630,059 68.8%$178.62 $122.90 $112,543,680 -0.5%1.1%1.6%-0.2%1.3%0.9%11.3%9.1%-2.0%22.5%20.1%33.6% 2025 935,314 642,452 68.7%$178.94 $122.91 $114,959,637 2.1%2.0%-0.2%0.2%0.0%2.1%13.7%11.2%-2.2%22.7%20.1%36.5% 2026 973,090 660,603 67.9%$179.11 $121.59 $118,321,455 4.0%2.8%-1.2%0.1%-1.1%2.9%18.3%14.3%-3.3%22.9%18.8%40.5% Source: STR, Tourism Economics Page 53 of 60 4 Forecast Tables Quarterly Forecast Table: Quarterly San Luis Obispo, CA Supply Demand Occ.ADR RevPAR Room revenue Supply Demand Occ.ADR RevPAR Room revenue Supply Demand Occ.ADR RevPAR Room revenue Levels Growth Relative to 2019 2022 Q1 227,101 136,594 60.1%$151.21 $90.95 $20,654,447 4.7%17.1%11.9%9.3%22.3%28.1%16.5%7.5%-7.7%19.2%10.0%28.1% Q2 229,564 164,505 71.7%$189.48 $135.78 $31,170,138 4.7%6.0%1.3%1.9%3.2%8.0%12.9%11.3%-1.4%23.0%21.3%36.9% Q3 231,901 178,737 77.1%$197.22 $152.01 $35,250,629 4.6%7.1%2.4%-10.0%-7.9%-3.6%11.1%11.2%0.1%24.4%24.5%38.3% Q4 231,932 143,500 61.9%$168.94 $104.52 $24,242,577 3.0%3.6%0.6%-9.9%-9.4%-6.7%7.4%0.9%-6.0%20.9%13.6%22.1% 2023 Q1 226,890 135,893 59.9%$151.86 $90.95 $20,636,342 -0.1%-0.5%-0.4%0.4%0.0%-0.1%16.4%7.0%-8.1%19.7%10.0%28.0% Q2 229,411 164,603 71.8%$193.70 $138.98 $31,884,028 -0.1%0.1%0.1%2.2%2.4%2.3%12.8%11.4%-1.3%25.8%24.2%40.1% Q3 231,810 176,501 76.1%$195.58 $148.92 $34,520,934 0.0%-1.3%-1.2%-0.8%-2.0%-2.1%11.1%9.8%-1.1%23.3%21.9%35.4% Q4 231,870 146,224 63.1%$167.70 $105.76 $24,521,697 0.0%1.9%1.9%-0.7%1.2%1.2%7.4%2.8%-4.2%20.1%15.0%23.5% 2024 Q1 226,890 137,607 60.6%$151.69 $92.00 $20,873,598 0.0%1.3%1.3%-0.1%1.1%1.1%16.4%8.3%-7.0%19.6%11.2%29.5% Q2 229,411 166,731 72.7%$193.46 $140.60 $32,256,005 0.0%1.3%1.3%-0.1%1.2%1.2%12.8%12.8%0.0%25.6%25.6%41.7% Q3 231,810 178,181 76.9%$194.59 $149.57 $34,671,684 0.0%1.0%1.0%-0.5%0.4%0.4%11.1%10.9%-0.2%22.7%22.5%36.0% Q4 227,608 147,540 64.8%$167.70 $108.71 $24,742,392 -1.8%0.9%2.8%0.0%2.8%0.9%5.4%3.8%-1.6%20.1%18.2%24.6% 2025 Q1 222,660 139,121 62.5%$152.45 $95.25 $21,208,723 -1.9%1.1%3.0%0.5%3.5%1.6%14.3%9.5%-4.1%20.1%15.2%31.6% Q2 226,574 166,731 73.6%$194.43 $143.08 $32,417,285 -1.2%0.0%1.3%0.5%1.8%0.5%11.4%12.8%1.2%26.2%27.8%42.4% Q3 240,808 181,388 75.3%$197.51 $148.77 $35,825,211 3.9%1.8%-2.0%1.5%-0.5%3.3%15.4%12.9%-2.2%24.5%21.8%40.6% Q4 245,272 155,212 63.3%$164.35 $104.00 $25,508,417 7.8%5.2%-2.4%-2.0%-4.3%3.1%13.6%9.2%-3.9%17.7%13.1%28.4% 2026 Q1 239,940 144,964 60.4%$150.62 $91.00 $21,834,296 7.8%4.2%-3.3%-1.2%-4.5%2.9%23.1%14.1%-7.3%18.7%10.0%35.5% Q2 242,606 171,399 70.6%$192.48 $135.99 $32,991,720 7.1%2.8%-4.0%-1.0%-5.0%1.8%19.3%16.0%-2.8%25.0%21.5%44.9% Q3 245,272 185,923 75.8%$198.49 $150.46 $36,904,445 1.9%2.5%0.6%0.5%1.1%3.0%17.5%15.7%-1.6%25.2%23.2%44.8% Q4 245,272 158,316 64.5%$167.96 $108.41 $26,590,994 0.0%2.0%2.0%2.2%4.2%4.2%13.6%11.3%-2.0%20.2%17.9%33.9% Source: STR, Tourism Economics Page 54 of 60 5 For more information: info@tourismeconomics.com Tourism Economics is an Oxford Economics company with a singular objective: combine an understanding of the travel sector with proven economic tools to answer the most important questions facing our clients. More than 500 companies, associations, and destination work with Tourism Economics every year as a research partner. We