Kimberly Adams

But folks were complaining also that the passes, even if they may save you a little bit of money as a regular skier, it's contributed to, they were complaining about crowding on the slopes and you can't really determine the conditions.

How do these pass systems work?

I want to get back to these conglomerates in a bit, but if you could zoom out a bit for me, why does what's happening in the ski and snow sports industry matter to the broader economy?

And was it closing just from lack of snow, lack of business?

What was happening?

How common is that?

Because I heard from some of the more, you know, avid skiers on the Marketplace team who were talking to me ahead of this trip that, you know, out west here in the United States, a lot of the traditional ski places just didn't get snow this year.

And I'm wondering, especially with, you know, the changes coming to the planet with climate change, how common is that?

Yikes.

Alright, we are going to take a quick break, but we are going to be right back with more.

All right.

We are back with Professor Daniel Scott.

I want to get more into what we talked about at the top of the show about consolidation in the industry.

You know, you were just talking about climate change and all the rising costs associated with climate change, which I imagine it's easier for these bigger conglomerates to kind of either absorb or react to.

Can you talk about that intersection between consolidation in the industry and climate change?

This is Vail the company.

You know, it's been interesting this week, you know, as I've been falling down the hill talking to the people who ski regularly.

The place where I'm staying was recently purchased not by Vela or Altera, but by a smaller conglomerate.

But everybody's very nervous about it, you know, moving from an independent resort to sort of even being owned by a smaller group.

because of what they have seen in these other conglomerates.