Ski & Snowboard Resorts in Canada
Rising disposable income and an increase in inbound international travel has benefited operators in the Ski and Snowboard Resorts industry over the five years to 2017. While regional and local guests comprise a substantial portion of industry revenue, operators rely heavily on international travellers to bolster profit margins, as they typically stay for longer periods of time and take advantage of a resort's full spectrum of amenities throughout their stay. Over the five years to 2022, industry revenue is expected to grow slightly. However, still-uncertain economic conditions brought about by volatile oil prices and high consumer debt, coupled with heightened competition in the global tourism industry, is expected to limit overall industry growth.
This industry comprises establishments engaged in operating downhill, cross-country or similar skiing areas, or operating equipment, such as ski lifts and tows. These establishments often provide food and beverage services, equipment rental services and ski instruction services. Four-season resorts without accommodations are also included in this industry, though companies that own but do not operate ski resorts are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.