Rumor... Jay Peak Resort Sold

JPTracker · Feb 18, 2008, 11:39 AM

Riding the lift this morning with a local, he made a comment then Jay is no longer owned by the Canadians but was just sold to a Florida firm. I asked him if he was mistaken and was talking about Burke instead. He said no. His girl friend works in the hotel and has seen all the buyers come through and also gets her info from Bill Stenger. He did not what the name of the Florida firm was.

GrilledSteezeSandwich · Feb 18, 2008, 12:05 PM

Awesome news..hopefully they replace the Jet Triple with a high speed quad and add some new trails off the backside..

BeanoNYC · Feb 18, 2008, 12:14 PM

Owch...real estate development up the ying yang.

GrilledSteezeSandwich · Feb 18, 2008, 12:21 PM

Quote:

Originally Posted by BeanoNYC

Owch...real estate development up the ying yang.

If Real Estate development means ski area improvements..I'm all for it..

ga2ski · Feb 18, 2008, 12:21 PM

Hmmm . .. . rumors... . I know of a company in FL that recently bought three other resorts in NE in the past year .. . well at least i think that is where the money is coming from.

wa-loaf · Feb 18, 2008, 12:22 PM

If your company HQ is located in state where it doesn't snow and there are no mountains, you should be banned from owning a ski area.

GrilledSteezeSandwich · Feb 18, 2008, 12:38 PM

Quote:

Originally Posted by wa-loaf

If your company HQ is located in state where it doesn't snow and there are no mountains, you should be banned from owning a ski area.

That's a little harsh..anybody or company with the means is entitled to own a ski area..

wa-loaf · Feb 18, 2008, 12:59 PM

Quote:

Originally Posted by GrilledSteezeSandwich

That's a little harsh..anybody or company with the means is entitled to own a ski area..

I'm being a little tongue in cheek, sorry I didn't include any smilies. I actually think the arrangement that they have with Sugarloaf and Sunday River is working pretty good, but ski industry pros are running the show. The money just comes from FL. I have no idea what the deal with Jay is.

from_the_NEK · Feb 18, 2008, 2:29 PM

I realize this is still rumor at this point but why would MSSI sell their crown jewel when the Canadian dollar is so strong? Or maybe that is why they did sell it?

deadheadskier · Feb 18, 2008, 3:24 PM

I wonder what kind of affect this will have on the West Bowl expansion; if it will kick start it or move it to the back burner.

Feb 18, 2008, 11:39 AM	#1 (permalink)
JPTracker Thanksgiving at Jay Join Date: Apr 2006 Location: MA Posts: 188	Rumor... Jay Peak Resort Sold Riding the lift this morning with a local, he made a comment then Jay is no longer owned by the Canadians but was just sold to a Florida firm. I asked him if he was mistaken and was talking about Burke instead. He said no. His girl friend works in the hotel and has seen all the buyers come through and also gets her info from Bill Stenger. He did not what the name of the Florida firm was.

Feb 18, 2008, 12:22 PM	#6 (permalink)
wa-loaf AAAARRGH! Join Date: Jan 2007 Location: Northborough, MA Posts: 5,596	If your company HQ is located in state where it doesn't snow and there are no mountains, you should be banned from owning a ski area. __________________ "Man can endure any what so long as he has a why . . ." Victor Frankl

Feb 18, 2008, 3:24 PM	#10 (permalink)
deadheadskier Join Date: Mar 2005 Location: Southeast NH Posts: 6,325	I wonder what kind of affect this will have on the West Bowl expansion; if it will kick start it or move it to the back burner. __________________ 07-08, 08-09

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Feb 18, 2008, 12:05 PM	#2 (permalink)
GrilledSteezeSandwich Join Date: Aug 2007 Posts: 15,962	Awesome news..hopefully they replace the Jet Triple with a high speed quad and add some new trails off the backside..

Feb 18, 2008, 12:14 PM	#3 (permalink)
BeanoNYC It's Tricky to rock a rhyme, to rock a rhyme that's right on time It's Tricky... Join Date: Feb 2005 Location: Rockaway Park, NY Posts: 4,701	Owch...real estate development up the ying yang.

Feb 18, 2008, 12:21 PM	#5 (permalink)
ga2ski Sunday River December 3, 2007 Join Date: Apr 2005 Location: Southern NH, work or in the Mountains Posts: 1,152	Hmmm . .. . rumors... . I know of a company in FL that recently bought three other resorts in NE in the past year .. . well at least i think that is where the money is coming from.

Feb 18, 2008, 2:29 PM	#9 (permalink)
from_the_NEK Spring Skiing with my dog Join Date: Jun 2006 Location: Lyndonville, VT Posts: 1,099	I realize this is still rumor at this point but why would MSSI sell their crown jewel when the Canadian dollar is so strong? Or maybe that is why they did sell it?