Loading...
HomeMy WebLinkAboutB2 Tourism Business Improvement District Annual Report 2013-14 1 TBID Annual Report 2013-14 Letter from the Chair This year the City of San Luis Obispo’s Tourism Business Improvement District (TBID) marked the fifth year of business since the district was established. This momentous year brought with it tremendous results of our marketing program and also the opportunity to move our efforts forward into the next phase of tourism marketing for San Luis Obispo. In fiscal year 2013-14, the Transient Occupancy Tax reached it’s the highest annual collection amount in the City’s history, just over $6 million in total. Nearly every month produced record setting numbers for both occupancy and Average Daily Rate (ADR). This achievement proves that our efforts are returning great value to our members and the City as a whole. Over the past year, the TBID Board welcomed two new commissioners to our seven member advisory Board: John Conner of Petit Soleil and Michael Adams of the Courtyard by Marriott. Commissioner Conner is no stranger to the TBID, in fact he can be credited with spearheading the formation of the district and subsequently served two complete terms as Board Chair. Commissioner Adams, while being new to the role of an official Board Member, as a constituent member he has served on numerous TBID taskforces and committees over the past five years and has also represented the City at various travel industry and consumer tradeshows. Their dedication and leadership will serve the San Luis Obispo lodging businesses well. This was the year of forward thinking for the district. We dedicated much of our time and effort on looking toward the opportunities that the next five years can bring for tourism in the San Luis Obispo. The Board and staff invested significant time, resources, and hard work in developing a five year strategic clarity document that will serve as the framework for the direction that the TBID will purse moving forward. Our development of a long-term strategic plan for our TBID has once again shown our leadership amongst local TBIDs, many of whom are now pursuing a similar process. This year we commissioned new technologies for our marketing program including: GoSLO a mobile gamification platform and the Helium booking engine to ensure that we were continuing to be relevant in the constantly changing travel business. 2013-14 was also the final year of our marketing contract with Rosetta, our trusted agency who guided us through the establishing our tourism marketing efforts from the very beginning. As that partnership came to a close, we redefined our future programs by selecting two local marketing agencies, Barnett Cox and Associates (BCA) and StudioGood, through a very competitive process to manage and further develop our brand. We are proud of our accomplishments this year and we are excited for what’s coming next! Sincerely, Nipool Patel 2 TBID Annual Report 2013-14 Contents Background ………………………………………………………………….3 Goals & Objectives ………………………………………………………..5 Marketing Platform …………………………………………………….…6 2013-14 Summary………………………………………………………….7 2013-14 Data Comparison ……………………………………………14 Financial Statement………………………………………………………16 3 TBID Annual Report 2013-14 Tourism Business Improvement District (TBID) – Background In June 2008 the City Council adopted Ordinance 1517 establishing the tourism business improvement district (TBID) in the City of San Luis Obispo as requested by the local lodging industry. The assessment of two percent of gross receipts for the district became effective on October 1, 2008 and the use of funds was defined in Section 12.42.030 of the Municipal Code as follow: “This ordinance is made and enacted pursuant to the provisions of the Parking and Business Improvement Area Law of 1989 (Sections 36500 et. seq., of the California Streets and Highways Code). The purpose of forming the district as a business improvement area under the Parking and Business Improvement Area Law of 1989 is to provide revenue to defray the costs of services, activities and programs promoting tourism which will benefit the operators of hotels in the district through the promotion of scenic, recreational, cultural and other attractions in the district as a tourist destination.” Advisory Body The use of the assessment fund is based on the recommendation of the Tourism Business Improvement District advisory board that is staffed by City of San Luis Obispo hotel owners, operators, and/or managers. The board members are appointed by the City Council and serve for an initial term of four years with the opportunity to serve second term for a maximum of eight years. 