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!
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.