Recent content by JPTracker

It's final: https://open.substack.com/pub/skiing/p/its-official-pacific-group-resorts?r=avtv1&utm_campaign=post&utm_medium=email

You can't really look at each of the amenities on it's own. The hockey is doing well because the water park makes it very attractable because it gives the kids something to do besides hockey. Hockey also books a lot of room in the hotels, which bring in money, no to mention the restaurants.

Snowmaking improvements will not be cheap. Their main problem is lack of water. The only solution is to install a pipeline down the mountain to the river. Not cheap! Then they will need to upgrade their pumps and snowmaking system on the mountain. Last season there were trails that they never...

From VTDigger: https://vtdigger.org/2022/08/19/new-possible-bidder-may-delay-hearing-on-sale-of-jay-peak-resort/

Court approved the sale. On to the Auction phase: https://jaypeakreceivership.com/wp-content/uploads/2022/08/DE_727_-_Order_Approving_Sale_of_Jay_Peak_Resort_and_Setting_Deadlines-Hearing_08-04-22.pdf

Here's the long read: https://jaypeakreceivership.com/wp-content/uploads/2022/08/726.pdf

Rumor update: Latest is it was down to two investment firms, they had decided on one of them but then one of the bidders who dropped out due to covid now wants to enter a bid so everything is on hold to reconsider this third bid.

I did say it was a rumor. I still believe Jay has been sold to an investment firm. Maybe they postponed the announcement due to Bill's sentence.

Rumor around the mountain is Jay Peak has been sold to an investment firm. Major announcement tomorrow.

Stenger sentenced to 18 months in prison for role in EB-5 fraud https://vtdigger.org/2022/04/14/stenger-sentenced-to-18-months-in-prison-for-role-in-eb-5-fraud/

Was up at Jay this weekend and noticed a few improvements going on: They are in the process of taking the communication lines for the Flyer off the towers and putting them underground to make the Flyer more reliable. This is a significant project since it requires burying a conduit the...

Was up at Jay this weekend and noticed a few improvements going on: They are in the process of taking the communication lines for the Flyer off the towers and putting them underground to make the Flyer more reliable. This is a significant project since it requires burying a conduit the entire...

Thanks for the update Steve. The electric bill was just a rumor. Glad to hear its not true. The bounced check was from a homeowner. Must have been one of the two.

I heard that rental checks sent to homeowners in september bounced and that Jay is not paying its electric bill. Not good news.