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WSHP Covered Arena & Associated Build-Out-Cle Elum
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06. June
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2017-06-20 10:00 AM - Commissioners' Agenda
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WSHP Covered Arena & Associated Build-Out-Cle Elum
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1/16/2018 3:26:32 PM
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1/16/2018 12:02:44 PM
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Meeting
Date
6/20/2017
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
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Alpha Order
a
Item
Lodging Tax Large Scale Projects Presentations and Request to Consider the Lodging Tax Advisory Committee's Recommendation on the Tourism-Related, Large-Scale Municipality-Owned Capital Projects and Operations Grant Applications
Order
1
Placement
Board Discussion and Decision
Row ID
37453
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We then work with the following estimates of horse days per year:10,630 <br />(conservative),17,717 (optimistic),and 25,600 (unrealistic).Given a numberof horse <br />days per year,we translatethis into revenue per year by multiplyingby dollars per <br />horse day.As mentioned above,survey results indicate that stall fees are <br />approximatelyone half of revenue per horse.We confirmed this by examiningan event <br />analysis for a Dressage Horse Show conducted in Los Angeles in 2003.Horse stall <br />revenuewas 54%of total show rental.Based on this,we assumetotal revenue per <br />horse is twice stall rental,even though some revenue is indirectly linked to the number <br />of stalls rented (e.g.the facility rental). <br />We must distinguish between stall fees charged to the participant from stall fees paid to <br />the facility.Show organizers pay facility stall fees and charge participant stall fees.For <br />the purposes of our study,we are only concerned with facility stall fees.In our survey <br />of WA equine organizations,Steve Busick asked the organization officers what stall <br />rentals were at their current locations.Seven respondents said $25,while the other <br />three listed $35,$40 and $65 per day.For the Los Angeles show we examined,stall <br />fees to the facility were $13.86 per horse day.Given this disparity in rental fees,we <br />were unsure if our survey respondentswe providing stall fees charged to participants or <br />charge fees paid to facilities.In order to resolve this we conducted a brief internet <br />search of current facilities. <br />The Kentucky Horse Park lists $20/night for the first night,and $15 per night thereafter. <br />This Horse Park of New Jersey lists $30 for one day shows,$45 (total)for 2 or 3 day <br />shows,and $10 per day thereafter.The North Carolina Eastern Agriculture Center <br />charges between $10 and $15 per day depending on the numberof days.Examining <br />the entry forms of the Reining Horse Association NW,the per day stall fee to the <br />competitor at various Northwest locations is uniformly $25 per night.This information <br />suggests that revenue to the facility is between $10 and $15,while stall fees charged to <br />27
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