Industry Analysis & Industry Trends
Let it snow
Demand for the Ski and Snowboard Resorts industry remained slow in 2011, so companies will continue to engage in fierce price competition in order to bring in visitors, which will lower profit margins for ski resorts. But in the following years, resorts will increasingly package their services in ways that are unique and where premium prices can be charged. In addition, as ski equipment becomes cheaper and more advanced, more consumers will opt to take up the sport... purchase to read more
Industry Report - Industry Key Buyers Chapter
In 2012, the four largest firms are expected to account for 53.7% industry revenue, which indicates a medium level of market share concentration. According to the US Census Bureau, a substantial number of smaller players remain in this industry: about 35.4% of industry operators employ fewer than 20 people.
Industry concentration has risen due to consolidation and mergers among ski resorts. Since 1985, ski resorts have undergone consolidation and attrition, resulting in a significant decline in the total number of ski areas in the United States. According to the National Ski Areas Association, the United States had 735 ski resorts across the country in 1983, compared to an estimated 482 in 2012... purchase to read more