Product and Service
Companies included in ski resort sector in membership club and participant sport centers industry primarily own and operate ski resorts earning revenue from lift tickets, food& beverage, lodging, and rentals.
Demand for Product and Service
As indicated by the typical company data, the demand for ski resort has been increasing gradually in the past several years. The increased demand has been driven by positive changes in macro-economy and demographic/housing factors.
Sector’s Current, Trend, Causes behind trend, and Future
Current and Trend
It seems that the demand for ski resort in US market has been stabilized and picking up since 2016. However, there are still no solid proofs of organic growth in visits.
Companies in this sector have inclined to raise price of service as demand turned to be stronger.
Accompanied with increased revenue per visit, increased operating expenses (including labor costs) seem to be delaying improvement of companies’ profitability.
Causes behind the trend
The upward trend in this industry may be consistent with what is happening in other entertainment and leisure industries, which should have been driven by improvement in economy situation and thus spending in leisure activities.
Favorable weather condition in the past several years may contribute the revenue growth of companies in this sector.
As upward trend in this industry continues, companies may be able to continue to see growth in their revenue as macro economy recovers gradually.