Word: ticket
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Dates: during 2000-2009
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Remember when majoring in, say, French literature meant lots of anxious questions from relatives about how you were planning to support yourself, while a degree in finance was, by contrast, an almost automatic ticket to a decent entry-level corporate job? This spring's new college grads face skyrocketing unemployment, hiring freezes and competition from experienced candidates who have been laid off and are increasingly desperate to find work. Any work. So no matter what you majored in, when it comes to getting hired, all bets are off. Depending on how you look at it, that's either liberating...
...During a brutal recession, you'd think a $90 lift ticket and two nights at a lodge would be a luxury. But luckily for ski-resort operators, the flakes have been flush this season. Most U.S. resorts are reporting above-average snowfalls. (Northstar-at-Tahoe, in the Sierras, clocked in with 3 ft. of new snow March 4-5.) So while revenues have slipped - particularly at retail shops and restaurants - fewer people are fleeing skiing than you'd think. Michael Berry, president of the National Ski Areas Association, an industry trade group, projects that total lift-ticket purchases will decline...
...through Jan. 31, occupancy was down 18% at the Western ski areas, while lodging rates dropped 8%. Vail Resorts, a public company that runs four ski areas in Colorado and one in California, reported a 5.8% drop in skier visits through early January and a 7.5% decline in lift-ticket revenue. The Aspen Skiing Company, which operates the Ajax Mountain, Highlands, Buttermilk and Snowmass ski areas, predicts skier visits will drop between 5% and 15% this year. (See the top 10 sports moments...
...Total revenues at the resorts will decline more steeply than lift-ticket sales, as skiers are spending less on private lessons and at retail shops. Aspen is offering free nights and restaurant discounts during traditional peak periods like spring break. "That's something we haven't done in the past," says Aspen Skiing Company spokesman Jeff Hanle...
...McCain-Palin ticket carried the porn vote in the November elections. Brings a new level of meaning to "Drill, baby, drill...