- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone familiar with Intrawest Corp (SYM: SNOW)
Posted on 4/1/14 at 10:28 pm to Cmlsu5618
Posted on 4/1/14 at 10:28 pm to Cmlsu5618
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 on 4/2/14 at 11:00 am to tokenBoiler
quote:
tokenBoiler
So you beleive there is little growth opportunity for these mountain resorts?
Popular
Back to top
Follow TigerDroppings for LSU Football News