Resort Expansion

[Benny Profane]

chris Diamond thinks you are blowing smoke, says their is a renaissance in the industry, Magic Mtn just had a record for season passes, ditto for mad river Glenn, yup the industry is dying sell all your equipment now, I will give you 5 cents on the dollar for it.

Talk about a low bar in Magic. Mad River isn't exactly Vail, either, and, if Sugarbush wasn't down the road sort of inderectly supporting it by attracting a larger crowd, than those numbers would be a lot lower.

 

[Benny Profane]

I think we're doomed.

Well, yeah, sadly, we all are. Get it while you can.

 

[Benny Profane]

skiing is booming due to the super passes and Indy pass, resorts will have to expand and new resorts started to met all the new demand, don’t believe me, read Chris diamonds books about the growth in snowboarding

Fify, although that's been flat for a while, too.

 

[Brownski]

Ah, I stand corrected. I was close.
But I dont think it will kill lift-served skiing entirely- just the mega resorts. As the detachables and gondolas wear out, they’ll be replaced by a smaller number of fixed grip quads while the big hotels get bulldozed. Run down ski houses will be cheap as hell

 

[Tjf1967]

FIFY, although, this coincides with the Boomer die off at the same time.

Kids, learn to earn your turns, because there's going to be a ton of unused ski hills by 2030 just sitting there waiting to be skinned up. And that's going to be a limited window, before they all grow over. Enjoy, they'll be a present from the Boomers, who paid for it all.

You mean financed it with money you didn't have. Yeah thats more like it.

 

[Benny Profane]

I had and have plenty of money, son. Good luck with yours.

 

[Epicone]

Fify, although that's been flat for a while, too.

Last year was 59 million skier visits, 51 million skier visits with a quarter of the season cut off this year, yup skiing is dying

 

[TheGreatAbyss]

I've gone on this rant a few times on this forum - IMHO the biggest reason that millennials haven't been skiing in the numbers you Boomers do is because they live(d) in cities. Trying to be an avid skier when you live in a tiny 1 bedroom apartment in NYC without a car is an expensive, logistical, space and time consuming nightmare (I know because I did it).

However if you've been following the real estate news since Covid - 19 hit, my fellow millennials are finally starting to trade in the NYC nightlife for two kids and a house with a garage - nytimes. Having space for storage, a car right in your own driveway, and not having to fight your way through canal street should make the prospect of a long weekend in Vermont quite attractive I think. I wouldn't be surprised if skier visits started improving in the northeast post covid-19 if we get some halfway decent winters. (At least Until climate change makes winters too warm for snow ?)

 

[Harvey]

nytimes

Wow. I mean I knew it was going on, but wow.

 

[rebel1916]

Nationwide moratoriums aren't really a thing that happens in a free society. A statewide moratorium that wasn't limited in time and scope would also be virtually impossible. As it should be.