I'm not sure about other places, but in nyc, they lease the a lot of the public courses out to a private company that manages the courses. From what I understand, they are extremely successful.
But golf is the everyman's sport.
Skiing is not.
Golf has a far bigger pool of participants to draw from to gather their revenue and profit.
Is the state hoping that by making the investment in Belleayre that the skier participation % will grow?
I would not make that investment.