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Are multi-resort ski conglomerates more efficient?

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  • Martin Falk

    (Austrian Institute of Economic Research (WIFO), Vienna, Austria)

Abstract

This paper compares the efficiency of large ski resort conglomerates with independent ski resorts using data on four countries (Canada, France, United States, Switzerland). Using the stochastic frontier production approach, I find that ski resorts that are owned and managed by the Intrawest group are significantly more efficient than independent ski resorts. The efficiency gap is about nine percentage points on average. The remaining ski resort conglomerates (American Skiing, Vail Resorts Inc., and Compagnie des Alpes SA) do not operate more efficiently than independent ski resorts. Copyright © 2009 John Wiley & Sons, Ltd.

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  • Martin Falk, 2009. "Are multi-resort ski conglomerates more efficient?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(8), pages 529-538.
    • Handle: RePEc:wly:mgtdec:v:30:y:2009:i:8:p:529-538
    DOI: 10.1002/mde.1470
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    Cited by:

    1. Kevin R. Caskey, 2011. "When Should a Ski Resort Make Snow?," Tourism Economics, , vol. 17(6), pages 1219-1234, December.
    2. Martin Falk & Eva Hagsten, 2019. "Climate zone crucial for efficiency of ski lift operators," Current Issues in Tourism, Taylor & Francis Journals, vol. 22(6), pages 664-681, April.
    3. Antonio Arbelo & Pilar Pérez-Gómez & Marta Arbelo-Pérez, 2017. "Cost efficiency and its determinants in the hotel industry," Tourism Economics, , vol. 23(5), pages 1056-1068, August.
    4. Goncalves, Olga, 2013. "Efficiency and productivity of French ski resorts," Tourism Management, Elsevier, vol. 36(C), pages 650-657.
    5. Martin Falk, 2011. "International Price Differences in Ski Lift Tickets," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 147(III), pages 303-336, September.
    6. Jordi Moreno-Gené & Laura Sánchez-Pulido & Eduard Cristobal-Fransi & Natalia Daries, 2018. "The Economic Sustainability of Snow Tourism: The Case of Ski Resorts in Austria, France, and Italy," Sustainability, MDPI, vol. 10(9), pages 1-20, August.
    7. Eduard Cristobal-Fransi & Natalia Daries & Antoni Serra-Cantallops & José Ramón-Cardona & Maria Zorzano, 2018. "Ski Tourism and Web Marketing Strategies: The Case of Ski Resorts in France and Spain," Sustainability, MDPI, vol. 10(8), pages 1-24, August.

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