bring decades of experience to every engagement to help our clients make better marketing, investment, and policy decisions. Our team of highly-specialized economists deliver: •Global travel data-sets with the broadest set of country, city, and state coverage available •Travel forecasts that are directly linked to the economic and demographic outlook for origins and destinations •Economic impact analysis that highlights the value of visitors, events, developments, and industry segments •Policy analysis that informs critical funding, taxation, and travel facilitation decisions •Market assessments that define market allocation and investment decisions Tourism Economics operates out of regional headquarters in Philadelphia and Oxford, with offices in Belfast, Buenos Aires, Dubai, Frankfurt, and Ontario. Oxford Economics is one of the world’s foremost independent global advisory firms, providing reports, forecasts and analytica l tools on 200 countries, 100 industrial sectors and over 3,000 cities. Our best-of-class global economic and industry models and analytical tools give us an unparalleled ability to forecast external market trends and assess their economic, social and business impact. Headquartered in Oxford, England, with regional centers in London, New York, and Singapore, Oxford Economics has offices across the globe in Belfast, Chicago, Dubai, Miami, Milan, Paris, Philadelphia, San Francisco, and Washington DC, we employ over 250 full-time staff, including 150 professional economists, industry experts and business editors—one of the largest teams of macroeconomists and thought leadership specialists. About Tourism Economics Page 55 of 60 Page 56 of 60 1 Promotional Coordinating Committee Minutes March 12, 2025, 5:30 p.m. Council Hearing Room, 990 Palm Street, San Luis Obispo PCC Members Present: Committee Member Lydia Bates (left meeting at 7:30 p.m.), Committee Member Maureen Forsberg, Committee Member John Thomas, Committee Member Robin Wolf, Chair Samantha Welch PCC Members Absent Committee Member Anni Wang City Staff Present: Tourism & Community Promotions Manager Jacqui Clark- Charlesworth _____________________________________________________________________ 1. CALL TO ORDER A Regular Meeting of the San Luis Obispo Promotional Coordinating Committee was called to order on March 12, 2025 at 5:32 p.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo, by Chair Welch. 2. PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA Public Comment: None --End of Public Comment-- 3. CONSENT Motion By Committee Member Thomas Second By Committee Member Bates To approve Consent Items 3a through 3f. Ayes (5): Committee Member Bates, Committee Member Forsberg, Committee Member Thomas, Committee Member Wolf, and Chair Welch Absent (1): Committee Member Wang CARRIED (5 to 0) Page 57 of 60 2 3.a MINUTES OF THE REGULAR MEETING ON FEBRAURY 12 3.b 2024-25 COMMUNITY PROMOTION BUDGET REPORT 3.c SLO CHAMBER MONTHLY PUBLIC RELATIONS REPORT 3.d SLO CHAMBER GUEST SERVICES REPORT 3.e SLO CHAMBER GRANT SUPPORT REPORT 3.f TRANSIENT OCCUPANCY TAX (TOT) REPORT 4. PRESENTATIONS 4.a NEIGHBORHOOD CAMPAIGN UPDATE (30 MIN) Representatives from Whereabout presented