Wednesday, December 9, 2009

Real world economics

New Lift Construction Drops in the U.S.

The National Ski Areas Association said that investment in new ski lifts fell nationwide to just $16 million in 2009 from $94 million last year and $102 million in 2007.

In other words, people who own ski areas neither expect business to improve nor think there's enough business out there to tempt with more amenities.

No comments: