global mountains
Original calculations separate visitor yield, operating margins and cash flow in Jungfrau’s first-half accounts, showing why the measures can move in different directions.
japan
Official Kyoto and Kutchan rules produce different bills at the same room price. Original scenarios show how party size, thresholds and discounts affect collection.
global snow resort
Sun Peaks discloses the land, grant and debt behind 110 workforce homes. Original calculations test the recurring rent burden and the limits of per-home comparisons.
japan
Two public hotel portfolios show why high occupancy can coexist with weaker revenue. Original calculations test rate cuts, capacity limits and non-room offsets.
global snow resort
Australian resort evidence separates snow production from refund protection. A transparent hotel scenario tests the cash and occupancy consequences of cancellation.
global ski property
Resort land, lift operations and accommodation can sit under very different arrangements. Comparing Whakapapa, Perisher, Tignes and US federal permits shows why the length of operating control, investment obligations and treatment of infrastructure matter.