their findings from their business district and neighborhood identity work. Public Comment Carrie Sundra, Alpenglow Industries Adam Montiel, Broadcaster --End of Public Comment-- Action: By consensus the Committee directed staff to put forth a City process by which customer-serving businesses can apply to receive one- time funding from the City for promotional purposes and to reestablish the subcommittee to work on the process. During FY 25-26 the businesses within a defined district would need to organize, get a majority to agree on a name and the promotional use of $5,000 funds, and then apply for the grant, available through the Economic Development budget. 4.b SLO RESTAURANT MONTH RECAP (25 MIN) Tourism & Community Promotions Manager Jacqui Clark-Charlesworth presented the staff report and responded to inquiries. Action: No action taken on this item. 4.c PUBLIC RELATIONS MONTHLY ACTIVITY UPDATE (10 MIN) Representative from SLO Chamber presented the report for the public relations activities that occurred over the past month. Action: No action taken on this item. 5. BUSINESS ITEMS Page 58 of 60 3 5.a FY 2024-25 COMMUNITY PLACEMAKING & RECOVERY BUDGET (30 MIN) Tourism & Community Promotions Manager Jacqui Clark-Charlesworth presented the staff report and responded to inquiries. Public Comment: None --End of Public Comment-- Motion By Committee Member Wolf Second By Committee Member Thomas To allocate funding for the following projects:  Neighborhood maps up to $5,000  ARTober swag for 2025 promotion up to $4,000  Public Art Identity up to $10,000 o includes a refresh to the public art identity o update the public art style guide Ayes (4): Committee Member Forsberg, Committee Member Thomas, Committee Member Wolf, and Chair Welch Absent (2): Committee Member Bates, and Committee Member Wang CARRIED (4 to 0) 5.b CONTRACTOR EVALUATION PROCESS (10 MIN) Tourism & Community Promotions Manager Jacqui Clark-Charlesworth presented the staff report and responded to inquiries. Action: No action taken on this item. 5.c ELECTION OF CHAIR & VICE-CHAIR (10 MIN) Motion By Committee Member Forsberg Second By Chair Welch To appoint John Thomas as Chair and Robin Wolf as Vice Chair for the next year. Ayes (4): Committee Member Forsberg, Committee Member Thomas, Committee Member Wolf, and Chair Welch Page 59 of 60 4 Absent (2): Committee Member Bates, and Committee Member Wang CARRIED (4 to 0) 6. PCC LIAISON REPORTS AND COMMUNICATION 6.a CACP LIAISON REPORT – Liaison Assignments - None 6.b COMMITTEE OUTREACH UPDATE – Committee Report - None 6.c TBID BOARD REPORT – TBID Meeting Minutes: February 12, 2025 Tourism & Community Promotions Manager Jacquie Clark-Charlesworth provided an update on items the TBID has been working on. 6.d TOURISM PROGRAM UPDATE – Staff Report Tourism & Community Promotions Manager Jacqui Clark-Charlesworth provided an update on the Tourism Program. 7. ADJOURNMENT The meeting was adjourned at 8:03 p.m. The next Regular Meeting of the Promotional Coordinating Committee is scheduled for April 9, 2025 at 5:30 p.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo. APPROVED BY PROMOTIONAL COORDINATING COMMITTEE: XX/XX/202X Page 60 of 60