Categories
Business

Pros And Cons Of Starting A Ski Resort

Pros:

– Skiers and snowboarders will have access to high-quality facilities and services.

– The resort be an attractive draw for tourists that may help stimulate the local economy.

– Ski resorts can provide year-round employment opportunities for those in the area.

– Ski resorts can become anchors of recreational and entertainment offerings for an entire region.

Cons:

– Building a ski resort is very capital intensive, requiring large amounts of money to build facilities, purchase equipment, and hire staff.

– Skiing requires a climate that has cold temperatures and a significant amount of snowfall, meaning that some areas may not be suitable for a ski resort.

– Natural hazards such as avalanches, rock slides, and extreme weather can pose additional risks and costs associated with running a ski resort.

– Ski resorts often require large amounts of land and access to public roads and utilities, making it difficult to find suitable locations.

– Ski resorts are heavily regulated and require a tremendous amount of paperwork to operate. This can add significant administrative costs to the business.