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The Economic Effects Of Ski Resorts On Communities In The State Of Maine, Rachel Freierman
The Economic Effects Of Ski Resorts On Communities In The State Of Maine, Rachel Freierman
Undergraduate Research Symposium (UGRS)
Skiing and snowboarding is a fairly expensive activity for participant and one in which the industry as a whole makes handsome profits. In the 2005/06 season, resorts in the Northeast reported an average gross revenue of $18.5 million. (NSAA) With the current weather phenomenon of El Nino, however, resorts in New England especially, have been suffering economically. The gross revenue in New England in the ’05/’06 season was down 4% from the previous year, likely due to the fact the total snowfall declined by 16%. (NSAA) Much of this loss in revenue came during the Christmas to New Years vacation …