I tend to agree with this take.
I also wonder how long the business model can sustain itself.
A destination ski vacation at an epic and icon resort is a pretty terrible product. You spend $10k or $15k to take your family to Breckenridge or Steamboat or Utah or Tahoe for a week and spend hours and hours everyday standing in lines and dealing with crowds. Everything has to be on a schedule to deal with crowds- when do you head to the hill? Will there be parking? How long will you be stuck in whatever lift line- will you make it to ski school in time to pick up your kid? Same considerations for lunch and dinner and any other activities.
You could take the entire family to the South Pacific or Europe or Asia and spend less money and have a way better time. When are people going to realize that they aren’t having fun in these epic and icon towns?
Sadly there are very few alternatives for skiing medium or large acreage resorts in North America where you won’t get screwed by epic and icon crowds.