Quote:
Originally Posted by SebC
Interesting... how does Lake Louise work? Marmot?
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Lake Louise is 85% Calgarians. Easy day trip and a big continget of tourists. Marmot I suppose lasts off Edmontonians (no closer option) and a pretty good swath of tourists in Jasper Park. A place like Marmot I bet is only marginally profitable.
Jumbo is 3:30-4:00 hours from Calgary - it won't have a high volume of day-trippers, so it'll have to rely on real estate and people who've travelled specifically to stay and ski there from abroad.
The phasing strategy within the Master Plan does a pretty good job of explaining the relationship between the real estate and the financing of infrastructure over the life of the resort development:
http://www.jumboglacierresort.com/do...GR-MP_2007.pdf
Pg 340.