Mike Beversluis

Monday, April 20, 2009

If you build it, they will fly in??

Airport in Branson, Mo., Built with Private Money
Published: April 20, 2009

Branson, Mo., is remote and has a tiny year-round population. But it also has the kinds of outdoor activities and family-friendly theater productions that attracted eight and a half million visitors last year, earning the city the unofficial nickname “Vegas without the gambling.”

And it is because of all those visitors that investors have placed a bet on Branson, spending $155 million to build the only privately financed commercial airport in America. Steve Peet, the chief executive of the airport, is a Connecticut businessman who concedes that he could not find Branson on a map nine years ago. By 2004, he was persuaded that there was money to be made flying tourists there.

I have to confess that I'm not in any hurry to visit Vegas, let alone "Vegas without the Gambling," but building your own infrastructure seems like an interesting experiment.


Post a Comment

<< Home