Tuesday, May 14, 2019

skiing costs.


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https://www.cnbc.com/2019/03/20/climate-change-is-taking-a-toll-on-the-20-billion-ski-industry.html

I have concluded from my reasearch that climate change plays a big part on the economics of skiing.  the better the climate the longer the season you can have.  Since we have been experiencing global climate change is has efeced many of the ski resorts.  they have adapted to the climate change by using technology such as snow machines to help extend the dates on their winter season.  Some resorts rely on snow making to keep their buisness running.  The cost to operate a ski hill is very expensive with lift tickets costing 190 per day in vail, colorado

Snow sport seasons are getting shorter, due to warmer temperatures. That is already having a distinguishable financial impact on residential and resort properties that profit from snow.
Vail Resorts, the largest player in the U.S. ski field, reported better-than-expected quarterly earnings in its latest report but had to lower its full-year guidance because of a weak start to the season. The company’s CEO, Robert Katz, attributed that “to guest concerns after two prior years of poor pre-holiday conditions.” 

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