Sector Hub · 4 Property Types

Recreation Real Estate Analytics.

Recreation real estate covers marinas (wet-slip + dry-stack moorage with on-site F&B + fuel + ship services), golf courses (daily-fee public, semi-private, member clubs, resort, and municipal), ski resorts (mountain destination resorts integrating lift-served skiing with lodging + F&B + base village + real estate development), and entertainment venues (concert halls, music venues, comedy clubs). Performance is measured in slip occupancy + per-foot annual rate + fuel margin for marinas; rounds per year + revenue per round + member retention for golf; skier visits + season-pass penetration (Epic / Ikon) for ski; and attendance per event + premium-seating + per-capita F&B for venues. Public exposure is concentrated — Sun Communities (SUI) holds the largest US marina portfolio through Safe Harbor; Vail Resorts (MTN) is the only public US ski-area operator (41+ resorts including Vail, Whistler-Blackcomb, Park City, Heavenly, Stowe, Okemo); Madison Square Garden Entertainment (MSGE) and Live Nation (LYV) for venues. Most golf courses remain privately held by ClubCorp (Apollo-owned, ~200 clubs), Troon, KemperSports, and Heritage Golf. Ilora.ai ingests slip rental agreements, tee-sheet utilization, skier-visit reports, season-pass sales data, and event-night revenue.

Property Types: 4
KPIs Tracked: 12
Canonical KPIs: 8
AI Agents: 347

Property Types

4 property types in RECREATION.

Canonical KPIs

8 core KPIs anchor recreation analysis.

NOINet Operating Income: Total revenue minus operating expenses (excludes financing and capital costs). The primary measure of property-level profitability.NOI = Revenue − Operating Expenses
Cap RateCapitalization Rate: Net Operating Income divided by current property value. Expresses unleveraged annual yield as a percentage.Cap Rate = NOI ÷ Property Value
RoundsRounds Per Year: Total golf rounds played in a year. The fundamental demand measure for golf courses.
Slip OccSlip Occupancy: Percentage of marina slips occupied. Marina equivalent of hotel occupancy.

Common Questions

Frequently asked questions about recreation real estate.

What property types does recreation real estate include?

Marinas (wet-slip + dry-stack), golf courses (daily-fee + private member clubs + resort), ski resorts (lift-served mountain destinations), and entertainment venues (concert halls + music venues + comedy clubs). Four property types serving leisure + recreation demand.

How are ski resorts measured?

Ski resorts track skier visits per year (one person skiing one day = one visit), season pass penetration (Epic Pass / Ikon Pass), revenue per skier visit, and snowmaking + natural snowfall. Vail Resorts (MTN) reports 17M+ visits annually across 41+ resorts.

Who are the major recreation real estate operators?

Marinas: Sun Communities (SUI) Safe Harbor (130+ properties), Suntex (60+), Marinas International. Golf: ClubCorp (Apollo, ~200 clubs), Troon (700+ properties globally). Ski: Vail Resorts (MTN — 41+ resorts), Alterra (private — 17 resorts). Venues: MSGE, LYV.

How does Ilora.ai analyze recreation properties?

Recreation agents specialize by property type. Marina agent reads slip rental agreements, fuel sales, F&B POS. Golf agent reads tee-sheet, member roster, F&B. Ski agent reads lift operations, season pass sales. Venue agent reads ticketing + premium seating + concession data.

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