8 Facts About The Booming Colorado Ski Economy

Chris Wallner | | Post Tag for Industry NewsIndustry News
Coloradoโ€™s Durango Mountain Resort! PC: Denver Post

According to a recent document released by Colorado Ski Country and Vail Resorts, the CO ski-industry generates $4.8 billion in economic activity in Colorado annually. This study has revealed that the industry has almost doubled over the past decade, since the last study that was conducted a decade ago revealed that the industry had a $2.5 billion economic impact annually. The impacts of the ski economy are felt throughout the state, it creates jobs, initiates development, allows for technological advancements, and much more!

โ€œThis report confirms the importance of the ski industry to Colorado, both as an economic driver and a globally recognized symbol of our state,โ€ said Melanie Mills, the head of the 21-resort Colorado Ski Country USA trade group, in a statement.

Beaver Creek Powder Skiing! PC: Travel All Together

Without the ski economy, many Colorado residents would be unemployed and unable to support themselves. A lot of the money that drives this massive $4.8 billion dollar industry comes from out-of-state visitors that take a trip to the ideal destination. The ski-industry is currently on the rise and there are no signs of it slowing down!

โ€œThe ski industry is very much a part of the Colorado brand and economy. Resorts are evolving to provide year-round offerings, extending economic impacts well beyond the winter season,โ€ CU professor Rich Wobbekind, the executive director of the Business Research Division at Leeds, said in a statement.

Breckenridge, Colorado! PC: Forbes

7 Facts About The Colorado Ski Economy:

1. $4.8 billion is generated annually by the Colorado ski industry

2. 46,000 year-round jobs in Colorado are supported by the Ski & Snowboard Economy.

3. $1.9 billion earned by those 46,000 workers every year.

4. 500,000 Colorado residents skied in the 2013-2014 season. Thatโ€™s 9 percent of Coloradoโ€™s estimated 5.2 million people.

5. 5.6 million of the stateโ€™s 12.6 million skier visits are from Colorado locals.  

6. 7 million out-of-state skier visits in 2013-2014.

7.  $300 per day on average is spent by out-of-state skiers 

8. 25% Coloradoโ€™s skier visits occur at Vail Resorts ski resorts (Breckenridge, Keystone, Vail, Beaver Creek).


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