Ski & Snowboard Resorts in the US
The Ski and Snowboard Resorts industry experienced moderate growth over the five years to 2018, despite volatile precipitation rates. Families and individuals have been less aversive to increasing their winter vacation budgets due to consistent rises in per capita disposable income. Poor snow conditions brought on by a 15-year low in rainfall over the year resulted in tepid growth over the early half of the five-year period. However, revenue surged in 2013 as a result of an increase in the annual precipitation rate over the year. As a result, IBISWorld expects industry revenue to increase over the five years to 2018. The industry is highly vulnerable not only to spending patterns, but also to climate change. This raises some concern about the future of ski resorts.
The Ski and Snowboard Resorts industry in Wisconsin is composed of 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, but companies that own and 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.