
Condor Capital Management’s 2017/18 Ski Season Wrap-Up: Divergent Weather Leaves a Mixed Picture as Resorts Continue to be Scooped Up
MARTINSVILLE, N.J., – (ACCESSWIRE) – As the warm summer air drifts across much of the United States, many skiers and snowboarders are beginning to cross their fingers for a rebound from a somewhat disappointing 2017/18 ski season. Despite a relatively strong start and finish for ski resorts overall, with visitation up more than 52% in October and November and an increase of 18% in March, historically dry seasons for states such as Colorado and Utah lagged on the ski industry as a whole, according to Ken Schapiro of Condor Capital Management. Although the overall number of skier visits was on par with the 40-year average, National Ski Areas Association (NSAA) data shows that this past season generated the lowest amount of skier visits in seven seasons, with nationwide skier and snowboarder visits falling to 53.3 million, a 2.8% decrease from the 54.8 million visits during the 2016/17 season.
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