The purpose of this article is to analyse whether ski resorts in Europe are economically viable. Data originates from the financial statements of the 61 largest ski lift operators in Austria, France, and Italy. Descriptive statistics reveal that these operators are characterized by positive and relatively high returns, and by having little debt in general terms. The results show that the most economically profitable ski operators are also the largest. The elevation of the ski area is not relevant. Ski lift operators in Austria have a higher profitability than those in France and Italy. Overall, larger ski resorts are better prepared for the future investment needed to adapt to the new conditions in the industry, such as climate variability.
机构:
Univ Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, SpainUniv Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, Spain
March, Hug
Sauri, David
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Univ Autonoma Barcelona, Dept Geog, Bellaterra 08193, SpainUniv Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, Spain
Sauri, David
Carles Llurdes, Joan
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h-index: 0
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Univ Autonoma Barcelona, Dept Geog, Bellaterra 08193, SpainUniv Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, Spain
机构:
Univ Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, SpainUniv Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, Spain
March, Hug
Sauri, David
论文数: 0引用数: 0
h-index: 0
机构:
Univ Autonoma Barcelona, Dept Geog, Bellaterra 08193, SpainUniv Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, Spain
Sauri, David
Carles Llurdes, Joan
论文数: 0引用数: 0
h-index: 0
机构:
Univ Autonoma Barcelona, Dept Geog, Bellaterra 08193, SpainUniv Oberta Catalunya, Internet Interdisciplinary Inst IN3, Barcelona 08018, Spain