Attitash (Peak Resorts LTD.) vs. Grand Summit Owners association - Page 3

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  1. #21
    Quote Originally Posted by Jcb890 View Post
    That is a good point. I'm thinking of places like Killington or Mount Snow which don't really have anything around them for people to do outside of using the mountain.
    Exactly. For a lot of the resorts with big hotels, the resort is the only game in town, so if there is ANY summer traffic, the hotel can at least compete. The Grand at Attitash can't compete during off seasons and in the ski season there is one of the best ski towns in New England 20 minutes away where you could stay instead.

    At first glance a hotel 'just' 20 minutes outside of Conway doesn't sound like a bad idea. Very different in practice though!


  2. #22
    Quote Originally Posted by Jully View Post
    Exactly. For a lot of the resorts with big hotels, the resort is the only game in town, so if there is ANY summer traffic, the hotel can at least compete. The Grand at Attitash can't compete during off seasons and in the ski season there is one of the best ski towns in New England 20 minutes away where you could stay instead.

    At first glance a hotel 'just' 20 minutes outside of Conway doesn't sound like a bad idea. Very different in practice though!
    Agreed, especially with how many lodging options there are in Conway or at least closer than 20 minutes away.
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  3. #23
    The reality is that the Grand Summit isn't big enough nor nice enough to attract the critical mass of people there to support nice amenities like a good restaurant and spa.

    In a way it reminds me of Stowes old hotel at the toll house. It just didn't have the scale to attract many people there outside of the weekends and holidays. Too small to make it work that far from town. Then they build Spruce and it works due to it's size and amenities.

    If Attitash built a bunch more lodging at the Bear Peak base, then the Summit could probably support a decent restaurant and re-invest in the health club and Spa.

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  4. #24
    Edd's Avatar
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    During ski season, I spend the night in Bartlett regularly and it has never occurred to us to go to the Grand Summit for dinner and Matty B’s isn’t a draw for us. Too many good options towards Intervale and Jackson.


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  5. #25
    Matty B's is just fine for beers and a pie when I'm staying at AMV, no driving necessary. Plus the pool is in the building as well.
    15-16 Killington 11-17-16

  6. #26
    It looks like the Board of Directors for the Summit and Peak have reached an impasse. The Summit BOD has not renewed the agreement with the Peak Past April 30th, 2018 to manage the association. Business as usual until the 30th of April, then it's a mystery as to what the owners will be doing to manage the Summit. They attempted to lease the commercial space owned by Attitash, but could not come up with the security amount requested by Peak and disagreed on the amount requested. Looks like without an agreement to manage the whole place, Peak is not interested in supporting the amenities at the Summit after the 30th. No group space, no F&B. Just a condo hotel with a pool. Peak did try to buy units, not in a sneaky way as the BOD has a first right of refusal to buy the units before any sale. The BOD did not want to buy units and were in fear of Peak buying units so they are attempting to stop the sale. Crazy as many owners want to sell and their are hardly any buyers for 1/4 share anymore. If you have read Ski Inc. (https://www.amazon.com/SKI-INC-ski-r.../dp/B01N2X7K6J) it describes how the quarter share concept of the Grand Summit Chain partly was responsible for bringing down American Ski Corp. Some are doing well, like Park City, other are struggling....

    I have been a former owner at the Summit and Guest, I hope the BOD and Peak can work together, as it would be a shame for the Summit to collapse into financial ruin...

  7. #27
    machski's Avatar
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    Quote Originally Posted by MainerSkiBum View Post
    It looks like the Board of Directors for the Summit and Peak have reached an impasse. The Summit BOD has not renewed the agreement with the Peak Past April 30th, 2018 to manage the association. Business as usual until the 30th of April, then it's a mystery as to what the owners will be doing to manage the Summit. They attempted to lease the commercial space owned by Attitash, but could not come up with the security amount requested by Peak and disagreed on the amount requested. Looks like without an agreement to manage the whole place, Peak is not interested in supporting the amenities at the Summit after the 30th. No group space, no F&B. Just a condo hotel with a pool. Peak did try to buy units, not in a sneaky way as the BOD has a first right of refusal to buy the units before any sale. The BOD did not want to buy units and were in fear of Peak buying units so they are attempting to stop the sale. Crazy as many owners want to sell and their are hardly any buyers for 1/4 share anymore. If you have read Ski Inc. (https://www.amazon.com/SKI-INC-ski-r.../dp/B01N2X7K6J) it describes how the quarter share concept of the Grand Summit Chain partly was responsible for bringing down American Ski Corp. Some are doing well, like Park City, other are struggling....

    I have been a former owner at the Summit and Guest, I hope the BOD and Peak can work together, as it would be a shame for the Summit to collapse into financial ruin...
    Sorry to hear this, the Grand Summit and Jordan at SR seem to be doing well. I have never heard that about the quarter share hotels being a major factor in ASC's failure. And they sure as heck are not the only resort company to have had Quarter Share hotels (most of New England has examples at many resorts).

    Hope things work out.

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  8. #28
    thetrailboss's Avatar
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  9. #29
    Quote Originally Posted by thetrailboss View Post
    I though they have been under Peaks since the ASC collapsed.

  10. #30

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    The hotel is not owned by the resort, just operated by the resort. The homeowners association canceled their contract with the resort to operate the hotel. That is the reason that the weddings were cancel. They were booked through the resort.

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