Condor Capital Management

Explore: Condor Capital Management’s 2016/17 Ski Season Wrap-Up

Condor Capital Management’s 2016/17 Ski Season Wrap-Up

Market Watch

Condor Capital Management’s 2016/17 Ski Season Wrap-Up: Ski Resorts Gear Up for a Multi-Pass Showdown

MARTINSVILLE, N.J., – (PR NEWSWIRE) – Although there are still some slopes to be conquered, many skiers and snowboarders can agree that the 2016/17 season turned out to be quite a success. According to Ken Schapiro of Condor Capital Management, resorts across the United States were able to benefit from a flurry of winter storms that arrived just in time for the holidays, translating to 30% and 4% increases of total skier visits from last season for the months of December and March, respectively. Overall, average resort snowfall increased 36% from last season. Accordingly, recent figures by the National Ski Areas Association (NSAA) showed that nationwide skier and snowboarder visits rose to 54.7 million, a 1.5% increase from 53.9 million during the 2015/16 season.

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Condor Capital Management’s 2016/2017 Mid-Season Ski Industry Update

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Condor Capital Management’s 2016/2017 Mid-Season Ski Industry Update: A Strong Rebound in Weather Leaves Many Resorts Thankful

MARTINSVILLE, N.J. – (ACCESSWIRE) – March 13, 2017 – So far, most skiers and snowboarders can agree that the 2016/17 season has shaped up to be much better than last. Despite an unseasonably warm start to the season, many regions such as the Pacific Northwest have since experienced significant snow accumulation, bringing forth a solid number of visitors to the country’s major resorts. However, much like last season, the weather story has not been consistent across both coasts, which has many skiers on the East Coast wishing for next season already. Even so, healthy performance across the majority of resorts in the United States points to a strong finish for the ski industry, according to Ken Schapiro of Condor Capital Management.

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Condor Capital Management’s 2016/17 Ski Season Outlook

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Condor Capital Management’s 2016/17 Ski Season Outlook: Early Snowfall On Both Coasts & an Improving Economy, a Positive Omen for Visits?

MARTINSVILLE, NJ / ACCESSWIRE / December 19, 2016 / With high hopes for a snowy winter season from skiers across our country, many signs are indeed pointing to a solid upcoming 2016/17 ski season. A quick look back at the 2015/16 season shows that skier and snowboarder visits increased slightly to 53.9 million, up from 53.6 million the year before, according to the National Ski Areas Association (NSAA). While this appears to be only a small increase at the margin, the devil is in the details. Continue reading “Condor Capital Management’s 2016/17 Ski Season Outlook”

Condor Capital Management’s 2015/16 Ski Season Wrap-Up

Condor Capital Management’s 2015/16 Ski Season Wrap-Up: Strong Season in the West Counters Above-Average Temperatures in the East

MARTINSVILLE, N.J., June 13, 2016 (GLOBE NEWSWIRE) — With the memory of a difficult 2014/15 ski season still fresh in the minds of many snow sports enthusiasts, the hope was that this season would deliver sufficient powder to spur a return to the slopes. On the whole, the 2015/16 ski season was favorable in many parts of the country, including drought-stricken regions like the Pacific Northwest and Pacific Southwest, according to Ken Schapiro of Condor Capital Management. Continue reading “Condor Capital Management’s 2015/16 Ski Season Wrap-Up”

Ski Industry Trends: Lofty Prices at the Slopes, yet Deals to Be Found

Snow sports, such as skiing and snowboarding, have always been fairly expensive activities. Lately, however, daily lift tickets have risen to over $100 during peak season, making it harder for middle-class individuals to afford a sporadic trip to the slopes, according to Ken Schapiro of Condor Capital Management. Continue reading “Ski Industry Trends: Lofty Prices at the Slopes, yet Deals to Be Found”

Condor Capital Management’s 2015/2016 Mid-Season Ski Industry Update

Condor Capital Management’s 2015/2016 Mid-Season Ski Industry Outlook: Frigid Weather in the Western Half of the U.S. Counters Weakness at Eastern Resorts

MARTINSVILLE, N.J., Feb. 22, 2016 (GLOBE NEWSWIRE) — Looking back at the first half of winter, varied weather across the United States has once again been the main determinant of the number of visitors at the nation’s major resorts. As increased snowfall in the Pacific and Pacific Northwest drew skiers to the slopes, Continue reading “Condor Capital Management’s 2015/2016 Mid-Season Ski Industry Update”

Condor Capital Management’s 2015/16 Ski Season Outlook

Condor Capital Management’s 2015/16 Ski Season Outlook: A Breath of Fresh Air as Resorts Open Ahead of Schedule

MARTINSVILLE, N.J., Nov. 24, 2015 (GLOBE NEWSWIRE) — With the winter season slowly approaching, many skiers are preparing to hit the slopes in full force. A look back at the 2014/15 season reveals that skier visits dropped by 5%, from about 55.7 million to 53.6 million, according to the National Ski Areas Association (NSAA). On a region by region basis, skier visits slipped slightly in the Northeast and Rocky Mountain regions, while plummeting in the Pacific Southwest, Midwest, and the Pacific Northwest due to weather conditions. On a brighter note, Vail Resorts, a major owner and operator of resorts in Colorado, Utah, and California, as well as Whistler Blackcomb, the largest ski resort in North America, saw revenue per total visit increase despite lower skier visits due to intense marketing initiatives. With winter weather around the corner and Mother Nature already beginning to comply, Ken Schapiro of Condor Capital Management sees some of last year’s trends reversing and is optimistic for a strong season ahead.

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Condor Capital Management’s 2014/15 Ski Season Wrap-Up

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Condor Capital Management’s 2014/15 Ski Season Wrap-Up: Disappointing Weather Triggers a Nationwide Plunge in Skier Visits

MARTINSVILLE, N.J., June 08, 2015 (GLOBE NEWSWIRE) — Despite favorable economic figures and low gas prices lining the pockets of most consumers, Mother Nature proved to be an insurmountable foe during a dismal 2014/15 ski season according to Ken Schapiro of Condor Capital Management. Snowfall totals plummeted across the country, ending the season 28% below the nation’s historical average. Correspondingly, skier visits were also weak, particularly on the Pacific Coast, where a drought continued to plague southern California and unseasonably warm temperatures turned any possible snow to rain further up the coastline. Accordingly, recent figures released by The National Ski Areas Association (NSAA) indicate that skier days also suffered, finishing the season below our estimates at 53.6 million, a 5% drop relative to last season.

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Condor Capital Management’s 2014/15 Mid-Season Ski Industry Update

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Condor Capital Wealth Management’s 2014/15 Mid-Season Ski Industry Update: Mother Nature Turns a Cold, Dry Shoulder to the West as She Pummels the East

MARTINSVILLE, N.J., Feb. 24, 2015 (GLOBE NEWSWIRE) — As we near the halfway point of the season, weather across the country is causing most skiers and snowboarders to feel a sense of déjà vu according to Ken Schapiro of Condor Capital Wealth Management. The 2014/15 season kicked off with a few early season storms that brought hope across the Pacific Northwest, but that hope was soon washed away by the warm and dry reality that western skiers have become all too familiar with. Results have varied across the country, and while some resorts are reporting solid figures, others remain dormant.

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