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Family used to own stock in a local ski resort (publicly traded), all shareholders were entitled to half price on lift tickets and some other perks. It was a gr
by Y-bar 8mo ago
Family used to own stock in a local ski resort (publicly traded), all shareholders were entitled to half price on lift tickets and some other perks. It was a great way to save a bit of money, get a dividend, and have a voice on any future expansion plans at the annual meeting.
Edit to add: Seems even Disney did offer perks as well to shareholders, https://www.disboards.com/threads/do-you-own-disney-stock-what-are-the-benefits.1901613/ https://www.disboards.com/threads/do-you-own-disney-stock-wh...
- giantg2 8mo agoIs it still in business? My very limited experience makes it seem like the places that mix share ownership with discounts don't survive.
- Y-bar 8mo agoThey had ups and downs of course. The tourism industry can turn sour during a downturn as you might understand. But they weathered for 40 or so years until a bear killed a handler in the summer of 2017 at their wildlife park. This effectively killed the entire park business and forced a major reconstruction. A former major bank CEO offered to buy it wholesale and took it fully private via majority buy-out.