Vail Resorts Imperialism... is the joke on us?
So MTN buys up Peak resorts at 2x market price. If climate change is real, the Great Lakes and Northeast resorts they will own will be the first to not hold snow.
Is MTN’s secret hedge that they will be a REIT whose land assets will match or exceed their ski resort value? Don’t many of their properties exist on national land?
If people will need to move to higher elevation in future years for cooler temps, do they see their pistes becoming housing developments?
Or do they believe some technology will allow for real snow to be on slopes year round? (I.e. solar-powered coolers akin to ice rinks, an isotope of H or O that raises melting point of water, artificial snow, etc).
I can understand why some people tour in National Forests on principle.
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