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re: Anyone familiar with Intrawest Corp (SYM: SNOW)

Posted on 4/1/14 at 10:28 pm to
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
4430 posts
Posted on 4/1/14 at 10:28 pm to
quote:

SNOW is a little more diversified across North America, so regional weather should be less of a concern


As I understand it Vail Corp. is getting into heavily into this -- buying up small places all over. That's not just for diversification; they can sell discounted season passes in the East, also good for their big Western destination resorts, and generate more predictable income streams, while getting skiers tied into their own brand. I assume Intrawest is doing something similar.

I love to ski. I hope to move to ski country when I retire. But I wouldn't touch a ski-related stock with a 10 foot pole. There's just too much dependence on things out of the resort operator's control, and no matter how much they try to diversify with real estate and summer attractions, I don't think there are enough skiers in the USA to reliably sustain growth the way bidness-people demand. It's an industry for people who love doing it, not (in the long run) for people who love to make money, IMHO.

This post was edited on 4/1/14 at 10:33 pm
Posted by Cmlsu5618
Destin, FL
Member since Sep 2010
3763 posts
Posted on 4/2/14 at 11:00 am to
quote:

tokenBoiler


So you beleive there is little growth opportunity for these mountain resorts?
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