Condor Capital Management

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

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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Condor Capital Management’s 2014/15 Ski Season Outlook

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Condor Capital Management’s 2014/15 Ski Season Outlook: Mountain Resorts Keep Their Skis Crossed for More Snow

MARTINSVILLE, N.J., Nov. 24, 2014 (GLOBE NEWSWIRE) — As the familiar cold air starts to set in, skiers across the country are beginning to feel that recognizable pre-season itch. Last year’s prolonged winter season was defined by a bitterly cold polar vortex freezing most parts of the East Coast and a historically destructive dry spell thwarting a recovery on the Pacific Coast. During this irregular winter, the National Ski Areas Association (NSAA) reported that domestic mountain resorts logged 56.5 million skier and snowboarder visits, slightly down from the prior year’s 56.9 million visits. Overall, considering the uncharacteristically dry weather much of the West Coast experienced, these figures, although down, are a continued positive sign for the industry.

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Condor Capital Management’s 2013/14 Ski Season Wrap-up

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Condor Capital Management’s 2013/14 Ski Season Wrap-up: Ample Snow for Most, But Drought in California Hinders Overall Visits

MARTINSVILLE, N.J., June 9, 2014 (GLOBE NEWSWIRE) — After a solid season in the prior year, many ski enthusiasts entered this year with high hopes for another good year. For much of the country, this came true thanks to cold temperatures, due to the now-infamous “polar vortex”, and strong snowfall totals across much of the country. According to Ken Schapiro of Condor Capital Management, while these conditions proved costly for the national economy — gross domestic product (GDP) contracted in the first quarter of 2014 — they greatly benefited ski resorts throughout the U.S. Despite ample snowfall across most parts of the country, a historic dearth of precipitation in California and the broader Pacific region hindered overall skier visits. With that being said, according to data released by the National Ski Areas Association (NSAA), skier days fell 1.3% year-over-year to 56.2 million during the 2013/14 season. This figure missed our expectations as conditions in the Pacific region continued to deteriorate into seasons’ end.

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Condor Capital Management’s 2013/14 Ski Season Industry Update

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Condor Capital Management’s 2013/14 Mid-Season Ski Industry Update: Spotty Weather Creates ‘Haves’ and ‘Have-nots’

MARTINSVILLE, N.J., Feb. 4, 2014 /PRNewswire/ — Thus far, the 2013/14 ski/snowboard season has seen widely divergent performance across regions. Some areas have enjoyed robust snowfall and cold temperatures, while others are suffering from a historic dearth of precipitation. Against this backdrop, we reduce our forecast for total skier visits and now see low-to-mid single digit percentage gains over last year, or 58 to 60 million visits.

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Condor Capital Management’s 2013/14 Ski Season Outlook

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2013/14 Ski Season Outlook: Positive Fundamentals Should Support a Solid Year

MARTINSVILLE, N.J., Dec. 16, 2013 /PRNewswire/ — A continued economic recovery in the U.S. and Europe, combined with strong equity markets and enthusiasm related to the Olympics, should lift skier visits by mid-to-high single digits. Although it will be highly weather dependent, as always, this season may not reach the 2010/11 peak of 60.5 million visits due to a drag from a late start to the winter in the Northeast and a later-than-normal Easter.

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