2013-14 Advisory Board Name Property Term Clint Pearce - Past Chair Madonna Inn 3/31/2015 Dean Hutton Apple Farm 3/31/2017 (2nd term) John Conner Petit Soleil 3/31/2015 Matthew Wilkins Sands Inn 3/31/2016 Nipool Patel - Chair Comfort Inn 3/31/2016 (2nd term) Michael Adams Courtyard 3/31/2017 Kimberly Walker Granada Inn 3/31/2017 (2nd term) 4 TBID Annual Report 2013-14 Advisory Body Bylaws In addition to the governing City ordinance, the TBID Board established its advisory body bylaws and further defined its role and functions as: The functions and duties of the TBID BOARD shall include, but not be limited to, the following: A. Planning a comprehensive program to promote tourism to the City of San Luis Obispo and prepare an annual marketing program consistent with industry goals and objectives. B. Develop advertising and promotional programs and projects to benefit the lodging industry in San Luis Obispo. C. Present an annual assessment report to the City Council regarding the implemented promotional programs and projects. D. Perform any other lawful tasks as directed by the Council. The board meets monthly on the second Wednesday at 10 a.m. for its regular board meeting. In 2013-14, the board met in 12 regular monthly meetings and 7 special meetings. Additionally, it appointed a budget task force, strategic plan taskforce, and marketing RFP taskforce and appointed three of its members to serve on the events promotion subcommittee together with three members of the Promotional Coordinating Committee. In order to keep the lodging constituency abreast of all TBID business, the board assigned liaisons and each board member is responsible for communication with his/her respective group of hotels. The board chair and staff continue to visit all properties at least once a year to personally bring TBID updates and marketing opportunities to each property. 5 TBID Annual Report 2013-14 Goals and Objectives Objective The TBID’s objective is to promote tourism to San Luis Obispo and expeditiously increase overnight stays in City hotels or simply: “Put heads in hotel beds”. Goals The goals to achieve the objective are five-fold and are the base for all promotional efforts and the programmatic approach within the marketing strategy: 1. Increase occupancy at all 38 hotel properties throughout the year; 2. Increase occupancy during shoulder months; 3. Increase occupancy mid-week; 4. Stabilize bookings and emphasize the City as a year-round destination; 5. Increase the length of stay. The objective and the goals are at the core of all efforts put forth under the TBID annual work program. The initial efforts concentrated on an advertising campaign centered around the tourism website www.sanluisobispovacations. After five years, the TBID’s program has matured into a promotional marketing platform utilizing a multitude of elements in support of the defined goals and set objective. 6 TBID Annual Report 2013-14 2013-14 Marketing Strategy All of the TBID’s efforts are driven by the objective and goals to increase demand for overnight stays and hotel occupancy. The City’s tourism website www.sanluisobispovacations.com continues to remain the center piece to which all other efforts drive traffic. A key measure within the site is the use of the “Hotel Finder” which is dominantly placed on all pages within the site. Subsequently, the TBID has developed an additional website www.shareslo.com focused on aggregating content produced by residents to tell our community’s unique stories and serve as the foundation of our social media marketing efforts. In 2013-14 the five pillar marketing platform approach was expanded to include a sixth pillar for social media. These pillars utilized distinct elements to broaden awareness of San Luis Obispo as a destination and to actively bring people to town. 2013-14 Marketing Platform Advertising Partnerships Tradeshows Events Promotion Tourism Organizations Social Media 7 TBID Annual Report 2013-14 2013-14 Marketing Detail Advertising With a fully operating media funnel for the past four years, the campaign has been able to advance the objectives in the recovering travel market. The funnel concentrates on the four key elements: utilizing traditional and online advertising, social media, search tools, and a monthly newsletter to drive traffic through the funnel and ultimately result in booking a hotel room in San Luis Obispo. In fiscal year 2013-14, the TBID maintained the budget allocations initiated in 2012-13 and as a result, the marketing and advertising contract was stabilized at the previous year investment level. Based on this approach, the marketing strategy was adjusted to the focus “back to the basics” of the TBID’s proven success. The 2013-14 marketing campaign continued to deepen the targeting of experience specific interests and maximized the user experience on the website, using current traveler research and site analytics aggregated from the previous year. The executed plan utilized the following strategies: o Re-engage a Search Engine Optimization (SEO) and Search Engine Marketing (SEM) strategies o Leverage the targeted email strategy o Create new banner suites to take advantage of partnership programs o Normalize the media spend Focusing on SEO and SEM, the City’s Marketing Agency for the TBID, Rosetta Marketing completed a full website audit for thorough analysis of the website's strengths and weaknesses. They reviewed user behavior, traffic sources and site usability to provide a comprehensive view of the site's performance. Based on the results from the audit, the agency’s web team completely optimized the content on the site in order to increase the site performance and enhance the user’s experience. They also evaluated and adjusted the keyword strategy to ensure that the search results related to San Luis Obispo would result in visits to www.sanluisobispovacations.com . The results of these efforts included: • 49% increase in visits to website in 2014 vs. 2013 year cycle • 