Tempe Convention And Visitors Bureau Inc
TEMPE, AZ
Total revenue
$4.1M
Total expenses
$4.0M
Net assets
$1.1M
Grants received
—
EIN
860613381
Tax year
2024
Mission
Direct promotion of tourism through marketing program designed to attract an increasing number of visitors and convention delegates to tempe which will contribute to the overall growth of the community.
Programs
2 programs
Our sports marketing efforts include marketing tempe to new sports rights holders and working with our existing events to ensure they are successful. The goal of marketing in this segment is to generate room nights from both sports participants and their fan base. This is an important market because individual athletes and team sports attendees use multiple hotels over the weekends, travel to tempe during need periods and tend to be recession proof. They also tend to be annual events which helps our hotel partners predict their available room inventory in advance. In fy24/25 we recorded 26 sports bookings, 6,049 room nights booked and 7,902 attendees. Based on our conversion formula for the sports market, we received an estimated economic impact of $18,327,342. Our group marketing efforts include marketing tempe to meeting and event planners and working with our booked programs to ensure they are successful. The goal of marketing in this segment is to generate room nights from corporate, association, social, military, educational, religious and fraternal meetings and events. This is an important market because many of our hotels rely on group business for increased room nights and food and beverage sales. Hotels also find this valuable as they can better plan for the year ahead knowing when large groups will be in-house at their property giving them the ability to focus attention on selling non-booked room nights in advance. In fy 24/25 we recorded 128 group bookings, 22,749 room nights booked and 12,338 attendees. Based on our conversion formula for the group market, we received an estimated economic impact of $27,319,595.
Our digital marketing strategy includes content development, search engine optimization, pay-per-click advertising, social media, boosted ad placements and a direct link through our advertising efforts. The goal of our online marketing strategy is to provide relevant information in an instant to anyone searching for travel to tempe. The information provided is intended to inspire travelers through written content and visual content such as photos and videos. The website is our primary connection to the public and it is critical that we constantly ensure that the site is optimized, contains up-to-date information and provides the end user with information relevant to their needs. In fy 24/25 we received a total of 908,784 visitor sessions to our website: www.tempetourism.com. Note that we experienced a year-over-year decrease mainly due to launching a brand-new website which will cause a drop in direct visits until the site propgates across the web. We also recorded a total of 18,255,930 social media engagments and video views. Based on our website conversion formula, we estimate that through our digital efforts we generated an economic impact of $15,287,272
Financials
FY 2024
Revenue
Expenses
People
21 listed
MUNIRA SMITH
Chairman
—
0DANA TERRAZAS
Director
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0ALEXANDRIA LEXIE VAN HAREN
Secretary
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0ZACHARY POWELL
Director
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0CRAIG HAYTON
Director
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0THOMAS BARR
Director
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0KELLEY BOLENDER
Director
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0TIM GOMEZ
Treasurer
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0THERESA DICKERSON
Director
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0GABE HAGEN
Director
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0TED TREMBATH
Director
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0CHARLENE T VASQUEZ
Director
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0JOHNATHAN YEE
Director
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0JENNIFER ADAMS
Director
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0LORI FOSTER
Director
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0ROBIN ARREDONDO-SAVAGE
Director
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0ANNA MCCLURE
Director
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0AMBER MUSGRAVE
Director
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0SUE RIGLER
Director
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0MICHAEL MARTIN
PRESIDENT & CEO
$220K
40 hrs/wk
MATTHEW CONNELLY
DIRECTOR OF SALES
$118K
40 hrs/wk