Net revenue of SkiStar mountain ski facilities operations 2023/2024, by country

SkiStar, a prominent Swedish alpine tourism company, generated significant revenue from its mountain skiing operations in Norway and Sweden during the 2023/24 season. The company's net revenue reached approximately *** billion Swedish kronor for its ski area, with Sweden contributing *** billion kronor and Norway adding *** billion kronor.

SkiStar’s profitability and diverse operations

SkiStar's financial success extends beyond its mountain skiing operations. The company's gross profit for the fiscal year recorded at the end of August 2024, amounted to over *** billion Swedish kronor, representing a substantial increase of *** billion kronor since 2020. In addition to its core skiing activities, SkiStar has diversified its revenue streams, with hotel operations contributing *** million Swedish kronor in 2023/24. Norway supplied the main portion of Skistar’s hotel operations, with *** million kronor. Thus, Sweden had a higher revenue for its ski area, while Norway surpassed in hotel operations.

Ski resort pricing

Ski resorts in the Nordic region encapsulate different types of accommodation establishments. SkiStar has its hotel operations across Norway and Sweden, which include ***** hotels and nearly ***** ski-lodges or flats rented out through their website. In dense ski areas, the average selling price for properties was the highest in Hemsedalen, Norway, which reached ***** euros per square meter, closely followed by Åre, Sweden, at ***** euros per square meter in 2023.