TwinTips21
New member
A lot of resorts after this weekend and after the storm on Monday will be building back up from essentially nothing. Do these resorts have enough money left in them to start up new bases and continue heavy snowmaking?
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They really have no choice. It is either spend and hope or not spend and lose all that money.
According to the Burlington Free Press, some resorts such as Killington did not do too badly during the holidays and have not lost much money because they could not make snow in October and November.
A lot of resorts after this weekend and after the storm on Monday will be building back up from essentially nothing. Do these resorts have enough money left in them to start up new bases and continue heavy snowmaking?
They will until the February vacation period after that the season is pretty much over if no natural snow fall..
The ski areas in the North East lost Christmas week and will lose MLK weekend.
They will until the February vacation period after that the season is pretty much over if no natural snow fall..
I'm no expert on the ski industy nor am I an accountant, but I am a businessman and while the snowmaking costs may be way under budget, I would guess that the sales dollars are even more under budget for this year.
The ski areas in the North East lost Christmas week and will lose MLK weekend.
Just a hunch, but I bet they would have preferred to blow the snowmaking budget as opposed to the sales budget. They will be hurting.
I wouldn't expect to see many new lifts, trails, or capital investments for next year.
If this season continues to be a washout will ski resorts try to "earn" back season pass holders for next year with discounts, freebees, etc? The reason I said no was because the aweful skiing is not the resort's fault....certainly they cannot control Mother Nature.