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DRAFT Market Study Lake Nighthorse <br />MARKET SIZE AND CHARACTERISTICS <br />The central purpose of this section is to compile available information about the recreation <br />market, local population, and visitor population to estimate the size of the market for <br />recreational facilities at Lake Nighthorse. To establish a basis for creating consumer spending <br />models in subsequent studies about Lake Nighthorse, this portion of the study also includes <br />some basic demographic and economic profiles of recreation users. <br />RECREATION TRAVEL TOLERANCES <br />The travel distance between recreational facilities and regional recreationists is the primary <br />factor in estimating the geographic extent of the resident market for recreational facilities at <br />Lake Nighthorse. Colorado State Parks partnered with the University of Colorado to undertake <br />a 2007 scientific random - sample surveyz that measured a number of demographic and <br />recreation - related variables. Specifically, this survey provides data that allows for the <br />examination of drive tolerances for a broad range of recreational uses. The results show that <br />82% of recreationists drive 100 miles or less and the remaining 18% drive more than 100 miles <br />for weekend activities 3. The analysis leading to an estimate of user -days at Lake Nighthorse <br />assumes that drive tolerances define the level of use for areas in a region around a given <br />developed recreation facility. <br />Figure 5 - Drive Tolerances for Colorado Recreation Outings <br />40 <br />■ <100 Miles <br />■ 1000 Miles <br />2 Survey of Colorado Recreation Trends, Issues, Needs; University of Colorado; Leads School of Business, 2007 <br />3 This represents the drive tolerance on weekend outings, the highest level of travel tolerance. This is a <br />conservative basis for estimating the number of residents within the 100 -mile LNH market reach that spend user - <br />days at locations beyond the market reach. <br />7 <br />