Ski & Snowboard Resorts in Canada
Operators in the Ski and Snowboard Resorts industry in Canada are expected to benefit from rising disposable income and an increase in inbound international travel over the five years to 2019. 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. Though international travel has been mildly volatile during the five-year period, inbound international travel is expected to increase. The effects of global warming are expected to wreak havoc on certain industry establishments, creating anomalies in snowfall and potentially hurting revenue as a result. To combat these factors, operators are expected to diversify their product offerings and maximize revenue generated from regional and local consumers.
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.
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