Swiss ski lift firms bounce back from Covid-19 restrictions

Ski lift and cable car companies have posted a "robust financial recovery" following the end of the restrictions linked to the Covid-19, according to a study. Guaranteed snow coverage and value-added summer experiences are having a very positive impact on profitability. With targeted investments in technical snowmaking and the strengthening of summer activities, they will be able to assert themselves in the long term. The analysis, carried out by the Lucerne University of Applied Sciences and Arts, found that 30% of winter ski lift operators and 75% of cable car operators surveyed had a good to very good return on investment. + Get the most important Swiss news directly in your inbox The financial situation of 77 ropeway companies in Switzerland was analysed in depth for the period 2022/23 and in multi-year comparison, their umbrella organization said in a press release on Friday. The study covers 19 cable car and 58 winter sports facilities. It sheds light on their financial ...