A brief history of federal lift ticket regulation
zakpodmore.substack.com
zakpodmore.substack.com
I was a long time epic/ikon pass holder - I didn't buy one last year, and I bought a smaller resort's season pass directly this year. Let it snow!
That's a bit of a weird argument? It's a bit like saying that while you are inside a Walmart, they have a monopoly on selling you stuff. Yes, that's true. But surely the relevant competition for ski resorts happens before you book your vacation?
Owning a ski resort is no different than owning any other desirable property: real estate has a local monopoly. You recover that via property taxes (or land value taxes).
The actual thing that skiiers in NA do now is fly to Europe or Japan, where Vail has not yet ruined skiing.
Thanks for bringing up international competition, too.
Btw, just because it's cold in one part of the world, doesn't mean it's cold in another part.
There are plenty of other exclusive hobbies that can more than soak up the demand. Bird hunting is basically a straight drop in replacement (expensive travel, expensive equipment, outdoors, etc).
None of the hunters I know hunt because they want to spend a lot of money, they spend a lot of money because they want to hunt (birds or otherwise.) (Crouching in a tree or a swamp for hours on end might not sound like much fun but they quite enjoy it.) Nothing but hunting will do.
Hobbies are almost never drop in replacements for each other.
Kind of like how the cruising industry has exploded over the past couple decades as the "traditional" US vacation spots have become unaffordable to the masses. It's not a straight drop in, but it's close enough. The same people who used to go to the Poconos, Tahoe or Cape Cod or still do, but they're not being replaced because people see the cost vs the fun you get and say fuggit. The old places continue on but they cater to a small exclusive clientele because the other potential customers are doing something else, probably at the same price point but a better value.
>(Hauling yourself up a freezing cold mountain might not sound like much fun but they quite enjoy it.)
The vodka makes you warm on the inside. (joking but also not)
In any case, local monopolies that come from land are a common theme, not just for ski resorts. It's literally what land ownership is--or even just a 99 year leasehold, even with no freehold 'owning'.
The usual solution is property taxes (or land value taxes) to have the taxman soak up the benefits of any monopoly.
Ski resorts also compete with other non-ski holiday destinations.
I also don't see how the product is superior to what was offered prior
Expensive options with lots of extras that not everybody wants—and some may actively dislike—replace broadly affordable options with fewer bells and whistles. Everyone is catering to the whales and, thanks in part to our robust lending industries, trying to convince the minnows that they can be a whale too.
That's exactly my point. If you take a 3 day family ski vacation once a year, you are the demographic whose money keeps the whole industry afloat, and allows the $600 season passes to exist.
>I also don't see how the product is superior to what was offered prior
Lifts today are a completely different thing from the 70s. You were talking single speed doubles and T-poles back then for basically everything, and there was nowhere near as much terrain developed. Getting six digit vertical days was completely unheard of. Now you take a high-speed detachable quad from base to the top, and have vastly more terrain available. Practically every major ski area has expanded massively since then.
Skiing more than 3 days a year. Pass prices are trivial at that point. The entire business model of the resorts is based around the family that goes once a year for 3-5 days, so if you're in that group it kind of just is what it is; an expensive luxury vacation.
Snoqualmie (the shittiest snow in western WA) offers 4 day passes for $229 (https://www.summitatsnoqualmie.com/tickets/flex-ticket-packs...) or season pass for $759 (https://shop.summitatsnoqualmie.com/l/all-passes/downhill-pa...). Both options exclude Alpental
Mount Baker (the only ski-able place last winter. I skied there 5 times) season pass for returning pass holders is $1,200 (https://www.mtbaker.us/tickets-and-passes/season-passes/any-...) for new skiers is $1,300 (https://www.mtbaker.us/tickets-and-passes/season-passes/any-...). Day passes though are $100.
Still looking not to pay retail prices, but if the only way to save on the daily ski cost is to get a season pass and ski 13 days in a season I will pass- there are not that many good skiing days in a season in Western WA any longer because of climate change.
I say this with the utmost respect, and not trying to put you down here, but serious skiers are literally just getting warmed up for the season at 13 days, even if the snow is crap.
Skiing has always has been the prototypal "rich person" vacation because it is and always has been prohibitively expensive to casual folks for whom it competes with other vacation options. But the developments in the industry over the last 30 years from capital improvements funded by them have been an absolute godsend to locals who live the lifestyle.
At least in western WA from 2000 till 2010 I could ski for a day for less than the price of gas to get there. I skied like that at Baker and Stevens. Day passes at Whistler in 2004-ish were about $70CAD - very reasonable even for Canadian customers.
Not anymore. Skiing (like a lot of other things) started going back to being a rich people hobby in the past 10 years or so.
If anything, ticket prices during peak times are too _low_. There's just too much demand.