What You Ought to Know About Destination Mountain Travel...Dec. 8, 2014
Ski Industry
Industry leaders: Skiing cheaper than you think

In 2010, the price of walk-up, single-day lift ticket at Vail and Beaver Creek ski resorts topped $100. Aspen quickly followed suit, and ticket prices at resorts across the country have consistently increased in the years since. The trend has raised a question that has dogged the ski industry for years: Is the sport becoming unaffordable for the middle class?

Industry leaders say that even though last-minute lift tickets at some resorts now exceed $100, skiing has never been more affordable if you're savvy about discounts.

 

Source:  AP.   Read More... 

Lots of Early Season Snow...

Snow on chairlift Most North American ski resorts are feeling the relief of early season snow that has cause some resorts to open early and others to have unprecedented amounts of terrain open sooner than expected.  Below you'll find regional reports that speak to this in east, rocky mountains and far west.

 
Investment Advisor Prognosticates on Ski Season

As the familiar cold air of November sets in, skiers across the country are beginning to feel that recognizable early season itch. Last year's prolonged winter season was defined by a bitterly cold polar vortex freezing most parts of the East Coast and Midwest, and a historically destructive dry spell that thwarted a
recovery on the Pacific Coast. During this irregular winter, the National Ski Areas Association (NSAA) reported that domestic mountain resorts logged 56.5 million skier and snowboarder visits, down slightly from the prior season's 56.9 million visits.

 

Source: First Tracks!! Online Magazine.   Read More... 
Resort company Intrawest names new CEO

Intrawest Resorts Holdings Inc., operator of the Winter Park Resort and Steamboat Ski & Resort in Colorado, on Friday announced Thomas Marano is its new CEO, effective immediately.

The Denver-based company's (NYSE: SNOW) previous CEO, William Jensen, resigned for personal reasons. The CEO since June 2008, Jensen said in a statement that Intrawest "is well positioned to continue to build on the success and progress the entire team has made over the past five years and most recently since our IPO earlier this year."

 

Source: Denver Business Journal.   Read More... 

Vail Mayor Andy Daly is Stoked for 2015 World Alpine Championships 

In less than 100 days some 35,000 ski fans and families from around the globe will descend upon Colorado's Vail Valley for the 2015 World Alpine Championships. 

The event runs Feb. 2-15 and is expected to nearly triple the population of Vail and Avon. These numbers might seem a little daunting to a mountain town mayor, but Vail's Andy Daly is not your average mayor.

It would be fair to add Daly to the list of skiing politicians, except most of the others on the list can't ski. How many places has he skied? He'd love to tell you, but he's kind of lost count. Let's just call it hundreds of ski areas in North America and Europe.

 

Source: The Redtail Times.   Read More... 
Austrian Alps Are Dismantling Ski Lifts And Moving Villages To Adapt To Climate Change

Austrian chairlift With temperatures rising faster in the Alps than the rest of the world, alpine countries are working together to adapt to climate change and hope to set an example.

A recent Austrian climate change report found that the country's temperatures had risen twice as fast as the global average since 1880, with the number of sunshine hours in the Alps increasing by 20 percent.  

While this may please holidaymakers or locals enjoying longer summers, it is also likely to cause more landslides and forest fires, affecting the agricultural sector and local economy, the Austrian Assessment Report found.


 

Source: Business Insider.   Read More... 
 Destination Tourism
The rise of mobile to drive bookings of in-destination services
NY ski line Mobile devices are now outperforming PCs in terms of both product sales and broadband subscriptions. As a result, mobile is going to play an increasingly central role in the travel industry in the next few years, in terms of both customer service and bookings. The mobile channel has transformed travel consumer behaviour in the sense that consumers are today connected to the internet throughout their journeys, and as a result they expect assistance, service and the opportunity to make additional purchases during their trips and through their mobile devices. 

    

Source:  tnooz .com   Read More...  

 Lodging Industry
5 forces disrupting the travel industry
Even though the global travel market continues to expand and online bookings accelerate, all categories of the industry, including hotels, face disruption from a variety of sources, said speakers at last month's PhoCusWright Conference.
  
