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.
http://marquimail.marqui.com/marqui/View.aspx?id=165857&q=169447665&qz=591f5a

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.

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