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CONTENTS



                SPRING 2018                                                                                 Features





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              PG. 16
              HOW THE NEW TAX LAW WILL DRAMATICALLY
              IMPROVE THE SKI BUSINESS

              BY DAVE BYRD
              For many ski areas and suppliers, lower corporate tax rates translate into more capital to invest in infrastructure, programs, and employees.
              Here are some of the key changes in the tax code that you need to know, along with insights on how they can benefit your operation.



              PG. 28                               PG. 38                               PG. 46

              EMPLOYEE COMPENSATION:               #METOO: SKI INDUSTRY                 NSAA ECONOMIC ANALYSIS
              A BEFORE & AFTER SNAPSHOT            CONSIDERATIONS IN A POST             RESULTS: BREAKDOWN OF THE
              OF SKI INDUSTRY WAGES &              WEINSTEIN WORLD                      2016–17 SEASON
              COMPETITIVE POSITIONING              BY L AUR A MORIART Y                 BY DAVE BELIN
              BY L AUR A MORIART Y AND SCOT T SMITH  Sexual harassment claims continue to   The final report on ski areas’ financial
              A lower corporate tax burden and lower   dominate the headlines, pointing to the need   performance for the 2016-17 season shows
              unemployment rates are creating considerable   for all businesses to adopt a no-tolerance policy   unsurprising variability among NSAA’s six
              wage pressures on resorts. How do we compare   toward inappropriate sexual conduct and other   geographic snowsports regions, but with a
              with other recreation industries? Are we   unwanted behaviors, including verbal abuse,   strong performance overall. Here are some
              balancing wage growth with economic growth   bullying, and discrimination. Here are ways to   summary highlights from the past fiscal year.
              and, importantly, how do we manage employee   help keep the culture healthy—both on and off
              expectations?                        the clock.
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