Current:Home > StocksTradeEdge-Lack of snow forces Montana ski resort to close halfway through season -VisionFunds
TradeEdge-Lack of snow forces Montana ski resort to close halfway through season
Charles H. Sloan View
Date:2025-04-07 00:23:41
A locally owned ski resort west of Choteau,TradeEdge Montana is closing halfway through the 2023-2024 season, citing lack or snowfall, warming temperatures and financial issues. The closure of the Teton Pass Ski Area signifies a growing issue for the ski and snowboard industry; a warming climate.
The Teton Pass Ski Area Instagram account posted a six-page letter from owner Charles Hlavac saying the ski area is stretched thin to cover early season payroll, insurance premiums, property tax and start-up costs such as food, fuel and explosives for avalanche mitigation. Teton Pass was only able to operate four full days this season, according to Hlavac's letter.
The Sun-Teton-Marias basin, has a record low snowpack, with 42% of the typical amount of snowpack for this time of the year, according to reporting from the Bozeman Daily Chronicle.
Local ski resort faces financial trouble
In his letter, Hlavac noted the financial burden the ski area is up against: “The financial hole we have dug is large, and we don’t think we could operate our way out of it even if the snow showed up,” Hlavac said. “The correct decision from a truly non-emotional business perspective is to ‘cut off the limb to save the life,’ or in other words end this season now, so we can ensure more seasons in the future.”
Hlavac continued saying that the decision to close was not made lightly, “We hope that we have proven over time that we are not afraid of the incredibly hard work that goes into operating a uniquely challenging business in a sometimes-hostile environment. We don’t see ourselves as quitters, and we recognize that this decision might be viewed that way by some now, or in the future. This decision will linger, but we have weighed the alternatives.”
Warming temperatures jeopardize the ski industry
Scientists say that climate change represents "a substantial risk to the profitability and sustainability of ski tourism because of reduced and more variable natural snow, and increased snowmaking requirements and costs," according to a 2021 research study published in the journal Tourism Management Perspectives.
The Teton Pass normally receives 300 inches of snow each year. But the 2023-2024 season has been the worst season for precipitation totals based on 55 years of records.
Climate change is already impacting the amount of snow that falls across the country. In several of the key ways that snow is measured – snowfall, snow cover, and snowpack – recent significant declines have been reported.
Total snowfall has decreased in many parts of the U.S. since widespread observations became available in 1930, with 57% of stations showing a decline, according to the Environmental Protection Agency. Among all of the stations, the average change is a decrease of 0.19% per year.
This trend of declining snowfall is expected to continue, scientists say, potentially dealing a harsh blow to the ski industry over the next few decades.
Contributing: Doyle Rice
veryGood! (81)
Related
- The company planning a successor to Concorde makes its first supersonic test
- China-made C919, ARJ21 passenger jets on display in Hong Kong
- A Florida woman, a 10-year-old boy and a mother of 2 are among Tennessee tornado victims
- Lose Yourself in This Video of Eminem's Daughter Hailie Jade Celebrating Her 28th Birthday
- Louvre will undergo expansion and restoration project, Macron says
- Cyclone Jasper is expected to intensify before becoming the first of the season to hit Australia
- Krispy Kreme’s 'Day of the Dozens' doughnut deal is here: How to get a $1 box
- Judge vacates murder conviction of Chicago man wrongfully imprisoned for 35 years
- The Super Bowl could end in a 'three
- Pregnant Bhad Bhabie Reveals Sex of Her First Baby
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Congressional candidate’s voter outreach tool is latest AI experiment ahead of 2024 elections
- TikTok users were shocked to see UPS driver's paycheck. Here's how much drivers will soon be making.
- Semi-trailer driver dies after rig crashes into 2 others at Indiana toll plaza
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Most populous New Mexico county resumes sheriff’s helicopter operations, months after deadly crash
- Watch as rush-hour drivers rescue runaway Chihuahua on Staten Island Expressway
- Two beloved Christmas classics just joined the National Film Registry
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Missouri county to pay $1.2 million to settle lawsuit over inmate restraint chair death
Yes, dietary choices can contribute to diabetes risk: What foods to avoid
How rich is Harvard? It's bigger than the economies of 120 nations.
Trump wants to turn the clock on daylight saving time
A Chicago train operator knew snow equipment was on the line but braked immediately, review finds
Krispy Kreme’s 'Day of the Dozens' doughnut deal is here: How to get a $1 box
Indian police arrest 4 intruders for breaching security in the Parliament complex