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HomeMy WebLinkAbout03 28 2016 RiverSouth PresentationCity of Prior Lake March 28, 2016 Circa: 1995 What is RiverSouth? What is RiverSouth? Destination Marketing Partnership •Mystic Lake Casino •Canterbury Park •Valleyfair •Renaissance Festival •City of Prior Lake •City of Shakopee •Shakopee Mdewakanton Sioux Community The brand is a way to describe the geographic region in Scott County that includes some of the biggest and best entertainment attractions in Minnesota. What is RiverSouth? Combined these attractions entertain more than 10 million visitors annually. What is RiverSouth? Origins of RiverSouth Born out of collaboration with: Origins of RiverSouth Spurred by the success of the 2012 joint marketing agreement between the SMSC and Canterbury Park Proximity of venues has facilitated collaboration on various initiatives Four organizations share goals of wanting the region to thrive and attract visitors and quality employees RiverSouth is a natural outgrowth of these collaborations RiverSouth Brand Pillars Engages multiple generations Fun, active attractions Conveniently located in the southwest Twin Cities Best-in-class entertainment RiverSouth Objectives •Build greater awareness that results in business growth for the region’s strong entertainment/fun industry. •Attract visitors, employees, residents, and entertainment focused economic development to the area. •Encourage longer visits to multiple destinations in the region. Targeted Advertising Dynamic Website riversouthmn.com Target Audiences Primary Audience •Regional traveler Secondary Audience •Metro residents 2016 Strategic Priorities Overarching Goal: On-going Brand Awareness 2016 Strategic Priorities •Expand website capabilities to allow for packaging/ bundling booking options for guests •Multi-channel advertising campaign in new regional target markets in greater Minnesota and neighboring states •Extend RiverSouth regional reach through collaborative marketing efforts with tourism partners 2016 Strategic Priorities •Develop a Community Relations campaign that maintains a local presence and builds brand ambassadors •Increase public relations efforts •Be opportunistic 2016 Opportunity: Ryder Cup at Hazeltine National Golf Club Great Golf Experiences in RiverSouth 2016 Opportunity: Ryder Cup at Hazeltine National Golf Club Official Park and Ride lot for Ryder Cup Collaboration April 2, 2016 Canterbury Park Expo Center Collaboration Mystic Lake and Renaissance Shuttle partnership Business Partner for Entertainment and Tourism Management Program, Fall 2016 Collaboration Collaboration Collaboration September 2016 –August 2018 History of Fun in Scott County Tourism Impact Travel & Tourism in Minnesota generates Sales: •$13.6 billion in annual gross sales •More than $37 million a day Jobs: •254,000 full and part-time jobs •11% of total private sector employment •Almost $4.5 billion in wages Revenue: •$840 million state sales tax •17% of state sales tax revenue Tourism Impact Travel & Tourism impact in Scott County Sales: •$354,000,000 in gross sales Jobs: •6,000 in private sector employment Revenue: •$19.8 million state sales tax Published information by Explore Minnesota Tourism and provided by Minnesota Department of Revenue and DEED (2014). Leisure and hospitality industry consists of accommodations, food services & drinking places and arts, entertainment and recreation. RiverSouth Longevity •Renaissance Festival celebrated its 45th year in 2015 •Valleyfair will celebrate its 40th Anniversary in 2016 •Mystic Lake Casino opened in 1992 and major expansion plans are under way •Canterbury Park, under current ownership, re-opened in 1995 and last year opened a new Expo Center Thank you! Bill Von Bank bill@riversouthmn.com