Investment Projects, Business Armenia Ski Resort in Vanadzor | Page 12

Strategy and Implementation For the implementation of this project, the following measures should be undertaken: 1. Step by step construction and refurbishment works of the ski resort 2. Procurement of modern equipment, supplies and materials necessary for the efficient exploitation of the resort 3. Establishment of different services to meet various tourist needs: recreation (sports, intellectual games, etc.), entertainment (movie screenings, shows, etc.), leisure, and health services 4. Construction of a cable ropeway with 3 queues, which will transport tourists, sportsmen, and visitors from the base of the resort to the top of Maymekh Mountain 5. Establishment of professional and amateur ski tracks 6. Installation of a toboggan and a tubing zone Besides, it is commonly agreed that there are three key components that determine destination choice; snow conditions, overall cost, non-ski related activities and facilities at the destination. Quality snow conditions are the key factor in destination choice for frequent and skilled participants. The variety of the terrain also plays an essential role. Thus, the strategy will encompass all three components to make the destination competitive in the global market. 11