What a cat fight this is turning into.
Peak Resorts LTD has been screwing over the Condo owners for years,
1) Taking the lion share of rental income, now 60/40 “split”
2) Mismanaging the Hotel with a revolving door of GM’s, Three in 3 years
3) Shoddy maintenance.. epitomized by not winterizing of the water tower creating severe flood damage
4) Scare tactic emails threatening to close the Restaurant, Pool, Gym and other key features of the Attitash Grand Summit Hotel
5) Diminishing perks for owners like drastic reduction in lift ticket vouchers etc..
6) Covertly attempting to purchase 16 low priced units while not providing transparency on Hotel financials
The acrimonious relationship has spilled over and has been on display during the last several BOD and Owners meetings.
Peaks Resorts LTD is taking a risky gamble and alienating a large swath of their Attitash/WC Season Pass customer base, many of whom also drop huge $$$ on food and beverage over the course of the ski season. It is surprising this public company is taking this position against their “customers” and “business partners”. Lets see what the outcome is, stay tuned...
Peak Resorts LTD has been screwing over the Condo owners for years,
1) Taking the lion share of rental income, now 60/40 “split”
2) Mismanaging the Hotel with a revolving door of GM’s, Three in 3 years
3) Shoddy maintenance.. epitomized by not winterizing of the water tower creating severe flood damage
4) Scare tactic emails threatening to close the Restaurant, Pool, Gym and other key features of the Attitash Grand Summit Hotel
5) Diminishing perks for owners like drastic reduction in lift ticket vouchers etc..
6) Covertly attempting to purchase 16 low priced units while not providing transparency on Hotel financials
The acrimonious relationship has spilled over and has been on display during the last several BOD and Owners meetings.
Peaks Resorts LTD is taking a risky gamble and alienating a large swath of their Attitash/WC Season Pass customer base, many of whom also drop huge $$$ on food and beverage over the course of the ski season. It is surprising this public company is taking this position against their “customers” and “business partners”. Lets see what the outcome is, stay tuned...