Cognard, Jonathan; Berard-Chenu, Lucas; Schaeffer, Yves; … - 2023
reduce the profitability of ski resorts. The growth of snowmaking is often seen as a way to adapt to this threat. While the … profitability of 56 ski lift operators over a 15-year period, from the 2004/05 season to 2018/19, using a dynamic panel data … modelling approach. We find no evidence that increased investment in snowmaking improves the profitability of ski lift operators …