In an opening presentation titled "Disruption's curve," PhoCusWright executives discussed five forces that could change the travel industry's trajectory in the coming years.

"At every turn, the old guard is under threat," said Lorraine Sileo, senior VP of research. "And it's not just happening in travel; it's also in (personal computers), music, autos and more."

    

Source: Hotel News Now.    Read More...  

Vail late to regulate Internet rentals

It's never been easier to offer, or rent, a home to someone on vacation. But people who use rent-by-owner websites aren't exempt from town taxes.

It looks as if town of Vail officials will soon discuss possible regulations for those who use the Internet to rent their units to vacation travelers. But ideas for those regulations swing between two poles on the seven-member Vail Town Council.  At one end is council member Dale Bugby, who owns Vail Resort Rentals, a long-time property management company in town. 
 

Source:  Vail Daily.    Read More...   

 Airline Industry
Airlines' fuel savings unlikely to benefit fliers

Airline stocks are soaring as jet fuel prices plummet, but don't expect those savings to be passed on to fliers in the form of lower fares.

Investors are betting on fatter airline profits as a result of OPEC's decision to keep its production levels steady in the face of a world oil surplus. That's expected to push the price of jet fuel and other petroleum products even lower in the weeks ahead.

"OPEC just played Santa Claus to the world's airlines,'' says Henry Harteveldt, travel industry analyst with Atmosphere Research Group.

   

Source: USA Today.    Read More...  

Economy
Falling oil prices seen boosting consumer spending, U.S. state revenues

Gas sign U.S. state treasurers are anticipating a boost in sales revenues from plunging oil prices, which give people more discretionary spending power, but that is tempered by fears of the harm it could to do energy-focused states.

Oil prices have fallen by more than a third since June and price forecasts have collapsed in the wake of the Organization of the Petroleum Exporting Countries' decision not to cut output despite a global glut.

"It's a net positive for Washington, because it certainly creates lower energy costs and our consumers will benefit, and we are not really a big energy production state," said James McIntire, State Treasurer, Washington, speaking on the sidelines of the National Association of State Treasurers' conference.

 

Source:  Reuters.  Read More... 
   
Mountain Travel News, issued by DestiMetrics, is designed to provide relevant and timely market information to the destination mountain travel industry.
Assembly Logo

Wednesday, January 28

Colorado Convention Center

Denver

 

Register Now! 

 

This year's Assembly is being designed with a full-day agenda targeted at stakeholders in destination mountain travel as we quantify the present and plot our course for the future-both in established peak winter seasons and toward further developing shoulder and summer seasons that create a broader, year-round economic foundation.

 

The ASSEMBLY 2015 will be held in conjunction with the SIA Snow Show, on Wednesday January 28, at the Colorado Convention Center in Denver.  It'll provide "what's what" delivered by a faculty of "who's who", comprised of the industry's best minds, and delivers the most efficient and economical method of becoming informed about where we are as an industry, where we're heading and ideas about how best to get there.

 

Morning sessions will be by recognized industry leaders and supported by a research-driven fact base from DestiMetrics, RRC, National Ski Areas Association and SIA. The afternoon will provide more participation and interaction, with a family of workshops that dive deeper and together offer a unique approach in a collaborative environment.

 

The ASSEMBLY is presented by a collaboration of stakeholders and produced by DestiMetrics to the common benefit of all concerned. We hope you will join us!

 

DestiMetrics Subscribers receive the best rates by logging in to www.destimetrics.com and obtaining a promo code for registration.

 

More information

 

 Register Now! 

 
Upcoming presentations and appearances

  

December 16

Vail Town Council

Vail, CO

 

December 17

Vail Valley Partnership Annual Meeting

Vail Valley, CO

 

January 28, 2015

The ASSEMBLY 2015 

Denver, CO

 

Note: If you're planning on attending any of these events and would like to schedule a time to meet, please contact Katie Barnes at [email protected] or 970-390-4370.
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