54% increase in overall users • 18% increase in page views 8 TBID Annual Report 2013-14 Website Traffic Comparison for 2013-14 to 2012-13 Expenditure Detail As mentioned above, Rosetta Marketing, continued to purse an aggressive digital heavy media campaign. Due to aggressive media buying, constant monitoring and campaign adjustment, the agency spent the complete $600,000 of the budget on general marketing expenditures and campaign overall. A significant portion of the targeted digital advertising spend was specifically invested in in the high performers like Display in Google, which is cost per click instead of impression-based, and Trip Advisor, a primary travel research outlet. These outlets were pursued because they are both mid-funnel in the buyers behavior with a lower cost to convert to a booking. Rosetta also kept the low-funnel pay-per-click SEM in intact to not miss travelers actively looking for San Luis Obispo travel options and lodging. Additionally, the agency added support to further grow the TBID’s social media presence by investing in regular Facebook ads and promotions for the ShareSLO program. Social Media The TBID’s social media platform has been built on a program called ShareSLO. In 2012-13, ShareSLO is one of the major marketing initiatives and the program continued in 2013-14. The program is aimed at developing a new approach to managing social media networks though consistent and relevant content upload and participation. The program was crafted as a way to launch the TBID into the social media networks through creating a unique platform and program to build community support and content integration. In 2013-14, the ShareSLO program continued to be focused on building the community. In order to accomplish this, the key strategies included: • Interacting and engaging with the public to expand awareness • Connect with event organizers for potential promotional opportunities in SLO • Promote San Luis Obispo and events on social networks reaching outside area to increase visitors • Document events and activities and share on social networks • Contribute ti the community forum blog on ShareSLO.com 9 TBID Annual Report 2013-14 ShareSLO.com is a community-generated information hub providing up-to-date and entertaining accounts of life in the happiest city in North America. It celebrates all that San Luis Obispo has to offer, through the eyes of real residents and visitors. With a local events calendar, community blog and live feeds from Twitter and Instagram, ShareSLO.com helps visitors live like the locals. The ShareSLO.com blog reports on activities and events, local hot spots and backroad adventures that are all uniquely San Luis Obispo. Whether wine, food, outdoor activities or Cal Poly life, ShareSLO bloggers are in-the-know when it comes to local happenings and Central Coast life. Visitors can find them out on the town and online enjoying everything that makes our city great. ShareSLO.com is populated with content provided by community members and the Street Team. The Street Team is encouraged to use the hashtag term (#shareslo) on their social posts in order for the results and reach of their post to be tracked. Serving as the TBID’s social media platform, the campaign generated substantial results and reach for the SLO TBID. ShareSLO Results by the Numbers Mobile Experience Development The mobile trend has been on a continual growth trajectory. The TBID’s website, www.sanluisobispovacations.com, has seen incredible growth in mobile usage up 46% over last year. Previously, the TBID’s website was mobile compatible but not responsive which negatively impacted the user experience. Below is a chart reflecting the increase in mobile traffic since the launch of the City’s tourism website in 2010. 10 TBID Annual Report 2013-14 Mobile Traffic to sanluisobispovacations.com In response to this influx in mobile traffic, the TBID prioritized the development of new technologies for the TBID’s website to enhance the mobile experience. The analytics that showed that visits to the mobile site were mostly likely in market while a traveler was already in San Luis Obispo, so in response Rosetta designed a complete mobile experience rather than just updating the site to be responsive. The mobile experience called GOSLO is a gamification take on traditional itinerary planning an serves as an on-the-go mobile companion to the City’s tourism website, SanLuisObispoVacations.com. Much like a ‘matchmaking’ scenario, GOSLO allows users to choose activities from a series of illustrated cards. Based on their preferences, GOSLO generates their ‘SLO style badge’ with a customized vacation itinerary. GOSLO vacation styles include the SLOcavore for wine and food enthusiasts, SLOmancer for those wishing for a romantic getaway and the Kerouwhack for travelers looking for quirky, off-the beaten path recommendations. This experience launched in late May 2014. Partnerships In 2013-14, this element of the marketing mix continued to expanded from solely focusing on partnerships for exclusive lodging in San Luis Obispo to include partners that could help strategically support and expand the marketing efforts of the TBID overall. For example, a new partnership in 2013-14 was with San Luis Obispo Wine Country Association. This relationship was something that the