Lake Tahoe ski resorts splurging on upgrades and expansions
LOS ANGELES – The nation’s ski industry suffered an epic wipeout last season, with the least snowfall in decades and one of the steepest drops in skier visits on record.
But instead of retrenching, resort owners are opening their wallets wide on upgrades and expansions.
One of the biggest jumps in spending is taking place at the snow-covered peaks around Lake Tahoe, where resorts are in the midst of a spending splurge of more than $100 million over the next 5 years.
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