Healthier Than Ever

The 2021-22 Economic Analysis of United States Ski Areas is a good news story for the industry after two challenging years of battling the Covid pandemic. The industry emerged healthier than ever. The 60.7 million skier visits were a record, as were gross revenues, EBITDA, and operating margins. For a year with below-average snow across much of the industry, that’s impressive.

Gross revenues on average were up 36.5 percent over pandemic-limited 2020-21 while EBITDA grew by 54.1 percent and EBITDA margins improved to 39.1 percent, an all-time record and a nice improvement over 34.6 percent a year earlier.