Recent comments in /f/newhampshire

ShamanicYogi t1_ja1qo2q wrote

Cannon is owned by the taxpayers and it’s annual reports are a matter of public record. However, I’m not going to spend my time digging through state financial documents just to appease a stranger on Reddit. You are able to research it yourself. I worked in the ski industry for a couple of decades and always have kept an eye on revenue vs snowfall up until the past few years. Last report I remember looking at was pre-Covid, so the info I have is probably from 2018-19 season or so, but it was around $7.25M in annual profit. By comparison, Gunstock does around $1.5M. Cannon, as probably the most popular ski area in NH, has generally shown steady growth of about $100k-250k per year since 2011, obviously dependent on the weather. That’s a rate of less than 3%. Not huge, but still profitable.

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