TBID had hoped to establish for a number of years but was unsuccessful in doing. However in 2013-14, the TBID was able to establish a beneficial marketing partnership with SLO Wine. The main objective was to establish a dynamic partnership to build tourism in conjunction with the wine industry and increase awareness of the region overall. In addition to the opportunities to work with SLO Wine to host media , trade, and VIP consumers, the TBID and its constituents received outstanding membership benefits from SLO Wine including: 11 TBID Annual Report 2013-14 • Announcements and hyperlinked logo on over 50 in SLO Wine E-Newsletters distributed to over 10,000 subscribers which resulted in over 200 direct click throughs to the TBID’s website • Website branding on SLOWine.com with listing under associate members and “Stay” Section, the TBID logo & banner ads featured throughout website and premier logo placement under member partner page • Ad space in SLO Wine Country Map with 60,000 maps printed and distributed in all hotels, CA Visitors Centers, Chambers, and in Ventura & SB County. The longest standing partnership with Cal Poly Athletics began in 2011-12, when the City entered into a three-year agreement to host all of Cal Poly’s conference visiting teams, recruits, and athletic guests. In 2013-14 the contract was in the final year and the program continued stronger than ever. Again, 575 guests from eight different sports were lodged in San Luis Obispo not including visiting parents and other guests travelling with the teams. Besides the direct lodging component, the sponsorship benefits opened the Cal Poly Athletics newsletter and alumni list to the promotional efforts of the TBID in addition to exclusivity on hotel messaging at all the stadiums, programs, and promotional tools of Cal Poly Athletics. This partnership expanded to help support the ShareSLO campaign and to build awareness with students and Cal Poly fans to #shareslo. In 2013-14, the exclusive partnership with Nature Corps to secure lodging of all volunteer vacation participants in San Luis Obispo was continued for the third year. Since 1987 the Nature Corps has organized luxury volunteer vacations to help bridge the gap between dwindling resources and the growing need for preservation and rehabilitation of fragile wilderness ecosystems within the national and state parks. In San Luis Obispo County, the Corps offers two packages that benefit Morro Bay and Hearst Castle State Parks. Volunteer vacations have tremendously gained in popularity as people are not only looking to visit scenic places, but to give meaning to their travels. Volunteer vacations offer this experience as they mix meaningful restoration work in the country’s national and state parks with sightseeing and entertainment. Ideally, the packages were to bring Nature Corps participants to San Luis Obispo for stays Monday through Friday and were placed in the shoulder months in alignment with the TBID’s goals. In 2013-14 the Nature Corps team moved forward with Rosetta to realign their brand and website to better serve the guest in an effort to return results for the TBID. The updates drew great interest and finally resulted in one major group booking in February of 2014. In 2013-14 was the second year for a new program with the Chamber of Commerce to provide a telephone assistance and hotel availability program exclusively for the TBID hotels and guests. In 2013-14, the Chamber was able to refer TBID properties over 2000 times and made 100% contact with the TBID properties, either by phone or email, to gather availability information. Also launched this past year was a phone line tied to a specific and dedicated phone number that serves as a response tool to the TBID’s online advertising efforts and website presence- 1- 12 TBID Annual Report 2013-14 877-SLO-TOWN. The phone number creates the option for a ‘real’ planning experience, namely connecting with someone to talk to and answer questions. The staff person only recommends TBID properties through that phone line. The telephone number, 1-877-SLO-TOWN, is a separate line that rings into the Chamber and is for TBID use only. During the first year of the program, 119 calls were received. Increased visibility of the phone number and greater market penetration has generated significantly more usage; the line received 479 calls through the end of the fiscal year. The City of San Luis Obispo has contributed to the marketing efforts of the San Luis Obispo County VCB now Visit San Luis Obispo County for many years. Traditionally, this payment came out of the Community Promotions program overseen by the Promotional Coordinating Committee. Due to the changes within Community Promotions since the creation of the TBID, the Visit San Luis Obispo County funding shifted to the TBID because of the Visit San Luis Obispo County’s marketing efforts promote the County of San Luis Obispo as a tourist destination. In addition, since 2009-10 fiscal year, the TBID Board has covered the expense of all membership dues for San Luis Obispo lodging properties in order to create equal membership benefits for all San Luis Obispo hotels. The TBID Board leverages the partnership with Visit San Luis Obispo County to promote San Luis Obispo on a national and international level- beyond the local and state