Poll Will the current economy impact your ski days in the 2022/23 season?

[crgildart]

It's been going on now long enough to see how inflation is impacting our monthly budgets. Hgh level talk is that the average family monthly budget expenses have gone up by about $350-$400. What's the higher cost of everything going to do to our vacation play time money this winter?

I just returned from 5 days at an Air BnB beach condo but had I known 3 months ago when I made the reservation I probably would have gone a cheaper route or just stayed home.

What are your thoughts?

 

[KevinF]

Between Stowe charging $30/day for weekend parking and the 15 gallons of gas for the round trip…. That’s easily another $100 per trip.

yeah. That will be impactful.

 

[Powder High]

The market crash has significantly eroded my savings. It was mostly in equities, with the rest in bonds that also tanked. Worse, almost half was in one particular growth fund, with poor management that just sat back and watched it fall, I now realize. That will impact my plans this coming winter.

Had I known, I would have pulled out of the market last December.

 

[slowrider]

Might car pool more. Depending on fuel prices. I'd be more concerned about Snowfall.

 

[Bill Miles]

Might have to borrow from the kids since I already spent their inheritance.

 

[surfsnowgirl]

Nothing will change for us thankfully. Prior to us moving in CT maybe but 6 months into the pandemic we bought a place 25 minutes to local skiing so more skiing nowadays. Plus we're grateful to have our place in VT. When I'm not in Boston for work I work from home so I save on gas so driving to and from VT is a non issue.

 

[Bozzenhagen]

I just splurged and bought 4 season passes. I'm going to see what I really want and then downsize on passes possibly for next-next season. The cost to benefit ratio is dwindling considerably for me unless I get a trust fund. I may go less next season and keep it weekdays only.

The draw of living next to an ocean and eating lots of seafood sounds appealing.

 

[Jim Kenney]

I'm in a situation where I can probably maintain the status quo where I get to ski in UT for several months each winter.

However, in the winter of 2020-2021 I made the roundtrip drive from VA to UT twice. Didn't really want to do that, but it had to do with avoiding airplane rides and a requirement to shuttle my wife out to UT to join me for an extended period. I will try very hard not to have to do that twice in close succession in future years because the gas for each round trip (~4000 total miles) would now be close to $1000.

 

[wooglin]

I ski at my local bumps. So probably no.

 

[Henry]

We are not in a recession; we are in an expansion that the Fed is trying to control. We may not have a recession; the Fed is trying to avoid one. A recession is a reduction of GDP for two consecutive quarters, and we certainly aren't there. While the current inflation is painful to many, it may be short lived. We'll see.

 

[Tricia]

I chose flawed poll for no other reason than SkiTalk.com has become more significant on several levels and we're already getting invites to media events that will make us more busy and more important.
Not sure how our budget will handle it, but we are a driving force in the industry and will NEED to travel more and do more to bring content to the masses.

 

[Kneale Brownson]

One reason I live within 10 miles of my season pass hill.

 

[Tony S]

Between Stowe charging $30/day for weekend parking and the 15 gallons of gas for the round trip…. That’s easily another $100 per trip.

yeah. That will be impactful.

I'm just waiting to learn that you've made an arrangement with your employer and will be spending three months in the Rockies. Preferably somewhere with an extra bedroom.

 

[tromano]

Recessions, everyone cutting back, not wasting money on destination trips... Sounds good to me.

 

[Tony S]

We are not in a recession; we are in an expansion that the Fed is trying to control. We may not have a recession; the Fed is trying to avoid one. A recession is a reduction of GDP for two consecutive quarters, and we certainly aren't there. While the current inflation is painful to many, it may be short lived. We'll see.

As always, there is a different "we" for every reader. Macro affects everyone's micro a little differently.

 

[fatbob]

I'm just waiting to learn that you've made an arrangement with your employer and will be spending three months in the Rockies. Preferably somewhere with an extra bedroom.

Have to say I like this idea of zigging while the world zaggs.

 

[Tom K.]

....but we are a driving force in the industry ......

This is a great thing to hear!

In a mildly depressing thread.

L'il old Pugski is growing up.

 

[Johnny V.]

We've got our IKON and local hill passes for next year, so I don't see us cutting back for the upcoming season. After that, who knows-my wife and I are both 70 and while we're both in reasonably good health, there's always the question marks about the future. Gotta do it while we can!

 

[LuliTheYounger]

We already bought our Ikon passes & we don't travel to ski anyways, so I don't think it'll change anything that much. I guess it's a really different calculation for locals?

 

[martyg]

Zero change here. Zero need to cut back on other things, because those other things like Nordic skiing, cycling, fly fishing, etc are not a fanatical burden.

What will drive my decision (aside from days teaching at another resort) the quality of experience that our local ski areas provides (and our local ski hill is a place that I would never instruct again, until new ownership arrives).