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Economic Impact Study of the Equestrian Community

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Presentation on theme: "Economic Impact Study of the Equestrian Community"— Presentation transcript:

1 Economic Impact Study of the Equestrian Community
of San Juan Capistrano Presented by: Raymond Sfeir, Ph.D. Associate Dean Professor of Economics and Management Science Argyros School of Business and Economics Chapman University June 21, 2016

2 Boarder Survey SJC resident or non-resident Number of horses boarded
Reason for boarding in SJC Horse related expenditures: stall fees, supplies, equipment, grooming, trainer, insurance Other expenditures: meals, groceries, shopping

3 Residency of Boarders

4 Distribution of Boarders by City
San Juan Capistrano 27.5% San Clemente 15.9% Dana Point 10.6% Other cities 10.3% Mission Viejo 6.6% Laguna Niguel 6.3% Newport Beach 6.0% Laguna Beach 5.6% Laguna Hills 4.0% Aliso Viejo 2.6% Lake Forest 2.3% Ladera Ranch

5 Reason for Boarding in SJC
Trails 29.8% Quality/Availability of facilities 25.5% I live here/Proximity to home 24.8% Trainer/Training 15.9% Horse friendly/Equestrian community 13.2% Location 10.6% Convenience 9.6% Love SJC, beautiful 7.6% Access to show grounds/events, Blenheim 5.3% Atmosphere, people, open space 3.6%

6 Horse Related Expenditures
Board per horse per month $742 Additional supplies per horse per month $257 Horse related equipment per horse per month $141 Horse care per year $3,331 Trainer and grooming per month $497

7 Direct Impact of Boarders
Board & Leasing Supplies & Equipment Meals, Groceries & Shopping Trainer & Grooming Total Expenses $13,610,817 $6,923,747 $10,937,903 $6,088,101 $37,560,568

8 Direct Impact of Boarders
Millions of $ Board & Leasing Supplies & Equipment Meals, Groceries & Shopping Trainer & Grooming Total Expenses

9 Total Impact of Boarders per year
Direct Impact $37,560,568 SJC Residents $10,083,237 Indirect Impact $775,626 Non-residents $28,252,956 Total Impact $38,336,193

10 Horse Show Competitors Survey
SJC resident or non-resident Number of competing horses and number of shows attended Reason for competing in SJC Expenditures while on the show grounds support San Juan businesses Expenditures in SJC: meals, groceries, gifts, accommodations

11 Residency of Horse Show Competitors

12 Distribution of Horse Show Competitors
Percent San Juan Capistrano OC other than SJC CA other than OC Other States Canada

13 Reason for Competing in SJC
World class show grounds at RMVRP at SJC 51.2% Quality and variety of shows 18.2% Location, convenience, easy access High quality competition, to get points 16.3% Close to home/stables 15.3% Love area, city, and locals 7.9% Beautiful, weather Good management 3.4% Pleasure, fun sport

14 Blenheim Events Blenheim Spring Classic I, II and III
Blenheim June Classic I, II, and III Blenheim Red, White & Blue Classic Blenheim Summer Classic Blenheim Fall Tournament Blenheim International Jumping Festival

15 Economic Impact of Blenheim Horse Show Competitors
All Horse Needs Meals, Accommodations & Groceries All Other Expenditures Total Direct Impact $6,868,684 $1,662,321 $1,816,426 $10,347,431 Indirect Impact $213,674 Total Impact $10,561,106

16 Sycamore Trails Stables Events
California Dressage Assoc- SJC Chapter shows Interscholastic Equestrian League competitions Orange County Horse Show Association shows Pacific Indoor Eventing

17 Economic Impact of Sycamore Trails Stables Horse Show Competitors
All Horse Needs Meals, Accommodations & Groceries All Other Expenditures Total Direct Impact Dressage $81,189 $30,295 $39,815 $151,300 IEL $323,458 $76,085 $76,372 $475,915 OCHSA $263,321 $61,956 $46,969 $372,246 PIE $131,398 $30,048 $22,779 $184,225 $799,365 $198,385 $185,936 $1,183,686 Indirect Impact $24,443 Total Impact $1,208,129

18 Direct Impact of Horse Show Competitors
All Horse Needs Meals, Accommodations & Groceries All Other Expenditures Total Blenheim $6,868,684 $1,662,321 $1,816,426 $10,347,431 Sycamore $799,365 $198,385 $185,936 $1,183,686 $7,668,049 $1,860,706 $2,002,362 $11,531,117

19 Direct Impact of Horse Show Competitors
Millions of $ All Horse Needs Meals, Accommodations & Groceries All Other Expenditures Total

20 Horse Show Competitors
Total Economic Impact Boarders Horse Show Competitors Total Direct Impact $37,560,568 $11,531,117 $49,091,685 Indirect Impact $775,626 $238,118 $1,013,743 Total Impact $38,336,193 $11,769,235 $50,105,428

21 Horse Show Competitors
Total Economic Impact Millions of $ Boarders Horse Show Competitors Total

22 Giving Back Otra Mas Rescues and retrains horses to be therapy horses
Offers specialized programs for groups, families and individuals: recovering from addictions special needs military families

23 Giving Back J.F. Shea Therapeutic Riding Center
In served 860 people, 300 were in military programs 10,049 hours of client services Addressed 63 different diagnoses 750+ annual volunteers 22 therapy horses in our program The Shea Center is accredited at the premier level by PATH Intl, the therapeutic riding sanctioning organization

24 Economic Impact Study of the Equestrian Community
of San Juan Capistrano Sponsored by an educational grant From the SJCEC


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