reach the TBID’s marketing plan focus to achieve. The TBID’s investment in Visit San Luis Obispo County is also encompasses group sales, film commission, countywide public relations, and countywide special events (like Restaurant Month, Wine Month, Savor the Central Coast). Tradeshows In 2013-14, the TBID continued the participation in two consumer shows, the Los Angeles and the San Francisco Travel and Adventure Shows. With the historic success of the participation in those shows, the TBID Board approved the participation in the new San Diego Travel and Adventure Show. All three shows were a great success with 32,000 people attending the Los Angeles show, 16,000 visiting San Francisco, and nearly 13,000 at the new San Diego based show. In addition to the direct contact made at the booth to excite people about travelling to San Luis Obispo, staff promoted upcoming events, the ShareSLO campaign and blog, and distributed hotel and destination information. This year the TBID also partnered with Hearst Castle which generated increase interest in the booth. In total, the three shows garnered nearly 2,500 new subscribers to the newsletter. Events Promotion In 2013-14, the TBID invested in several high profile events and provided the seed money needed to establish them in San Luis Obispo. One of the stipulations for funding is exclusivity for 13 TBID Annual Report 2013-14 San Luis Obispo lodging and the events are required to actively promote stays in TBID member hotels. Jazz Festival – May 17, 2014 In May 2014, the first annual SLO Jazz Festival was hosted in Mission Plaza. This particular event had been in development for multiple years; however lack of funding had made it impossible to produce. Based on the organizers response to the TBID’s request throughout those previous years, in 2014 the event was finally held for the first time. The event attracted over 1500 attendees of which over 17% were from out of the area. In addition the event generated $1.5 million in economic impact. SLO Marathon – April 25-27, 2014 The San Luis Obispo Marathon, half marathon and 5K had another exceptional year in 2014. The event continues to make a national presence in the running industry and is on the list of many runners as “must do” race. Race weekend saw nearly 4300 athletes participate in five races. The 2014 Economic Impact for the community was $3.28 Million. Over three years, the SLO Marathon has created $8.49 Million in Economic Impact. In a survey conducted of 2014 participants, 92% rated the SLO Marathon very good or outstanding and 92% would recommend the race to their friends. Also, 60% of respondents said they will very likely or definitely be back on a vacation and 88% said they would recommend San Luis Obispo as a place to visit to their friends. Once again, the San Luis Obispo Marathon, Half Marathon and 5K had impressive demographics with 60% Out-of-Market vs 40% In-Market Participation. SLO Wine’s Roll Out the Barrels – June 19-23 2014 This was the second year the TBID has partnered with SLO Wine Country Association for the Roll Out the Barrels event. The purpose of the partnership was to establish lodging promotions with SLO Wine for San Luis Obispo hotels as well as provide SLO Wine the much needed funding to expand the event advertising outside the area. In total the event attracted 1881 attendees and about 30% were from out of the area. The survey results show that attendees from outside the area attendee 3 events on average and stayed on average 3 nights in the area. Based on the Stay in SLO $20 discount ticket promotion, 87 ticket packages were sold and approximately 130 track able room nights were consumed at SLO TBID hotels. Additional Events Promotion Support was given to the following Events:  SLO Concours  Cal Poly Open House  Remnants of the Past Vintage Show in November of 2013 14 TBID Annual Report 2013-14  Sunset SAVOR the Central Coast  Central Coast Railroad Festival 2013-14 Data Comparison Transient Occupancy Tax (TOT) 2007 - 2014 TOT 2013-14 versus 2012-13 $- $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 $- $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 2012-13 2013-14 15 TBID Annual Report 2013-14 Occupancy 2012-13 and 2013-14 Average Daily Rate (ADR) 2012-13 versus 2013-14 0 20 40 60 80 100 July August September October November December January February March April May June 2013-14 2012-13 $- $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 July August September October November December January February March April May June 2013-14 2012-13 16 TBID Annual Report 2013-14 2013-14 Financial Statement Time Frame Amount TBID Budget July 2013- June 2014 $1,020,000 2012-13 Carry-Over /Excess Revenue $104,098 Fund Balance $100,000 Total Budget Fiscal Year 2013-14 $1,224,098 Expenditure 2013-14 Rosetta Contract July 2013- June 2014 $600,000 SLO County VCB July 2013- June 2014 $104,997 Chamber of Commerce July 2013- June 2014 $ 25,000 STR Report $1,250 Central Coast Tourism Council $610 CA State Visitors Guide $2,500 Events Promotion $179,500 Tradeshows/ Conferences $ 27,500 Partnerships – Cal Poly, Nature Corps $ 103,500 Marketing/Advertising/Special Projects $20,789 City Administration/ Tourism Manager $100,500 Booking Engine- Helium $18,500 Strategic Plan Contractor/Expenses $25,000 Total Expenditure $1,209,646