Universitat de Lleida
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.
This work was supported by the Spanish Ministry of Economy, Industry and Competitiveness [Grant id.: TURCOLAB ECO2017-88984-R].
English
Tourism; Snow; Economic sustainability; Skiing
MDPI
info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2013-2016/ECO2017-88984-R/ES/ANALISIS TURISTICO DE LAS PLATAFORMAS DE ALOJAMIENTO COLABORATIVO EN DESTINOS ESPAÑOLES A TRAVES DE CONTENIDO GENERADO POR LOS USUARIOS Y OTRAS FUENTES EN LINEA/
Reproducció del document publicat a https://doi.org/10.3390/su10093012
Sustainability, 2018, vol. 10, núm. 9, 3012
cc-by (c) Jordi Moreno Gené et al., 2018
http://creativecommons.org/licenses/by/4.0/
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