The future of tourism industry will be affected by major social, economic, political, environmental, and technological changes, bringing new and often unseen challenges, threats and opportunities. The speed of technological progress has changed societal expectations and at the same time is...

This paper investigates the factors that influence the change in passenger ski-lift transports between a normal winter and an anomalously mild winter based on individual lift and aggregate ski-area data. Special focus is placed on the return on investments in new ski lifts. Using endogenous...