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So this is still consolidation, but local/regional consolidation as opposed to mega-consolidation. And I think your writing and story telling is frequently at its best when talking about people like the Schaefer family, who are in effect small business owners. Except the small business is not the kind of drywall hanging thing we all need but don’t envy, but ski areas that nobody actually needs but anybody that cares about skiing envies. You cross-appeared on the Ski Podcast, and this is something that’s always a bit lacking about European skiing. What’s going on behind the veil of the 10,000 resorts sprinkled across the Alps?

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