Colorado ski area rent to federal landlords fell 20% in 2019-20 | VailDaily.com
YOUR AD HERE »

Colorado ski area rent to federal landlords fell 20% in 2019-20

Ski areas sent $24 million in rent to the U.S. Treasury after the pandemic-clipped season

Jason Blevins
The Colorado Sun

Skiers take some final laps during night skiing Saturday, March 14, 2020, at Steamboat Resort in Steamboat Springs. The resort's parent company Alterra Mountain Co. announced just hours earlier that it would close for a week starting March 15. The announcement came about 30 minutes after Vail Resorts announced they would also be closing their resorts.
Matt Stensland/Special to The Colorado Sun

in the pandemic-clipped 2019-20 ski season. And that decline, the largest in at least 20 years and likely since the creation of the Parks and Lands Management Act in 1996, led to a rare drop in rent ski areas pay their federal landlords.

The 23 ski areas sent the U.S. Treasury $24 million in revenue-based rent for the 2019-20 ski season, which is the Forest Service’s fiscal year 2020. That’s down from a record $30.1 million in 2018-19 and the lowest since the 2013-14 season.

With the growth of season pass sales eclipsing day-ticket sales, revenue-based fee payments paid by ski areas to their federal landlords has risen steadily. Since the 2008-09 ski season, the year Vail Resorts’ Epic Pass debuted, revenues have increased every year.



The larger ski areas endured the steepest declines in revenue during the 2019-20 ski season, which was cut short when resorts closed in the middle of an always busy March to limit the spread of the coronavirus. Spending at resorts in the White River National Forest — the most trafficked in the U.S. with several of the busiest ski hills in the nation, including Vail, Breckenridge, Keystone, Beaver Creek, Snowmass and Copper Mountain — fell 26%, based on the revenue-based rent reports. The 11 ski areas in the White River forest paid $16.7 million in rent, down from $22.7 million in 2018-19.

Read more via The Colorado Sun.

The Colorado Sun is a reader-supported news organization dedicated to covering the people, places and policies that matter in Colorado. Read more, sign up for free newsletters and subscribe at coloradosun.com.




Support Local Journalism