VillageFest takes place in downtown Palm Springs on Palm Canyon Drive every Thursday night. The street is closed to vehicular traffic and is transformed into a festive, pedestrian street fair. The perimeter of the event consists of Indian Canyon Drive to the east and Belardo Road to the west. Vendor booths are set up on both sides of the street, and visitors are able to stroll through the traffic-free event.

VillageFest oversight is provided by the Palm Springs VillageFest Board and managed by the VillageFest Staff. The VillageFest Board is comprised of residents who possess retail or tourism expertise. Members are appointed by the Palm Springs City Council and serve, uncompensated, for a three year term.