The 2009-2010 Winter Season Wrap
As this winter season winds down, it’s time for a quick summary of how it’s gone. For those of us in Utah, it was a slow year in terms of natural snowfall but surprisingly, not so bad in terms of business levels. From anecdotal evidence around town here in Park City, it seems like most businesses have done as well, if not a bit better, than last season – a recent Chamber of Commerce lodging tally is showing a year to year increase over last year of 4.5%. In other parts of the Rockies, it seems like the picture is similar, as shown by Vail Resorts’ 2nd quarter earnings report which shows revenues from their mountain operations off slightly at about 1% down year to date. It also appears that drive-to ski markets have fared better than most destination resorts and that many resorts in the East and mid-Atlantic region did quite well due to the substantial snowfall they received over the season as well as perhaps to the fact that some chose to ski and ride closer to home this year.
Any other thoughts as to how the 2009-2010 winter season has gone? Please let me know by leaving a comment below!
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