future developement of ski resort in China

[stillskiing]

I just came across this article while having lunch.....it is very interesing....

http://www.canada.com/vancouversun/news/business/story.html?id=27978037-e1e9-4409-a903-af9af06713d3

[carver_hk-ski]

This is very attractive:
copy from the link -------
Most importantly, the ski resorts in China will be gated. "They will truly be like a theme park. When you come in, we run everything -- the restaurants, the retail, the hotels -- like at Disney or on a cruise line," said Kwan.
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I'll add low price too.

[Yogi]

I saw that article before, IMO - it is pure bullsxxt. That company as far as I know has no experience in running ski resorts.

[armanchi]

which resorts you guys are talking about? my group company has already invested in PRC ski resort...

[Husky]

I believe it involves a HK company called Melco, which has 45% share in this joint veture company. They want to list this company in Vancouver as venture capital to raise money.

[Yogi]

I heard Melco has bought and plan to refurbish Yabuli Resort

[stillskiing]

BAD place to bulid ski resort.......The area is arid and too dry to form natural snow.

[carver_hk-ski]

So why are there so many fools risking their dollars? :)
Or are there something outweighs this particular shortcomings?