woo-hoo!
PS: Congrats on 18k posts! Crazy!
PS: Congrats on 18k posts! Crazy!
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woo-hoo!
PS: Congrats on 18k posts! Crazy!
That is not correct. If a skier bought a ticket on the break down day and then returned and bought another ticket, they would have paid twice. Now, if a skier got a voucher, they would show up to Magic twice but only pay once. Granted, not every skier there would have gone back and paid instead of using a voucher. But you can also count any skier that never returns to Magic as lots revenue as well, that voucher does Magic no good if it never gets used. There is not lost day ticket revenue on the day the lift broke down but any skier returning for another day and not paying for another day ticket is 100% lost revenue.Actually, there's no "loss of revenue" with the passing out of vouchers. Those people already paid for a 1 day lift ticket. Magic already got the "revenue"!
Wasn't it down last season as well?Bolton's Timberline Quad has been down since December 30th. ETA on fix is Jan 12th.
That is not correct. If a skier bought a ticket on the break down day and then returned and bought another ticket, they would have paid twice. Now, if a skier got a voucher, they would show up to Magic twice but only pay once. Granted, not every skier there would have gone back and paid instead of using a voucher. But you can also count any skier that never returns to Magic as lots revenue as well, that voucher does Magic no good if it never gets used. There is not lost day ticket revenue on the day the lift broke down but any skier returning for another day and not paying for another day ticket is 100% lost revenue.
That is not correct. If a skier bought a ticket on the break down day and then returned and bought another ticket, they would have paid twice. Now, if a skier got a voucher, they would show up to Magic twice but only pay once. Granted, not every skier there would have gone back and paid instead of using a voucher. But you can also count any skier that never returns to Magic as lots revenue as well, that voucher does Magic no good if it never gets used. There is not lost day ticket revenue on the day the lift broke down but any skier returning for another day and not paying for another day ticket is 100% lost revenue.
Agree!
Magic had to pay their staff for 2 days for the voucher crowd. And presumably LOST some food and beverage revenue from the day that the voucher was issued (i'm guessing that when the voucher crowd returns - even those "free" vouchers given to season pass holders to give to friends, that the net effect won't be any increase in F&B revenue. At best it's a break even, net revenue neutral situation
If somebody goes the day the lift breaks down, doesn't get a voucher, and decides "screw Magic I'm never coming back here".. and then they go tell their friends what a beat situation and wack operation they're running up there... that's a lot more lost revenue.
Amen. That's Business101. If you F-up, you best make-it-up.
Sounds like in this instance Magic understood that.
If somebody goes the day the lift breaks down, doesn't get a voucher, and decides "screw Magic I'm never coming back here".. and then they go tell their friends what a beat situation and wack operation they're running up there... that's a lot more lost revenue.
At least the current Magic management understood, that is.Amen. That's Business101. If you F-up, you best make-it-up.
Sounds like in this instance Magic understood that.
At least the current Magic management understood, that is.
But clearly many others (perhaps even shareholder) don't. They don't understand the concept of penny wise and dime foolish. Magic is a co-op. Its operation will reflex the value standard of its shareholders...
Can we lock this thread now that Red is running? It has turned into quite a shit-show. Nothing to see here, move along people...
Shit show? I don't think so. There has been a pretty good and serious discussion I think. And we're always of the mindset to let things run their course. In that regard you're right in that this is largely moot now.
Yeah guy "shit show"
If you want to play keep playing ski area management sim start another thread. To much negativity here.