Originally Posted by
sruffian
^^ doesn't common sense suggest that operating ski resorts is significantly less profitable than real estate development? I mean vail and ksl have clearly prioritized that aspect. Which to me suggests it's less profitable than most ways of investing as there are always opportunities for real estate development.
Actually, for ski resorts, there are not always opportunities for real estate development. Land near ski resorts is quite often very limited. Real estate used to be the model, but I believe that most resorts have turned toward a more sustainable model, ie a revenue stream that exceeds expenses on a regular basis (tickets, lessons, F&B).
Originally Posted by
muted
If the industry wants growth, they should not make a profit on super-young kids taking lessons. Make it reasonable, it shouldn't be over 200 bucks for a day of skiing. Subsidize that shit and I will be spending more money in other ways at your resort, and It will pay off in the long run when you create life-long skiers. Also, a variety (or even just one choice) of group lessons would be nice, I can't understand why every big Utah resort doesn't have options for my four year old. Some do, most don't. Not doing a private lesson for $200+ for her instead.
Well, they all do this, it's just a question of whether they discount enough to make it work. For ex, my kid did a 3 lesson program this year, the cost was a very reasonable $330 total. Her tickets were free until recently. I think they probably figure that if you're willing to pay to put your own ass on the hill, you'll pay something for your kid too. Sure, it could be cheaper, and if you're not a local of a sort you don't have access to all the deals, but it's a question of degree, not whether they try to get the young skiers.
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