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This is where it's headed. The complete Disney-ification of ski towns. 2 or 3 mega resort companies will control the entire economy surrounding the resort: hote
by SwagGrocery 5y ago
This is where it's headed. The complete Disney-ification of ski towns. 2 or 3 mega resort companies will control the entire economy surrounding the resort: hotels, restaurants, spas, theaters, etc. Some of the amenities will operate at a loss, but their presence will push up the value of the higher margin amenities.
- asdff 5y agoIt's where it used to be from the start ironically for most of these resort towns.
- chiefalchemist 5y agoFrankly, this is true for any "tourist attraction." The attraction has limited geography. The population is increasing. Housing supply is relatively fixed, demand isn't. Either these attrictions build vertical, or suddenly more tourist attraction locations come online, or mortgage rates increase significantally for any home after the first one. None of those things are going to happen.